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Leadership

  • Jay Shah

    Jay Shah

    Chief Executive Officer

    Jay Shah, as founding executive member and current CEO of Personal Capital, shaped the pioneering digital wealth management company into what it is today. With more than 20 years of experience scaling businesses with technology and data, he has grown Personal Capital from a Silicon Valley startup to a tech-enabled advisory business managing more than $7 billion in assets.

    Prior to joining Personal Capital, Jay served as CIO of E-LOAN, Inc., a multi-billion dollar consumer lending platform, where he facilitated the company’s acquisition by Banco Popular and led the build-out of the consumer-direct banking platform. Earlier in his career, he served as CTO and CIO at Myers Internet, a B2B SaaS enterprise platform for mortgage and real estate companies, and as Director of Technology, National Risk Management Services at PwC, where he created a strategic software practice for the firm’s emerging consulting businesses.

    Shah currently serves as a director on the board of Personal Capital Corporation, and was Chairman of the Technical Advisory Board at Ellie Mae from 2014 to 2018. Shah earned his B.A. in Business Economics from UC Santa Barbara with a concentration in accounting.

  • Mike Armsby

    Mike Armsby

    Chief Financial Officer

    Mike has over 15 years of experience in financial executive roles in technology, solar, and software companies, including his time as CFO of Yodlee, View, and PowerLight. Mike has also served as a strategy consultant at Bain & Company, and a CPA at PricewaterhouseCoopers.

  • Michelle Brownstein

    Michelle Brownstein

    Vice President of Private Client Services

    Michelle is a Certified Financial Planner® with a wide range of Investment Management experience. Prior to Personal Capital, she acted as a relationship manager within Fisher Investments' Private Client Group, serving as the primary point of contact for high net worth investment clients.

  • Mark Goines

    Mark Goines

    Chief Strategy Officer and Vice Chairman

    Mark has over 35 years of experience in Financial Services and Technology from Wells Fargo, Charles Schwab, Intuit (TurboTax and Quicken) as well as significant startup success including Mint.com and PassMark Security. Innovation and rapid growth are Mark’s passions.

  • Paul Bergholm

    Paul Bergholm

    Chief Administrative Officer

    Paul has over 20 years helping manage the financial activities of young tech companies, include eBay and Keynote Systems. He served as CFO of PassMark Security and CFO of Taxcient.

  • Allison Amadia

    Allison Amadia

    General Counsel

    Allison Amadia’s latest role in her impressive and diverse 25+ year legal career is as General Counsel and Corporate Secretary of Personal Capital, a leading digital wealth management company transforming financial lives through technology and people, where she oversees the company’s legal and compliance functions.

    Before taking in-house roles as General Counsel and Chief Compliance Officer at Extreme Networks and, more recently, Handle Financial Inc., Allison successfully founded and managed a consulting firm representing public and private technology companies.

    Allison is a former teacher at University of Santa Clara School of Law where she lectured for several years on Technology Licensing, including source code, SaaS, cloud, and other complex licensing strategies. Allison also participates in panel discussions on a range of topics including business acumen for lawyers, complex technology transactions, IP protection, information security, privacy and compliance, women’s leadership. She also currently serves as Vice Chair of the Dean’s Advisory Council for the College of Letters & Science, UC Davis.

  • Viola Gheorghiu

    Viola Gheorghiu

    Sr. Director of HR and Administrative Operations

    Viola has over 20 years managing Legal, Human Resources, and Operations departments in young tech companies, including PassMark Security (acquired by RSA/EMC), Taxcient (acquired by Avalara) and MyVest (acquired by TIAA).

  • Eric Weiss

    Eric Weiss

    Chief Marketing Officer

    Eric brings over 20 years of marketing and management experience to Personal Capital, having worked primarily in high growth cloud services companies. Weiss joined Personal Capital after leading marketing teams at Intermedia, Axcient, GreenRoad and Covad Communications.

  • Jim Del Favero

    Jim Del Favero

    Chief Product Officer

    Jim started his career at Intuit, rapidly climbing the ranks in tech support and running Voice of the Customer. He later led Quicken and Quicken Online as Group Product Manager.

