The Wealth Consulting Group is strengthening its brain trust of investing and market expertise as it welcomes a respected industry veteran to its C-suite.
The Las Vegas-based hybrid RIA firm recently announced that it has named Talley Léger as its new chief market strategist.
With over 25 years of experience in the financial sector, Léger brings a wealth of knowledge to the firm, which manages $5.4 billion in assets under management and $8.2 billion in assets under advisement.
Before joining WCG, Léger built up an exhaustive record of senior roles at prominent firms including Raymond James, Invesco, Barclays, RBC, and Morgan Stanley. He also founded Macro Vision Research and has been a frequent presence on major financial media outlets such as CNBC and Bloomberg TV.
At WCG, Léger will help shape the firm's investment strategies, overseeing market outlooks and contributing to model portfolios as part of the investment committee.
In a statement, Léger cited his years-long business relationship with WCG CEO Jimmy Lee as he expressed enthusiasm for his new position.
“This role is a natural fit for me as I transition from the institutional realm to the private client and wealth management space," he said. "I see the RIA channel as a tremendous pocket of opportunity.”
Lee also commended Léger’s expertise while underscoring high hopes for his firm's latest executive hire.
“I have always admired Talley for his thought leadership and his understanding of the markets,” Lee said. “He will serve as a great addition in the next phase of WCG’s growth in transforming the company into a national brand.”
The group led by a 37-year industry veteran brings $470 million in assets to the Philadelphia-based broker dealer.
The Atlanta, Georgia-based national wealth firm revealed its new PE partner as prior backers Wealth Partners Capital Group and HGGC’s Aspire Holdings exited their investments.
The latest departures in Ohio mark another setback for the hybrid RIA, which is looking to "expanding its presence across all models and segments of the wealth management industry.”
The St. Louis-based real estate investment firm gives the asset management giant a valuable access point to the roughly $1 trillion net lease market.
Eliseo Prisno, a former Merrill advisor, allegedly collected unapproved fees from Filipino clients by secretly accessing their accounts at two separate brokerages.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
