Cohen & Steers has appointed a new head for its Wealth Management Consulting Group.
With 20 years of financial services industry experience, Daniel Noonan joins the firm as a senior vice president with a focus on the RIA, broker-dealer, U.S. private bank, multi-family office, OCIO and retirement channels.
Noonan was previously senior managing director and head of Enterprise Wealth and Private Capital Group at Nuveen since 2022 and has also been EVP and head of ETF sales at Pimco and managing director and head of Wealth Management Sales at State Street Global Advisors.
"Our Wealth Management Consulting Group continues to be a key organic growth driver for our firm as we innovate new strategies and solutions across real assets and alternative income,” said Dan Charles, head of Global Distribution. “Dan's experience, particularly within the private wealth channel, will be critical as we expand our firm's capabilities across both listed and private real estate."
Cohen & Steers has a focus on real assets and alternative income and CEO & president Joe Harvey says this is a potential growth area for advisors.
"We see an opportunity for financial advisors and their clients to embrace real assets in the new macroeconomic regime characterized by higher inflation, higher interest rates and increased market volatility. Under Dan's leadership, the Wealth Management Consulting Group will continue to help financial advisors meet their clients' needs using real assets to pursue attractive risk-adjusted returns and diversification."
The financial advice industry has been facing inquiries into its cash sweep programs for years now.
Investor money allegedly went to strip clubs, exotic cars, and landscaping
Procyon adds $415 million in assets under management in New Jersey while Savant picks up a $213 million Southern California planning firm
With a growing number of real estate-rich Baby Boomers aging into retirement, some advisors may be failing to consider all the options available for those clients' assets.
Cornerstone Advisors study reveals compliance bottlenecks stall campaigns weeks after customer opportunities close.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains