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Financial Advisory  + RIAs & Financial Advisors  |  May 23, 2023
Orion Founder, CEO Clarke to Step Down at End of Year
Joe Palmisano
By: Joe Palmisano

Orion Founder, CEO Clarke to Step Down at End of Year

Orion Advisor Solutions, a turnkey asset management provider, announced that Eric Clarke, founder and CEO, plans to retire at the end of the year. Clarke will continue to serve on Orion’s Board and will work on a “smooth leadership transition.”

Clarke’s retirement comes just one week after Orion appointed Charles Goldman as executive chair of its board of directors. Goldman, the previous CEO of AssetMark, will lead the hunt for a new CEO at the firm. He joined Orion’s board in September and is also a member of private equity firm Genstar Capital’s strategic advisory board. Orion is jointly backed by Genstar and TA Associates.

“Eric has been instrumental in advancing the RIA industry, powering advisors’ success and shaping and bringing to life Orion’s vision to connect the advisor-client journey,” the company said.

Founded in 1999 by Clarke, the Omaha, NB-based firm has $3.6 trillion in assets under administration and nearly $62 billion of wealth management platform assets.

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About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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