Former CNBC anchor Ron Insana joining Dynasty Financial

Ron Insana

Insana will work with Dynasty chief investment officer Bob Shea to identify strategic opportunities for investment portfolios.

Dynasty Financial Partners announced Thursday that it’s tapping veteran business broadcaster Ron Insana as the firm’s new chief market strategist. Dynasty, which provides technology-enabled wealth management solutions and business services for financial advisory firms, said Insana will join the firm’s investment committee and the investment committees of Dynasty Network firms.

Insana will also work with chief investment officer Bob Shea to identify strategic opportunities for investment portfolios. Dynasty’s Investment Platform administered $36 billion in end-client assets at the end of the first quarter, according to the firm.

“We are thrilled to have Ron Insana, a legend in the financial services industry and a pioneer of financial journalism, representing Dynasty and sharing his deep and varied investment experience in hopes to catalyze growth for our partner firms,” Shirl Penney, Dynasty’s CEO and co-founder, said in a statement.

As expected, the former CNBC anchor and NBC contributor will serve as Dynasty’s spokesperson on investment, economic and related topics.

Insana began his broadcast career in 1984 at Financial News Network, which was later purchased by NBC and merged into CNBC. He left CNBC in 2006 to start his own hedge fund, Insana Capital Partners, but closed that fund in 2008 due to investment losses. After that, he joined SAC Capital Advisors for a brief stint before exiting that hedge fund as well.

Along the way, Insana has published a number of best-selling investing books, including “The Message of the Markets” and “Trend Watching: How to Avoid Wall Street’s Next Fads, Manias, and Bubbles.”