Last updated: 16 May 2024 at 4:36pm EST

Peter Bain Net Worth




The estimated Net Worth of Peter L Bain is at least $77.3 Million dollars as of 10 August 2017. Mr. Bain owns over 98,145 units of Virtus Investment Partners Inc stock worth over $65,603,216 and over the last 21 years he sold VRTS stock worth over $11,648,088. In addition, he makes $44,917 as Independent Director at Virtus Investment Partners Inc.

Mr. Bain VRTS stock SEC Form 4 insiders trading

Peter has made over 21 trades of the Virtus Investment Partners Inc stock since 2005, according to the Form 4 filled with the SEC. Most recently he sold 98,145 units of VRTS stock worth $1,337,716 on 10 August 2017.

The largest trade he's ever made was selling 273,885 units of Virtus Investment Partners Inc stock on 7 August 2017 worth over $3,891,906. On average, Peter trades about 5,373 units every 26 days since 2003. As of 10 August 2017 he still owns at least 336,444 units of Virtus Investment Partners Inc stock.

You can see the complete history of Mr. Bain stock trades at the bottom of the page.





Peter Bain biography

Peter L. Bain serves as Independent Director of the Company. Mr. Bain served as President, Chief Executive Officer and Director of OM Asset Management, a global multi-boutique asset management firm, (now known as BrightSphere Investment Group) from 2011 to 2017. From 2001 until 2009, he held various positions at Legg Mason, a global asset management firm, including Senior Executive Vice President from 2004 to 2009, head of affiliate management and corporate strategy from 2008 to 2009 and as chief administrative officer from 2003 to 2005. Prior to that time, he was with Berkshire Capital Securities from 1991 to 2000 where he served as Managing Director from 1995 to 2000, and earlier at Merrill Lynch & Co. in various roles from 1987 to 1990. Mr. Bain brings to our board demonstrated leadership experience in the asset management industry. Furthermore, Mr. Bain’s extensive experience with a wide array of corporate finance and operational matters positions him well to serve as a member of our Board and Audit and Compensation Committees.

What is the salary of Peter Bain?

As the Independent Director of Virtus Investment Partners Inc, the total compensation of Peter Bain at Virtus Investment Partners Inc is $44,917. There are 15 executives at Virtus Investment Partners Inc getting paid more, with George Aylward having the highest compensation of $7,314,000.



How old is Peter Bain?

Peter Bain is 61, he's been the Independent Director of Virtus Investment Partners Inc since 2019. There are 7 older and 14 younger executives at Virtus Investment Partners Inc. The oldest executive at Virtus Investment Partners Inc is Mark Treanor, 73, who is the Non-Executive Independent Chairman of the Board.

What's Peter Bain's mailing address?

Peter's mailing address filed with the SEC is C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCAL PLAZA, HARTFORD, CT, 06103.

Insiders trading at Virtus Investment Partners Inc

Over the last 16 years, insiders at Virtus Investment Partners Inc have traded over $175,223,780 worth of Virtus Investment Partners Inc stock and bought 37,200 units worth $1,366,412 . The most active insiders traders include Of Montreal /Can/ Bank, Peter L Bain, and George R Aylward. On average, Virtus Investment Partners Inc executives and independent directors trade stock every 90 days with the average trade being worth of $6,169,679. The most recent stock trade was executed by Barry M. Mandinach on 17 May 2024, trading 7,963 units of VRTS stock currently worth $1,863,342.



What does Virtus Investment Partners Inc do?

in latin, virtus connotes the characteristics of integrity, quality and strength. those are the traits we stand for today as an investment management provider and the traits that will define us in the future. virtus investment partners provides investment management products and services to individuals and institutions. we operate a multi-manager asset management business, comprising a number of individual affiliated managers, each with a distinct investment style, autonomous investment process and individual brand. we clearly understand the responsibility we have to our clients and we are committed to their success as investors. for important disclaimers, go to https://www.virtus.com/social-media-guidelines



What does Virtus Investment Partners Inc's logo look like?

Virtus Investment Partners Inc logo

Complete history of Mr. Bain stock trades at Virtus Investment Partners Inc, Legg Mason, Legg Mason, and Legg Mason

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
23 Feb 2009 Peter L Bain
Executive Vice-President
Sale 48 $13.43 $645
23 Feb 2009
0
15 Aug 2008 Peter L Bain
Executive Vice-President
Buy 48 $43.72 $2,099
15 Aug 2008
48
19 Jun 2008 Peter L Bain
Executive Vice-President
Option 34,160 $35.27 $1,204,823
19 Jun 2008
72,788
30 Jun 2005 Peter L Bain
Executive Vice-President
Option 3,340 $35.27 $117,802
30 Jun 2005
24,127
23 Feb 2009 Peter L Bain
Executive Vice-President
Sale 48 $13.43 $645
23 Feb 2009
0
15 Aug 2008 Peter L Bain
Executive Vice-President
Buy 48 $43.72 $2,099
15 Aug 2008
48
19 Jun 2008 Peter L Bain
Executive Vice-President
Option 34,160 $35.27 $1,204,823
19 Jun 2008
72,788
30 Jun 2005 Peter L Bain
Executive Vice-President
Option 3,340 $35.27 $117,802
30 Jun 2005
24,127
23 Feb 2009 Peter L Bain
Executive Vice-President
Sale 48 $13.43 $645
23 Feb 2009
0
15 Aug 2008 Peter L Bain
Executive Vice-President
Buy 48 $43.72 $2,099
15 Aug 2008
48
19 Jun 2008 Peter L Bain
Executive Vice-President
Option 34,160 $35.27 $1,204,823
19 Jun 2008
72,788
30 Jun 2005 Peter L Bain
Executive Vice-President
Option 3,340 $35.27 $117,802
30 Jun 2005
24,127


Virtus Investment Partners Inc executives and stock owners

Virtus Investment Partners Inc executives and other stock owners filed with the SEC include: