Reegan Rae has been named co-CEO at Arnerich Massena, a registered investment advisory firm managing $7.74 billion in Portland, Oregon.
Rae, who had been a managing director and senior investment adviser, joins Bryan Shipley, who has served as co-CEO for over a year.
Firm founder Tony Arnerich, who had been co-CEO, will now focus on his family and his venture capital firm, 3x5 Partners.
Shipley also is assuming the role of sole chief investment officer, after serving as co-CIO with Arnerich for four years.
Meanwhile, LPL attracted a five-advisor team managing $380 million in Kansas, while a veteran with stripes from Morgan Stanley, UBS, and Fidelity has joined Prime Capital Financial.
At Goldman Sachs’ RIA conference, Dynasty’s Shirl Penney said an AI clone trained on his emails and speeches could be the first of “hundreds of digital employees.”
The top-ranked RIA by total AUM continues to scale its wealth management arm, bringing its Pennsylvania presence to five offices.
The Reddit trading community's formal comment letter against the proposal is drawing widespread attention across finance and tech circles.
Chicago Partners Wealth Advisors is helping shape the platform's product roadmap after switching from a legacy system.
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
