Callan is a private, employee-owned, U.S.-based firm solely focused on institutional investment consulting. We consult with multiple insurance asset pools, including captives, and have no ties to commercial brokerages or reinsurance companies. We consult with our clients using an independent fiduciary governance framework.
600 Montgomery Street
San Francisco, CA 94111
In 1973, Edwin Callan founded Callan as an employee-owned investment consulting firm focused on performance measurement, strategic planning, as well as manager and asset class research. For more than 45 years, we have been advising and collaborating with asset owners, including insurance and pensions. Callan advises on more than $2.4 trillion USD in total assets (as of 31 March 2020), making the firm among the largest independently owned investment consulting firms in the U.S.
Callan has extensive experience working with multiple asset pools, including captive insurance and risk retention groups (RRGs). We understand the unique needs supporting a single-parent captive and RRGs, including its liabilities, premiums/cash flows, claims/loss experience and investment portfolio.
Following a well-documented governance framework is important to ensure prudence and proper due diligence. This includes asset allocation studies, manager structure, manager selection and monitoring, performance monitoring and fee benchmarking. The investment policy statement (IPS) and investment guidelines are a critical component of the governance framework and should be reviewed at least annually.
Callan believes that conducting thorough due diligence is critical to assessing the stability and depth of any money management organization, and we have more than 30 highly skilled dedicated manager research professionals (as of 31 March 2020). We conduct due diligence across all asset classes and meticulously maintain our own proprietary manager database, giving us unique in-depth insight into managers and peer groups.
We continue to invest heavily in resources to support the changing demands of insurance clients. Callan has 200 employees (as of 31 March 2020), about half of which are shareholders and has no parent, affiliates, subsidiaries, or business partners. Callan’s corporate headquarters are in San Francisco. We maintain five offices in Atlanta, Chicago, Denver, Portland, OR, and Summit, NJ.
Areas of specialisation:
- Asset Allocation
- Investment Policy Statements
- Manager Research
- Manager Selection
- Performance Monitoring
- Fee Benchmarking
- Cayman Islands
Sara L. Hakim
Senior Vice President
Based in Summit, NJ office, Sara joined Callan in June 2019 and has experience providing investment advice to a variety of plan sponsor clients such as corporate defined contribution and defined benefit plans, captive insurance and nonprofits. Prior to joining Callan, she was responsible for growing insurance captive solutions for on-shore and off-shore captives for Aon.