KANSAS CITY, Mo., March 15, 2021 – Continuing the build out of its relationship management team, Avantis Investors, a $3.7 billion* investment brand from global asset manager American Century Investments®, announced two additional hires. Olivian Pitis, CFA, CFP® and AIFA®, and Andrew Clark, AAMS, both have been named vice president, relationship director & investment specialist.
“Olivian and Andrew bring important skill sets with them to their new positions,” said Eduardo Repetto, Avantis Investors Chief Investment Officer. “Olivian has worked directly with clients as an advisor, and Andrew served as a wealth management specialist, working with the financial advisor community. We are excited to have them join our team.”
Prior to joining Avantis Investors, Pitis served as lead advisor at Dowling & Yahnke, where he was responsible for advising clients on a wide spectrum of wealth management issues, including investment management, financial planning, tax planning, philanthropy and inter-generational wealth transfers. He was also a voting member of the Investment Committee.
Pitis earned a Bachelor of Science in engineering from Transilvania University of Brasov in Romania, a Master of Science in forestry from Louisiana State University and a Master of Business Administration in finance and entrepreneurship from UCLA Anderson School of Management. He is a CFA charterholder and holds CFP® and AIFA® credentials.
Prior to joining Avantis Investors, Clark served as a regional wealth management specialist at American Century Investments. In this role, he was responsible for communicating investment strategies and practice building ideas to the financial advisor community in the Midwest.
Clark earned a Bachelor of Science in finance, banking and real estate from the University of Missouri. He is an Accredited Asset Management Specialist, a Certified Fraud Examiner and holds Series 6, 7 and 63 licenses.
Pitis and Clark are the latest to join the Avantis relationship management team. The firm announced the addition of Caroline Gaynor and Justin Yost, CFA earlier this month.
American Century Investments is a leading global asset manager focused on delivering investment results and building long-term client relationships while supporting research that can improve human health and save lives. Founded in 1958, American Century Investments' 1,400 employees serve investment professionals, institutions, corporations and individual investors from offices in New York; London; Hong Kong; Frankfurt, Germany; Sydney; Mountain View, Calif.; and Kansas City, Mo. Jonathan Thomas is president and chief executive officer, and Victor Zhang serves as chief investment officer. Delivering investment results to clients enables American Century Investments to distribute over 40 percent of its dividends to the Stowers Institute for Medical Research, a 500-person, non-profit basic biomedical research organization. The Institute owns more than 40 percent of American Century Investments and has received dividend payments of $1.7 billion since 2000. For more information about American Century Investments, visit americancentury.com.
You should consider the fund's investment objectives, risks, and charges and expenses carefully before you invest. The fund's prospectus or summary prospectus, which can be obtained by visiting AvantisInvestors.com or calling 1-833-9AVANTIS, contains this and other information about the fund, and should be read carefully before investing. Investments are subject to market risk.
Municipal Securities investing is more sensitive to events that affect municipal markets, including legislative or political changes and the financial condition of the issuers of municipal securities. The fund may have a higher level of risk than funds that invest in a larger universe of securities. Additionally, the novel coronavirus (COVID-19) pandemic has significantly stressed the financial resources of many municipal issuers, which may impair a municipal issuer's ability to meet its financial obligations when due and could adversely impact the value of its bonds, which could negatively impact the performance of the fund.
International investing involves special risks, such as political instability and currency fluctuations. Investing in emerging markets may accentuate these risks. Generally, as interest rates rise, the value of the securities held in the fund will decline. The opposite is true when interest rates decline.
Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results.
Derivatives may be more sensitive to changes in market conditions and may amplify risks.
Investment income may be subject to certain state and local taxes and, depending on your tax status, the federal alternative minimum tax (AMT). Capital gains are not exempt from state and federal income tax.
Mutual Funds: American Century Investment Services, Inc., Distributor
©2021 American Century Proprietary Holdings, Inc. All rights reserved.
*Firm assets under supervision as of February 26, 2021.