The chief of a $74-billion-AUM, five-shop multiboutique asset manager is passing the reins.
| Robert Daniel Kendall III
Carillon Tower Advisers
Today Jeff Dowdle
, chief operating officer of Raymond James
that the St. Petersburg, Florida-based, publicly traded broker-dealer is hiring Bob Kendall
as the next president of Carillon Tower Advisers
, RayJay's asset management business. Kendall, who will start on Friday, succeeds Cooper Abbott
, who retired from the firm at the end of March.
Abbott did not immediately respond to a request for comment.
Kendall most recently hailed from DWS, where he served as regional head of the Americas and co-head of the global coverage group before leaving
"We have great confidence that he will lead the firm and its affiliates into a new phase of growth, drive forward our culture of collaboration and transparency, and build on our commitment to meeting client needs," RayJay's Dowdle states. "In addition, we would like to thank Cooper Abbott for his nearly two decades of service and his dedication to building a leading multi-boutique asset management firm. We wish him the best in his future endeavors."
Kendall shared his excitement about his appointment.
"I feel fortunate to be fully aligned with Carillon's model of focusing on alpha generation through active management, providing scalable business support to our talented investment teams, and offering solutions for investors through a broad lineup of investment capabilities across asset classes," Kendall states.
DWS 11 years ago, and he rose to lead the Americas there in 2016. Before that, he spent more than a dozen years at Van Kampen, where he rose to national sales manager. He attended the University of Iowa's Tippie College of Business.
Abbott has led Carillon Tower since its creation
in 2016. He joined the RayJay family in 2001, and he led
RayJay's Eagle Asset Management subsidiary prior to the creation of Carillon Tower (which includes Eagle and several other boutiques). Earlier, he worked at Deutsche Bank. He is an alumnus of UPenn's Wharton School and of Brown University.
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