Our Expert Network for Patient Capital Investors
Funston Advisory Services (FAS) maintains a national bench of seasoned public-fund leaders and specialists across governance, investments, enterprise operations, risk, audit, and compliance.
We assemble expert teams based on the decision context, risk profile, and stakeholder environment of each engagement — assuring clients receive precisely the expertise required, without conflicts or unnecessary layers.
Our model is structured around FAS’s Four Lines of Accountability to the Board, aligning expertise to how institutional investors are actually governed.
Our clients face multidimensional challenges — governance architecture, enterprise risk, operational integrity, investment oversight, fiduciary compliance, and stakeholder accountability.
FAS brings together (Flip Tiles):
Former CEOs, CIOs, and senior investment leaders
Enterprise (ERM, legal, HR, IT), middle- and back-office executives
Chief Audit Executives, legal and compliance leaders
Independent governance and risk specialists
Rather than deploying fixed teams, we assemble purpose-built combinations of expertise to match each client’s mandate, complexity, and statutory environment.
Every engagement is led and quality-controlled by FAS leadership.
Depth Where It Matters. Breadth When Needed.
Fiduciary Independence
FAS is intentionally structured to avoid conflicts that can compromise fiduciary advice.
We do not provide:
Investment management
Brokerage services
Actuarial services
Custody
Implementation outsourcing
Our experts are engaged for their judgment, experience, and independence — not for cross-selling or product delivery.
Institutional credibility depends on objectivity. We protect it rigorously.
THE FOUR LINES OF ACCOUNTABILITY
FAS structures its expertise around the way boards govern and steward long-horizon capital.
This model mirrors real-world governance structures and assures a balanced perspective across operational execution, control functions, assurance, and independent oversight.
Managing Leadership (Governance and Risk Experts)
Frederick (Rick) Funston
Evan Norton
Randell (Randy) Miller (ret.)
Front Office — Executive & Investment Leadership
Susan Lau
Steve Case
Mario Pardo
Bruce H. Cundick
Shar Kassam
Stefan Ranzlov
Middle, Back & Enterprise Functions
Matthew (Matt) Jacobs
Michael Gold
Shankar Subramanian
Steven J. Ross
Abdall Mazhar Shafi
Kelly Kenneally
Khadijeh Kamyab
Our Values
At Funston Advisory Services, our work is guided by four principles that define how we serve institutional investors:
Tell You what you need to hear.
Evidence-based insights, even when they challenge prevailing assumptions.
Fix the problem, not the blame.
Forward-looking solutions that strengthen systems rather than assign fault.
One Size Fits One.
Tailored methodologies aligned to each organization’s mandate, culture, and statutory environment.
No surprises.
Transparent communication and disciplined engagement cadence.