Rob Arnott of Research Affiliates cedes CEO title

Rob Arnott of Research Affiliates cedes CEO title
Katrina Sherrerd, the firm's president and chief operating officer, was named CEO.
AUG 10, 2018

Rob Arnott, founder of smart beta and asset allocation manager Research Affiliates, is relinquishing his CEO duties but remains chairman of the firm, a company spokesman said. Katrina Sherrerd, president and chief operating officer, was named CEO and president. The COO position will not be filled, the spokesman said. Ms. Sherrerd has run Research Affiliates' day-to-day operations for the past six years, the spokesman said, and the title change is a reflection of her duties. Mr. Arnott will continue his client and portfolio management responsibilities as well as research. "The only thing changing is his title," the spokesman said. (More: Research Affiliates' Arnott sounds a warning on market bubbles)​ Rick Baert is a reporter at InvestmentNews' sister publication Pension & Investments.

Latest News

Treasury unveils Trump Accounts fund lineup with BlackRock, Vanguard
Treasury unveils Trump Accounts fund lineup with BlackRock, Vanguard

Five index ETFs, including two from State Street, to anchor Trump Accounts as advisors weigh options against 529 and UTMA plans for clients

House panel unanimously advances advisor compensation reform bill
House panel unanimously advances advisor compensation reform bill

A bipartisan proposal aimed at aligning advisor compensation rules with modern business structures is headed to the full House.

Vanilla, WealthFeed land new RIA partnerships
Vanilla, WealthFeed land new RIA partnerships

Vanilla is extending its estate planning tech to Callan Family Office's ultra-high-net-worth business, while WealthFeed's organic growth engine will now be available to roughly 100 advisors at The Mather Group.

As Trump Accounts prep for July 4 launch, Franklin Templeton plans $1,000 match
As Trump Accounts prep for July 4 launch, Franklin Templeton plans $1,000 match

“We are helping families take an important first step toward building a financial foundation for the next generation,” said Franklin Templeton CEO Jenny Johnson

Savant Wealth Management enters Maine with latest acquisition
Savant Wealth Management enters Maine with latest acquisition

Richard Brothers Financial Advisors joins the fee-only RIA, adding its first Maine office and $240 million in client assets

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income

SPONSORED Why direct indexing stopped being optional

Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.