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Long-term Industry Executive Joins Fintech Firm to Address the Convergence of Wealth and Retirement


News provided by

ProNvest

Oct 20, 2022, 11:05 ET

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Mike Row, Chief Revenue Officer
Mike Row, Chief Revenue Officer

WealthTech Industry leader joins ProNvest bringing over 30 years of experience

CHATTANOOGA, Tenn., Oct. 20, 2022 /PRNewswire-PRWeb/ -- ProNvest, a WealthTech company that provides managed account and held-away 401(k) solutions, announced that Mike Row has joined the firm as its Chief Revenue Officer. Mr. Row will be leading ProNvest's competitive strategies and tactics that will directly influence the company's ability to continue to scale in its rapid growth.

Big players in the wealth management and retirement space are acquiring or building technology platforms to target the large mass affluent market's out-of-plan assets. These industries are racing to serve the 401(k) participant resulting in a convergence of wealth and retirement. With this shift, ProNvest offers innovative technology to enable plan advisors and wealth management firms to capitalize on this convergence. In hiring Mr. Row, ProNvest has a strategic advantage through the relationships he has built with broker-dealers and advisors within the wealth sector. With his background, Mr. Row will help equip firms with the tools they need to accelerate their workplace wealth growth strategies.

"Mike's ability to clearly communicate the needs of his clients and the value of the ProNvest products will undoubtedly deepen the relationships ProNvest has within the wealth and retirement industries," said Marc Butler, President and COO of Skience and Board Member of ProNvest.

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Prior to joining ProNvest, Mr. Row spent the last three decades as a senior leader within the client- and market-facing teams at BNY Mellon|Pershing, and from 2015 acted as its Chief Relationship Officer. "I'm delighted to join ProNvest's management team. I have been privileged to work with hundreds of broker-dealers and advisors to help them unlock additional value in their Pershing relationships and deliver on their strategic priorities," said Mr. Row. "I am excited to bring that consultative approach and experience to ProNvest, and again to that marketplace. The traditional wealth management and defined contribution plan businesses are engaged in an unprecedented convergence and the ProNvest set of solutions is uniquely positioned to help."

"Mike's ability to clearly communicate the needs of his clients and the value proposition of ProNvest will undoubtedly deepen the relationships ProNvest has within the wealth and retirement industries," said Marc Butler, President, and COO of Skience and Board Member of ProNvest. "Mike's industry knowledge and leadership skills will help ProNvest flourish and grow."

"As ProNvest continues to grow in the wealth technology industry, hiring Mike Row was an incredible value-add to our company and for those we serve. His skill set will help further maximize our reach and opportunity to help partners succeed in the convergence of wealth and retirement," said CEO and Founder of ProNvest, Jay Jumper. "Mike has a proven track record of providing unmatched innovative and strategic leadership and we are excited to see him carry those skills here."

About ProNvest
ProNvest is an industry-leading managed account solution helping defined-contribution plan participants with professional account management and custom retirement planning. ProNvest matches innovative technology with money management to make investing intuitive for long-term investors. Partnering with plan providers and advisors across the country, ProNvest works to provide comprehensive retirement planning solutions, advice, and managed account services to plan participants. For more information about ProNvest, please visit http://www.pronvest.com

Media Contact

Caroline Martin, ProNvest, 1 4236029422, [email protected]

SOURCE ProNvest

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