Executives Reshuffle: Philip Rogerson Assumes Role as SVP and Head of the RIA Division at AssetMark
AssetMark, a leading independent wealth platform, is embarking on a growth trajectory with the aim of becoming the go-to destination for financial advisors across multiple channels. This expansion strategy includes a significant investment of $10 million in a new East Coast hub located in Charlotte, North Carolina, which is expected to create 252 new jobs.
The Charlotte hub, under the leadership of Phill Rogerson—appointed as Senior Vice President and Head of the RIA Channel—is designed to accelerate growth in the Registered Investment Advisor (RIA) space, one of the fastest-growing segments in wealth management. Rogerson brings over 30 years of experience in wealth and investment management, and his role will focus on helping RIAs improve operational efficiency, scale their businesses, and enhance enterprise value.
The move to Charlotte is part of AssetMark’s national expansion strategy, aiming for a coast-to-coast presence with four main hubs: Concord (headquarters), Phoenix, Chicago, and Charlotte. The new hub will strengthen AssetMark’s capability to serve financial advisors with an integrated suite of services, enabling RIAs to concentrate more on growth and client relationships rather than operational tasks.
Phill Rogerson expressed his excitement about joining AssetMark at a pivotal time, referring to the significant progress made with the Adhesion and Voyant acquisitions. He also highlighted the suite of integrated services offered by AssetMark that allow RIAs to focus more on growth and client relationships.
The RIA channel is identified as a critical growth driver for AssetMark. Rogerson's expertise will be used to accelerate growth in this segment, one of the industry's fastest-growing sectors. He mentioned his intention to build on the momentum at AssetMark and continue the company's mission to empower financial advisors to provide better outcomes for their clients.
The expansion to Charlotte is not only a strategic move for AssetMark but also a significant contribution to the regional economy, creating 252 new jobs. This investment in the new hub reaffirms AssetMark’s commitment to becoming a leading independent wealth platform across broker-dealer, RIA, and financial institution channels.
[1] AssetMark Press Release, "AssetMark Announces Expansion into Charlotte, North Carolina," 14 April 2021. [2] AssetMark Press Release, "Phill Rogerson Joins AssetMark as Senior Vice President and Head of the RIA Channel," 14 April 2021. [5] Phill Rogerson LinkedIn Profile, accessed 15 April 2021.
- The newly established AssetMark hub in Charlotte, North Carolina, with Phill Rogerson leading the RIA Channel, will employ technology to enhance operational efficiency for Registered Investment Advisors (RIAs), allowing them to focus more on business growth and client relationships.
- AssetMark, with its expansion into Charlotte, aims to strengthen its business in the fastest-growing segment of wealth management, the RIA channel, by leveraging technology and finance to provide integrated services and facilitate growth for financial advisors nationwide.
