Stagnant assets and a series of executive changes at The Presidio Group, a $3.5 billion wealth management firm in San Francisco, have put expansion plans on hold and left the firm working to rechart its course.

Co-founder Brodie Cobb, who suffered a devastating hip injury in a 2012 bicycle accident, underwent surgery and earlier this year relinquished his chief executive role to private equity head Karl Schade. Since then, the firm has undergone several executive changes:

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access