Brooks Macdonald shakes up leadership with CIO role transformation

TLDR:

• Wealth manager Brooks Macdonald has promoted Richard Larner and Michael Toolan to co-CIO roles to replace outgoing CIO Edward Park
• Park will exit the firm later this year
• Larner is currently head of research and Toolan is a senior portfolio director
• Philip Glaze will become chair of Brooks Macdonald’s Investment Committee

Wealth manager Brooks Macdonald has announced that Richard Larner, head of research, and senior portfolio director Michael Toolan will take over as co-chief investment officers (CIO) following the departure of current CIO Edward Park later this year. Larner and Toolan have a combined 35 years of experience at the firm and have demonstrated strong investment acumen and leadership skills. In addition, Philip Glaze will take on the role of chair of Brooks Macdonald’s Investment Committee, responsible for maintaining the firm’s house view and investment rules.