MMI Names Steve Gresham 2013 Pioneer Award Winner for Contributions to the Evolution and Growth of Advisory Solutions

Tuesday, March 19, 2013

Contacts: Joan Lensing – 610-430-7684
jlensing@mminst.org

Newton Lamson – 212-751-6126
nlamson@donleycomm.com

For Immediate Release
WASHINGTON, D.C., March 19, 2013 – The Money Management Institute (MMI) today announced that Steve Gresham, Senior Vice President of the Private Client Group for Personal Investing at Fidelity Investments®, is the winner of its 2013 Advisory Solutions Pioneer award. Mr. Gresham – who is being recognized for his thought leadership and career-long contributions to the development of the managed solutions industry – will be recognized at the Gateway to Leadership Industry Awards dinner on April 23, 2013 at the MMI Annual Convention in New York City.

The Pioneer Award is given annually to an individual who embodies MMI’s mission to serve as an advocate and catalyst for the growth of the managed investment solutions and wealth management industry.


“Each year we bestow this award on an industry leader who exemplifies the pioneer spirit. This year we honor Steve Gresham, a true innovator and pioneer in the managed solutions industry, who joins a prestigious list of 36 previous Pioneer Award winners. Throughout his illustrious career, Steve has been at the forefront of change in our industry and a tireless advocate for delivering superior solutions to address clients’ real-world financial needs.” - Matt Witkos, MMI Chairman and President of Eaton Vance Distributors


“Steve’s passion for developing and delivering innovative client solutions for our high net worth investors has been a true asset for our firm,” said Kathleen Murphy, president, Personal Investing, Fidelity Investments. “His invaluable contributions to Fidelity’s Private Client Group, Wealth Advisor Solutions and Private Wealth Management efforts have positioned us for strong future growth.”

Added Christopher L. Davis, MMI President, “Steve continues to lead by example through his groundbreaking work as co-chair of Brown University’s “As America Ages” initiative at the Taubman Center for Public Policy and American Institutions. He doesn’t just talk about big issues and big challenges, but constantly challenges himself—and others—to consider different perspectives and adopt an interdisciplinary approach to coming up with creative solutions.”

About Steve Gresham

During his 31 years in the financial advice industry, Mr. Gresham has been at the forefront of many defining trends including managed accounts, fee-based wealth management, lifecycle mutual funds and alternative investment products. Mr. Gresham is senior vice president, Private Client Group for Personal Investing (PI), a unit of Fidelity Investments, a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and other financial products and services to more than 20 million individuals, institutions and financial intermediaries. Mr. Gresham previously led the Investment Product Group for Fidelity’s Personal and Workplace Investing unit.

Prior to joining Fidelity, he held many senior leadership positions in retail and retirement product distribution, marketing, product management and product development at firms such as Phoenix Investment Partners, Ltd., Weiss, Peck & Greer, LLC and Systematic Financial Management, Inc. From 1997 to 2001, Mr. Gresham ran his own consulting firm, The Gresham Company, LLC, where he worked with over 50 domestic and international financial services firms on successful projects spanning the industry. Mr. Gresham is the author of five books about the financial advice industry, including The New Advisor for Life (John Wiley & Sons, 2011) and, with Arlen Oransky, The New Managed Account Solutions Handbook (Wiley, 2007). Mr. Gresham received his bachelor’s degree in 1983 from Brown University, where he now serves as co-chair of Brown’s Aging Initiative at the Taubman Center for Public Policy. Mr. Gresham also is a former director of the Money Management Institute and a founding board member of the International Money Management Institute.

About the Money Management Institute (MMI) - Since 1997 MMI has been the leading voice for the global financial services organizations that provide advice and professionally-managed solutions to individual and institutional investors. Through industry advocacy, educational initiatives, regulatory affairs, data reporting and professional networking, MMI supports and advances the growth of advisory solutions. MMI members’ advice-driven investment solutions serve an evolving worldwide financial landscape and their organizations are committed to the highest standards of fiduciary responsibility and ethical conduct. For more information, visit www.moneyinstitute.com.