Frank Picarelli

Frank Picarelli is a Senior Vice President in the New York office of Segal Marco Advisors, where he has built a career spanning more than 35 years across all aspects of defined contribution (DC) consulting and plan administration. His experience is drawn from multiple vantage points within the retirement industry — banking, insurance, mutual fund, and consulting-firm perspectives — which he applies to advising plan sponsors on the design, administration, and oversight of their retirement programs. He is a graduate of Queens College in New York.

At Segal Marco Advisors, Picarelli specializes in defined contribution plan consulting and in vendor evaluation and selection services for a diverse client base. His core responsibilities include selecting and evaluating DC service providers, assisting clients with plan design and administrative and regulatory compliance, managing plan implementations and conversions, and providing investment monitoring and evaluation services. Earlier in his career he managed the installation and administration unit at a major financial institution, overseeing participant recordkeeping and investment-management services — background that informs his hands-on approach to plan conversions and provider oversight. He has been quoted in numerous business and trade publications on retirement-plan topics.

Segal Marco Advisors, his firm, is one of the largest U.S.-based investment consultancies, advising several hundred institutional clients on portfolio management, asset allocation, investment strategy, asset-liability modeling, performance measurement, and implemented (OCIO-style) investment solutions. Within that platform, Picarelli's practice sits on the defined contribution side, serving corporate, public, and multiemployer plan sponsors rather than allocating capital into early-stage companies.

• Works at the institutional level: advises retirement plan sponsors (defined contribution / 401(k)-type plans), not at the startup seed/angel level.
• Focus areas are DC plan design, provider/vendor selection and evaluation, fee and compliance oversight, and investment-lineup monitoring for institutional clients.
• Value proposition is independent, conflict-aware evaluation of recordkeepers, investment managers, and plan services on behalf of fiduciaries.
• No publicly stated personal angel/venture thesis, check size, or target startup profile could be verified; those fields are therefore omitted rather than guessed.