NEW YORK, March 15, 2021 (GLOBE NEWSWIRE) -- Global X, the New York-based provider of exchange-traded funds, today announced the appointment of Tom Driscoll as SVP, Director of ETF Model Portfolio Sales to support the expansion of Global X’s ETF model portfolio business. The appointment of Mr. Driscoll coincides with the continued growth of Global X’s suite of ETF model portfolios, which are now available across 11 platforms globally.
Mr. Driscoll most recently served as Vice President and Co-Head of Strategist Model Portfolios at Goldman Sachs Asset Management where he was responsible for proprietary and open architecture multi-asset class model portfolios utilizing ETFs and mutual funds for fund implementation. Previously, Mr. Driscoll worked as Vice President and Chief Commercial Officer at S&P Investment Advisory Services where he led business development, investment consultant services, relationship management and national accounts and was a member of the management team until the firm’s acquisition by Goldman Sachs in July 2019.
Commenting on today’s announcement, Jon Maier, Chief Investment Officer at Global X, said: “Tom brings to Global X decades of experience in wealth management and investment advisory, and targeted knowledge of the ETF model portfolio landscape. We’re extremely proud of the trajectory of our model portfolio business, and Tom’s expertise will be critical to our growth strategy.”
“I’m excited to be joining Global X as SVP, Director of ETF Model Portfolio Sales, particularly at such an exciting time for Global X’s model portfolio business,” said Driscoll. “Global X is extremely well-positioned to help investors achieve their goals through carefully constructed portfolios, designed for a rapidly changing market landscape.”
The addition of Mr. Driscoll represents Global X’s strong commitment to building the ETF model portfolio business both in the U.S. and globally.
The firm offers several model portfolios that incorporate Global X and third-party ETFs into their allocations, including: Equity Thematic Disruptors; Equity Income; the Core Series, which incorporate thematic and factor-based strategies alongside broad equity and fixed income ETFs; and the Sustainable Core Series, which provide low cost exposure to sustainable investments by combining broad-based ETFs that are tilted towards sustainability along with a dedicated sleeve of sustainable themes.
“Model portfolios are adept at both addressing investor needs and creating space for advisors to scale their businesses strategically,” said Maier. “The increasing accessibility of ETF model portfolios allows advisors to offer efficient solutions fitted to their clients’ needs.”
Global X model portfolios are currently available through a range of platforms, including: the TD Ameritrade Institutional Model Market Center™, GeoWealth, Envestnet, Interactive Advisors and Interactive Brokers.
ABOUT GLOBAL X ETFs
Global X ETFs was founded in 2008. For more than a decade, our mission has been empowering investors with unexplored and intelligent solutions. Our product lineup features more than 70 ETF strategies and $27 billion in assets under management. While we are distinguished for our Thematic Growth, Income and International Access ETFs, we also offer Core, Commodity, and Alpha funds to suit a wide range of investment objectives. Explore our ETFs, research and insights, and more at www.globalxetfs.com.
Global X is a member of Mirae Asset Financial Group, a global leader in financial services, with more than $450 billion in assets under management worldwide. Mirae Asset has an extensive global ETF platform ranging across the US, Australia, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea, and Vietnam with over $70bn in assets under management.
MEDIA CONTACT
Frank Taylor / Stephanie Dressler
Dukas Linden Public Relations
frank@dlpr.com / stephanie@dlpr.com
(646) 808-3647 / (949) 269-2535
DISCLOSURE
Global X Management Company LLC is an investment adviser registered with the U.S. Securities and Exchange Commission.
This information should not be relied upon for trading purposes or as investment advice, research, or a recommendation by Global X Management LLC (Global X) regarding (i) any fund, (ii) the use or suitability of the model portfolios or (iii) any security in particular. Investments cannot be made directly into a model portfolio. Rather, model portfolios provide target allocations for consideration by financial advisors. Financial advisors are responsible for making their own independent judgment as to how to use this information. Target allocations contained herein are subject to change. There is no assurance that the target allocations can or will be achieved, and actual allocations and risk or return profiles of actual portfolio holdings may be significantly different from those shown here.
Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal. Diversification may not prevent investment loss.
Investments based on the model portfolios will be subject to the risks of the ETFs that comprise the model portfolio.
Investors should carefully consider the investment objectives, risk factors, charges, and expenses of each fund that comprises the model portfolio before investing. For information regarding the funds that comprise the model portfolios, please refer to each funds’ currently available prospectus and statement of additional information. Read the prospectus carefully before investing.
The information presented is not definitive investment advice, should not be relied on as such, and should not be viewed as a recommendation by Global X generally or for any purpose outside of Global X’s model portfolios as of the date indicated. It is presented solely to illustrate Global X’s investment process in developing the model portfolios and its analysis and views of the funds that comprise the model portfolios as of the date indicated.
Global X’s views of, recommendations with respect to, and investment decisions regarding securities may vary across Global X’s strategies. Such recommendations are subject to change continually and without notice of any kind and may no longer be true after the date indicated. This document may contain certain statements deemed to be forward-looking statements. All statements, other than historical facts, contained within this document that address activities, events or developments that Global X expects, believes or anticipates will or may occur in the future are forward-looking statements.
These statements are based on certain assumptions and analyses made by Global X in light of its experience and perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances, many of which are detailed herein. The opinions expressed in these statements represent the current, good faith views of the author(s) at the time of publication and are provided for limited purposes, are not definitive investment advice, and should not be relied on as such. Such statements are subject to a number of assumptions, risks, uncertainties, many of which are beyond Global X’s control. Please note that any such statements are not guarantees of any future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. The information presented in this document has been developed internally and/or obtained from sources believed to be reliable; however, Global X does not guarantee the accuracy, adequacy or completeness of such information. Predictions, opinions, and other information contained in this presentation are subject to change continually and without notice of any kind and may no longer be true after the date indicated. Any forward-looking statements speak only as of the date they are made, and Global X assumes no duty to and does not undertake to update forward-looking statements. Forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Actual results could differ materially from those anticipated.
TD Ameritrade is separate from and not affiliated with Global X and is not responsible for, nor any endorsement of services, opinions, products or policies should be inferred. Model Market Center™ is an offering of TD Ameritrade, Inc. Registered Investment Advisor (RIA). TD Ameritrade, Inc., member FINRA/SIPC, a subsidiary of The Charles Schwab Corporation. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. Used with permission.