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From 1985 to 2002, Grossman held various executive positions with BGI and its predecessor organisations, including chief investment officer from 1992 to 2002.
Grossman founded BGI’s Advanced Strategies Group in 1992, where he was responsible for leading the development of the firm’s quantitative, enhanced index, and asset allocation strategies.
Following BlackRock’s acquisition of BGI in 2009, he served as vice chair at BlackRock until early 2011.
Grossman currently serves as managing partner of ThirdStream Partner, which focused on private and early-stage investments in financial technology and asset management businesses.
He had also served on the boards of a number of financial services companies, including Financial Engines, Axioma and ETF.com.

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