Chicago-based independent RIA Choreo has announced some senior leadership appointments including a new chief investment officer.
The $24.6 billion firm has named Matthew Gotlin as its new CIO. Based in Columbia, Maryland, he joined the firm last November as part of its acquisition of BDO USA’s affiliated wealth management business, where he was managing director and CIO.
"As we went through the process of successfully integrating the affiliated wealth management business of BDO USA into the larger Choreo organization, it quickly became clear Matt would be the ideal person to lead our growing investment team," said Larry Miles, Choreo's CEO. "His experience as both a wealth manager and investment strategist, combined with his dedication to providing the highest level of analytical research, will prove invaluable to our advisor and client community, helping them to better understand emerging investment trends in both the public and private markets."
Gotlin’s previous industry experience includes director of research for Biegel & Waller in Washington, D.C., and co-founding March Capital, a private equity firm focused on the lower middle market.
"By expanding our investment research capabilities under Matt's leadership, we further solidify our position as a technology-enabled wealth management firm rooted in sound financial and tax planning principles,” Miles added. “I'm excited Matt will continue to serve as a key member of our leadership group and cannot wait to see what he and his team can accomplish on behalf of our advisors and their clients."
As well as a new CIO, Choreo has four other new senior leaders.
Jim Waller and Stephen Eldridge become regional vice presidents of business development; Jeff Brewer is the new vice president of advisory services, and Browning Mank is now vice president of CPA partnerships.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.
Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.
Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
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
