Adam Geiger is President and Chief Investment Officer of the New Legacy Group, a multi-disciplinary Registered Investment Advisor. The Group is an SEC registered investment advisory firm that includes investment advisory and other services focused on the needs of families of significant net worth, a fund allocation business, and a direct investment business. The direct investment business includes holdings across multiple sectors including technology, real estate and finance.
Prior to co-founding New Legacy with Joseph Weilgus, Mr. Geiger was Chief Investment Officer of Ivy Asset Management, a leading provider of hedge fund allocation and advisory products and services. During Mr. Geiger's 9½ year tenure, Ivy's assets under management grew from less than $1 billion to more than $16 billion, while the investments staff grew from about one dozen people in two offices to over 45 people in five offices around the world.
Prior to Ivy, Mr. Geiger spent seven years in a senior position on the trading desk at Twenty-First Securities Corp. in New York. As Co-head of Trading, he was responsible for managing several sophisticated investment programs, including a dividend capture strategy, an early form of capital structure arbitrage, two convertible arbitrage strategies and a number of other tax-advantaged trading strategies.
Mr. Geiger began his career in December 1982 at Merrill Lynch in New York City. During the course of his seven years at Merrill, Mr. Geiger developed and executed several sophisticated market-neutral investment strategies for institutional clients. Included among these were dividend capture strategies, index arbitrage and equity options arbitrage.
Mr. Geiger holds a Bachelor of Science in Economics, cum laude, from the State University of New York at Albany and has been a Chartered Financial Analyst and member of the CFA Institute and New York Society of Securities Analysts since 1994. He also serves on the Board of Trustees of the Middlebridge School of Narragansett, RI. He currently resides in Dix Hills, NY with his wife and two daughters.