Changes are afoot at Veris Wealth Partners and Choreo as both firms announce key C-suite appointments.
On Tuesday, Veris announced it has elevated Jane Swan as chief advisory officer while Roraj Pradhananga completed his transition into the role of chief investment officer.
Veris, a sustainable-focused RIA, stated that Swan’s promotion follows her role as head of advisory services, where she oversaw advisory teams across the firm’s offices. In her expanded position, she will lead the firm’s service platform, advisory committee, and advisor training initiatives.
“As we have grown to serve more institutions, Jane Swan has championed the construction of a comprehensive service platform designed to meet the specific needs of foundations,” CEO Stephanie Cohn Rupp said in a statement. “Jane’s dedication to an outstanding client experience – proven over 29 years as a sustainability-focused advisor – epitomizes the service offering we have put in place for clients across the board.”
Pradhananga, who previously served as co-chief investment officer alongside Veris co-founder Michael Lent, has fully assumed CIO responsibilities following Lent’s transition away from the role. He will oversee investment sourcing, due diligence, thematic research, and impact measurement while managing the firm’s investment team.
“As CIO, I am 100 percent committed to applying and advancing Veris’ investment expertise in an environment where the impact-investing industry faces headwinds,” Pradhananga said. “Our investment framework for Just Transition and Equity, Diversity & Inclusion investment due diligence continue to guide aspects of our work.”
Separately, Choreo has added Shelley Smith to its executive team, welcoming her to the newly created role of chief human resources officer.
Choreo, which launched in 2022 after 20 years as a subsidiary of a leading CPA and professional services firm, currently manages and advises on approximately $24.6 billion in assets for more than 7,000 clients. The Chicago-based RIA identified women as a point of focus in March last year, launching a campaign centered on women advisors and clients.
Smith, who has held leadership positions at PepsiCo, Bank of America, and Movement Mortgage, will oversee career development and education initiatives for Choreo’s 230 advisors and staff across more than 40 offices.
“As we continue to grow, our teammates and clients will benefit from Shelley’s success developing and executing HR strategies at some of the largest financial institutions in the country,” CEO Larry Miles, whom Smith will be reporting to, said in a statement Tuesday.
Smith noted that she looks forward to helping strengthen the firm’s people-focused strategies. “Joining a well-established, growth-minded organization presents an incredible opportunity to affect meaningful strategies that help us best utilize our most valuable resources, the people of Choreo,” she said.
Nine-month electronic trading freeze and share lending program at the center of dismissed claim.
Meanwhile, Rossby Financial's leadership buildout rolls on with a new COO appointment as Balefire Wealth welcomes a distinguished retirement specialist to its national network.
With a smaller group of companies driving stock market performance, advisors must work more intentionally to manage concentration risks within client portfolios.
Professional athletes are often targets of scam artists and are particularly vulnerable to fraud.
The brokerage giant tells Wall Street it will use artificial intelligence to reach clients it has never been able to serve — and turn the technology's perceived threat into a competitive edge.
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
