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Financial Advisory  + RIAs & Financial Advisors  | 
Orion Founder, CEO Clarke to Step Down at End of Year

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 for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.