GenSpring, Largest RIA In The Nation, Replaces Its CEO

Friday, October 05, 2012 14:33
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GenSpring, Largest RIA In The Nation, Replaces Its CEO

Tags: advisor industry people | family offices | RIAs

 

GenSpring Family Offices, the nation's largest RIA, today announced that Thomas M. Carroll has been named Chief Executive Officer, succeeding Maria Elena (Mel) Lagomasino, who "announced plans to leave the firm," according to a press release.

Earlier this year, A4A reported on widespread defections at Genspring's Phoenix and Denver offices, and that a total of 15 staffers have defected, and 12 of them are said to have moved to a cross-town rival.

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The press release of today's announcment is below.
 
 
 
Thomas Carroll Named Chief Executive Officer of GenSpring (via PR Newswire)

ATLANTA, Oct. 4, 2012 /PRNewswire/ -- SunTrust Banks, Inc. (NYSE: STI) and GenSpring Family Offices today announced that Thomas M. Carroll has been named Chief Executive Officer of GenSpring Family Offices, SunTrust's multi-family office affiliate providing independent advice to families of substantial…


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