Nolan Joins First Citizens as Director of Investment Strategy
April 13 2021 - 11:15AM
Patrick Nolan has joined First Citizens Bank as director of
Investment Strategy.
In this key role, Nolan leads the bank’s investment offerings,
including portfolio construction, asset allocation and manager
research. He also provides oversight and development for the
group’s products and services. He reports to First Citizens Chief
Investment Officer Brent Ciliano.
“Patrick is a highly talented investment professional who brings
a depth of industry knowledge to our company,” said Michael Wilson,
First Citizens Wealth Management Executive. “With his considerable
expertise and diverse skill set, he will play an active and
important role in further developing our investment strategy. We're
excited to welcome him to our team.”
Nolan has nearly 25 years of industry experience and joins First
Citizens from BlackRock, where he helped create its Portfolio
Solutions team. He and his team at BlackRock provided consulting on
portfolio construction and risk management to assist institutional
investors and financial advisors with asset allocation, portfolio
structure and implementation decisions.
Nolan has also authored numerous papers on topics related to
investment portfolio construction and strategy. He began his career
at Merrill Lynch Investment Managers in 1997, which was acquired by
BlackRock in 2006.
Nolan received a bachelor’s degree in economics with a
concentration in accounting from Rutgers University. He holds a
Chartered Financial Analyst (CFA®) designation and Series 7, 24, 63
and 66 Financial Industry Regulatory Authority (FINRA)
licenses.
Founded in 1898, First Citizens Bank is one of the largest
family-controlled banks in the U.S., with offices in 19 states. For
more information, visit firstcitizens.com.
First Citizens Wealth Management is a registered trademark of
First Citizens BancShares, Inc. First Citizens Wealth
Management products and services are offered by First-Citizens Bank
& Trust Company, Member FDIC; First Citizens Investor Services,
Inc., Member FINRA/SIPC, an SEC-registered broker-dealer and
investment advisor; and First Citizens Asset Management, Inc., an
SEC-registered investment advisor.
Contact: |
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Frank
Smith |
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First Citizens Bank |
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919.716.4121 |
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/65ea1942-798f-4d6e-824c-d40c2f9416ce
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