Key Takeaways
- • Angeles Investment Advisors (AIA), an outsourced chief investment officer for endowments, foundations and nonprofits, appointed Shannon Morton, CFA, as Senior Managing Director, according to a Business Wire release.
- • Morton brings 30 years of global asset management and institutional advisory experience and will be based in Houston, Texas, advising foundations, endowments and nonprofits on strategy, asset allocation, portfolio construction and risk management.
- • Morton most recently served as Senior Vice President and Senior Investment Officer at Northern Trust, where she led the West Region investment team for its Foundation and Institutional Advisors group.
- • The appointment supports Angeles' expansion in Texas, where AIA, Angeles Wealth Management and Angeles Family Office advise approximately $15 billion in assets for clients across the state.
- • AIA reported $7.7 billion in discretionary assets and $36.2 billion in advisory client assets as of June 30, 2026.
Summary
Angeles Investment Advisors ("AIA") announced the appointment of Shannon Morton, CFA, as Senior Managing Director, according to a Business Wire release datelined Santa Monica, Calif. AIA is an outsourced chief investment officer for endowments, foundations and other nonprofit institutions, founded in 2001 and serving as a co-fiduciary and extension of its clients' investment teams. The firm's services span portfolio management, manager selection, governance, operations and reporting.
Based in Houston, Morton brings 30 years of experience in global asset management and institutional investment advisory. She will advise foundations, endowments and nonprofit institutions on investment strategy, asset allocation, portfolio construction and risk management. Before joining AIA, she was Senior Vice President and Senior Investment Officer at Northern Trust, where she led the West Region investment team for the Foundation and Institutional Advisors group and helped lead the national investment team. Earlier roles include director and investment strategist at BlackRock within the BlackRock Investment Institute, and senior investment and leadership positions at AllianceBernstein, Covariance Capital Management and Invesco/AIM Investments. Morton holds a BBA in Finance from the University of Texas at Austin and serves on the investment committee of Community Health Choice, a Texas-based nonprofit managed care organization.
CEO Howard D. Perlow said Morton's experience in global markets and portfolio construction strengthens the investment team as Angeles expands its institutional presence in Texas and beyond. Together, AIA, Angeles Wealth Management (AWM) and Angeles Family Office (AFO), which operate offices in Dallas and Houston as well as Santa Monica and New York City, advise approximately $15 billion in assets for clients across Texas. According to the firm's disclosures, AIA oversees $7.7 billion in discretionary assets and $36.2 billion in advisory client assets as of June 30, 2026, while AWM manages over $3.1 billion in assets under management as of the same date. All three entities are SEC-registered investment advisers.
Based in Houston, Morton brings 30 years of experience in global asset management and institutional investment advisory. She will advise foundations, endowments and nonprofit institutions on investment strategy, asset allocation, portfolio construction and risk management. Before joining AIA, she was Senior Vice President and Senior Investment Officer at Northern Trust, where she led the West Region investment team for the Foundation and Institutional Advisors group and helped lead the national investment team. Earlier roles include director and investment strategist at BlackRock within the BlackRock Investment Institute, and senior investment and leadership positions at AllianceBernstein, Covariance Capital Management and Invesco/AIM Investments. Morton holds a BBA in Finance from the University of Texas at Austin and serves on the investment committee of Community Health Choice, a Texas-based nonprofit managed care organization.
CEO Howard D. Perlow said Morton's experience in global markets and portfolio construction strengthens the investment team as Angeles expands its institutional presence in Texas and beyond. Together, AIA, Angeles Wealth Management (AWM) and Angeles Family Office (AFO), which operate offices in Dallas and Houston as well as Santa Monica and New York City, advise approximately $15 billion in assets for clients across Texas. According to the firm's disclosures, AIA oversees $7.7 billion in discretionary assets and $36.2 billion in advisory client assets as of June 30, 2026, while AWM manages over $3.1 billion in assets under management as of the same date. All three entities are SEC-registered investment advisers.
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