HB Wealth's Succession Plan Drives Growth Over 12 Years
HB Wealth, an Atlanta-based registered investment advisor (RIA), implemented a 12-year succession plan that led to its continued growth and strategic expansion. After co-founder David Homrich left in 2001, the remaining founder Andy Berg developed a long-term strategy for leadership transition and equity-sharing with partner advisors. This planning culminated in Thomas Carroll becoming CEO in January 2024, overseeing key developments including a $6.4 billion acquisition of a multi-family office.
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Topics: leadership transition RIA growth succession planning