Print this article

Wealth, Investment Strategies Head Retires From Bernstein

Tom Burroughes

9 January 2020

One of the top figures at Bernstein Private Wealth Management, Kathleen Fisher, is retiring as head of wealth and investment strategies at the end of March, ending a career at the firm which dates back to 2001.

Fisher will transfer her responsibilities to Aaron Bates, senior managing director; Alex Chaloff, head of alternative asset strategies; and Beata Kirr, head of core asset strategies. Bates will become head of wealth strategies and Chaloff and Kirr will become co-heads of investment strategies, the firm said in a statement yesterday.

Starting out as a private client senior portfolio manager, Fisher led wealth strategies in 2013 and was elected partner, and head of wealth and investment strategies, in 2017. 

In Bates’ case, he has managed Bernstein’s Boston office since 2014 and has led Bernstein’s European practice since 2010. 

Chaloff has been playing a leadership role in asset allocation and investment strategy with many of the firm’s largest clients since 2005. He led the development of a quantitative tool to provide advice on asset allocation, including alternative investments, and authored a white paper on the subject. He has also managed the product development of new investment strategies for the last several years, working from the Los Angeles office.

Since 2007, Kirr has led investment implementation for Bernstein’s largest Midwestern clients from the Chicago office. Since 2017, she has also overseen Bernstein’s core asset allocation advice.