  • Margarita Magana

    Margarita Magana

    Controller

    Margarita has over 15 years managing accounting departments in growing tech companies, including PassMark Security (acquired by RSA/EMC), Macromedia (acquired by Adobe), Epicentric (acquired by Vignette) and MyVest (acquired by TIAA).

  • John L. Castelly

    John L. Castelly

    Chief Compliance Officer

    John has a wealth of experience as a trusted advisor, specializing in securities regulation, in both the public and private sectors. He has held senior legal positions at Morgan Stanley and TD Ameritrade and has served as Special Counsel at the US Securities and Exchange Commission.

  • Maxime Rousseau

    Maxime Rousseau

    Chief Information Security Officer

    Maxime Rousseau is a seasoned cybersecurity professional with more than 15 years of experience building and improving cybersecurity programs. In his current role as Personal Capital’s Chief Information Security Officer, he is responsible for managing the company’s cybersecurity strategy.

    Prior to joining Personal Capital, he consulted on and implemented information security programs for businesses across a wide range of industries as a leader in PwC's Advisory practice. Across North America, Maxime is a known thought leader on key information security topics including compliance, PCI-DSS, cybercrime, and application security. Maxime graduated from Université de Sherbrooke with a degree in Computer Science and Management. Maxime also holds CISSP certification.

  • Fritz Robbins

    Fritz Robbins

    Chief Technology & Information Officer

    Fritz has spent his entire career delivering high-volume, secure transactional processing systems for various companies, including Wells Fargo, PassMark Security and others.

  • Ehsan Lavassani

    Ehsan Lavassani

    Founding Engineer and Chief Engineering Officer

    Ehsan Lavassani is Personal Capital's Chief Engineering Officer and its first employee. He architected Personal Capital's core systems from the ground up and formed its world-class engineering team. Previously, he was one of the main architects of RSA's Adaptive Authentication system.

  • Jeff Davis

    Jeff Davis

    Vice President of Advisory Sales

    Jeff was responsible for sales, service, and the training of investment professionals at Fisher Investments, helping it grow to more than 25,000 high net worth clients.

  • Kyle Ryan, CFP®

    Kyle Ryan, CFP®

    EVP of Advisory Services

    Kyle is responsible for Personal Capital’s Advisory Services. He was named to the 2014 InvestmentNews 40 under 40 list for his contributions to the financial advisory industry. He has previously held senior positions at Merrill Lynch and Fisher Investments.

  • Craig Birk, CFP®

    Craig Birk, CFP®

    Chief Investment Officer

    Craig leads the Personal Capital Advisors Investment Committee, focused on translating improvements in technology into better financial lives. He has been widely quoted in the financial media. Prior to Personal Capital Advisors, he held a senior portfolio management position at Fisher Investments.

  • Dan Stampf, CFP®

    Dan Stampf, CFP®

    Vice President of Advisory Optimization

    Dan has over 20 years of experience serving high net worth clients. He has held a variety of leadership roles at Fisher Investments including: Client Service and Operations, Sales Operations, Corporate Finance and Marketing.

Investment Committee

  • Bill Harris

    Bill Harris

    Founder and Director

    Bill Harris is the founder of Personal Capital and is currently a member of the company’s investment committee. With 25 years’ experience developing financial technology, he has focused on dragging the financial industry into the 21st century. Mr. Harris previously served as CEO of transformative financial technology and security companies including Intuit, PayPal, and PassMark Security. Earlier in his career he was President of ChipSoft and Executive Vice President of U.S. News and World Report.

    In addition to Personal Capital, Mr. Harris is Chairman of the Board of XTec. He has also served on the boards of MyVest, Yodlee, Answers.com, SuccessFactors, Go Daddy Software, Earthlink, RSA Security, Macromedia, NexTag, and LowerMyBills.

    Mr. Harris received his bachelor’s degree from Middlebury College and his MBA from Harvard Business School.

  • Craig Birk, CFP®

    Craig Birk, CFP®

    Chief Investment Officer

    Craig leads the Personal Capital Advisors Investment Committee, focused on translating improvements in technology into better financial lives. He has been widely quoted in the financial media. Prior to Personal Capital Advisors, he held a senior portfolio management position at Fisher Investments.

