Money Management Institute Announces New Officers, Executive Committee Members, and Governors: Leadership Brings Deep Experience and New Perspective

Tuesday, May 15, 2018

NEW YORK, NY, May 15, 2018 – The Money Management Institute (MMI) today announced its officers and Executive Committee members for 2018-2019, as well as three new members of its Board of Governors.

Patty Loepker, Managing Director, Head of Research Directed Advisory Programs at Wells Fargo Clearing Services, LLC was named Chair of the MMI Board of Governors for the coming year. Jennifer Abate, Managing Director at Lazard Asset Management, was named Chair-Elect; Marilee Ferone, Managing Director, Head of Advisory Programs at UBS Financial Services, was named Treasurer; and Troy Thornton, Managing Director, Head of Investment Consulting Group at Goldman Sachs Asset Management, was named Secretary. Roger Paradiso, Head of Alternative Distribution Strategies at Legg Mason, who just completed his one-year term as Chair, was named Chair Emeritus.

“I am honored to have been chosen to lead the MMI Board of Governors,” said Ms. Loepker. “At a time when our industry faces a true sea change in how we deliver financial advice to retail investors, MMI is uniquely positioned to bring the collective power of our members – leading asset managers, sponsor firms, and solutions providers – to bear on addressing critical industry issues. I look forward to working with my fellow officers, Executive Committee members, and the entire MMI Board and organization to drive our ambitious agenda of initiatives over the next year.”

Added Mr. Paradiso, “It has been my distinct privilege to serve as Chair over the past year. More than anything, MMI is about the individuals involved and their commitment to innovation and delivering better client outcomes.”

In addition to the five newly-named officers, the other members of the MMI Executive Committee for 2018-2019 are:

David Lindenbaum, VP, Managed Accounts & Alternative Investments, Charles Schwab & Co.
Andrea Lisher, Managing Director, Head of North America, Global Funds, J.P. Morgan Asset Management
Cheryl Nash, President, Investment Services, Fiserv
Pete Thatch, SVP, Director of National Accounts, Capital Group
Jake Tuzza, Managing Director, Head of Intermediary Distribution, Voya Investment Management
Craig Pfeiffer, President and CEO, Money Management Institute

Joining the MMI Board of Governors as new representatives of their respective firms are:

Jim Devaney, SVP, National Sales Manager, PGIM Investments
Pat Feigley, EVP, Head of Sales, U.S. Global Wealth Management, PIMCO
Jim Tracy, Head of Consulting Group and Practice Management, Morgan Stanley Wealth Management

“As we welcome these three proven leaders to the MMI Board,” said Paradiso, “I also want to acknowledge the three Governors they are replacing for their leadership and long-standing commitment to MMI’s mission. Eric Sutherland, representing PIMCO, Stuart Parker, representing PGIM Investments, and Marc Brookman, representing Morgan Stanley Wealth Management, are trusted colleagues and friends of MMI, and we thank them for their many contributions to our organization’s growth and success.”

“We are in the midst of a period of significant change in the investment advisory business,” said Mr. Pfeiffer. “In such times, the quality of an organization’s leadership is of paramount importance. As the leading voice and advocate for investment advisory solutions, our association is extremely fortunate to have such a seasoned and accomplished team of industry executives to guide our efforts.”

About the Money Management Institute (MMI): Since 1997 MMI has been the leading voice for the global financial services organizations that provide financial advice and professionally-managed investment advisory solutions to individual and institutional investors. Through programs focused on member interaction, education and professional development, data analytics and insight, next-generation initiatives, and thought leadership and advocacy, MMI supports and advances the growth of a diverse spectrum of investment advisory solutions that serve an evolving worldwide financial landscape. MMI member organizations are committed to the highest standards of fiduciary responsibility and ethical conduct and to creating the most successful outcomes for investors at every level of assets. For more information, visit

Joan Lensing, Money Management Institute,, (646) 868-8518
Matthew Conroy, Peppercomm,, (212) 931-6133