Outsourced Chief Investment Officer (OCIO)

A tailored solution for delegating your day-to-day investment decisions

We take on the complexity of your long-term funding needs on your behalf, partnering with you to help you deliver on your long-term objectives.

Access to the best investment ideas

Delegating the day-to-day investment decisions of your fund gives your team access to our extensive investment and industry expertise. You benefit from our deep experience in implementing relatively complex asset allocation and risk management strategies, that need close market monitoring and the timely implementation of decisions.

With our flexible approach, you have control over which responsibilities you want to delegate.

A partnership tailored to your needs

We take time and care to understand your needs and goals, so that we can take investment decisions and implement these within a framework of managing assets explicitly versus liabilities or other key risk metrics.

Your team can outsource tactical decisions to us – such as how much exposure to foreign equities to have at a particular time – while keeping control of the most important strategic decisions, such as how much risk to take overall.

OCIO services

For DB plans

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For DB plans

We make the difficult decisions to help your pension scheme generate the returns it needs, alongside thorough risk management for each stage of your journey.

For DC plans

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For DC plans

Specialist management to help you generate strong investment performance, mindful of the impact of volatility on your members' outcomes.

For insurance pools

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For insurance pools

A partnership tailored to your needs, focused on helping you innovatively manage your liabilities, regardless of your size.

Specialists in helping you reach your objectives

As experienced fiduciary managers committed to investment excellence, we make the difficult decisions on your behalf, with the aim of:

  • Delivering superior risk management, giving you greater flexibility and control
  • Providing innovative strategy construction, giving you a straightforward way to manage your pool of capital
  • Helping you reach you funding goals, thanks to our breadth of expertise

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.

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).

Ryan McGlothlin

Managing Director

Ryan McGlothlin

Managing Director

Ryan McGlothlin is a Managing Director in River and Mercantile’s Boston office. He is the portfolio manager for the firm’s Active Structured Equity strategies and is on the Macro investment team. He works with all types of institutional investors on customized investment and risk management strategies. Ryan joined River and Mercantile in 2007 to found its US business. He holds an M.B.A. from the University of Chicago Booth School of Business and a B.A. (Honors) from the University of Texas at Austin

Justyna Mietelska

Director and Investment Consultant

Justyna Mietelska

Director and Investment Consultant

Justyna is a Director and Investment Consultant with River and Mercantile’s Boston office. Justyna has 10 years of institutional financial services experience working with both pure consulting as well as full fiduciary management clients. She is responsible for the implementation, design and governance of several defined benefit and defined contribution retirement plans. In addition, she is responsible for the development of the investment governance framework of the River and Mercantile’s Investment Team. She is a member of the US Investment Committee and several research teams. Prior to joining River and Mercantile she worked for Citizens Bank, where she served in a client relations and sales capacity. Justyna holds the Chartered Financial Analyst® designation and is a member of the CFA Society Boston. She has a B.A. in Economics and M.S. in Finance from Clark University.

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