Zionsville resident promoted to CEO of Capital Cities


By Heather Collins

Amanda Black of Zionsville has been promoted to CEO and partner of the Indianapolis-based investment advisory firm Capital Cities, LLC.

CIZ DOUGH 0509 Amanda Black

“Traditionally speaking, it is easy to get caught up in seeking the next promotion as a way to gauge success in the ‘rat race.’ When you believe wholeheartedly in the work you do, however, personal success and firm success are inseparable,” Black said. “I am honored to be entrusted with this leadership role at Capital Cities and look forward to our continued growth in the area of investment consulting to organizations across the state and country.”

Black, 39, has been with Capital Cities, LLC for 11 years.

“From the company’s inception in 1998, the founders were intent on creating a business that is approachable and forward-looking, relative to the stereotypical stodgy investment firm that might come to mind,” she said. “Our strong belief is that prospective clients do not need to look to the coasts for investment resources, so Capital Cities’ position is that of offering the resources of a large firm, the high-touch service of a boutique firm, all grounded in our unwavering Midwestern values.”

As CEO, Black provides firm-wide leadership and strategic direction in the areas of finance, marketing, personnel and operations. Black’s consulting role includes oversight of the company’s customized investment strategies for the firm’s clients, which totals more than $24 billion in institutional assets.

Black moved from Indianapolis to Zionsville in 2009. She and her husband, Jay, decided to move to town when their two daughters were reaching school age. They wanted to experience Zionsville’s small-town feel.

Black received her bachelor’s degree in communications from Hanover College and a masters’s degree  from Anderson University.

In 2013, former Gov. Mitch Daniels appointed Black as chairperson for the school board for the Indiana School for the Blind and Visually Impaired. Locally, she is a state delegate for Eagle Township and a precinct committeeman.