Derek Bruton, who stepped down as Kingswood U.S. CEO in June, has landed at Gladstone Group, an executive search firm and M&A advisory for RIAs, asset managers, broker/dealers, fintech companies and institutions, as senior managing director.
In the new role, Bruton will lead Gladstone’s strategic growth consulting division and support the executive search and M&A advisory businesses as well. Bruton will work with RIAs, broker/dealers and other wealth management firms on their mergers and acquisitions strategies, talent acquisition and organic growth goals.
Bruton has been in the industry for over 30 years. He got his feet wet at Japanese trading company Mitsui & Co. in the early 1990s as an equity analyst. He eventually moved on to Charles Schwab, spending seven years as a regional sales director, according to his LinkedIn profile. Bruton then went on to work at Merrill Lynch, TD Ameritrade, LPL Financial, Oppenheimer & Co. and, lastly, Chalice Wealth Management before leading Kingswood U.S.’s wealth management unit.
According to a Gladstone statement, Bruton is responsible for the recruitment of over 10,000 advisors in his career, and he’s counseled more than 20,000 advisory firms and institutions on strategy and growth.
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