Marshall Raucci

Marshall Raucci, Jr. is a long-tenured investment professional who joined Prime Buchholz (an independent, employee-owned institutional investment consulting firm founded in 1988 and headquartered in Portsmouth, New Hampshire) in 1996. At Prime Buchholz he served as a Managing Principal and investment consultant, advising endowments, foundations, and other nonprofit institutions on asset allocation, manager selection, and portfolio oversight. He is credited with more than four decades of investment-industry experience, and his LinkedIn now lists him as a retired Managing Principal, indicating he has stepped back from full-time consulting.

Before Prime Buchholz, Raucci was Executive Vice President and Managing Director at Fleet Investment Services, a multi-discipline investment arm of Fleet that managed roughly $45 billion in assets. Earlier in his career he also held senior administrative positions in higher education, giving him a dual perspective on both institutional money management and the nonprofit/endowment clients Prime Buchholz serves.

Raucci holds a B.A. from Marist College and an M.S. from SUNY College at Buffalo (Buffalo State). He has been active in institutional governance, serving on the Providence College Board of Trustees' Investment Committee (overseeing the college endowment), as a member of Providence College's National Board of Overseers and President's Council, as a trustee of Roger Williams University, and on the board of directors of CharterCARE Health Systems, where he chaired the investment committee.

He is closely tied to Providence College as a parent ("'04P" — his son Marshall Raucci graduated in 2004). In 2010, Raucci and his wife, Dr. Marian Mattison, gave $50,000 in seed funding to launch Providence College's Student Managed Investment Fund (SMIF), a program that lets finance students manage real money alongside the school's endowment. He has also participated in the college's student Investment Club forecast forums.

• Institutional, not venture. His professional mandate is advising endowments, foundations, and nonprofits on total-portfolio construction — asset allocation, manager due diligence, risk monitoring — rather than making direct startup investments.
• Multi-asset-class, long-horizon. Prime Buchholz builds diversified institutional portfolios spanning public equities, fixed income, hedge funds, private equity/venture (as an allocator), and real assets.
• Independence and fiduciary alignment. Prime Buchholz markets itself as a "completely independent" advisory firm (a certified B Corp), emphasizing conflict-free, client-first advice — the framework within which Raucci operated.
• Belief in hands-on financial education. In his own words on the SMIF gift, Raucci holds that managing "real money" teaches deeper understanding and critical thinking than classroom instruction alone — a rare piece of his stated philosophy on the record.