Kayne Anderson Rudnick, a prominent investment and wealth management firm, announced that it has appointed Russell Toth as a wealth advisor to its San Francisco office.
Toth, who has a robust background in client relations and financial planning, will be working under senior wealth advisor Tom Connaghan.
"I am thrilled to embark on this exciting new journey with KAR, a team renowned for its dedication to client-centric solutions and safeguarding and building client wealth," he said in a statement.
Toth, who has been registered for seven years in the investment advisory industry, noted the firm's commitment to guiding clients towards their financial goals with personalized solutions.
With its headquarters in Los Angeles, Kayne Anderson Rudnick was established in 1984 by John Anderson, a prominent Forbes 400 billionaire and benefactor of UCLA’s Anderson School of Management. As of the end of March 2024, the firm managed $65.3 billion in assets.
KAR services a diverse client base, including corporations, endowments, foundations, public entities, and high-net-worth individuals.
"Helping clients build enduring wealth requires more than just financial acumen; it necessitates a profound dedication to individualized care,” Connaghan said. “We are excited to add Russell to KAR’s Bay Area team.”
Prior to joining KAR, Toth spent over six years at Fisher Investments as a relationship manager, where he supported high-net-worth and ultra-high-net-worth clients. His role involved developing comprehensive investment strategies and financial plans tailored to individual needs.
Before his time at Fisher Investments, Toth served as an investment consultant at Scottrade, assisting clients in evaluating and personalizing their investment approaches. “With his extensive track record of delivering unparalleled client service and crafting bespoke financial plans, we're not only expanding our expertise but also reaffirming our commitment to providing each client with the personalized attention they deserve," Connaghan said.
With over 600 clients, the $71 billion RIA acquirer's latest partner marks its second transaction in Oklahoma.
Also, wealth.com enters Commonwealth's tech stack, while Tifin@work deepens an expanded partnership.
Back office workers and support staff are particularly vulnerable when big broker-dealers lay off staff.
The fintech giant is doubling down on its strategy to reach independent advisors through a newly created leadership role.
The two firms are strengthening their presence in California with advisor teams from RBC and Silicon Valley Bank.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
