Nick Panitsas
About Nick Panitsas
Nick Panitsas is a Senior Portfolio Manager and Head of Tax-Managed Equity / Direct Indexing at Geode Capital Management, where he has worked since 2014. He has extensive experience in portfolio management and financial services, having held various positions at prominent firms including Fidelity Investments and Financial Engines.
Work at Geode Capital Management
Nick Panitsas has served as the Senior Portfolio Manager and Head of Tax-Managed Equity / Direct Indexing at Geode Capital Management since 2014. In this role, he oversees the management of tax-efficient investment strategies and the development of direct indexing solutions. His leadership contributes to the firm's capabilities in managing substantial discretionary assets, enhancing the investment experience for clients.
Previous Experience in Financial Services
Prior to his current role, Nick Panitsas held various positions in the financial services sector. He worked at Financial Engines as a Research Strategist from 2013 to 2014 and previously served as a Senior Portfolio Manager there from 2012 to 2013. His tenure at Fidelity Investments spanned several roles, including Portfolio Manager, Director of Product Management for Managed Accounts, and Director of High Net Worth Segment Management from 2005 to 2012.
Education and Expertise
Nick Panitsas holds an MBA from the MIT Sloan School of Management and a Bachelor of Science in Mechanical Engineering from The Johns Hopkins University. His educational background provides a strong foundation in both management and technical disciplines, contributing to his expertise in portfolio management and investment strategies.
Development of Portfolio Management Platform
Nick Panitsas designed and supervised the development of a proprietary portfolio management and Direct Indexing platform that supports over $900 billion in discretionary assets. This platform enhances the efficiency and effectiveness of investment management, reflecting his significant contributions to the field.
Acquisition Agreement with Fidelity Investments
In July 2021, it was announced that the Tax-Managed Equity / Direct Indexing business and technology platform led by Nick Panitsas at Geode Capital Management is under agreement to be acquired by Fidelity Investments. This agreement highlights the strategic importance of the platform within the investment management landscape.