Former FolioDynamix, Refinitiv executive to lead core risk function at industry leading risk-centric wealth management platform
AUBURN, Calif.–(BUSINESS WIRE)–#FearlessInvesting—Riskalyze, the industry-leading risk-centric wealth management platform serving tens of thousands of financial advisors, today announced the appointment of Dr. Shari Hensrud as Vice President of Risk and Analytics. Dr. Hensrud will helm the firm’s risk methodology; its coverage of securities, products and solutions; its analytics like the Risk Number and Riskalyze GPA ®; and its development of advanced risk functionality across the platform. This latest hire represents Riskalyze’s deep commitment to creating world-class technology for financial professionals.
Prior to joining Riskalyze, Dr. Hensrud served as Head of Product Management for Wealth at Refinitiv, where she was responsible for driving product innovation and development for its platform, which served 180,000 users across 2,000 firms. Before that, she served as President and Chief Investment Officer at FolioDynamix, managing $7.5 billion in assets under management (AUM) and $19 billion in assets under advisement (AUA) as a part of the Folio platform prior to its acquisition by Envestnet.
“The culture, technology, and tireless commitment to innovative client service which Riskalyze has become well known for over the last 10 years have positioned the company to redefine and disrupt risk management and portfolio analytics in the next decade,” Dr. Hensrud said. “I am looking forward to working with the Riskalyze team by leveraging data and analytics to drive not only our success and growth but, more importantly, to help our investors to continue on their journey to fearless investing.”
Dr. Hensrud has an impressive academic background with a bachelor’s degree in Mathematics and Secondary Education, a Master’s in Mathematics and Statistics, a Master’s of Business Administration, and a Ph.D. in Corporate Finance, Investments, Banking and Econometrics.
“I am so thrilled to welcome Shari to Team Riskalyze, and excited to see her bring her talents, skills and abilities to the mission of empowering the world to invest fearlessly,” said Aaron Klein, Chief Executive Officer at Riskalyze. “Her sterling reputation in our profession and renowned work ethic on behalf of advisors will accelerate our incredible lead in risk methodology, coverage and analytics, and our growing leadership in investment research.”
Dr. Hensrud joins the team at Riskalyze following a successful 2021, which included the in-person Fearless Investing Summit and the launch of Discovery – an investment research quantitative engine. Riskalyze also recently appointed Laurie Schultz as its new board chair and new board member Tricia Rothschild, previously with a long tenure at Morningstar — both of whom will bring vast experience spearheading transformational technology and business initiatives.
Riskalyze is the company that invented the Risk Number®, which powers the world’s first Risk Alignment Platform and was built on top of a Nobel Prize-winning academic framework. Advisors, broker-dealers, RIAs, and asset managers use the Riskalyze platform to create alignment between clients and portfolios, leverage sophisticated analytics to increase the quality of their advice, automate trading and client account management, and access world-class models and research in the Riskalyze Partner Store — all with the mission of empowering the world to invest fearlessly. To learn more, visit www.riskalyze.com.