A Keystone State ETF shop's team doubled their AUM last year, and its headcount grew by one third.
| Sean Edward O'Hara|
Pacer ETFs Distributors / Pacer Financial
President / Director
Last week, Sean O'Hara
, of Pacer ETFs Distributors
], and Joe Thomson
, founder and president of Pacer Financial, confirmed
that the Malvern, Pennsylvania-based fund firm ended 2022 with $19.6 billion in AUM. That's up 92.2 percent from $10.2 billion at the beginning of the year.
Then, in the first week of 2023, Pacer crossed the $20-billion-AUM line. The firm now has a team of 155 employees (up 38 in the past year) supporting 45 ETFs (up five in the past year).
Stay ahead of the news ... Sign up for our email alerts now