  • Kyle Ryan, CFP®

    Kyle Ryan, CFP®

    EVP of Advisory Services

    Kyle is responsible for Personal Capital’s Advisory Services. He was named to the 2014 InvestmentNews 40 under 40 list for his contributions to the financial advisory industry. He has previously held senior positions at Merrill Lynch and Fisher Investments.

Board of Directors

  • Charles Goldman

    Charles Goldman

    CEO of Assetmark

    Charles Goldman serves as Chairman of the Board for Personal Capital. He is currently President & CEO of AssetMark, Inc. Prior to joining AssetMark, he shared his expertise in investment management services as an advisor to Bain & Company, Genstar Capital, Aquiline Capital Partners, Advent International, Goldman Sachs, Raymond James, Boulder Ventures, and several registered investment advisors.

    Mr. Goldman was previously president of Fidelity Investments, Custody & Clearing, where he was responsible for three of Fidelity’s businesses: National Financial, Fidelity Institutional Wealth Services, and Fidelity Family Office Service. Before that, Mr. Goldman held several senior roles at The Charles Schwab Corporation. From 1991 to 1996, Mr. Goldman was a consultant for The Boston Consulting Group.

    In addition to his role as Chairman of the Board at Personal Capital, Mr. Goldman serves on the boards of Mercer Advisors, Inc. and the American Mountain Guides Association.

    Mr. Goldman received his B.S. degree in finance, magna cum laude, from the University of Southern California. He also received his MBA, with honors, in General Management from the University of California, Los Angeles.

  • Jay Shah

    Jay Shah

    Chief Executive Officer

    Jay Shah, as founding executive member and current CEO of Personal Capital, shaped the pioneering digital wealth management company into what it is today. With more than 20 years of experience scaling businesses with technology and data, he has grown Personal Capital from a Silicon Valley startup to a tech-enabled advisory business managing more than $7 billion in assets.

    Prior to joining Personal Capital, Jay served as CIO of E-LOAN, Inc., a multi-billion dollar consumer lending platform, where he facilitated the company’s acquisition by Banco Popular and led the build-out of the consumer-direct banking platform. Earlier in his career, he served as CTO and CIO at Myers Internet, a B2B SaaS enterprise platform for mortgage and real estate companies, and as Director of Technology, National Risk Management Services at PwC, where he created a strategic software practice for the firm’s emerging consulting businesses.

    Shah currently serves as a director on the board of Personal Capital Corporation, and was Chairman of the Technical Advisory Board at Ellie Mae from 2014 to 2018. Shah earned his B.A. in Business Economics from UC Santa Barbara with a concentration in accounting.

  • Bill Harris

    Bill Harris

    Founder and Director

    Bill Harris is the founder of Personal Capital and is currently a member of the company’s investment committee. With 25 years’ experience developing financial technology, he has focused on dragging the financial industry into the 21st century. Mr. Harris previously served as CEO of transformative financial technology and security companies including Intuit, PayPal, and PassMark Security. Earlier in his career he was President of ChipSoft and Executive Vice President of U.S. News and World Report.

    In addition to Personal Capital, Mr. Harris is Chairman of the Board of XTec. He has also served on the boards of MyVest, Yodlee, Answers.com, SuccessFactors, Go Daddy Software, Earthlink, RSA Security, Macromedia, NexTag, and LowerMyBills.

    Mr. Harris received his bachelor’s degree from Middlebury College and his MBA from Harvard Business School.

  • Steve Harrick

    Steve Harrick

    General Partner at IVP

    Stephen Harrick is currently General Partner at IVP and has been with the firm since October 2001. With 21 years of venture capital experience, he now focuses on investing in later-stage technology companies with exceptional growth potential. Specifically, Mr. Harrick targets data analytics, security, and disruptive consumer-focused companies that have the potential to become leaders in their respective markets.

    Mr. Harrick has also led IVP’s investments in AppDynamics, MySQL, Sumo Logic, and LegalZoom. He was actively involved in IVP’s investments in Danger and Yext.

    Mr. Harrick has been recognized by Forbes Magazine as one of the top 100 venture capitalists in the world by his inclusion in the Midas List three times.

    Mr. Harrick earned a B.A. in History from Yale University and an MBA from Harvard Business School.

