Hedgia is proud to announce that Shannon M. Kennedy has joined as Chair of the Advisory Board. Kennedy brings nearly four decades of executive leadership in wealth management and financial services at some of the world's most prominent institutions.
Most recently, Kennedy served as CEO of BMO Wealth Management U.S., where she led a business managing $66 billion in assets under management, generating $800 million in revenue across 20 states with 1,200 employees. During her tenure, she increased Return on Equity from 10% to 14%, exceeded Net Income After Tax targets, and drove over $1 billion in new investment assets through retail cross-sell initiatives.
As an SEC Qualified Financial Expert, Kennedy has navigated the highly regulated financial services landscape throughout her career, providing governance and expertise on critical regulatory matters to the SEC and OCC. Her experience spans executive leadership at BMO (NYSE: BMO), BNY Mellon (NYSE: BK), and The Northern Trust Company (NASDAQ: NTRS).
Kennedy also served as Board Chair of BMO Delaware Trust, Global President of BMO Family Office overseeing $22 billion in AUM, and President of U.S. Markets at BNY Mellon Wealth Management. She was recognized as one of American Banker's Most Powerful Women in Banking from 2022 to 2024.
Career Highlights
Former CEO of BMO Wealth Management U.S. overseeing $66B AUM, $800M revenue, and 1,200 employees across 20 states
SEC Qualified Financial Expert with 38 years of Fortune 500 financial services leadership
Board Chair of BMO Delaware Trust and Global President of BMO Family Office ($22B AUM)
Named American Banker's Most Powerful Women in Banking, 2022–2024
Senior leadership roles at BNY Mellon Wealth Management and The Northern Trust Company
“Shannon's decades of leadership at the highest levels of wealth management bring unmatched credibility and insight to Hedgia. Her expertise in regulatory compliance, business building, and governance will be instrumental as we continue to make hedge fund creation accessible to more fund managers.”
— Hedgia Team