Timothy D. O’Hara is the new president
and chief executive officer of The Ayco
Effective this year, he succeeded Joel L.
Schaller, who remains a part of Ayco’s executive
office as strategic advisor. Schaller
will assist with strategic relationships and
O’Hara began his Ayco career in 1995 in
the firm’s Encompass unit, which provides
family office services to high-net-worth
individuals and families, and became the
head of Encompass in 2002. In 2009, he
was promoted to executive vice president
with responsibility for Ayco’s insurance and
Most recently, O’Hara has run Ayco’s dayto- day operations as president and chief operating officer.
O’Hara earned an accounting degree from LeMoyne College in 1991 and a juris doctorate from Albany Law School in 1996. He is a certified public accountant and holds various securities licenses.
Additionally, Ayco has promoted Emmett T. Clancy, Robert F. Fritz and John P. Mastriani to executive vice president reporting to O’Hara. Joseph D. Rigabar and Kelly A. Anderson were promoted to senior vice president.
Rigabar will head the firm’s New York Counseling Region, and Anderson will head Ayco’s Investment Services Group.
The Ayco Company LP a Goldman Sachs Company, was incorporated in 1971 and is a provider of comprehensive financial counseling and education services for corporate executives and employees as well as high-net-worth individuals and families.
Ayco employs nearly 1,400 people nationwide, with over 800 in the Capital District, and its clients include more than 10,000 executives at nearly half of the Fortune 1000 companies.
The Goldman Sachs Company is a global financial-services firm providing investment- banking, securities and investment management services.
Photo Courtesy of The Ayco Co. LP