Steve DeAngelis
Senior Advisor (Philadelphia, PA)Steve DeAngelis has over 30 years of dynamic business building, management and leadership experience from global investment firms. Experience includes founding and building a technology-based wealth management support platform to over $100 Billion in assts and selling to PFPC Worldwide (a division of PNC Financial), Managing Director and Head of U.S. Advisor Solutions Group at Goldman Sachs Asset Management and Executive Vice President, Head of Distribution at FS Investments and President of FS Investment Solutions.
In addition to being an investor and aligned Senior Advisor with Star Mountain Capital, Mr. DeAngelis is currently on faculty at Villanova University School of Business as an Executive in Residence, where he developed and teaches students how to communicate with more impact in the professional world. Mr. DeAngelis also serves on multiple boards of privately held companies, and is founder of Auctoritas Executive Consulting where he provides consulting services for individuals and businesses committed to strategic growth through efficient execution, accountability and executive effectiveness.
Mr. DeAngelis most recently served as Chief Revenue Officer at Orion Advisor Solutions, an industry leading financial technology firm where he served on the firm’s Executive Committee and was responsible for all sales and revenue generation activities.
Prior to Orion, Mr. DeAngelis was Executive Vice President and Head of Distribution at FS Investments. Mr. DeAngelis served on the firm’s Executive Committee and as President of FS Investment Solutions, FS Investments’ wholly owned broker-dealer subsidiary. FS Investments is a strategic distribution partner for leading asset managers including Blackstone and KKR. Mr. DeAngelis led the firm’s evolution into a multi-product, multi-channel sales organization, including its entry into the RIA, wirehouse and regional broker-dealer markets.
Before FS Investments, Mr. DeAngelis spent nine years at Goldman Sachs Asset Management (“GSAM”). As Managing Director, Head of U.S. Advisor Solutions Group, he led distribution of all products and services to registered investment advisors, regional and national wirehouses, and independent broker-dealers. He was also responsible for managing home office relationships, on both the distribution and platform research sides. GSAM demonstrated significant growth in its Intermediary distribution business under Mr. DeAngelis’ leadership, and expanded its product lineup to include alternative investments, structured products and ETFs.
Prior to Goldman Sachs, he co-founded and served as President of ADVISORport, Inc., the industry’s first web-based platform for delivering customized managed account services to broker-dealers, banks and third-party RIAs. During Mr. DeAngelis’ eight years leading ADVISORport, the platform grew to over $100 Billion in assets and served the advisory business of financial service leaders such as JP Morgan, Charles Schwab and MetLife. ADVISORport successfully sold to PFPC Worldwide, a division of PNC Financial, in 2003.
Philanthropically, Mr. DeAngelis serves on the board of Philadelphia Financial Scholars, board of Trustees of Freire Charter Schools, and Investment Committee member of the Brothers of the Order of Hermits of St. Augustine.
Mr. DeAngelis has an M.B.A. from Duke University’s Fuqua School of Business and a Bachelor of Science from Villanova University.