FOR IMMEDIATE RELEASE
MarketCounsel Hires Veteran RIA Industry Executives Loren Morris and Bob Powell
- Morris joins as director of strategic development after a career that spans Schwab Advisor Services, Dynasty Financial Partners, and Cantor Fitzgerald Wealth Partners.
- Powell’s new role as director of special projects follows nineteen years at Fidelity Institutional.
Englewood, N.J. – May 05, 2015 – MarketCounsel, the leading business and regulatory compliance- consulting firm to the country’s preeminent entrepreneurial investment advisors, announced a series of new appointments today, including two senior RIA industry veterans in Loren Morris and Bob Powell. As Director of Strategic Development, Morris bolsters the firm’s efforts in aligning its services with current or prospective advisors as well as industry partners. Powell, as director of special projects, will assume command over MarketCounsel’s highly visible launch projects that have been integral to so many prominent wire house advisors’ move to independence as well as other multi-disciplinary consulting projects.
Morris is a familiar industry veteran, having held executive positions with Schwab Advisor Services, Dynasty Financial Partners, and Saratoga Capital. Additionally, Morris earned an MBA from Dartmouth College, Tuck School of Business and a BA in political science from Yale University.
Morris joins MarketCounsel from, most recently, Cantor Fitzgerald Wealth Partners, where he was partner and director of operations and advisor services. Morris played a key role in evaluating prospective advisory teams (including financial and operational due diligence), assessing opportunities for future growth and selling the wealth management platform offering.
Powell joins MarketCounsel after almost twenty years at Fidelity Investments, most recently as senior director of strategy planning for Fidelity Institutional Wealth Services. Powell’s program managed multiple regulatory compliance initiatives required by Dodd-Frank regulatory reform. Powell also managed the development of Fidelity’s hybrid strategy, bringing together different groups within Fidelity Investments to create a unified program for the independent broker-dealer market.
“It’s an honor to add these industry veterans to our roster; it represents MarketCounsel’s unwavering commitment to add top industry talent for our clients and industry partners,” says Brian Hamburger, President and CEO of MarketCounsel. “I have known Loren for many years and have respected his dedication to this industry. Both Bob and Loren are experts within their disciplines and committed to this domain. They each bring their dynamic energy and unparalleled expertise to bear at MarketCounsel. Our clients, our team and our industry partners will all benefit.”
In addition to hiring Morris and Powell, MarketCounsel also added two additional team members, Marlene Den Bleyker as director of communications and Joseph Allgor who serves as securities litigation counsel. That brings eight new hires to the venerable RIA consultancy for the year.
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MarketCounsel is the leading business and regulatory consultancy to some of the country’s preeminent independent investment advisers throughout their lifecycle. From its roots in 2000, MarketCounsel has been steadfast in its mission to deliver solutions to the challenges faced by entrepreneurs in a fast growing industry and has emerged as one of its most effective advocates.
From the initial launch of an investment adviser to its outsourced compliance platform to its business growth and succession strategies, MarketCounsel consistently delivers extraordinary service and trusted counsel by leveraging advanced technology and sound business processes. The MarketCounsel Summit is the annual gathering for the country’s top independent investment advisers and serves as both spark and catalyst for conversation among industry leaders.
Offering 360° of RIA knowledge, advice and guidance, MarketCounsel is the most trusted partner throughout the lifecycle of an independent adviser and works with these business owners at all stages. MarketCounsel provides true end-to-end business solutions for advisors, from start-up through exit. Visit www.marketcounsel.com for more information.