Cohen & Steers Appoints Brad Ispass as Head of Enterprise Wealth
Rhea-AI Summary
Cohen & Steers (NYSE:CNS) has appointed Brad Ispass as Head of Enterprise Wealth to lead their newly formed Enterprise Wealth Group. This strategic move aims to expand the company's presence in the U.S. Wealth Management market. Ispass, who previously served as Head of U.S. Advisory Distribution at DWS Group, brings over 20 years of experience in sales management and strategic distribution leadership.
The new Enterprise Wealth Group consists of three specialized teams: Global Strategic Accounts, Independent Platforms, and Enterprise Wealth Sales. This initiative follows the company's recent appointments in Private Wealth Solutions and ETF divisions, demonstrating their commitment to expanding capabilities in private real estate and ETF markets.
Positive
- Strategic expansion into U.S. Wealth Management market through new Enterprise Wealth Group
- Experienced leadership hire with over 20 years in sales management
- Structured approach with three specialized teams for different market segments
- Continued investment in talent and infrastructure for long-term growth
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, CNS gained 1.26%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Dan Noonan, Head of
"The creation of the Enterprise Wealth Group is a pivotal move in our strategy to grow market share in our core asset classes, expand into private assets and ETFs, and drive organic growth from the rapidly expanding RIA market. Brad's leadership will be instrumental in executing this vision."
Mr. Ispass brings more than two decades of experience in sales management and strategic distribution leadership. Prior to joining Cohen & Steers, he served as Head of
The Enterprise Wealth Group is comprised of three specialized teams:
- Global Strategic Accounts: home office coverage of full-service broker-dealers, sub-advisory relationships, OCIOs and global banks.
- Independent Platforms: coverage of custody and clearing firms, independent hybrid firms, TAMPs, and national and enterprise platforms.
- Enterprise Wealth Sales: sales and client development for the enterprise and multi-family office RIA market.
This announcement reflects Cohen & Steers' continued investment in talent and infrastructure to support its long-term growth strategy in the wealth management space. In 2023, the firm appointed John Moore to establish a Private Wealth Solutions team, supporting the expansion of its private real estate business. Earlier this year, Griffin Frank and Alexander Berg were named Head of ETF Capital Markets and Head of ETF Sales, respectively—further strengthening the firm's capabilities in the ETF space.
About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in
Website: https://www.cohenandsteers.com
Symbol: NYSE: CNS
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SOURCE Cohen & Steers, Inc.