The Chicago-headquartered firm, which operates in 46 states with over $240 billion in assets under advisement at the end of 2022, makes an important C-suite appointment.

Fiducient Advisors has appointed former senior London Stock Exchange Group figure Sabrina Bailey as its next CEO. 

Bailey most recently served as LSEG’s global head of investment and wealth solutions. She will be succeeding Bob DiMeo, the firm’s founder, who will become chairman and remain actively engaged in the business. Bailey will join Fiducient Advisors on July 31, the business said in a statement.

Sabrina Bailey

Prior to LSEG, Bailey worked at Northern Trust, first as global head of retirement solutions, then as head of digital investment advice. She subsequently assumed the CEO role for Northern Trust Asset Management’s fintech business, Emotomy. Before her time at Northern Trust, Bailey served as US investments defined contribution leader for Mercer and as Seattle office leader for Towers Watson.

Headquartered in Chicago, with six additional locations and clients in 46 states, Fiducient Advisors is an investment consultant that advises retirement plan sponsors, endowments and foundations, individuals and families, and financial institutions.

DiMeo, who co-founded Fiducient Advisors (then known as DiMeo Schneider & Associates) in 1995, introduced the Fiducient Advisors brand in 2021. The firm has more than $240 billion in assets under advisement as of December 31, 2022.