CNS AR24 Digital - Book - Page 7
Client Advisory Board
David Morton
Principal And Investment
Committee Member
Lawrence Rakers, CFP
Mutual Fund Manager
FIDELITY INVESTMENTS
ORG
Mr. Morton joined ORG in 2023 and has over 33 years
of experience in the investment industry. Mr. Morton is
responsible for asset allocation, investment research,
portfolio construction and client relations. Mr. Morton
is a voting member of the ORG Investment Committee.
Prior to ORG, Mr. Morton was a Lead Portfolio Manager
at Goldman Sachs Asset Management where he led the
Insurance OCIO initiative and managed all aspects of his
clients’ balance sheets including cash deployment, asset
allocation, investment manager sourcing and reporting to
the client investment committees. He was also responsible
for advising his legacy clients and researching private credit
investment strategies.
Prior to Goldman Sachs, Mr. Morton was a founding
partner of Rocaton Investment Advisors, a global
investment consultant. During his tenure at Rocaton,
Mr. Morton was the Chief Market Strategist and Head
of Alternatives Research where he was responsible for
developing global market thematic views, generating
investment ideas, conducting research on alternative
and traditional investment managers, managing client
relationships and constructing client portfolios. Prior to
Rocaton, Mr. Morton held various positions executing
investment research, corporate 昀椀nance and pension plan
investments. Mr. Morton received his Master of Business
Administration with a Finance specialization from the
Leonard N. Stern School of Business at New York University
and his Bachelor of Science in Economics from the London
School of Economics and Political Science.
Larry Rakers is a portfolio manager and group leader at
Strategic Advisers LLC, a registered investment adviser and
a Fidelity Investments company. Fidelity Investments is a
leading provider of investment management, retirement
planning, portfolio guidance, brokerage, bene昀椀ts
outsourcing and other 昀椀nancial products and services to
institutions, 昀椀nancial intermediaries and individuals. In
this role, Mr. Rakers is the lead asset allocation portfolio
manager for Portfolio Advisory Services Accounts and
works closely with the lead portfolio managers for Portfolio
Advisory Services Accounts – Tax-Sensitive Accounts and
Workplace Managed Accounts to ensure asset allocation
consistency. Prior to assuming his current position in
January 2014, Mr. Rakers was a portfolio manager at Fidelity
Management & Research Company, LLC (FMR Co.). From
2008 to 2013, he managed the Fidelity Dividend Growth
Fund, Fidelity Advisor Dividend Growth Fund, VIP Balanced
Fund and Pyramis SAI Core Dividend Growth Fund. Prior
to that, he managed Fidelity Advisor Balanced Fund from
2005 to 2008, Fidelity Balanced Fund from 2002 to 2008,
and Fidelity Convertible Securities Fund from 2001 to 2002.
Previously, Mr. Rakers worked as an analyst at FMR Co.,
where he covered various industries and managed multiple
funds from 1993 to 2001. Before joining Fidelity, he was a
project engineer at Loral Corporation from 1986 to 1993.
He has been in the 昀椀nancial industry since 1993. Mr. Rakers
earned his bachelor of science and master of science
degrees in metallurgical engineering from the University
of Illinois and his master of business administration
degree from Northeastern University. He is also a Certi昀椀ed
Financial Planner® (CFP).
Insight | Innovation | Value | Excellence
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