Focus Monetary Companions has named Michael Nathanson as its new CEO. Nathanson, who’s been serving because the agency’s president since February, takes the reins from interim CEO Dan Glaser and can stay head of The Colony Group, an affiliated RIA.
Glaser — tapped to guide the agency after founder and then-CEO Rudy Adolf stepped down in October — will function govt chair of the board; he’s additionally an working associate at Focus’ majority funding investor Clayton, Dubilier & Rice, which purchased Focus for $7 billion final yr.
Nathanson is “an distinctive chief in our business, having grown The Colony Group into one of many largest and best-known corporations within the impartial area,” Glaser mentioned in a press release.
He added that Nathanson has “been instrumental in executing our developed technique, delivering robust momentum on Focus’ hub growth, setting our go-forward strategic imaginative and prescient, and figuring out alternatives for collaboration throughout our enterprise.”
Nathanson joined The Colony Group — which had belongings of $21.5 billion in December — in 2004 as its CFO and basic counsel, after working for practically 13 years for the legislation agency Hale and Dorr; he grew to become CEO of the RIA in 2006. Earlier, he earned a legislation diploma from Harvard College and a grasp’s of legislation in taxation from Boston College.