Jonathan Hirtle

Jonathan Jacob Hirtle
Born	1952 Cheswick, Pennsylvania, U.S.
Occupation(s)	Investment leader, executive chairman
Years active	1988–present
Known for	Developing the outsourced Chief Investment Officer (OCIO) approach

Jonathan Jacob Hirtle is a prominent investment leader credited with developing the outsourced Chief Investment Officer (OCIO) approach, which earned him the title “Oracle of Outsource."

In 1988, Hirtle co-established Hirtle, Callaghan & Co., the inaugural OCIO firm dedicated to assisting families and organizations lacking comprehensive internal investment teams. The company currently oversees assets exceeding $20 billion.

Jon holds the position of Executive Chairman at Hirtle, Callaghan & Co., LLC. Additionally, he serves on the Board of Directors for the Museum of the American Revolution and contributes to the Buffalo Bill Center of the West in Wyoming.

Background

Born in Cheswick, Pennsylvania in 1952, Hirtle completed his secondary education at Springdale High School and obtained both a BA (1974) and an MBA (1982) from Pennsylvania State University. Between 1975 and 1982, he served as an officer in the United States Marine Corps.

Prior to founding Hirtle Callaghan, he spent six years as a vice president at Goldman, Sachs & Co., where he advised families and institutions on investment strategies. Together with Donald E. Callaghan, another former Goldman Sachs vice president, he launched Hirtle Callaghan to deliver outsourced CIO services to clients desiring expert investment oversight without maintaining full internal departments.

Hirtle, Callaghan & Co.

Hirtle, Callaghan & Co. specializes in creating and managing customized investment solutions for families and institutional clients, with assets under management surpassing $20 billion, approximately evenly divided between these groups.

Jonathan Hirtle functions as Executive Chairman and chairs the Management Committee responsible for guiding the firm’s overall strategy and operations.

Outsourced Chief Investment Officer Model

Jonathan Hirtle is recognized as the originator of the outsourced Chief Investment Officer (OCIO) model, which has since become a standard practice within the industry.

Media source

As a trailblazer in the OCIO space, Jonathan Hirtle is widely acknowledged as an expert and frequently appears in leading investment media outlets, sharing perspectives on market developments and portfolio management techniques.