Investment veteran Todd M. Wickwire has been promoted to CEO of Towson, Maryland-based RIA WMS Partners from chief operating officer, the firm said Friday.
The independent wealth planning and investment firm was started in 1993 and manages more than $4 billion in client assets, it said.
Wickwire joined the firm in February as its COO. Before that, he was managing director and, for 20 years, head of U.S. equity research at Wells Fargo, leading a team of 200 professionals, including 50 senior equity analysts advising institutional investors across the U.S. and Europe.
Wickwire also served on several governance committees, including as chairman of the Wells Fargo Transaction Screening Committee and as a voting member of its Underwriting Commitment Committee.
WMS’ “distinct position in the wealth space and impeccable reputation are what initially attracted me to the firm, and I’m honored to be working with such an exceptional group of professionals,” according to Wickwire. “As CEO, I look forward to working with … the entire WMS team as we continue to build a service-centric firm delivering unique planning and investment solutions for our clients,” he said in a statement.
Wickwire’s many “years of experience working in capital markets, institutional brokerage and investment research naturally complement our team and strengthens the firm’s position as the leading wealth advisory firm in the Mid-Atlantic region,” according to Timothy Chase, WMS chairman and co-founder.