Glenmede Announces Client-Focused Organizational Changes

PHILADELPHIA, PA--(Marketwired - Nov 23, 2015) - Glenmede, a privately-held and independently owned investment and wealth management firm with $30 billion in assets under management, announces the appointments of Laura LaRosa as Director of Business Development and Susan Mucciarone as Director of Private Client Relationship Management. Both continue to serve as members of Glenmede's Management Committee reporting to Howard E.N. (Chip) Wilson, Executive Director of Relationship Management.

"Susan and Laura are proven leaders with a deep understanding of Glenmede's culture and unique client service preferences. These appointments align with our longstanding commitment to provide an excellent experience for our clients and intermediary partners, for today and future generations," said Gordon B. Fowler, Jr., CEO and Chief Investment Officer of Glenmede.

In her new role, Ms. LaRosa will draw upon her deep knowledge of the firm's service model, investment solutions and culture to enable Glenmede's business development professionals to provide consultative advice to prospective clients and intermediaries. Leveraging her distinct background, she will continue to serve as a member of the Investment Policy Committee. Most recently, she served as Director of Portfolio Management, overseeing professionals managing portfolios in excess of $17 billion of assets for individuals, families and tax-exempt entities. Previously, she served as Glenmede's Director of Fixed Income Management, where she directed a team of traders, portfolio managers and credit analysts, overseeing more than $7 billion of assets under management. Ms. LaRosa has more than 20 years of tenure with Glenmede.

Ms. Mucciarone, who joined Glenmede in 2010 as Director of Wealth Advisory, assumes leadership for the investment and advisory professionals delivering private client wealth management services across the firm's footprint. This appointment is consistent with the company's commitment to providing clients with a holistic investment and wealth advisory experience. Previously, Ms. Mucciarone served as the Executive Vice President and Senior Managing Director of Wells Fargo Family Wealth (formerly Calibre, a division of Wachovia). During her 15 years with Wells Fargo, she held several key positions including Managing Director of Wealth Management for the Mergers and Acquisitions Group, and Managing Director and President of the Alternative Investment Group.

About Glenmede
Founded in 1956 by the Pew family to manage their charitable assets, The Glenmede Trust Company, N.A., ("Glenmede") is among the nation's leading investment and wealth management firms. The company oversees $30 billion of assets under management for high-net-worth individuals, families, family offices, endowment, foundation and institutional clients. Headquartered in Philadelphia, the firm has offices in Ohio, Delaware, New Jersey, New York and Washington DC. For further information, please visit www.glenmede.com.