Roger Ochs, president of Choreo, has departed the $27.2 billion RIA. Ochs, a former president and CEO of H.D. Vest Financial Services, was brought in on an interim basis. The firm has not hired a replacement yet. Choreo has added Michael Rittershaus as chief service officer, a newly created position.

Rittershaus joins from Edelman Financial Engines and will focus on advancing Choreo’s growth strategy by helping advisors deepen client relationships and expand into new markets. Choreo has been strengthening its leadership team to support advisors and clients, with a focus on enhancing the advisor and client experience.

Choreo was created in 2022 when private equity group Parthenon Capital lifted the wealth management business out of accounting firm RSM. In July, the firm recruited Jason Van de Loo as CEO and Keith Kotfica as chief growth officer. Van de Loo aims to accelerate growth, strengthen client and advisor experience, and build the leadership team.

Choreo has been growing its CPA partner program, the Choreo Partner Alliance, by acquiring RIA subsidiaries of CPA firms. This includes Cherry Bekaert Wealth Management, GreerWalker Wealth, and the wealth management business of BDO USA. The partnership with CPAs includes sharing real estate, revenue, providing education, and offering an equity stake in the RIA.

Read more at Yahoo Finance: Choreo President Roger Ochs Leaves the $27B RIA