About
Darol Ryan is a Managing Partner at Main Management, LLC, based in San Francisco, CA. He joined the firm in 2019 and oversees the institutional advisor business, focusing on delivering ETF-based portfolio solutions and risk-managed strategies for high-net-worth and institutional clients. At Main Management, he plays a central role in risk management and client relationship efforts, particularly within the firm's U.S. and international investment advisory offerings.
Prior to Main Management, Darol held senior roles at major investment banks including Morgan Stanley, where he led the International Equity Flow Derivatives business for Europe and subsequently Asia, with extensive experience in structuring and trading derivatives for global institutional clients. He has also served as the founder of TLD Capital and started his career at Banc of America Securities, building deep expertise in equity derivatives and global multi-asset class strategies.
Darol holds a Bachelor's degree from the University of California, Berkeley, has completed Mandarin studies at Middlebury College, and attended summer programs at both Stanford and the University of Oxford. His specific areas of expertise include exchange-traded funds (ETFs), derivatives, and cross-border portfolio construction, serving sophisticated investor needs across equity and alternatives-focused strategies.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Main Management, LLC | Managing Partner | Oct 2019 to Present | |
| TLD Capital | Founder | Aug 2017 to Sep 2019 | — |
| Morgan Stanley | Executive Director- Head of Equity Flow Derivatives in Asia. Head of Import Derivs NYC and SF | Jan 2010 to Aug 2017 | — |
| SCHOTTENFELD & CO | Portfolio Manager | Nov 2008 to Dec 2010 | Ran a proprietary trading book. |
| J.P. Morgan | Executive Director | Jan 2006 to Mar 2008 | Equity Flow Derivative Sales |
| Bank of America | Executive Director | Jun 2001 to Jun 2006 | Traded flow derivatives and ETFs. Developed and distributed both quantitative and fundamental trading ideas within a strategy group. Before that communicated investment and trading ideas from analysts... |
Education
University of California, Berkeley
1998 — 2001
Middlebury College
University of Oxford
Summer Program
Skills & Expertise
Others at Main Management LLC (2)
| Name | Role | Location |
|---|---|---|
B Blaine Docker | Managing Partner | San Francisco, CA , United States |
A Alex Dippery | Investment Research Analyst | San Francisco, CA , United States |