Columbus-based wealth management firm CI Budros Ruhlin Roe has announced key changes to its executive leadership team. Scott Rister, a former executive with Charles Schwab & Co., has been appointed as President of the company. After nearly 18 years as Chief Executive Officer, Peggy Ruhlin will ascend to Chair of the Board of Directors, while firm leaders Dan Roe and John Schuman will become Co-Chief Executive Officers.
Roe and Schuman, as Co-Chief Executive Officers, will be charged with developing the firm’s strategic vision and long-term planning, along with Rister, who will also be tasked with implementing the firm’s strategic plan and managing the firm on a day-to-day basis. Ruhlin’s role as Chair of the Board will allow her to continue to play an integral part in shaping the future of the wealth management firm she joined in 1987.
“With nearly 20 years of experience in finance and investments at Schwab, Scott Rister has a demonstrated record as a leader, a sharp financial mind, and an outstanding ability to mentor and develop talent,” said Roe. “We have no doubt that he will continue to innovate the organization and build on our reputation as a leader in the wealth management industry. With Scott working alongside John and me, we believe we have a world-class leadership team in place to effectively shape the future of CI Budros Ruhlin Roe.”
Rister and his wife, Melissa, are Ohio natives and are excited about moving “back home” after many years in Detroit and Chicago. Rister is a graduate of the University of Akron College of Business and began his career as a CPA with Ernst & Young, LLP in Akron, Ohio. He also held finance and accounting positions with Rubbermaid and Range Resources prior to joining Charles Schwab in 1999.
“Having had the opportunity to work with RIAs for most of my nearly 20 years with Schwab, CI Budros Ruhlin Roe is an organization that always stood out because of how well it is organized and managed, but even more so due to the leaders’ passion for their clients and their people. I am honored and excited to join Dan, John and the rest of the BRR team as we leverage what Jim Budros and Peggy Ruhlin built to have an even greater impact on our current and future clients moving forward.”
Ruhlin’s leadership and expertise have shaped not only CI Budros Ruhlin Roe, but the entire financial planning industry. She served as chair and president of the International Association for Financial Planning (IAFP), and was instrumental in its merger with the Institute of Certified Financial Planners to form the Financial Planning Association (FPA) in 2000.
“It has been the privilege of my life to lead and grow this organization, and I’m looking forward to my new role and being a part of what lies ahead,” said Ruhlin. “I am proud of what we have accomplished over the years, and of the positive impact we have made on the lives of our clients and employees.”
About CI Budros Ruhlin Roe Inc.
CI Budros Ruhlin Roe, Inc. (BRR) is a fee-only SEC Registered Investment Advisor, located in Columbus, Ohio. BRR is an independent wealth management firm, serving clients in a fiduciary capacity. The company culture emphasizes excellence in all areas of financial planning and portfolio management. To learn more visit www.b-r-r.com.