Michael Spellacy

Managing Director
25+ years of global experience as a CEO and board chair, executive management advisor and a private equity investor
Proven results in capital markets focused on asset and wealth management, sovereign wealth funds and investing and trading businesses
Deep knowledge and perspective in strategic business growth and innovation, technology led transformation and data and analytics
New York
@alvarezmarsal
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Michael Spellacy is a Managing Director and leader of Alvarez & Marsal’s Financial Services Industry in New York. He brings more than 25 years of global experience and proven results as a Chief Executive Officer and Board Chair, executive management advisor and private equity investor and deal-maker across industries.

Mr. Spellacy has been recognized for a global perspective on the financial services industry, providing strategic insight into the evolution of market segments and growth opportunities, and the ability to catalyze, lead and drive technology-led transformation, business growth and innovation. His notable assignments include implementing complex global business agendas with bottom-line results, ranging from $1 billion in revenue to $2 billion in cost improvements.

Prior to joining A&M, Mr. Spellacy was CEO and Director of a NYSE publicly listed investment company, Atlas Crest Investment Corporation. He was also a Senior Managing Director at Accenture and Global Industry Leader of Accenture Capital Markets, responsible for the industry group’s overall vision and strategy, investment priorities and global ecosystem of partners, alliances and ventures. He led Accenture’s Asset Management, Wealth Management and Investment and Trading businesses.

Previously, Mr. Spellacy was a Senior Partner at PricewaterhouseCoopers and a Partner at the Boston Consulting Group, where he was a leader in the world-renowned Asset Management and Alternative Investments practice. Before that, he was a Senior Executive, Management Committee Advisor at Bridgewater Associates, a widely recognized asset manager. In this role, he led Bridgewater’s $140 billion AuM Transformation program. He also led Client Service & Marketing, where he served as the key executive for the global investor base of sovereign wealth funds, asset owners, prospects and regulatory bodies.

Mr. Spellacy earned a bachelor’s degree in economics from the London School of Economics and an MBA from the University of Hartford. He has been recognized as a member of the Global 100 Irish business leaders; published and spoken extensively on technology and financial markets; serves as Board Chair of Enfusion, Inc. (ENFN: NYSE), a leading software solution for investment management globally; and serves as a Board Member of Archer Aviation Inc. (ACHR: NYSE), an EV innovation company for urban air mobility.

Insights By This Professional

Alvarez & Marsal (A&M) is delighted to publish the first edition of the A&M35 Global Banking Pulse (“A&M35”) H1 2024.
This ‘Executive Summary’ edition of the report shares topline performance results examining top 35 selected global banks
domiciled in North America and Europe. A&M35 aims to help banking executives and board members stay current on industry trends.
• Launch builds on sustained growth of financial services advisory offering – firm’s largest industry vertical investment
• Slate of senior appointments adds to 20 MD hires across EMEA in 2023
The Banking Industry stands at a difficult juncture. Whilst interest rate increases have temporarily improved profitability and shareholder returns, the fundamental challenge of poor valuations and growth trajectories persists for most CEOs and boards.
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