Wealthcare Capital Management announced Tuesday that Len Reinhart, the former president and founder of the Lockwood family of companies, will join the firm’s board of directors. In addition, he will participate in the firm’s business development efforts.
Reinhart (left) who retired from Lockwood, joins Wealthcare’s board at a time, according to the firm, when it is “expanding its offerings in ways that will dramatically change the wealth management landscape.” David B. Loeper, president and CEO of Wealthcare Capital, said of the move, “We are truly honored to have Len join our board, as we consider him to be ‘the father of managed accounts’ and a true icon of our industry. Len will bring a superior strategic perspective to our company.”
He continued, “He has exceptional vision, vast industry knowledge and, most importantly, he understands the value of the Wealthcare process to clients and how it will reshape the financial advising industry.”