People Moves

US Financial Advisory Firm Names New Investment Chief

Tom Burroughes Group Editor June 1, 2018

US Financial Advisory Firm Names New Investment Chief

The firm oversees about $21.6 billion in AuM and operates across the world.

US-based United Capital Financial Advisers  has appointed Kara Murphy, CFA as its new chief investment officer. She has worked in the industry for more than 20 years.

Her hire fills a vacancy left by the previous CIO Rob Brown, who has since left United Capital.

Murphy was previously CIO at SunAmerica Asset Management, a member of America International Group (AIG). She also served as a vice president, equities analyst at Chilton Investment Company and an associate vice president, equities analyst at Morgan Stanley Investment Management.

Murphy began her employment at United Capital on May 30. Her appointment follows the addition of Robert Landry, CFA formerly CIO of USAA, as United Capital’s  chief investment strategist, and she will report to Joe Duran, founder and CEO.

The firm has about $21.6 billion in assets under management and 86 offices nationwide.

Register for FamilyWealthReport today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes