Douglas. B. Grochowski, is a Vice President in the Trust Advisory Group. He contributes to the day-to-day functions of the Trust Advisory Group working with clients, reporting, monitoring and custodian oversight. He also contributes to the Legal and Compliance work related to the Trust Advisory Group.
Prior to joining Callan, Doug worked for Wilmington Trust, a Callan partner, as the Director of Collective Fund services. Doug was responsible for the creation and growth of the Collective Fund team. This included the implementation of new fund accounting and reporting software as well as developing industry leading policies and procedures. He was responsible for the audits and financial statements for over 100 Collective Funds and the reconciliation of over 1,000 client accounts. Doug also oversaw the NSCC trading, operations and revenue collection teams during his time with Wilmington Trust. Assets in the Collective Funds grew over $10 billion and reconciliation times were reduced from 90 days to 30 days during his tenure. In addition, revenue collection was decreased over 90%. Doug also served as a Relationship Manager for the Collective Fund Services team at SEI, a Callan partner. While at SEI, he was part of a team that converted over $11 billion in assets to the SEI book of business.
Doug has also built and run Fund Accounting and Operations teams with previous employers including Legg Mason and AST Trust Company.
Doug graduated with an MS in Forensic Studies (accounting) from Stevenson University and a BS in Finance from the University of Delaware.