BRYN MAWR, PA — Spouting Rock Asset Management, LLC, a prominent name in the asset management industry, has recently appointed Andrew Provencher, CFA, as Chief Client Officer. With over three decades of industry experience, Provencher is set to play a pivotal role in enhancing the firm’s client relationships and expanding its distribution networks.
Before joining Spouting Rock, Provencher held significant positions at BNY Mellon Investment Management as Head of North American Distribution and at American Century Investments as Head of Platform Sales. His professional journey commenced at Neuberger Berman, where he spent nearly 17 years, ultimately rising to the position of Managing Director, Head of Intermediary Distribution.
In his new role at Spouting Rock, Provencher will lead initiatives to deepen and broaden relationships across the asset management ecosystem, including with institutional investors, intermediaries, financial advisors, and retail investors.
“Being part of Spouting Rock at this juncture offers an excellent opportunity to leverage my experience within a firm that’s on a clear upward trajectory,” Provencher said. “The firm’s dedication to providing diverse investment solutions while navigating the complexities of today’s financial landscape aligns well with my background. I am excited to join the team and contribute to the firm’s ongoing initiative to build an asset management business focused on helping clients achieve their goals.”
Andrew Smith, Chairman of Spouting Rock, also shared his views on this strategic appointment. “We are fortunate to have Andy join our team, bringing with him a wealth of experience that we believe is vital for our next phase of growth. His understanding of the industry and his experience in building meaningful client relationships make him an asset to Spouting Rock.”
Spouting Rock continues to strategically expand its offerings, adding depth to its platform of investment management solutions and private market opportunities. Over the past three years, Spouting Rock has added several leading managers to its platform, including Penn Capital Management Company, LLC., Glovista Investments, Stewart Asset Management, Alquity Investment Management, SR Alternative Credit (formerly Old Hill Partners), and Altan Asset Management.
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