MutualFundWire.com: A $10.4B Boutique's Co-Founder Passes the Torch

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Wednesday, January 27, 2016

A $10.4B Boutique's Co-Founder Passes the Torch

One of the founders of a $10.4-billion asset management boutique is passing the torch without departing.

Barry McInerney
BMO Global Asset Management
Co-Chief Executive Officer

Barry McInerney, co-CEO of BMO Global Asset Management [profile], confirms that Janelle Woodward recently took over Miami-based Taplin, Canida & Habacht (TCH) as president. Woodward succeeds Tere Alvarez Canida, a founder of TCH who now serves as chairperson. And another TCH veteran is stepping into Woodward's old shoes, too.

TCH is a wholly-owned subsidiary of BMO that specializes in U.S. taxable fixed income. TCH subadvises several U.S. mutual funds for BMO, and it also subadvises the Aston/TCH Fixed Income Fund.

A spokesperson for Aston [profile] parent AMG was not immediately able to comment on the changes at TCH.

McInerney describes the shift as a "a natural succession" at TCH and notes that Alvarez Canida is "very engaged and still in the office every day."

Janelle Woodward
Taplin, Canida & Habacht
President, Portfolio Manager

"Janelle is now overseeing the day-to-day business of TCH," McInerney tells MFWire.

"This is really part of a very long-established succession plan," Woodward says. "Tere is still involved in the business. She will remain as part of the management committee. She's just transitioned her day-to-day responsibilities on the portfolio management side as well as the business side."

Woodward most recently served as chief operating officer and director of research at TCH. She confirms that Ronald Salinas, a research analyst who first joined TCH in 2004, has been promoted to director of research. COO, Woodward says, "was really a transition role" and those duties have been absorbed into her new role as president.

"We have a team-based culture, a team-based approach," Woodward says, describing the leadership transition as "really seamless internally" and "very well thought out."

Ronald Salinas
Taplin, Canida & Habacht
Director of Research

Woodward is a Taylor University alumnus who joined TCH in 2011 and rose to COO in 2013. She previously worked at Accenture and Ashton Partners.

Alvarez Canida is an alumnus of Georgetown and of George Washington University. She co-founded TCH in 1985.

Salinas is an alumnus of Notre Dame and of the University of Miami.

Printed from: MFWire.com/story.asp?s=53348

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