Jose Dios and Douglas Reid have left the Sciens Capital Management in New York to become partners at OpenArc Capital Management, a wealth management firm offering an open architecture suite of managers and products. The firm’s aim is to be custody neutral (so a client can retain its own custodian) and the assets are invested across investment strategies rather than asset classes.
Prior to joining OpenArc, Dios was a senior managing director at Sciens Capital Management, having joined the firm from Fairfield Heathcliff Capital. Before that, he was a managing director at Citigroup.
Reid, most recently president at