Miranda Carr

When opportunities arose early in her career, Miranda Carr took them, ultimately leading her to her role as chief investment officer at the Trust Company of Tennessee.

In 2007, she left the investment banking side of a boutique to help build a hedge fund, accepting the invitation from a partner at the firm.

“I was very fortunate to live through the financial crisis,” Carr said. “That has really helped shape my career — having experience with a small company, building it out [and] trial by fire.”

Carr, 38, put together a team and strategies for the company, eventually becoming the portfolio manager on a subadvised mutual fund with a global macro asset allocation strategy.

At the Trust Company of Tennessee, which she joined in 2018, she leads the investment committee’s management of more than $4.5 billion. During her time there, assets under management have increased by $1 billion.

Her passion for behavioral finance has led her to understand how clients’ personalities affect their financial decisions.

“Clients have a lot of fears and behavioral things that don’t necessarily translate into academic finance,” Carr said. For example: People prone to highly reactive decisions shouldn’t necessarily be on a firm’s news alerts list.

One of the most important things to her is integrity, Carr said, “especially in this industry — doing the right thing for the clients all the time, not just when it gets audited.”

In her current role as CIO, she wants to continue building out strategies for nonprofits, another passion. The most rewarding aspect of Carr’s life, though, is being mother to her twins Chloe and Leah, 5.

—Emile Hallez