Wall Street Veteran Strategist Steven C. Wieting Joins CIO Group as Co-Chief Investment Officer and Co-Founder

Reuniting with David Bailin after more than a decade of partnership at Citi, Steven Wieting deepens CIO Group's investment leadership team.

NEW YORK, Oct. 7, 2025 /PRNewswire/ -- CIO Group ("CIOG"), a new wealth intelligence firm, announced today that Steven C. Wieting has joined as Co-Chief Investment Officer and Co-Founder. Steven, an award-winning global investment strategist, economist, and asset allocator, reunites with CIOG Founder and Co-CIO David Bailin, with whom he worked side-by-side for over a decade at Citi Wealth.

Together, Steven and David bring decades of experience advising the world's wealthiest families and institutions, having steered clients through major market cycles and crises while overseeing more than $30 billion in discretionary portfolios. Their partnership at Citi produced a track record of portfolio innovation, thought leadership and resilient performance.  Their skills were recognized by the investing community, David was acknowledged for leading Euromoney's World's Best CIO Office in 2023 and Steven earned recognition for running Private Wealth Management's Best Chief Investment Office in Private Banking in 2024.

Steven Chaired Citi Wealth's Global Investment Committee from 2013 to early 2025. At CIO Group, Steven will co-lead investment strategy and portfolio management, driving the firm's global outlook, active asset allocation and integration of COLOR — CIOG's proprietary AI-powered portfolio intelligence engine — into client portfolios.

"Steven is not only one of the most respected strategists in global markets on Wall Street, he is also a trusted partner for families, chief investment officers and wealth owners globally," said David Bailin, Co-Founder and Co-CIO of the CIO Group. "Our reunion at CIOG will enable us to broaden the advice and implementation strategies we make available to our clients. CIOG has a state-of-the-art tech platform, its own proprietary AI analytics engine and the ability to deliver implementation strategies from all sources without bias. We will bring technology and judgment together, helping clients take the right risks in today's complex world."

Commenting on his new role, Wieting said: "At CIOG, I have the opportunity to merge the best of my investment experience advising UHNW clients with the power of COLOR, CIOG's artificial intelligence system. By combining human judgment with AI-driven insights, CIOG is offering Total Wealth Intelligence — a new standard to help families grow and protect their wealth."

Wieting joins a leadership team drawing senior talent from JPMorgan, BDT & MSD, and multi-generational family offices. CIOG expects broad adoption of its approach as UHNW families and family offices seek independent, institutional-grade partners.

About CIO Group

The CIO Group is a wealth intelligence firm delivering portfolio management and advice powered by COLOR, its proprietary AI-powered wealth intelligence engine . Founded by an award-winning executive team from Citi, JPMorgan, BDT & MSD, and leading family offices, CIOG combines artificial and human intelligence to deliver Clarity, Insight, and Optimization for ultra-high-net-worth families and institutions. CIOG advises and manages portfolios with reduced fees, increased tax efficiency, greater cash yields, and fewer hidden risks while providing exposure to areas of the economy that will be the biggest drivers of wealth creation. CIOG works cooperatively with advisors, wealth owners and families that seek independent institutional-grade investment expertise.

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SOURCE CIO Group