President and CEO
Fiduciary Network, LLC
Mark Hurley founded Undiscovered Managers, LLC, a mutual fund and money management services distribution company that marketed products to registered investment advisors, which was sold to JP Morgan in 2004. Prior to forming this company, he was a managing director at Merrill Lynch & Co., where he was responsible for worldwide marketing, client services, and product development of its institutional asset management business. Mr. Hurley was a vice president of Goldman, Sachs & Co. from 1992 through 1995 and was in charge of the Investment Management Industry Group (IMIG). While at Goldman Sachs, he co-authored two major research papers on the investment management business: The Changing Economics of the Mutual Fund Business and The Coming Evolution of the Asset Management Business. From 1990 to 1992, he was a Schedule C Presidential appointee in the Bush Administration at the Office of Thrift Supervision, the bureau of the US Department of the Treasury responsible for overseeing the clean up of the savings and loan mess. As director of resolutions, Mr. Hurley helped sell more than 600 financial institutions and nearly $1 trillion in assets. Before joining the government, he was an associate in the fixed-income department of Goldman Sachs & Co.