Wilshire Appoints Jason Schwarz as CEO, Ushering in a New Era
Investor - People | Apr 29, 2025 | Wilshire Associates Inc
Wilshire Advisors LLC has announced the appointment of Jason Schwarz as its new Chief Executive Officer. With immediate effect, Schwarz succeeds Andy Stewart, who transitions to the role of Executive Chairman to focus on strategic guidance, particularly in long-term vision, mergers, acquisitions, and growth initiatives. Wilshire, a distinguished global financial services firm, is noted for its innovative investment strategies aimed at assisting clients in managing risks and seizing new opportunities. Schwarz, with over 25 years in the financial services industry, has played a pivotal role in Wilshire's growth as President and Deputy CEO. His experience includes grand-scale acquisitions and the development of investment solutions, key to the firm's client-oriented services. Additional management shifts include the appointments of Hanna Valva and Jason Hubschman as Co-Chief Operating Officers, signaling Wilshire's commitment to its strategic priorities and client empowerment. Wilshire continues to stand as an influential entity in the financial domain, advising on over $1.5 trillion in assets globally.
Sectors
- Financial Services
- Investment Management
Geography
- United States – Wilshire Headquarters is located in the United States, with its strategic decisions and leadership changes rooted in this geographical context.
Industry
- Financial Services – The article focuses on Wilshire Advisors LLC, a firm providing financial services such as investment strategies and consulting to institutional investors.
- Investment Management – Wilshire's emphasis on alternatives and investment consulting aligns with the Investment Management industry, highlighting their advisory roles and asset management capabilities.
Financials
- $1.5 trillion – Assets advised on by Wilshire.
- $123 billion – Assets managed by Wilshire as of December 31, 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Wilshire Advisors LLC | Company | Target | A leading global financial services firm providing investment consulting and management services. |
| Jason Schwarz | Person | New CEO | Incoming CEO of Wilshire Advisors LLC, previously President and Deputy CEO at the firm. |
| Andy Stewart | Person | Executive Chairman | Former CEO of Wilshire, transitioning to the role of Executive Chairman focusing on strategic guidance. |
| Hanna Valva | Person | Co-Chief Operating Officer/Chief Technology Officer | Newly appointed Co-COO and CTO, focusing on technology integration at Wilshire. |
| Jason Hubschman | Person | Co-Chief Operating Officer | Newly appointed Co-COO co-leading the alternative managed account business at Wilshire. |
| Scott Condron | Person | Senior Advisor | Former COO transitioning to a Senior Advisor role. |
| XTP | Company | Acquired | A company whose capabilities were acquired and integrated into Wilshire. |
| Lyxor Asset Management US | Company | Acquired | Asset management firm whose capabilities were acquired by Wilshire. |