Leading Investment Consulting and OCIO Firm Celebrates
Milestone Year in Serving the Institutional Investor Community
BOSTON–(BUSINESS WIRE)–Meketa Investment Group (Meketa) today announced the firm is celebrating 45 years as an investment consulting firm.
Since its founding in Boston in 1978, Meketa has continually evolved to meet the ever-changing needs of the marketplace and its institutional investor clients. In most respects, from the size of its client roster, to the number of employees and employee shareholders, number of offices, and assets under advisement, Meketa has seen continuous and meaningful growth. Among the notable milestones was the firm’s 2019 merger with Pension Consulting Alliance (PCA), which combined two of the industry’s most experienced and highly-regarded investment consulting firms.
Today, Meketa has seven offices in the US and the UK and 240+ employees, including more than 160 investment professionals, serving 240+ clients. The firm’s client assets under advisement represent approximately $1.6 trillion as of September 30, 2022. The firm has continued to expand its employee ownership team, with 72 staff members now Meketa shareholders. As it has since its founding, Meketa remains 100 percent employee owned.
“We are enormously proud of what Meketa has achieved over the past 45 years,” said Stephen McCourt, Co-CEO, Meketa Investment Group. “Our success owes to the dedication of our employees, the quality of their work, and of course, to our clients, for their trust in Meketa and allowing us to serve as a partner and valued advisor in helping them realize their investment objectives. We are deeply grateful to all who have helped make Meketa the leading investment consultant it is today.”
Meketa’s mission is to help solve critical and long-term financial challenges, such as funding retirement, education, and health care, by helping its clients achieve their investment objectives. The firm holds itself to the highest standards in providing investment advice and services, serving as a responsible steward of clients’ capital, and adhering to excellence in client service. For its employees, Meketa seeks to provide a supportive work culture that nurtures career growth, embraces innovation, supports entrepreneurial initiatives, and encourages teamwork. The firm also embraces diversity across its workforce, through recruiting, career development, and retention. In each office location, Meketa exerts a positive influence in the community through employee volunteerism, charitable giving, and fundraising activities.
“From the beginning, Meketa has remained steadfastly focused on helping clients achieve their investment goals with integrity, excellence and personal attention,” said Peter Woolley, Co-CEO, Meketa Investment Group. “Using our past to build our future, we bring to each client engagement all that we’ve learned over 45 years of navigating complex, changing market conditions. As we look to the future, we are confident that by remaining focused on our clients’ priorities, and providing exemplary service, Meketa will remain among the leading providers of investment consulting and OCIO services.”
“In founding Meketa 45 years ago, we sought to fill a clear market need for a consulting firm dedicated to providing a broad range of customized, strategic investment advisory services to institutional clients,” said Jim Meketa, Managing Principal and Chairman, Meketa Investment Group. “Our considerable growth since then, in breadth and depth, is due in no small part to our dedicated staff and to remaining true to our client-first business model. I am immensely proud of our accomplishments and extend a sincere thank you to all those who helped us realize that success.”
Founded in 1978, Meketa is an employee-owned, full-service investment consulting and fiduciary management (OCIO) firm. As an independent fiduciary, the firm serves institutional investors in non-discretionary and discretionary capacities. Meketa’s collective client assets under advisement represent approximately $1.6 trillion as of September 30, 2022. For more information, please visit www.meketa.com.