LINCOLNSHIRE, Ill., July 17, 2012 /PRNewswire/ -- Hewitt EnnisKnupp, an Aon plc company (NYSE: AON) with more than 460 clients and $2 trillion in assets under advisement, today announced it has established an Institutional Advisory Solutions practice that will provide a full spectrum of institutional investment management solutions to financial services organizations around the world, including insurance companies, private banks, broker dealers and ultra high net worth platforms.

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The newly formed practice will provide clients with tailored solutions including asset allocation, investment manager research, risk management and portfolio construction advisory as well as custom alternative solutions across hedge funds, private equity and real estate.

"Institutional investing is becoming increasingly complex, and financial services organizations are looking for a trusted and independent advisor with global reach and extensive experience across investment consulting, risk management and actuarial services," said Steve Cummings, president and chief executive officer of Hewitt EnnisKnupp. "As the leading investment consulting firm in the world, expanding into the advisory solutions market is a natural extension of our business. We are able to leverage our deep investment expertise, world-class platforms and global reach to provide a wide range of tailored solutions to meet the needs of this market."

To lead its Institutional Advisory Solutions practice, Hewitt EnnisKnupp has hired J.J. Wilczewski, who brings more than 16 years of industry experience. Most recently, Wilczewski led global business development for Wilshire Associates and played a key role in building Wilshire's fund management and hedge fund managed account efforts. Prior to joining Wilshire, he spent over a decade at Van Kampen Investments.

"As one of the largest investment consulting firms in the world, Hewitt EnnisKnupp is committed to having best-in-class advisory solutions capabilities," added Cummings. "J.J. is a seasoned professional who brings hands-on, tangible fund management experience to our team—a quality that's unique and highly desirable in our industry. Under his leadership, we are strengthening our ability to meet increasing client needs and the growing market demand we're seeing for advisory solutions." 

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About Hewitt EnnisKnupp

Hewitt EnnisKnupp, Inc., an Aon company, provides investment consulting services to over 460 clients in North America with total client assets of over $2 trillion. Our 238 investment consulting professionals, a result of the merger of Hewitt Investment Group, Ennis, Knupp & Associates, and Aon Investment Consulting advises clients ranging in size from $3 million to over $740 billion and includes endowments, foundations, corporate and public pension plans. For more information, please visit www.hewittennisknupp.com.

About Aon

Aon plc (NYSE: AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 61,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world's best broker, best insurance intermediary, reinsurance intermediary, captives manager and best employee benefits consulting firm by multiple industry sources. Visit www.aon.com for more information on Aon and www.aon.com/manchesterunited to learn about Aon's global partnership and shirt sponsorship with Manchester United.

Media Contact:
MacKenzie Lucas, 847-442-2995, mackenzie.lucas@aonhewitt.com
Maurissa Kanter, 847-442-0952, maurissa.kanter@aonhewitt.com

SOURCE Aon plc