World Investment Advisors named Kevin Ryan as its new Chief Financial Officer. He will report to Troy Hammond, the firm’s Founder and CEO.
The expansion of the leadership team comes after the firm recently rebranded from Pensionmark, a move intended to better align World Investment Advisors with its parent company, World Insurance Associates.
It also follows the firm’s acquisition of Boston Harbor Wealth Advisors, an independent financial services firm located in Westborough, Massachusetts, with over $3.5 billion in assets under management (AUM).
“Kevin has a proven track record of delivering sustained shareholder value, managing complicated M&A transactions and developing and implementing operational efficiencies,” Hammond said. “His diverse background and expertise within the financial management realm will prove advantageous for our next phase of growth. We are thrilled to have him join the team.”
Ryan has over 20 years of experience. He previously was the CFO of Xactus, a mortgage industry verification company, and the CEO of Keane, an unclaimed property service provider. He began his career as an auditor at Deloitte and later worked at KPMG.
“Joining WIA during this time of exponential growth and innovation is very exciting,” Ryan said. “I look forward to driving the overall financial strategy while partnering with the broader team to build on our market momentum and revenue growth.”
World Investment Advisors supports over $55 billion in assets across its institutional and wealth management segments. In the last two years, the wealth management division has grown from $1 billion in AUM to $11.5 billion. More than 60% of the firm’s revenues are fee-based.
Chris Latham, Managing Editor at Wealth Solutions Report, can be reached at clatham@wealthsolutionsreport.com.
