Jay Karpen

Jay Karpen is Vice President and Portfolio Manager at Whittier Trust Company of Nevada, based in Reno. He manages multi-asset class portfolios—including equities, fixed income, and alternative investments—for high-net-worth individuals and families, providing custom solutions tailored to each client’s unique objectives and legacy goals. As a member of Whittier Trust’s Alternatives Team, Jay specializes in manager selection, due diligence, and sourcing of outside investment opportunities, with experience spanning global equities, private equity, hedge funds, and real assets. His expertise extends to working with ultra-high-net-worth clients and navigating complex wealth management, trust, and estate matters.

Before joining Whittier Trust, Jay was an Investment Manager at City of Hope, where he oversaw a multi-billion-dollar endowment portfolio and contributed to allocations across public and private markets worldwide. He also served as Treasurer and Manager of Alternatives at M. Safra & Co. Inc., a prominent single-family office, further deepening his background in alternatives and multi-asset investing.

Jay holds a bachelor’s degree cum laude in Economics and Government from Connecticut College, completed coursework at the University of Oxford, and is a CFA® charterholder as well as a Certified Trust and Fiduciary Advisor (CTFA). He currently serves in leadership roles on philanthropy boards, reflecting his commitment to community engagement and thought leadership in investment management for multi-generational wealth.