  • Paul Desmarais III

    Paul Desmarais III

    Vice President of Power Financial

    Paul Desmarais III is Senior Vice-President of Power Corporation and Power Financial. Prior to his current position, he worked in the Risk Management Group of Great-West Lifeco. He began his career with Goldman Sachs in the Investment Banking Division, Investment Strategy Group, and Special Situations Group.

    Mr. Desmarais III is Executive Chairman of Portag3 Ventures and a director of Great-West Life, Investors Group, Mackenzie, Pargesa and Groupe Bruxelles Lambert. He also serves as Executive Chairman of Sagard Capital, Chairman of Wealthsimple, Vice Chairman of Imerys, and Chairman of Diagram. He focuses on innovation and disruption in the financial services industry with a key focus on financial technology.

    Mr. Desmarais III received his B.A. in Economics from Harvard College (graduating cum laude) and he holds a MBA from INSEAD in France.

  • Jeffrey Carney

    Jeffrey Carney

    CEO of IGM

    Jeffrey Carney, CFA, is President and CEO of IGM Financial Inc, one of the largest wealth managers in Canada. Prior to this role, he served as President and CEO of Mackenzie Financial Corporation.

    Mr. Carney has more than 25 years of experience at prominent investment management firms and banks across both retail and institutional platforms in Canada and the US. Mr. Carney has served as Executive Vice President at Charles Schwab, Senior Managing Director at Putnam Investments, President of Retirement & Client Solutions at Bank of America, and President of Retirement Services and Personal Investments at Fidelity Investments.

    In addition to Personal Capital, Mr. Carney serves on the board of the Landmark School in the metropolitan Boston area and the advisory board for Queen’s School of Business. He has also served on the corporate boards of The New England Council, Employee Benefit Research Institute and Defined Contribution Institutional Investment Association.

    Mr. Carney is a graduate of the Bachelor of Commerce program at Queen’s University and holds the Chartered Financial Analyst designation.

  • Marina Levinson

    Marina Levinson

    Founder and CEO, CIO Advisory Group

    Marina Levinson is a Partner at Benhamou Global Ventures where her investment focus is early stage enterprise IT startups in cyber security, SaaS, and hybrid cloud management space. She is also founder and CEO of CIO Advisory Group which provides executive technology advice to C-suite leaders, private equity firms, VCs, and startups. Prior to her current role, she served as CIO advisor at Andreessen Horowitz. Earlier in her career she was Senior Director of Global Integration at 3Com.

    Ms. Levinson brings to the board more than 25 years of corporate leadership experience in IT and business process transformation, including over 12 years as global CIO of NetApp and Palm. Levinson’s experience includes global large-scale implementations of enterprise analytics, eCommerce, and CRM and ERP solutions, on-premise and in the cloud. She has also managed teams through transactions such as M&As and spinoffs.

    In addition to Personal Capital, Ms. Levinson serves on the boards of Carbonite and Ayehu Software Technologies, Ltd.

    Ms. Levinson earned her B.S. in Computer Science at the Institute of Precision Mechanics and Optics in St. Petersburg, Russia.

  • Bruce Felt

    Bruce Felt

    CFO of DOMO

    Bruce Felt is CFO of Domo, a public SaaS company redefining the business intelligence market. Mr. Felt brings more than 30 years of experience in financial operations and management of technology companies. He has led multiple companies through successful transactions.

    Mr. Felt was previously CFO of SuccessFactors, where he guided the company through a public offering, six acquisitions and the $3.4 billion sale of the business to SAP. He also served as CFO for LANDesk Software, Auction.com, and Qualix Group where he led its public offering and merger into Legato Systems, which was later acquired by EMC.

    In addition to Personal Capital, Mr. Felt also serves on the board of Evolent Health. He previously served on the boards of Alfresco, YouSendIt, and Yodlee, and oversaw the successful sale of each of those companies.

    Mr. Felt earned his B.S. in Accounting from the University of South Carolina and his MBA from Stanford University as an Arjay Miller Scholar.

  • James Feuille

    James Feuille

    General Partner in the Venture Capital Group

    James Feuille is Executive Director of Private Equity and Venture Capital at the Tuck School of Business at Dartmouth. Before taking on his current role, Mr. Feuille was General Partner at Crosslink Capital for more than 15 years. Earlier in his career, Mr. Feuille was Global Head of Technology Investment Banking at UBS.

