Masttro Appoints Jay McNamara as Chief Executive Officer
Masttro, a wealth tech provider, has appointed Jay McNamara as Chief Executive Officer, effective immediately. McNamara brings over 25 years of financial services experience, previously serving on MSCI Inc.'s Executive Committee and as President of Burgiss, where he expanded the client base to over 1,000 across 40 countries before its MSCI acquisition in 2023.
The appointment comes as the industry prepares for an $84 trillion wealth transfer to younger generations over the next two decades. Former CEO Padman Perumal will transition to a board advisor role. In 2024, Masttro achieved significant global revenue growth, adding over 75 high-profile clients, including leading financial institutions.
McNamara's appointment aligns with Masttro's strategy to strengthen its position in serving ultra-high-net-worth and high-net-worth clients through partnerships with family offices, RIAs, asset management companies, banks, and professional services firms.
Masttro, un fornitore di tecnologie per la gestione del patrimonio, ha nominato Jay McNamara come Amministratore Delegato, con effetto immediato. McNamara porta con sé oltre 25 anni di esperienza nei servizi finanziari, avendo precedentemente ricoperto ruoli nel Comitato Esecutivo di MSCI Inc. e come Presidente di Burgiss, dove ha ampliato la base clienti a oltre 1.000 in 40 paesi prima dell'acquisizione da parte di MSCI nel 2023.
La nomina arriva mentre l'industria si prepara a un trasferimento di ricchezze di 84 trilioni di dollari verso le generazioni più giovani nei prossimi due decenni. L'ex CEO Padman Perumal passerà a un ruolo di consigliere del consiglio. Nel 2024, Masttro ha ottenuto una significativa crescita delle entrate globali, aggiungendo oltre 75 clienti di alto profilo, inclusi importanti istituti finanziari.
La nomina di McNamara è allineata con la strategia di Masttro di rafforzare la propria posizione nel servizio a clienti ultra-ricchi e ricchi attraverso partnership con family office, RIA, società di gestione patrimoniale, banche e imprese di servizi professionali.
Masttro, un proveedor de tecnología para la gestión de patrimonio, ha nombrado a Jay McNamara como Director Ejecutivo, con efecto inmediato. McNamara aporta más de 25 años de experiencia en servicios financieros, habiendo ocupado anteriormente cargos en el Comité Ejecutivo de MSCI Inc. y como Presidente de Burgiss, donde amplió la base de clientes a más de 1,000 en 40 países antes de su adquisición por MSCI en 2023.
El nombramiento se produce mientras la industria se prepara para una transferencia de riqueza de 84 billones de dólares a las generaciones más jóvenes en las próximas dos décadas. El ex CEO Padman Perumal pasará a un papel de asesor del consejo. En 2024, Masttro logró un crecimiento significativo en los ingresos globales, añadiendo más de 75 clientes de alto perfil, incluyendo instituciones financieras líderes.
El nombramiento de McNamara se alinea con la estrategia de Masttro de fortalecer su posición en el servicio a clientes ultra-ricos y ricos a través de asociaciones con oficinas familiares, RIA, empresas de gestión de activos, bancos y firmas de servicios profesionales.
마스트로, 자산 관리 기술 제공업체,는 제이 맥나마라를 CEO로 즉시 임명했습니다. 맥나마라는 25년 이상의 금융 서비스 경험을 보유하고 있으며, 이전에 MSCI Inc.의 집행 위원회에서 일했고, Burgiss의 사장으로서 2023년 MSCI 인수 이전에 40개국에서 1,000명 이상의 고객 기반을 확장했습니다.
이번 임명은 업계가 향후 20년 동안 젊은 세대로의 84조 달러에 달하는 자산 이전을 준비하는 가운데 이루어졌습니다. 이전 CEO인 파드만 페루말은 이사회 자문 역할로 전환할 예정입니다. 2024년에 마스트로는 75명 이상의 고위 고객을 추가하면서 글로벌 수익의 상당한 성장을 달성했습니다.
맥나마라의 임명은 가족 사무소, RIA, 자산 관리 회사, 은행 및 전문 서비스 회사와의 파트너십을 통해 초고액 자산 고객 및 고액 자산 고객에게 서비스를 강화하려는 마스트로의 전략에 부합합니다.
Masttro, un fournisseur de technologie pour la gestion de la richesse, a nommé Jay McNamara au poste de Directeur Général, avec effet immédiat. McNamara apporte plus de 25 ans d'expérience dans les services financiers, ayant précédemment siégé au Comité Exécutif de MSCI Inc. et été Président de Burgiss, où il a élargi la base de clients à plus de 1 000 dans 40 pays avant son acquisition par MSCI en 2023.
