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Deals & People July 25, 2023
Fiducient Advisors Names Long CIO
Bradford Long, current chair of the firm's investment committee, will be replacing Matthew Rice as chief investment officer.
Reported by Remy Samuels
Bradford Long, a managing partner in Fiducient Advisors, is stepping into the role of chief investment officer, replacing Matthew Rice, the company confirmed Tuesday.
Long, who joined Fiducient in 2012, will now lead the firm’s investment strategy and research efforts. In addition, Long chairs the firm’s investment committee and is a member of its discretionary committee, research forum, capital markets team and mission-aligned investing committee.
“As Deputy CIO, I had the opportunity to lead our Investment Committee for the last 18 months,” Long wrote in an emailed statement. “While the title change is effective this week, our broader succession plan has afforded us ample time for a very thoughtful transition.”
Prior to joining Fiducient, Long worked in various research capacities at Citigroup and Wells Fargo in New York.
Rice wrote in a LinkedIn post on Monday that: “With a heart filled with both excitement and nostalgia, I share with all of you that after an incredible journey of 23 years, I will be bidding farewell to Fiducient Advisors later this year. This decision was not an easy one, as this firm has been my second home, a place where I have grown both professionally and personally, and where I have had the privilege of working with some truly remarkable individuals.”
The move comes shortly after Fiducient named Sabrina Bailey as its new CEO last week. Bailey will join from the London Stock Exchange Group plc, where she was global head of investment and wealth solutions. She will succeed Bob DiMeo, the co-founder of Fiducient, who will become chairman.