Mr. Porcelli is Chairman of BlackRock's US Wealth Advisory business and the Head of its Digital Wealth Solutions group, a new team focused on delivering the firm's innovative technology capabilities to financial intermediaries and advisory professionals. He is a member of BlackRock's Global Operating Committee and Global Steering Committee for retail technology where he oversees digital business development and the field-based distribution teams focused on driving technology adoption.
During his long tenure as Head of US Wealth Advisory, Mr. Porcelli served as the architect for BlackRock's retail business strategy growing the unit's AUM to nearly a trillion dollars in broadly diversified assets, across channels and product types. His service with the firm dates back to 2005, including his time with Merrill Lynch Investment Managers which merged with BlackRock the following year.
Previously, Mr. Porcelli was Managing Director of Institutional Sales and Consultant Relations at Putnam Investments, Director of Corporate Asset Management services with Goldman Sachs, and held various senior leadership roles with Smith Barney. He earned a BA degree from Pace University.