    In addition to Personal Capital, Mr. Feuille invests in and serves on the boards of Reltio, a native cloud platform that organizes enterprise data for digital transformation, and Chime, the fastest growing U.S. challenger bank. He also served on the board of directors at Pandora for 11 years, leading the venture capital investment for the company and guiding the business through a successful IPO in 2011.

    Mr. Feuille earned a bachelor’s degree from Dartmouth University in Chemistry. He also earned his J.D. and MBA from Stanford.

  • Brian Ascher

    Brian Ascher

    Partner at Venrock

    Brian Ascher is a Partner at Venrock and is based in the Palo Alto office. He joined the company in 1998 as a Kauffman Fellow. Brian invests across enterprise and consumer markets. Past investments include Vocera (NYSE: VCRA), DATAllegro (Acquired by Microsoft), Tudou (acquired by Kronos), and Atrenta (acquired by Synopsys). Prior to Venrock, Mr. Ascher was a Senior Product Manager at Intuit responsible for Quicken and Quicken.com. Earlier in his career he was a Strategy Consultant at Monitor Group.

    In addition to Personal Capital, Mr. Ascher currently serves on the Board of Directors of SmartBiz Loans, Inrix, Socrates AI, Beckon, 6Sense, and Dynamic Signal.

    Mr. Ascher graduated from Princeton University with a bachelor’s degree in biology and economics. He received his MBA from Stanford University with a focus in Entrepreneurship.

  • Jeremy Schein

    Jeremy Schein

    Managing Director at Corsair Capital

    Jeremy Schein is a Managing Director of Corsair Capital, a private equity firm focused exclusively on the financial services sector, and serves as a member of the investment committee. He joined Corsair in 2001 and is based in New York. Prior to joining Corsair he was an Associate at J.P. Morgan.

    Mr. Schein is a director of Jackson Hewitt Tax Service Inc., the second largest tax-preparation service in the country. He is also serves as a director of NoteMachine, a leading independent European ATM operator; REPAY Holdings, a payment technology and processing provider; and Spring Venture Group, a leader in insurance-distribution technologies.

    Mr. Schein received his B.A. in Economics from Cornell University.

Board of Advisors

  • Harry Markowitz

    Harry Markowitz

    Portfolio Strategy Expert

    Harry Markowitz is an economist, and a recipient of the 1989 John von Neumann Theory Prize and the 1990 Nobel Memorial Prize in Economic Sciences. He is known as the "Father of Modern Portfolio Theory" for his pioneering work in portfolio construction. Markowitz received a Ph.D. from the University of Chicago and is currently a professor of finance at the Rady School of Management at the University of California, San Diego. Markowitz’s Modern Portfolio Theory is central to the design of Personal Capital portfolios.

  • Shlomo Benartzi

    Shlomo Benartzi

    Behavioral Finance Expert

    Shlomo Benartzi is a world-renowned behavioral economist, interested in combining the insights of psychology and economics. He collaborated with Richard Thaler of the University of Chicago to pioneer the Save More Tomorrow™ program, a behavioral prescription designed to help employees increase their retirement savings rates gradually over time. He received a Ph.D. from Cornell University, and is currently a Professor and co-chair of the Behavioral Decision-Making Group at UCLA Anderson School of Management. Benartzi’s most recent book, The Smarter Screen: Surprising Ways to Influence and Improve Online Behavior, features the Personal Capital app as a way to develop better savings habits. His website is www.shlomobenartzi.com.

  • Luis Aguilar

    Luis Aguilar

    Formerly with the Securities and Exchange Commission

    Luis is a consumer advocate and former commissioner of the Securities and Exchange Commission with over 35 years of experience in business, law and compliance. Mr. Aguilar was appointed to be an SEC Commissioner by President George W. Bush in 2008. He was reappointed by President Barack Obama in 2011 and served in that capacity until December 2015. Aguilar is a major advocate for consumer and minority rights, with honors for his leadership of Hispanic and African American rights, including his sponsorship of the SEC’s Hispanic Employment Committee and African American Counsel.