Fiducient Advisors Names Sabrina Bailey as Its Next CEO
Proven leader brings collaborative, growth-oriented vision to the firm's 28+ year legacy of helping clients prosper
CHICAGO, July 18, 2023 /PRNewswire-PRWeb/ -- Fiducient Advisors, an NFP company, today introduced Sabrina Bailey as the firm's next CEO. Bailey most recently served as London Stock Exchange Group plc's (LSEG) global head of Investment and Wealth Solutions. She succeeds Bob DiMeo, the firm's founder, who will become chairman and remain actively engaged in the business. Bailey will join Fiducient Advisors on July 31.
"I am delighted to welcome Sabrina as our new CEO and am confident she is poised to lead Fiducient Advisors on a continued path of success and growth," said DiMeo. "Sabrina's remarkable industry experience and expertise, along with her genuine care for colleagues and clients, make her the perfect choice to guide Fiducient Advisors to new heights. In my new role as chairman, I eagerly anticipate working alongside Sabrina and supporting her vision."
Headquartered in Chicago, with six additional locations and clients in 46 states, Fiducient Advisors is an investment consultant that advises retirement Plan Sponsors, endowments and foundations, individuals and families, and financial institutions. In January, then-current CEO, DiMeo, announced Fiducient Advisors' plan to initiate a nationwide search for the firm's next chief executive officer. DiMeo, who co-founded Fiducient Advisors (then known as DiMeo Schneider & Associates, L.L.C.) in 1995, introduced the Fiducient Advisors brand in 2021. The firm has over $240 billion in assets under advisement as of December 31, 2022.
"Sabrina is an exceptional leader whose experience and impact align well with our values and goals for growth," said Doug Hammond, chairman and CEO, NFP. "Across her career, she has successfully built collaborative and accountable teams and consistently delivered meaningful value for stakeholders. Fiducient Advisors is operating from a position of strength — the result of extraordinary leaders and professionals in growing the firm. Sabrina is the right leader to ensure the firm continues to meet the dynamic needs of clients."
Prior to LSEG, Bailey worked at Northern Trust, first as global head of Retirement Solutions, then as head of Digital Investment Advice. She subsequently assumed the CEO role for Northern Trust Asset Management's fintech business, Emotomy. Before her time at Northern Trust, Bailey served as US Investments Defined Contribution leader for Mercer and as Seattle office leader for Towers Watson.
"Joining Fiducient Advisors is an honor. This is an exceptional firm, grounded in its remarkable people and clients whom I will proudly serve," said Bailey. "As we venture forth into our transformative journey, my commitment remains steadfast in leading Fiducient Advisors towards even greater horizons. Our mission continues to thrive on fostering prosperity among the individuals, businesses and communities we are devoted to serving."
Bailey is active in the Chicagoland community. In addition to serving on the Board of Advisors for The Salvation Army's Chicago Metropolitan Division, she is the co-founder and current president of Grow for Hope, an organization that empowers women through employment and education.
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About Fiducient Advisors
Founded in 1995, Fiducient Advisors is dedicated to investment consulting. For nearly three decades, Fiducient Advisors has been consistently delivering tailored advice to retirement Plan Sponsors, endowments and foundations, individuals and families and financial institutions. Clients turn to us not just for our financial expertise, but for the passion and steadfast commitment that defines our personal service. With seven offices across the nation, we are a trusted fiduciary to clients throughout the country. At the heart of each client relationship is a deep dedication to putting our clients' needs first.
Visit FiducientAdvisors.com to see how we can help you prosper.
About NFP
NFP is a leading property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor that provides solutions enabling client success through the expertise of over 7,400 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions.
Visit NFP.com to discover how NFP empowers clients to meet their goals.
Media Contact
Josh Wozman, NFP, 415-381-6441, josh.wozman@nfp.com
SOURCE NFP
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