Boston-based GW&K Investment Management has appointed current co-presidents Thomas Powers and Bill Roberts the firm’s co-CEOs, replacing Harold G. Kotler who will become the firm’s chairman effective July 1.
Kotler, a founder of the firm, was the architect and chief strategist of its municipal bond investment strategy. He will continue to chair the investment committee.
“I am deeply proud of all we’ve accomplished together, including building trusted client relationships, giving back to our community and growing our business," Kotler said.
Powers and Roberts joined GW&K in the mid-1990s and were appointed co-presidents in 2006.
RIA aggregator adds $4.8 billion in client assets across seven states as demand grows for alternatives to traditional succession models.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Shareholder targets FS KKR Capital's directors over alleged portfolio valuation and dividend missteps.
UBS has a history of costly litigation stemming from the sale of volatile investment products.
New director David Woodcock puts firms on notice over fees, conflicts, and liquidity risk as private credit shows signs of stress.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
