What Makes Us Different?


operate in a conflict-free environment where your institutional interest is our only interest.


create custom solutions to meet your institutional objectives and to overcome challenges.


work with your existing infrastructure and service providers to gain administrative and cost efficiencies.


communicate developing regulations and current issues and trends while taking into account your institution’s evolving circumstances and expectations.

The Process

Investing is not just a destination; it’s also a journey. See how our disciplined investment process helps us tailor investment portfolios to your goals and aspirations.

Discover Our Process

Chao & Company’s institutional investment service provides two types of outsourced CIO services:

Non-Discretionary Management

We act as a non-discretionary investment manager, assisting and counseling institutions in managing their portfolio though a disciplined process based on an agreed to a well-defined investment policy.

Learn More

Discretionary Management

We act as an investment manager with full discretion in making investment selection and portfolio management decision through a transparent process that is based on an agreed to investment policy.

Learn More

Looking for a speaker on active vs. passive debate, how the current macroeconomic environment affects portfolio construction, or other portfolio construction and management topics? Consider booking Philip Chao, Principal and CIO of Chao & Company.

"Philip has spoken several times at SPARK conferences, on topics that include investment trends and the changing needs of retirement plan sponsors.  My members found Philip engaging, passionate and insightful. His presentation style is charming and full of real world experiences that he draws from his work with clients. "

Tim Rouse, Executive Director, The SPARK Institute, Inc.

Institutions and Endowments Latest

ECB Press Conference September 12, 2019 – What Has Changed?

Summary  ·       As reflected in the new staff projections, expecting a more protracted weakness of the euro area economy, the persistence of prominent downside risks and muted inflationary...

FOMC July 2019 Press Release Language Change

FOMC cut rates by 25bp and stopped shrinking its balance sheet 2 months earlier than scheduled. The market was hoping for more cuts and more clarity in the policy path going forward from Chair Powell...

ECB Press Conference July 25, 2019 – What Has Changed?

Summary Keep ECB interest rates unchanged and expect them to remain at their present or lower levels at least through Q2 of 2020. (unchanged) Intends to continue reinvesting, in full, the principal...