(PM) Wiesbaden, 12.11.2009 - Daniel P. Nolan has joined Johnson Illington Advisors, LLC as a Managing Director and a member of the firm. In his new role with Johnson Illington, he will be responsible, along with Chairman and Chief Executive Officer, Hugh Johnson, for developing strategy for the growth of the firm, including the development of new avenues of business and new revenue sources. Mr. Nolan will also share oversight responsibilities of the firm with Mr. Johnson.
Hugh Johnson commented, “Everyone at Johnson Illington feels very fortunate to have an investment professional who has such a solid record of success join our organization. Dan clearly brings to us the investment and financial planning skills combined with top-notch management experience that will guide our firm as we move to the next level. This is a solid plus for the employees, the clients and the future of Johnson Illington.”
Mr. Nolan said, “I have known Hugh Johnson for over twenty years and have respected his work and admired his investment skills. It is a privilege for me to be to be joining Hugh and his team of investment professionals at this juncture in firm’s development.”
Dan Nolan is a principal in NPV Capital, LLC, a private equity and real estate investment firm that he formed in July, 2007. Prior to that, he was a partner in the Ayco Company, L.P, a wholly owned subsidiary of Goldman Sachs. During his twenty eight year career at Ayco, Mr. Nolan provided tax, investment and financial planning advice to Ayco’s highest net worth clients. He served as a Regional Vice President of two of Ayco’s regional offices and held a variety of management positions, serving on both the Senior Management Committee and the Strategic Planning Committee. He founded and led the firm’s Special Investment Group, creating venture capital, private equity and hedge fund opportunities for the firm’s clients. In July, 2003, Ayco was sold to The Goldman Sachs Group and Dan became Senior Vice President – Strategic Alliances. Working from Goldman’s New York City headquarters, he led the effort to integrate Ayco into Goldman’s Private Wealth Management practice. Mr. Nolan also had responsibility for the Goldman Sachs Family Office which provided financial advisory services to the partners of Goldman Sachs.
Johnson Illington Advisors is an SEC-registered investment advisory firm located in Albany, New York that provides asset management and investment consulting services to high net worth individuals, endowments and institutional clients.