myCIO Firm Overview
myCIO is a Comprehensive, Independent and Objective (CIO) financial advisory firm which provides consulting services to over $5.875 billion dollar of investment assets of Individuals, Families, Endowments, Defined Contribution and Defined Benefit Plans and Trusts. myCIO was formerly Ernst & Young’s Philadelphia Investment Advisory Practice. .
myCIO serves as the Chief Investment Officer (CIO) for many of its clients and has a specialty in the Alternative Investment area and fiduciary liability. We now provide Financial Counseling services to 40 Former and Current Chairman, CEOs and Presidents of Standard & Poors and Fortune 500 Companies.
myCIO Wealth Partners was formed as the result of Ernst & Young’s decision to exit the Investment Advisory and Wealth Advisory services as of July 1, 2005 as the result of Sarbanes-Oxley. myCIO is one of the largest completely Independent Wealth Management firms in the country and is a leader in Independent Objective advice. In 2007, former PricewaterhouseCoopers personnel joined myCIO when their former firm also decided to exit the investment advisory business.