Gavin W. Stephens, CFA to Serve as Chief Investment Officer

We are pleased to announce that Gavin W. Stephens, CFA will serve as the firm’s Chief Investment Officer effective January 1^st. As CIO, Gavin will lead our Investment Management team, which delivers the firm’s proprietary research and comprehensive investment solutions.

Gavin succeeds J. Andrew Concannon, CFA, CFP® who will serve in a new role as a Senior Partner. In this role, Andy will continue to advise private clients and select institutions, co-manage the firm’s Rising Dividends Equity Strategy, serve as a member of the firm’s Investment Policy Committee, and serve as an ex-officio member of the Leadership Team.

The impact that Andy has had on our firm during his time as CIO cannot be overstated. During his tenure as CIO, we have enhanced the firm’s investment philosophy and processes and launched several proprietary investment strategies including the firm’s Rising Dividend Equity Strategy, our Non-Traditional liquid alternatives, and multiple fixed income strategies.

Andy has set the standard for independent, rigorous, and clear investment analysis with an unwavering eye toward serving our clients first. Under Gavin’s leadership, our Investment Management team will carry that ethos forward, striving for excellence in all we do while continuing to refine and expand the investment solutions we offer to our clients through our private client advisors and institutional consultants.

Gavin, who joined the firm in 2014, has worked closely with Andy for several years and has been focused on this transition since it was announced internally in January 2022. Gavin joined our Leadership Team in January 2023.