“Constructing on our success so far, we imagine that is the proper second for us to reinforce our management crew with the addition of John Longley, a broadly revered non-public wealth chief, as our new CEO,” based on Lengthy.
“I’ve had the pleasure and privilege of attending to know John over the previous few months as a part of our choice course of, establishing our shared dedication to our agency’s imaginative and prescient, worth proposition and ahead progress plans,” Lengthy mentioned in a press release.
“By bringing John aboard whereas transitioning to the function of Chairman of the Board, I will absolutely deal with technique setting and progress planning for SageView over the long run, whereas partnering intently with John to make sure that our future success honors all that now we have achieved till now,” Lengthy added.
Longley, in the meantime, was “assured” within the agency’s “means to speed up progress as we launch the following part of our long-term imaginative and prescient,” he mentioned.
“In the middle of exploring future alternatives, SageView stood out in three areas that present the agency with distinctive benefits,” Longley famous.
These three areas have been: SageView’s partnership with Aquiline, the agency’s management within the retirement plan advisory enterprise, and the corporate’s “means to scale in wealth administration by constructing the bridges to attach the platform, instruments, and folks throughout our retirement plan advisory and wealth administration companies,” Lengthy added.
SageView acquired 9 corporations since its partnership with Aquiline began in 2020. They included: MJM401k of Arizona and Southern California; Bloomfield Hills Monetary of Michigan, California, Colorado, Massachusetts and Texas; Channel Monetary of Minnesota; kPlans Funding Providers of California; Lakeview Wealth Administration of Illinois; the advisors and belongings of Capital One Investing in New York, Florida, Tennessee, Maryland, Oklahoma, Virginia and Texas; Summit Monetary Consultants of California; and the founding crew from RBG in California.
The agency “continues to determine new advisors and alternatives who’re a powerful cultural progress match for SageView by means of acquisitions and recruiting,” it mentioned.
Pictured: John Longley (left) and Randy Lengthy.
