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Wilshire Advisors

Global investment advisory, consulting, and technology

Vice President Alternatives Manager Research - Secondaries

Full-Time
$110k - $150k+ Annual discretionary bonus
Senior
Bachelor's, MBA
Santa Monica, CA, USA+3 moreMore locations: Chicago, IL, USA | Pittsburgh, PA, USA | New York, NY, USA
HybridHybrid work is based out of one of the listed offices.
Finance & BankingPrivate Equity

About the job

Requirements
  • A bachelor's degree is required; an MBA or Chartered Financial Analyst designation is a plus.
  • At least five years of experience in the private equity industry is required; direct secondaries experience is strongly preferred.
  • Strong analytical skills across quantitative and qualitative analysis are required.
  • Breadth of underwriting experience across private equity, private credit, and real assets is required.
  • Demonstrated ability to source investment opportunities and build networks is required.
  • Strong business and investment acumen is required.
  • Strong institutional relationships in North America are required.
  • Ability to work independently and achieve results is required.
  • Strong verbal and written communication skills, including the ability to present ideas with precision and conviction, are required.
  • An entrepreneurial, hands-on approach is required.
  • Organization, thoroughness, and attention to detail are required.
  • Ability to provide leadership to the North American team and mentorship to investment professionals and staff is required.
  • Comfort with potentially extensive travel is required.
Responsibilities
  • Source and underwrite opportunities across primary funds, secondaries, and co-investments as a key member of deal teams, and draft clear, insightful investment memorandums.
  • Develop and maintain relationships with private fund managers across the region, create access to top-tier managers, and proactively schedule and lead manager meetings and diligence calls to gather information and insights.
  • Conduct comprehensive market and manager research to identify attractive opportunities and prepare ad hoc reports to support decision-making.
  • Monitor existing investments and contribute to periodic reviews, performance updates, and risk assessments.
  • Enhance research processes and methodologies, and stay current on industry trends and regulatory developments.
  • Support client communications and presentations with clear, accurate written and verbal materials.
  • Contribute throughout the investment process while working closely with senior management.
  • Contribute to fund investments and co-investments.
Desired Qualifications
  • Direct secondaries experience is strongly preferred.
  • Training from a recognized investment bank or management consulting firm is preferred.
  • An MBA or Chartered Financial Analyst designation is a plus.

About the company

Wilshire Advisors provides investment solutions and independent investment advice to clients worldwide. It started as an investment technology firm in 1972 and evolved into a global advisory company that offers investment products, consulting services, and technology solutions. Its approach centers on delivering objective guidance and practical ideas to help investors manage portfolios. The company differentiates itself through its long history, global reach, and emphasis on independent, non-biased recommendations rather than tied to a single product lineup. The goal is to help clients optimize investment outcomes with credible expertise, transparent advice, and access to diverse investment products and technology.

Company Size

N/A

Company Stage

N/A

Total Funding

N/A

Headquarters

Santa Monica, California

Founded

1972

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Simplify's Take

What believers are saying

  • Todd Cassler became CRO on 2025-11-06, sharpening global distribution.
  • Sun Life seeded AAM Wilshire Infrastructure Fund with $150 million on 2026-08-25.
  • With Intelligence and Wilshire launched Navigator in 2026, widening private-markets fundraising reach.

What critics are saying

  • Wilshire ADV reported five disclosure events as of 2026-09-01, inviting regulator scrutiny.
  • Private-asset interval funds expose Wilshire to liquidity, valuation, and fee-comparison backlash in 2026.
  • Wilshire Indexes' March 2026 administration showed business-line fragility if separable products underperform.

What makes Wilshire Advisors unique

  • Wilshire combines fiduciary consulting, OCIO, analytics, and alternatives across one platform.
  • ParkLexington and XTP deepen Wilshire's cost transparency and investment-operations tooling.
  • AAM Wilshire Infrastructure Fund brings institutional private infrastructure to wealth investors.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Unlimited Paid Time Off
  • Flexible Work Hours
  • Remote Work Options
  • Paid Vacation
  • Stock Options
  • Company Equity
  • Professional Development Budget
  • Conference Attendance Budget
  • Wellness Program

Company News

Blue Vault
Sep 1st, 2026
Private Infrastructure Moves Further Into the Wealth Channel

September 1, 2026 Private infrastructure moves further into the wealth channel. Another traditionally institutional asset class is making its way into wealth portfolios, and a newly launched interval fund illustrates how that transition is occurring. Private infrastructure is becoming increasingly accessible to individual investors as asset managers use interval funds to bring strategies once largely reserved for institutions into the wealth channel. Advisors Asset Management and Wilshire announced the launch of the AAM Wilshire Infrastructure Fund on August 25, offering individual investors exposure to private infrastructure investments across areas including digital infrastructure, transportation, utilities, energy transition, and social infrastructure. Sun Life Financial committed $150 million in seed capital to the fund. The fund plans to focus primarily on small- and middle-market infrastructure investments, providing another example of how interval funds are being used to package less-liquid private assets for individual investors. Unlike publicly traded infrastructure funds, private infrastructure strategies can invest directly in assets that may generate contractual or recurring cash flows over long periods. The interval fund structure can accommodate these less-liquid investments because shareholders receive periodic repurchase opportunities rather than daily liquidity. For advisors, the expansion of infrastructure into the wealth channel creates another potential portfolio allocation - but also another product category requiring careful comparison. Underlying assets, leverage, fees, valuation practices, portfolio diversification, and repurchase policies can differ significantly among funds. As private infrastructure joins private credit, real estate, and other institutional strategies in interval fund form, understanding both the investment and the structure through which it is offered becomes increasingly important.

