Kara Murphy appointed chief investment officer at United Capital

United Capital Financial Advisers has appointed Kara Murphy as its new chief investment officer. Ms. Murphy, who previously worked as CIO at SunAmerica Asset Management, is a chartered financial analyst and brings more than 20 years of investment experience to her new position. During her tenure at SunAmerica, assets grew from $28 billion in 2013 to $50 billion in 2018. United Capital, a registered investment adviser with 86 offices nationwide, has $21.6 billion in assets under management. Ms. Murphy, who will become one of the few female c-suite executives in the financial advice space, also previously served as vice president and equities analyst at both Chilton Investment Company and Morgan Stanley Investment Management. (More: United Capital letting more advisers use this part of its technology tools) Ms. Murphy started her new position at United Capital on May 30, following the addition of Robert Landry as chief investment strategist to the company. She will report to Joe Duran, founder and CEO of United Capital. "Bob will continue to lead our efforts on the investment platform, while Kara will be charged with overseeing all investments and leading the team as we address innovation and the future of our platform and investment strategies," Mr. Duran said.