Patty Quinn McAuley
Clark Capital adds two strategic hires as firm growth continues
Philadelphia, PA, September 5, 2018 — Clark Capital Management Group, an independent asset manager founded in 1986, announced today that Tim McGarrity and Jim Shields have joined the Firm, expanding the executive leadership and key account distribution teams.
Tim McGarrity joins the Firm as Chief Financial Officer and is responsible for the oversight of Clark Capital’s accounting, finance, treasury and tax functions. With over 25 years’ experience in the financial industry, Tim has also served as the VP of Finance at Hartford Funds. Prior to his role at Hartford Funds, Tim spent over 10 years at Delaware Investments, eventually becoming the SVP of Finance and Corporate Development. Tim will report directly to Brendan Clark, CEO.
Jim Shields has been appointed to the newly created position of Senior Vice President, Key Accounts, working towards growing the Firm’s product placement and distribution opportunities among broker dealer and investment platforms. Prior to Clark Capital, Jim served in senior sales and distribution roles at Russell Investments both as a Regional Director and as Director of RIA and Independent Broker/Dealer Distribution. Jim also served eight years active duty in the U.S. Navy as a P-3 Mission Commander. Jim will report to Joseph Bell, Executive Vice President, Key Accounts.
“We’re excited to welcome these two dynamic leaders to Clark Capital,” said Brendan Clark, Chief Executive Officer. “They each bring with them a wealth of industry experience, which will help the Firm remain on a path of continued, sustainable growth and deliver asset management excellence to our clients.”
About Clark Capital Management Group
Clark Capital Management Group is an independent asset management firm providing institutional quality investment strategies to individual investors, corporations, foundations, and retirement plans. The Firm was founded in 1986 by Harry Clark, Executive Chairman, and has been entrusted with over $13.1 billion* in assets.
Our investment philosophy is driven by a single-minded focus: to add value for our collective clients. This focus enables us to seek superior risk-adjusted returns over full market cycles through a disciplined process focused on three principles: meaningful diversification, opportunistic asset allocation, and personalized risk management. It compels us to maintain a long-term perspective and provide innovative investment management strategies that enable advisors to deliver investment success to their clients. Portfolio Managers utilize both a relative strength, top down methodology and a fundamental, bottom-up methodology across fixed income, equity, alternative, and diversified asset allocation strategies.
*As of July 31, 2018; includes assets under management and sub-advised assets
Past performance is no guarantee of future results. Clark Capital reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs. Clark Capital Management Group, Inc. is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about Clark Capital’s investment advisory services can be found in its Form ADV Part 2, which is available upon request.