CHICAGO, Dec. 1, 2016 /PRNewswire/ -- NextCapital, the leader in enterprise digital advice, today announced the appointment of Matt Clink as Chief Investment Officer of NextCapital. Most recently, Clink served as North American Chief Investment Officer for Aon Hewitt Investment Services, responsible for managing $50B in assets under management.
Clink brings 17 years of experience in institutional asset management. His specialties include pension consulting, target date fund solutions, pension risk management, product design, modeling, portfolio implementation and advisory solutions.
At NextCapital, he will work with large institutional partners to implement their methodologies, lead the enhancement of NextCapital's proprietary advice methodology, and chair its Investment Committee.
"NextCapital is at the forefront of helping large institutions deliver their proprietary advice methodology through 401(k) and retail channels," said John Patterson, CEO of NextCapital. "Matt is a great fit in the CIO role with our focus on an enterprise partnership strategy. His strong institutional background brings a deep understanding of our partners' needs, and he also clearly sees a unique opportunity to work with those partners to extend the best quality advice to their end clients."
Clink is an investment industry thought leader, and research publisher on a variety of investment and risk management topics. He is a Chartered Financial Analyst, and a member of the Chartered Financial Analyst Society of Chicago. He holds a master's degree in finance from the University of Alabama, Manderson Graduate School of Business.
NextCapital provides institutions with an integrated, end-to-end platform for delivering and administering automated 401(k) and retail advice to investors -- including holistic portfolio tracking, planning, savings advice and portfolio management.
"With NextCapital's platform there is an unprecedented opportunity to apply institutional investment best practices and scale it to benefit the individual investor. I look forward to working with the NextCapital team and our partners to deliver the highest quality, personalized advice," said Clink.
About NextCapital Group: NextCapital is the leader in enterprise digital advice. NextCapital partners with world class institutions to deliver personalized planning and managed accounts to individual investors across multiple channels including 401(k), IRA, and taxable brokerage accounts. Our open-architecture digital advice solution provides integrated account aggregation, analytics, planning and portfolio management, and allows partners to customize advice methodology and fiduciary roles. NextCapital powers digital advice strategies for leading world-class brands such as SSGA, Russell Investments and Transamerica.