Professional Experience
not Partisan Politics
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Brad's Plan
Brad's Results
About Brad
Brad Briner was elected North Carolina State Treasurer in 2024, winning with more than 52 percent of the vote as one of the top vote-getters statewide.
Brad grew up in Dallas, Texas, as the youngest of four boys. From there he was fortunate enough to get scholarships to attend boarding school in New Hampshire (Exeter) and then the University of North Carolina at Chapel Hill on the Morehead Scholarship, where he studied Economics. He also received a Master’s in Business Administration from Harvard.
Brad spent the last 25 years as an investment advisor to UNC-Chapel Hill and to families throughout the United States, culminating most recently in running the family office for Mayor Michael Bloomberg. Throughout this career, he has built high-performing investment programs, managed large teams, and negotiated many complex business transactions, which comprise the basic responsibilities for the State Treasurer.
Brad resides in Chapel Hill with his wife and four kids.
Brad’s Plan
With more than 25 years of investment and leadership experience, Brad was uniquely qualified to address the central issues facing the state in the Treasurer’s Office:
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Improve Pension Funds Poor Investment Returns: The poor performance of the NC pension plan resulted in $2-3 billion dollars a year of taxpayer money being wasted. That money can be better used to give our retirees a cost-of-living adjustment, to pay our teachers, to build more roads, or to reduce people’s taxes.
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Reforming the “Sole-Fiduciary” Model: Before Brad took office, NC was one of only three remaining “sole-fiduciary” states in the country. This means North Carolina gave one-person absolute power to invest our state’s money. On average, investment performance in sole-fiduciary is substantially lower. Forty-seven states moved away from this model as the potential for abuse and fraud is too high.
Brad's Results
In his first year in the State Treasurer’s office, Brad and his team have delivered real results and savings for North Carolina’s taxpayers, state employees and retirees:
Saving Taxpayers Money
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“Found” $170 million of state money that had been left in escrow starting at least 25 years ago.
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In a first of its kind transaction, the state issued a bond tender and saved more than $160 million in debt.
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Launched an OpenAI pilot program to increase the office’s efficiency and streamline workflows.
North Carolina Retirement System
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Helped pass the 2025 State Investment Modernization Act – one of Brad’s top campaign priorities – which surrenders the State Treasurer’s sole fiduciary power and transitions to a board structure.
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Generated more than $15 billion in investment gains for the state’s retirement fund, compared to a pension deficit of $16 billion at the beginning of the year when Brad first took office.
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Deployed billions in excess cash to stocks and investment grade fixed income to increase returns and diversify the state’s portfolio.
State Health Plan
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Solved the plan’s fiscal deficit and now modernizing the department across every division to better service state employees and retirees.
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Restructured the state’s contract with CVS Caremark, saving the plan hundreds of millions of dollars.
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Publicly fought back against Duke Health’s campaign to increase rates – retaining access to care for State Health Plan members at a cost the state can afford.