Evaluating OCIOs and Solutions: A Holistic Value Measurement Framework

Meet the OCIOs - Sona Menon from Morgan Stanley Wealth Management

Our guest Sona Menon, serves as the Head of the Outsourced Chief Investment Office (OCIO) within Morgan Stanley Wealth Management. Sona also oversees the institutional product platform which sources and accesses institutional managers for the OCIO business. In these capacities, she oversees $145 billion in AUM across the various client segments. We discuss: * Her career journey * Morgan Stanley’s business and the OCIO market * OCIO client trends * Investment philosophy, portfolio construction * Future priorities Our Meet the OCIOs series are one-on-one discussions with senior leaders from across the investment solutions and OCIO ecosystem, where we can dive deep into big issues facing the solutions industry and also get to know a bit of the person behind the title.  Send us feedback [https://www.buzzsprout.com/2409486/fan_mail/new] This podcast is owned and produced by the Chestnut Solutions Institute, an independent forum for investment solutions providers and their partners, dedicated to advancing the future of the investment solutions industry. The Institute is part of the Chestnut Advisory Group, a boutique, practitioner-led management consulting firm dedicated to asset managers and investment solutions providers. Visit us at www.chestnutadvisory.com [https://chestnutadvisory.com/#] to sign up for more insights and events from the Chestnut Solutions Institute and follow us on LinkedIn [https://www.linkedin.com/company/5172652/admin/dashboard/]. This material does not constitute advice or a recommendation or offer to sell or solicitation for any security or financial product.

Meet the OCIOs - Anne Marie Schultz from Mercer

Our guest Anne Marie Schultz  is a Partner and the U.S. Investments Commercial Leader at Mercer, responsible for driving growth across investment tools, advice and solutions for all clients. Anne Marie and Institute co-founder Amanda Tepper discuss a wide range of topics, including:  * The ‘three C’s’ Anne Marie believes are driving increasing investor demand for custom investment solutions * How solutions clients benefit from strategic acquisitions executed by their providers * Where the solutions industry is going over the next five years  And much more. Our Meet the OCIOs episodes are one-on-one discussions with senior leaders from across the investment solutions and OCIO ecosystem, where we can dive deep into big issues facing the solutions industry and also get to know a bit of the person behind the title.  Send us feedback [https://www.buzzsprout.com/2409486/fan_mail/new] This podcast is owned and produced by the Chestnut Solutions Institute, an independent forum for investment solutions providers and their partners, dedicated to advancing the future of the investment solutions industry. The Institute is part of the Chestnut Advisory Group, a boutique, practitioner-led management consulting firm dedicated to asset managers and investment solutions providers. Visit us at www.chestnutadvisory.com [https://chestnutadvisory.com/#] to sign up for more insights and events from the Chestnut Solutions Institute and follow us on LinkedIn [https://www.linkedin.com/company/5172652/admin/dashboard/]. This material does not constitute advice or a recommendation or offer to sell or solicitation for any security or financial product.

Meet the OCIOs - Dan Farley from State Street Investment Management

Our guest Dan Farley,  Executive Vice President at State Street and CIO for the Investment Solutions Group is responsible for the management and development of asset allocation strategies for institutional clients around the world.  He leads a team of over 150 investment professionals, managing and developing over $500 billion in multi-asset class portfolio solutions for institutional clients and intermediaries. Dan and Chestnut Solutions Institute co-founder Ravi Venkataraman discuss a wide range of topics, including:  * The solutions business at State Street * How OCIO fits in a continuum of client solutions and market segments * Investment capabilities and other types of value add  And much more. Our Meet the OCIOs series are one-on-one discussions with senior leaders from across the investment solutions and OCIO ecosystem, where we can dive deep into big issues facing the solutions industry and also get to know a bit of the person behind the title.  Send us feedback [https://www.buzzsprout.com/2409486/fan_mail/new] This podcast is owned and produced by the Chestnut Solutions Institute, an independent forum for investment solutions providers and their partners, dedicated to advancing the future of the investment solutions industry. The Institute is part of the Chestnut Advisory Group, a boutique, practitioner-led management consulting firm dedicated to asset managers and investment solutions providers. Visit us at www.chestnutadvisory.com [https://chestnutadvisory.com/#] to sign up for more insights and events from the Chestnut Solutions Institute and follow us on LinkedIn [https://www.linkedin.com/company/5172652/admin/dashboard/]. This material does not constitute advice or a recommendation or offer to sell or solicitation for any security or financial product.