Associated Press
Feb 12th, 2026
With Intelligence and Wilshire launch enhanced Navigator platform to streamline private markets manager engagement

With Intelligence by S&P Global and Wilshire have launched an enhanced version of Navigator, a platform designed to streamline private markets manager engagement. The portal combines automation, data intelligence and institutional reach to help fund managers share secure information and connect with appropriate investors during fundraising cycles. Built by With Intelligence, Navigator integrates with the company's Investor Solutions Market Maps to enable live, data-driven matching between investors and funds aligned with their allocation goals. The platform gives managers control over their data whilst providing real-time updates and access to Wilshire's institutional network. Wilshire manages over $123 billion in assets and advises on $1.5 trillion. The platform is now available for fund managers seeking to raise capital more strategically.

Wilshire
Nov 6th, 2025
Wilshire Appoints Todd Cassler as Chief Revenue Officer to Drive Global Growth and Distribution Strategy

Wilshire appoints Todd Cassler as Chief Revenue Officer to drive global growth and distribution strategy. Santa Monica, Calif., November 6, 2025 - Wilshire, a leading investment solutions and analytics platform with over $1.5 trillion in assets under advisement and $125 billion in assets under management, today announced the appointment of Todd Cassler as Chief Revenue Officer (CRO). In this newly created role, Cassler will lead Wilshire's global growth and distribution strategy across its wealth, retirement, alternatives, and data & analytics businesses. He will be responsible for unifying the firm's enterprise and product-led sales motions, expanding partnerships across intermediaries and institutions, and driving revenue acceleration globally. Cassler reports directly to Jason Schwarz, Chief Executive Officer. "Wilshire sits at the intersection of several powerful industry megatrends - the convergence of institutional and retail investing, the democratization of alternatives, and the growing demand for data transparency and fiduciary solutions," said Jason Schwarz, CEO of Wilshire. "We already have an incredibly strong foundation: a trusted brand, luminary client relationships, and deep embeddedness across wealth, retirement, and institutional channels. Todd's experience scaling complex distribution organizations and leading cross-channel growth makes him the ideal leader to convert this positioning into accelerated, durable growth." Cassler joins Wilshire with more than 20 years of experience in financial services, building and leading businesses across wealth management, asset management, and institutional advisory. Before joining Wilshire, Todd served as Chief Growth Officer and Partner at Cerity Partners, where he was a member of the firm's Leadership Team responsible for driving enterprise growth strategy, sales, and execution. Prior to that, he was Chief Strategy & Growth Officer at Mariner, overseeing firmwide expansion initiatives across all business units. Earlier in his career, he held senior leadership roles at John Hancock Investments and Manulife Investment Management, including President of Financial Institutions and Advisory Solutions and Head of Institutional Distribution for the U.S. and EMEA regions. "Wilshire's platform is uniquely positioned - institutional in its depth, but accessible and scalable across wealth, retirement, and alternatives," said Cassler. "Few firms are as well aligned to where the industry is heading - bridging institutional expertise with retail reach. I'm excited to help accelerate this growth and deepen the partnerships that make Wilshire such a trusted and distinctive brand." Cassler's appointment underscores Wilshire's continued investment in scaling its commercial capabilities to meet rising demand from advisors, asset managers, and institutions seeking integrated, cross-channel investment solutions. The firm remains uniquely positioned as a leader in the convergence of institutional and retail investing - combining deep fiduciary expertise, embedded distribution, and proprietary analytics to deliver better outcomes for investors. About Wilshire. Wilshire is a global investment solutions and analytics firm with more than $1.5 trillion in assets under advisement and $125 billion in assets under management.[1] For over 50 years, Wilshire has combined institutional expertise with technology, data, and innovation to help investors, financial intermediaries, and asset managers improve investment outcomes. The firm partners with 300+ institutional investors and financial intermediaries globally across wealth management, retirement, alternatives, and analytics. [1] As of June 30, 2025. Assets under advisement refers to the total amount of assets (inclusive of assets under management) attributable to all of Wilshire's advisory relationships, including various consulting and advisory relationships for which Wilshire provides investment advisory services without engaging, on either a discretionary or non-discretionary basis, in the direct management of a client's portfolio. Assets under management refers to the amount of assets attributable to securities portfolios for which Wilshire provides discretionary and non-discretionary asset management services and is calculated differently than "regulatory assets under management." Prosek Partners [email protected]

Business Wire
Jul 16th, 2025
Wilshire Acquires ParkLexington to Enhance Operations, Profitability, and Performance for Investment Managers

Wilshire Advisors LLC (“Wilshire”), a leading global financial services firm, today announced that it has acquired ParkLexington Advisors, LLC (“ParkLexingto...

Wilshire
Jul 15th, 2025
Wilshire Acquires ParkLexington to Enhance Operations, Profitability, and Performance for Investment Managers

Wilshire acquires ParkLexington to enhance operations, profitability, and performance for investment managers.