Wilshire Associates Appoints Davanzo as President

Wilshire Associates Incorporated has named Lawrence Davanzo as president of the firm, with Dennis Tito, one of the firm’s founders, retaining his role as Chairman and Chief Executive Officer.

According to a press release, Davanzo was most recently Senior Managing Director of Wilshire Funds Management, but will now focus on asset management.

Davanzo first joined Wilshire Associates in 1977 and founded the consulting business unit in the early 1980’s. From 1977 to 1991 he helped build the firm during a time when revenues grew significantly.

He left Wilshire Associates in 1991 to found Asset Strategy Consulting, which he merged with Plan Sponsor Exchange in 2000 to form InvestorForce, an internet technology platform serving institutional investors.