Washington Wealth CEO steps down

Anthony Sirianni, one of the founders of Washington Wealth Management, has left the firm. In a brief statement Friday, the company said that Mr. Sirianni, who served as chief executive, resigned "to pursue other personal and professional interests." Robert Bartenstein, formerly chief of strategy, has replaced Mr. Sirianni as chief executive. "I'm not able to disclose anything more," said Chris Broussard, a spokesperson for Washington Wealth. Founded in December 2010 by a group of former wirehouse managers, Washington Wealth targets wirehouse brokers who are seeking independence. The firm has 15 advisers with about $600 million in assets, Mr. Broussard said. The advisers work as independent contractors within existing offices. Washington Wealth has adviser groups in Westport, Conn., Los Angeles, Las Vegas, Middleburg, Va., and San Diego, where Mr. Bartenstein is based. Mr. Sirianni had worked out of the Virginia office.