Broker-dealer and registered investment advisor H. Beck, which works with about 600 advisors, has a new president: Michelle Barry, who most recently served as president and CEO of Hornor, Townsend & Kent, a broker-dealer and subsidiary of The Penn Mutual Life Insurance Co.
According the Kestra Financial, which acquired H. Beck earlier this month, Barry has been in the industry for over 20 years and helped Horner, Townsend & Kent double its revenue, improve advisor retention and overhaul its back-office technology.
Scott Thorson, who has been with H. Beck for the past four years, will stay on as chief operating officer.
“Michelle’s executive experience in the broker-dealer/RIA industry, paired with her expertise in advisor technology and practice management, allows her to hit the ground running and to enhance H. Beck’s value proposition,” said Kestra CEO James Poer, in a statement.
“She will serve as an invaluable leader as we work to expand and optimize H. Beck’s technology and operational solutions to empower advisor success,” Poer explained.