LANCASTER, Pa.--(BUSINESS WIRE)--Emerald Asset Management, Inc., an investment holding company with approximately $5.4 billion in assets as of December 31, 2017, has announced that subsidiary company Emerald Advisers, Inc. has hired Mark F. Schlegel, CFA as Senior Vice President – Client Relations & Business Development. His responsibilities include maintaining and expanding Emerald’s extensive relationships with consultants and institutions, working in collaboration with Emerald’s portfolio management, sales and client services teams, as well as expanding sales efforts and cultivating new clients.

“We have known Mark for a number of years and are excited to put his considerable talent and experience to work on behalf of Emerald and our clients,” said Emerald Advisers President & CIO Kenneth G. Mertz II, CFA.

Mr. Schlegel has over 20 years of experience launching, growing and operating organizations in the asset management industry. His diverse experience and expertise during his career has included business development, acquiring and cultivating client relationships, institutional investment consulting, equity analysis and operations. He has held senior management positions serving in roles that range from President to Director of Sales and Marketing and most recently Chief Operating Officer and Head of Business Development of TFS Capital LLC.

“We have always put our clients first, and the addition of Mark Schlegel to our team underscores this commitment,” said Emerald Asset Management Founder & CEO Joseph E. Besecker. “We welcome Mark and the wealth of experience he brings,” Mr. Besecker said.

Founded in 1991, Emerald Asset Management, Inc. is a diversified investment management company that operates through its subsidiaries Emerald Advisers, Inc., Emerald Mutual Fund Advisers Trust, Emerald Separate Account Management LLC, Emerald Direct Lending Advisers LLC and EmStone Advisers LLC. Assets managed by these companies totaled approximately $5.4 billion as of December 31, 2017. “Driven by Research,” Emerald employs an intense fundamental, research-focused investment philosophy and focuses primarily on growth- and value-oriented equity investing and income-oriented investing. Emerald and its subsidiaries maintain offices in King of Prussia and Pittsburgh, Pennsylvania, and Cleveland, Ohio. Its global headquarters are located in Leola, PA.