Cette nomination intervient alors que l'industrie se prépare à un transfert de richesses de 84 trillions de dollars vers les générations plus jeunes au cours des deux prochaines décennies. L'ancien PDG Padman Perumal passera à un rôle de conseiller au conseil. En 2024, Masttro a connu une croissance significative de ses revenus mondiaux, ajoutant plus de 75 clients de haut profil, y compris des institutions financières leaders.
La nomination de McNamara s'aligne avec la stratégie de Masttro visant à renforcer sa position dans le service aux clients ultra-fortunés et fortunés grâce à des partenariats avec des family offices, des RIA, des sociétés de gestion d'actifs, des banques et des cabinets de services professionnels.
Masttro, ein Anbieter von Wealth-Tech, hat Jay McNamara zum Chief Executive Officer ernannt, mit sofortiger Wirkung. McNamara bringt über 25 Jahre Erfahrung im Finanzdienstleistungssektor mit, zuvor war er im Exekutivausschuss von MSCI Inc. und Präsident von Burgiss, wo er die Kundenbasis auf über 1.000 in 40 Ländern erweiterte, bevor es 2023 von MSCI übernommen wurde.
Die Ernennung erfolgt, während die Branche sich auf einen Vermögenstransfer von 84 Billionen Dollar an jüngere Generationen in den nächsten zwei Jahrzehnten vorbereitet. Der ehemalige CEO Padman Perumal wird in eine Rolle als Berater des Vorstands wechseln. Im Jahr 2024 verzeichnete Masttro ein signifikantes globales Umsatzwachstum und gewann über 75 hochkarätige Kunden, darunter führende Finanzinstitute.
McNamaras Ernennung steht im Einklang mit der Strategie von Masttro, seine Position im Dienst von Ultra-High-Net-Worth- und High-Net-Worth-Kunden durch Partnerschaften mit Family Offices, RIAs, Vermögensverwaltungsunternehmen, Banken und professionellen Dienstleistungsunternehmen zu stärken.
- Appointment of experienced executive with 25+ years in financial services
- Significant global revenue growth in 2024
- Addition of 75+ high-profile clients
- Strategic positioning for $84 trillion wealth transfer opportunity
- None.
Seasoned leader to accelerate wealth tech pioneer’s strong growth and momentum
With over 25 years of experience in financial services, McNamara is a proven leader with a track record of driving strategic growth, operational excellence, and innovation. Before joining Masttro, McNamara was a member the Executive Committee at MSCI Inc., (NYSE: MSCI) where he led business, product, and commercial strategies for its Private Capital Solutions product line. His extensive leadership experience also includes roles as Head of Real Estate, Head of Americas Client Coverage, and Global Head of Asset Owners and Investment Consultant coverage.
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As President of Burgiss between 2020 and 2023, McNamara drove the company’s expansion to over 1,000 clients across 40 countries, culminating in its acquisition by MSCI in 2023. His experience in scaling global businesses and delivering client-focused innovation positions Masttro to build on its success and accelerate its mission to redefine wealth management.
This leadership transition is a key part of Masttro’s strategy to solidify its position as the industry leader in serving the estates of ultra-high-net-worth (UHNW) and high-net-worth (HNW) clients. Masttro’s significant growth has been driven by partnering with single- and multi-family offices, RIAs, asset management companies, banks, trusts, and professional services firms to deliver unprecedented value to wealth owners. With a strong product foundation and ongoing advancements in AI and data solutions, the company is poised to set a new standard for wealth management technology.
“This marks an exciting new chapter for Masttro as we seek to further revolutionize digital wealth management,” said Javier Gutierrez, Co-Founder and Executive Chairman of Masttro. “Jay’s strategic vision and deep industry expertise will be instrumental to driving our continued growth and innovation, and we extend our gratitude to Padman for his significant contributions as CEO over the last several years.”
In 2024, the company achieved significant global revenue growth, expanding its client portfolio with over 75 high-profile additions, including several of the world’s leading financial institutions.
About Masttro
Masttro is the leading wealth tech platform designed to simplify the complexities of managing ultra-high-net-worth and high-net-worth estates. Offering a single source of accurate, comprehensive data, Masttro empowers wealth owners and their trusted advisors with real-time control, transparency, and insights. The platform utilizes AI to seamlessly aggregate wealth data across all asset classes—including alternative investments, collectibles, and real estate—and is backed by robust cybersecurity infrastructure. With more than 600 proprietary data feeds from leading custodians worldwide, Masttro sets the benchmark for innovation in wealth management technology.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250106423930/en/
Media:
Ben Godley, BGodley@Masttro.com
Source: Masttro
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