Insurance broker Acrisure has announced the launch of a new asset management division to be led by asset and wealth management veteran Patrick Rogers.
Rogers will serve as president of the decision and brings with him a 35-year career having led both Gateway Investment Advisers and Quadrant Capital Group.
He is now responsible for establishing this new line of business through a mix of Acrisure’s mergers and acquisitions capabilities, distribution through the existing broker network and tech-enabled AI solutions.
“This expansion into asset management is the first step in driving our innovative, tech-enabled solutions beyond our core insurance service,” said Greg Williams, Co-Founder, President and CEO of Acrisure.
“Acrisure is leveraging our financial strength, industry expertise and global distribution power with the integration of best-in-class artificial intelligence to tech-enable and expand the traditional insurance model. We’re thrilled to have recruited a proven leader in Patrick to help us take this exciting step forward.”
“Acrisure already maintains a hugely valuable network of trusted advisors with deep and longstanding client relationships,” said Rogers.
“By adding asset management to Acrisure’s repertoire of services, we are unlocking a future of opportunity for clients and advisors alike. I am beyond excited to help Greg and the team realize our ambition for Acrisure to become a world-class financial services juggernaut.”