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|Partner, RIA Services|
R. Mark Pennington is responsible for managing Lord Abbett's strategic relationships with the Registered Investment Advisors.
Mr. Pennington, who has more than 30 years of experience in the financial services industry, joined Lord Abbett in 1989 as a Regional Manager in Atlanta. From 1990–99, he was a Regional Manager in New York. He was made Northeast Divisional Manager in 1996, and became a Partner in 1998. He was appointed Director of Separately Managed Accounts in 1999 and Director of the Strategic Relationship Group in 2005.
Before joining Lord Abbett, Mr. Pennington worked in corporate finance and institutional equity research sales at Morgan Stanley Dean Witter.
Mr. Pennington is an active member of the Investment Management Consultants Association and former chairman of its regional education conferences. He is a board member and a former chairman of the Money Management Institute, the trade association for advisory-based businesses. He has been quoted on numerous occasions in The Wall Street Journal, Barron's, and The New York Times as an industry spokesman for the wealth management industry.
Mr. Pennington earned a BA from the University of Texas. He also is a holder of a Certified Investment Management Analyst ℠ (CIMA®).