Larry Swedroe, the long-tenured head of financial and economic research at Buckingham Strategic Wealth, has left the firm.
Swedroe confirmed his departure via LinkedIn after it was first reported by Citywire. He worked at Buckingham for nearly 30 years, moving through a number of roles while writing more than a dozen books on investing.
Swedroe said his exit stems in part from Buckingham Strategic Wealth's ongoing merger with The Colony Group, its fellow Focus Financial affiliate firm. That decision was announced by Focus in May.
Buckingham's chairman and CEO, Adam Birenbaum, is now the combined company's CEO, while Colony Group CEO Michael Nathanson, who on April 30 was named CEO of Focus, has shifted his focus to this role.
Birenbaum thanked Swedroe for his decades of contributions in a written statement shared with ThinkAdvisor. He noted that Swedroe transitioned from his responsibilities as chief investment officer nearly a decade ago and from his role as an owner and full-time employee over four years ago,
"Over my many years at Buckingham, there have been a few key team members that have had a profound impact — not just on me but on the lives of countless others," the Buckingham executive wrote. "Larry falls in that category. … He has never lost his day-one passion to educate and help advisors and clients. It's been remarkable."
