Investment
consulting

Helping you prioritize the
prominent investment challenges

We partner with you to guide your plan's fiduciaries in evolving your strategy, so that your funding and investment needs are addressed appropriately.

Tailored advice_R&M_ICON

Tailored advice for your benefit

From asset allocation and fund manager selection to risk management and ongoing governance support – we understand that your world is complex.

We tailor our advice to your needs, to help your fiduciaries better govern your pension, ensuring improved results for your participants.

Putting your scheme at the core_R&M_ICON

Putting your plan at the core

We believe that the best tools and solutions should be accessible to all plans we work with.  You will have full access to our extensive investment and consulting expertise, which inform our advice on implementation through the managers that we regard as appropriate to the circumstances.

We partner with you to reach your goals

As experienced consultants committed to investment excellence, we provide proactive and relevant advice aimed at helping you:

  • Set clear and measurable objectives
  • Form a forward-looking plan for targeting the right level of return
  • Ensure diversity across asset classes, regions and managers as appropriate
  • Adapt to the prevailing market conditions
  • Managing risk and taking opportunities when appropriate
  • Selecting where there is a benefit from active management

We provide investment and transaction advice to DB and DC pensions in the US, as well as pensions and insurance firms in the UK. We work alongside you to:

  • Understand your objectives and needs.
  • Help you understand the risks you face and how these risks evolve over time  
  • Provide proactive and relevant advice on investment strategy, asset allocation and manager selection  
  • Evaluate and select appropriate managers to support your desired investment outcome, with full consideration for your environmental, social and governance requirements 
  • Select platform providers, administrators and communication specialists where required for DC pensions  
  • Provide ongoing education and training on all apsects of investment strategy and governance  
  • Monitor your strategy performance on an ongoing basis against the metrics that matter to you

Speak to our team

Tom Cassara

US Consulting Leader

Tom Cassara

US Consulting Leader

Tom Cassara is a Managing Director in River and Mercantile’s New York office and Head of the US business. In his role he consults with institutional clients across the investment and actuarial spectrum. This includes defined benefit, defined contribution, not for profit and retiree medical. Tom works with clients to bring his 30 years of experience across a wide range of institutional organizations to provide custom solutions. Prior to joining River and Mercantile, Tom was a Senior Partner with Mercer leading their US East Wealth business in addition to providing strategic investment and actuarial advice to clients. He has consulted to organizations with less than $100M in assets to greater than $5B in assets. Included in his experience is working with corporate, not for profit, church, healthcare and endowments and foundations. He is a Fellow of the Society of Actuaries, an Enrolled Actuary, a CFA charterholder and has a Series 3 license. Tom has a Bachelor of Science degree from Wake Forest University.

Michael Clark

Managing Director & Consulting Actuary

Michael Clark

Managing Director & Consulting Actuary

Michael Clark is a Managing Director and Consulting Actuary in River and Mercantile's Denver office. In his role he consults on all aspects of financial risk management for defined benefit plans as well as retiree medical plans and defined contribution plans. He also has led numerous clients through pension risk transfers as well as other complex, strategic pension projects. Michael leads River and Mercantile’s business in the West as well as Business Development for the US. Prior to joining River and Mercantile in 2013, Michael worked for Mercer as well as October Three. He currently serves as Immediate Past President for the Conference of Consulting Actuaries as well as providing leadership to several committees. He also participates in the leadership of the Western Pension & Benefits Council – Denver Chapter. Michael is a frequent speaker at industry and professional association conferences on the topics of pension risk management and pension plan administration and has had several articles published in major trade magazines. He is a Fellow of the Society of Actuaries, an Enrolled Actuary, a Fellow of the Conference of Consulting Actuaries, and a Member of the American Academy of Actuaries. Michael graduated magna cum laude from Brigham Young University with a BS in Statistics.

Philip Gorgone

Managing Director & Senior Investment Consultant

Philip Gorgone

Managing Director & Senior Investment Consultant

Philip Gorgone is a Managing Director & Senior Investment Consultant in River and Mercantile’s Boston office. Phil is responsible for managing the US Investment Team, which includes design, management, implementation, and governance of client portfolios. He also chairs the U.S. Investment Committee and is a voting member of the Fiduciary Management and Insurance Investment Committees. Prior to joining River and Mercantile in 2006, Phil spent 7 years with John Hancock as a member of the Global Investment Strategy Team, which was responsible for the portfolio management, manager selection and oversight for Hancock’s General Account, 401K, and Pension portfolios. Prior to Hancock, Phil worked as a Portfolio Manager/Director of Research with Durkee Capital Advisors and as a Research Analyst with Magna Venture Partners. He holds the Chartered Financial Analyst designation, is a Commodity Trading Advisor, and holds a Series 3 license. Phil has a B.B.A. (Honors) in Finance from the University of Massachusetts in Amherst and has an M.S. in Finance from Suffolk University (1st in his class).

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