Issue Date: October 13, 2015
(LANCASTER, PA) – Emerald Asset Management, Inc., an investment holding company with approximately $3.6 billion in assets, has announced that experienced sales and relationship management professional Patrick J. Prato has joined the Emerald team. Emerald Founder and CEO Joseph E. Besecker announced that Mr. Prato has joined subsidiary company Emerald Advisers, Inc. as Senior Vice President – Director of Business Development. He will be responsible for developing and maintaining Emerald’s relationships with investment advisers and broker-dealers, working in collaboration with Emerald’s sales and client services teams.
Prior to joining Emerald, Mr. Prato was most recently the National Sales Manager/Key Accounts for Huntington Asset Advisors. He has over twenty-five years of experience in the investment industry, with a proven track record of developing key relationships, raising assets and building strong sales teams.
“We are excited that Patrick is joining our team as we continue to build our mutual fund family and grow assets under management,” said Mr. Besecker. “Emerald is proud of the relationships, assets and results we have built over the past twenty-three years and look forward to continuing to grow our sales and marketing efforts.” Emerald and its subsidiaries maintain offices in King of Prussia and Pittsburgh, Pennsylvania, Cleveland, Ohio and Oceanside, California. Its global headquarters is located in Leola, PA.
Founded in 1991, Emerald Asset Management, Inc. is a diversified investment management company that operates thru its subsidiaries Emerald Advisers Inc., Emerald Mutual Fund Advisers Trust, Emerald Separate Account Management LLC, Emerald Direct Lending Advisers LLC and EmStone Advisers LLC. Assets managed by these companies totaled approximately $3.6 billion as of September 30, 2015. “Driven by Research,” Emerald employs an intense fundamental, research-focused investment philosophy and focuses primarily on growth and value oriented equity investing and high-quality disciplined fixed-income investing.