Bob Doll named CEO of Crossmark

Bob Doll named CEO of Crossmark
Doll, who succeeds Mike Kern as the faith-based investment management firm's CEO, will continue to serve as its chief investment officer.
JAN 16, 2024

Bob Doll, the market strategist who’s known for his annual predictions on the markets, has been named president and chief executive of Crossmark Global Investments, a faith-based investment management firm headquartered in Houston, where he has served as chief investment officer since 2021.

Doll succeeds Mike Kern, Crossmark’s president and CEO since 2015, who is leaving to pursue other opportunities.

Doll will continue to serve as the firm's CIO in addition to being president and CEO.

“Crossmark’s clients have benefitted from Bob’s exceptional investment expertise, market perspective, and institutional leadership ever since he joined our firm, and we are excited about the vision and direction that he will bring to the organization in his expanded role as president and CEO,” Crossmark’s board said in a statement. “His investment market acumen, including his perspective as the manager of our U.S. Large Cap Equity strategies, will be valuable elements of his overall vision for our firm.”

Doll has been in the asset management industry for 44 years. Before joining Crossmark, he was chief equity strategist and senior portfolio manager at Nuveen Asset Management. Earlier, he serving as chief equity strategist at BlackRock, president and chief investment officer at Merrill Lynch Investment Managers, and chief investment officer at Oppenheimer Funds.

Latest News

Advisors prize AI's potential for productivity gains, improved advice
Advisors prize AI's potential for productivity gains, improved advice

More than three-fifths of surveyed advisors see generative AI as an efficiency booster, though many are still concerned about data privacy and lack of tech integration.

Edward Jones, Franklin Templeton beef up SMA menus amid industry growth
Edward Jones, Franklin Templeton beef up SMA menus amid industry growth

The new offerings, including managed options on Franklin's canvas platform, come as managed account assets surge in the US to hit $13.7 trillion.

Advisor moves: RBC, Steward Partners add elite advisors from Goldman, Truist
Advisor moves: RBC, Steward Partners add elite advisors from Goldman, Truist

Meanwhile, Raymond James bolstered its employee advisor arm with an industry veteran who previously oversaw $750 million at Stifel.

DOGE cuts risk bogging down push to implement Trump’s tax breaks
DOGE cuts risk bogging down push to implement Trump’s tax breaks

Staffing shortfalls, new policies, and increased demand for clarity create potential speed bumps for tax planning and compliance.

RIA moves: Osaic takes majority stake in $700M Innovative Wealth, NewEdge makes dealmaking debut in Nebraska
RIA moves: Osaic takes majority stake in $700M Innovative Wealth, NewEdge makes dealmaking debut in Nebraska

Osaic's expanded partnership with the Arizona-based firm advances its broader strategy to offer succession-focused planning solutions to retiring advisors.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.