The firm has been building out its US business network. The model of the outsourced CIO is one that has grown in recent years, tapping into demands from a variety of institutions, such as family offices, that lack scale to perform CIO functions in-house.

Hirtle Callaghan, the outsourced investment office with more than $17 billion under management, has expanded its US footprint by opening offices in Scottsdale, Arizona and Minneapolis, Minnesota. The firm already has a presence in Arizona and is growing its efforts in Minneapolis. The new offices build on its western hub in Denver - opened in 2018 - and centers in Houston and Newport Beach opened in 2019.

In Scottsdale, Hirtle Callaghan welcomes Denise McClain as a director, and Rick Rentschler and Ben Park as vice presidents. In Minneapolis, the firm is joined by directors John Fabie and Kyle Jorgensen, as well as vice president Dan Miller and associate Conrad Adam.

The organization, which is based in Philadelphia, also has offices in Chicago, Cleveland and Pittsburgh, besides those already mentioned.

To see an interview by Family Wealth Report with this firm, click here.