Ancora, a Cleveland-based provider of comprehensive investment advisory, wealth management, retirement plan services and insurance solutions to individuals and institutions nationwide, is happy to announce the appointment of its Chief Investment Officer John Micklitsch as President and CIO of the firm.
“It’s an incredibly dynamic time in the financial advisory business, and I could not be more excited for the opportunities ahead for Ancora and our clients,” said Micklitsch. “We have a more comprehensive set of solutions than ever before and are well positioned to guide clients, particularly as we see one of the largest transfers of wealth from the baby boomers to subsequent generations.”
“John is focused on delivering for people, both in terms of harnessing solutions for our clients and making Ancora one of the best places to work across the region,” said Chairman and CEO Fred DiSanto. “In this role, he’ll have even more opportunity to deliver on both ends of this spectrum.”
Micklitsch joined Ancora in 2006. In addition to his responsibilities as CIO, he manages global, multi-asset class separate accounts for the firm’s high net worth and institutional clients. John began his money management career in 1996 at Robert E. Torray & Company. Prior to joining Ancora, he held roles at Fifth Third Asset Management and Allegiant Asset Management, the institutional money management division of National City Corporation. He is on the board of Biltmore Trust Company and Baldwin Wallace University and sits on the investment committees of the United Way of Greater Cleveland and Bluecoats Inc.
John is a graduate of Duke University and Johns Hopkins University’s Carey School of Business and holds the Chartered Financial Analyst® and Chartered Alternative Investment Analyst designations.