Parsippany-based Summit Financial appointed Kevin Barry as its chief investment officer, according to a Tuesday announcement.
The addition of Barry, who has more than 25 years of experience in investment management, underscores the firm’s assertive approach to deepening the level of resources available to its growing roster of investment advisers.
Barry most recently served as chief investment officer at CAPTRUST, and he brings a nuanced understanding of the markets and a track record of developing and supporting investment management programs.
“Securing a talented investment leader like Kevin is a significant milestone in our evolution as a platform that meets our advisers’ needs and accelerates their future success,” Stan Gregor, CEO of Summit Financial, stated.
Barry’s market insights have been featured on CNBC, Bloomberg and other broadcast media outlets. During his time at CAPTRUST, Barry oversaw more than $60 billion in discretionary assets under management for individual and institutional level clients. At Summit, he will broaden the range of resources, solutions and flexibility of the investment offerings available to advisers and their clients.
“Summit has a solid foundation, an innovative mindset and a clear runway for growth,” Barry added. “The firm’s culture grows from 40 years of empowering independent advisers and creating opportunities for clients, and I look forward to partnering with their team as we take an already great investment platform to the next level.”