Evaluating OCIOs and Solutions: A Holistic Value Measurement Framework

As the OCIO marketplace continues to expand, traditional investment evaluation techniques focused solely on performance and fees are no longer sufficient. The Chestnut Solutions has introduced the Holistic Value Measurement (HVM) framework — a powerful new governance tool for evaluating OCIO and investment solutions providers that can be used by asset owners, OCIOs, solutions providers, and search consultants. In this episode, originally recorded as a webinar on June 26th, 2025, Chestnut Managing Partners, Ravi Venkataraman and Amanda Tepper introduce the HVM framework and discuss business and client applications with JP Morgan's Joshua White, Head of NAI and Insurance Investment Specialists for the firm's OCIO business. Learn how HVM can enhance due diligence, provider selection, and ongoing monitoring by assessing value across three critical dimensions: 📊 Investments ⚙️ Operations 🤝 Service Accompanying slides may be found on Chestnut’s website here [https://chestnutadvisory.com/evaluating-ocios-and-solutions-providers-holistic-value-measurement/#flipbook-df_16855/1/]. Send us feedback [https://www.buzzsprout.com/2409486/fan_mail/new] This podcast is owned and produced by the Chestnut Solutions Institute, an independent forum for investment solutions providers and their partners, dedicated to advancing the future of the investment solutions industry. The Institute is part of the Chestnut Advisory Group, a boutique, practitioner-led management consulting firm dedicated to asset managers and investment solutions providers. Visit us at www.chestnutadvisory.com [https://chestnutadvisory.com/#] to sign up for more insights and events from the Chestnut Solutions Institute and follow us on LinkedIn [https://www.linkedin.com/company/5172652/admin/dashboard/]. This material does not constitute advice or a recommendation or offer to sell or solicitation for any security or financial product.

OCIO 2.0 for Nonprofits: Bernie Reidy of Bank of America

Bernie Reidy, National Endowments & Foundations Executive at Bank of America, plays a pivotal role in shaping and executing his firm's national strategy serving endowments and foundations across the United States. He leads a team that develops customized OCIO mandates tailored to nonprofit clients’ missions and objectives. In this thoughtful executive conversation, Bernie and Chestnut Solutions Institute co-founder Amanda Tepper discuss a wide range of topics, including:   * How Bank of America’s suite of value-added non-profit operations and strategy advisory services can impact clients’ investing approach * Existential questions such as ‘What is an OCIO?’ ‘What is a fiduciary?’ * Why two OCIOs are not (generally) better than one * The broader value of strategic nonprofit advisory Our executive conversations are one-on-one discussions with senior leaders from across the investment solutions ecosystem, where we can dive deep into big issues facing the solutions industry and also get to know a bit of the person behind the title. Send us feedback [https://www.buzzsprout.com/2409486/fan_mail/new] This podcast is owned and produced by the Chestnut Solutions Institute, an independent forum for investment solutions providers and their partners, dedicated to advancing the future of the investment solutions industry. The Institute is part of the Chestnut Advisory Group, a boutique, practitioner-led management consulting firm dedicated to asset managers and investment solutions providers. Visit us at www.chestnutadvisory.com [https://chestnutadvisory.com/#] to sign up for more insights and events from the Chestnut Solutions Institute and follow us on LinkedIn [https://www.linkedin.com/company/5172652/admin/dashboard/]. This material does not constitute advice or a recommendation or offer to sell or solicitation for any security or financial product.