Industry veterans strengthen fast-growing firm’s leadership team, further cementing its position as go-to solution for managing concentrated stock positions
Cache, a pioneering fintech company offering specialized products for managing large, concentrated stock positions for individuals and their advisors, announces the appointment of seasoned executives Aaron White, CFP as Head of Investor Solutions and Shang Chou, CQF as Head of Institutional Solutions. These strategic hires assume critical leadership roles at a time when Cache’s modern exchange funds are rapidly gaining wider adoption among advisors and investors.
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Cache Exchange Funds are designed to tackle the challenges of equity concentration, enabling investors to diversify their single stock holdings without triggering immediate capital gains taxes. Cache recently crossed $300 million in managed assets, and employs 14 professionals, charting tremendous growth since launching its first fund in March 2024.
“We’re building a modern solution for a common and growing problem that impacts a wide range of corporate professionals from engineers to executives and CEOs, and investors ranging from timely stock-pickers to family offices,” said Srikanth Narayan, founder and CEO of Cache. “Cache has been challenging the status quo since day one, and we’re thrilled to attract world-class talent like Aaron and Shang. Their leadership will help Cache reach more investors, providing essential tools to navigate equity concentration strategically and efficiently.”
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White joins Cache with nearly 16 years of experience in wealth management, with a specific focus on private investments and tax strategy. Previously, he was Chief Growth Officer at Adero Partners, a registered investment advisor (RIA) with $4.5 billion in assets. At Adero, White advised tech executives, founders, venture capitalists and private equity managers on the complexities of managing concentrated stock portfolios. Prior to his career in wealth management, he provided financial analysis and stock option valuation services (409A) for early-stage companies at a regional accounting firm.
In his role, White will lead the investor solutions team, helping develop a range of products for managing concentrated positions and serving as the liaison for the high-net-worth clients that Cache serves. Contact him for complimentary one-on-one educational sessions about the intricacies of managing concentrated stock positions.
“The trail that Cache is blazing with their exchange funds is inspiring,” said White. “I’ve long admired its value proposition and have even introduced Cache Exchange Funds to advisors and clients at my previous firm. I am now looking forward to working with Srikanth and the team to help take Cache to its next phase of growth.”
Chou will lead the institutional channel at Cache, serving independent RIAs, broker-dealers, and other financial intermediaries to deepen the firm’s relationships across the wealth management community. He brings deep experience building investment and fintech solutions for the asset and wealth management industry. Most recently, he served as Chief Revenue Officer of Tema ETFs, where he developed active equity solutions for financial advisors, family offices, and individual investors. Previously, Chou was Managing Director at Simplify Asset Management, where he was instrumental in launching more than two dozen exchange-traded funds (ETFs), helping scale the firm to more than $5 billion in assets.
“From its inception, Cache stood out to me as a company uniquely positioned to address an essential market need. I knew I wanted to be a part of this high-performing team,” said Chou. “I’m energized by the opportunity to open more doors to exchange funds, establish more industry relationships and leverage my experience with single-stock risk management to expand access to these critical solutions.”
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Source – Businesswire
