Placemark Investments Inc. promoted Brett Rainey, to vice president of investment operations. Mr. Rainey, 35, who joined Placemark's Dallas office last year, coordinates day-to-day business operations, including new accounts, reconciliations, account services, trading, and performance and pricing.
Mr. Rainey previously worked at MFS Investment Management.
Placemark outsources unified managed account platforms. It doubled its assets under management from April to the end of November, to $4 billion, as more companies began to launch such platforms. Placemark manages more than $5.5 billion of assets as the active overlay manager for unified managed accounts and multidiscipline separately managed account programs.
