RIA Platform VestGen CEO Departs, Succeeded by CFO
VestGen Wealth Companions CEO Josh Gerry is stepping down and can be changed by the corporate’s president and CFO, Jason Hanavan, after lower than two years in operation.
A spokesperson for VestGen mentioned through e-mail that the transfer is a part of a “next-gen government succession plan.”
The Chicago-based registered funding advisor platform was based by Gerry in December 2024 and has grown to $8.4 billion in belongings underneath administration. Gerry is almost all proprietor of VestGen via a holding firm, based on SEC filings.
“Since VestGen’s launch, we’ve considerably exceeded our development objectives properly prematurely of our authentic timeframes,” the spokesperson wrote through e-mail. “Josh was instrumental in constructing a strong basis for our agency, and we look ahead to constructing additional on our success underneath Jason’s management.”
Gerry began the agency after main a former LPL Monetary affiliate Impetus Wealth Methods, the place Hanavan was the CFO. That agency is now not registered with the SEC.
Emigrant Financial institution Hires Tyler Kelley to Help Household Workplace Development
Emigrant Financial institution named Tyler Kelley as managing director to help strategic initiatives, together with the enlargement of the financial institution’s newly launched household workplace capabilities serving high-net-worth and ultra-high-net-worth shoppers.
Kelley will report back to Liz Nesvold, vice chair of Emigrant Financial institution, chair of Emigrant Companions and government chair of Emigrant Household Workplace. He brings greater than 20 years of expertise throughout wealth administration, strategic advisory, operations and enterprise growth.
Previous to becoming a member of Emigrant, Kelley served as chief working officer and companion at Evoke Advisors, which was acquired by MAI Capital final yr. He beforehand spent greater than 15 years at Bel Air Funding Advisors, the place he was chief working officer and senior managing director.
“Tyler and I’ve identified one another for almost 20 years, and I’ve had the chance to look at him function throughout almost each side of a wealth administration enterprise,” Nesvold mentioned in a press release.
Orion Appoints Yi-Ching Wu to Lead Wealth Administration Product and Platform Technique
Wealth expertise agency Orion has employed Yi-Ching Wu as government vice chairman of wealth administration product and platform, a task during which she is going to lead initiatives associated to the agency’s continued development and advisor adoption.
Wu brings greater than 20 years of expertise main funding product and platform technique throughout wealth and asset administration organizations.
Previous to becoming a member of Orion, Wu served in a senior management position at AssetMark, overseeing proprietary and third-party funding platforms. She beforehand held product growth and administration roles at Schwab, the place she managed large-scale proprietary funding lineups and helped launch Schwab’s entry into exchange-traded funds.
Balefire Provides Company Options Advisor
Balefire Wealth, a Dallas-based RIA shaped in 2025, has employed Sarah Schmitz as senior company options advisor, bringing greater than 25 years of retirement plan consulting and worker advantages expertise.
Schmitz joins from senior roles at Principal Monetary Group, True North and Encana Company, the place she labored in plan design, fiduciary accountability and worker monetary wellness.
In her new position, Schmitz will work with employers, nonprofit organizations and enterprise homeowners.
“The agency’s integration throughout disciplines and real concentrate on long-term affect slightly than transactional relationships aligns completely with the way in which I wish to work,” Schmitz mentioned in a press release.
