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.

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 to sign up for more insights and events from the Chestnut Solutions Institute and follow us on LinkedIn.

This material does not constitute advice or a recommendation or offer to sell or solicitation for any security or financial product.