CNR appoints 20-year veteran Joseph Handelman to oversee equity strategy, guide investment decisions, and implement strategic initiatives to enhance the performance of the equity portfolio.

NEW YORK —City National Rochdale today announced the appointment of Joseph Handelman as the firm’s new head of equity strategy.

With more than 20 years of experience in the finance industry, Handelman brings to the firm a history of investment strategy development and performance optimization. He joins CNR from Cohen & Steers, where he led performance optimization initiatives across equity and multi-asset strategies as managing analyst and head of Portfolio Solutions. Prior roles included serving as global head of portfolio construction and risk for the endowments and foundations group at J.P. Morgan Asset Management and as a quantitative researcher and strategist at Credit Suisse. Handelman holds a Master of Business Administration from NYU Stern School of Business with dual specializations in quantitative finance and financial markets and a bachelor’s degree in Mathematics and Computer Science from Tufts University. He is a Chartered Financial Analyst (CFA) charterholder.

At CNR, Handelman leads the firm’s equity strategy and equity investment management team, guiding investment decisions and implementing strategic initiatives to enhance the performance of the equity portfolio. Working closely with CNR’s portfolio managers, he helps to shape the firm’s client-centered equity investment offering. Handelman is based in the firm’s New York office.

“Joe has an impressive track record of leveraging technology, quantitative analysis and a deep understanding of market dynamics to deliver exceptional investment results for clients,” said Charles Luke, chief investment officer at City National Rochdale. “His commitment to data-driven decision-making, collaboration and innovation will play a crucial role in driving the firm’s investment strategy forward and ensuring that City National Rochdale continues to meet the evolving needs of our clients.”

“City National Rochdale has an incredibly talented team,” said Handelman. “I look forward to contributing to the firm’s mission of delivering superior investment solutions and helping our clients achieve their financial goals.”

 

About City National

City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92 billion in assets as of July 31, 2024. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $101 billion in client investment assets. City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves.

For more information about City National, visit the company’s website at cnb.com.

 

*City National Bank does business in Miami and the state of Florida as CN Bank.

 

About City National Rochdale

For more than 30 years, City National Rochdale, LLC (CNR) has specialized in intelligently personalized portfolio management for high-net worth individuals, families and institutions, and provides clients with service that relates all investment decisions to each client’s personal benchmark. Headquartered in Beverly Hills and New York City with offices around the country, CNR currently manages over $66.3 billion in assets (as of 7/31/2024). CNR is an SEC-registered investment adviser and wholly-owned subsidiary of City National Bank. Registration as an investment adviser does not imply any level of skill or expertise.  For more information, visit www.cnr.com.