Farther Names Deglin Kenealy as Chief Operating Officer
February 15, 2023
As the wealthtech continues its rapid growth trajectory, Kenealy will help Farther recruit top wealth managers and optimize advisor growth.
NEW YORK – WealthTech firm Farther today announced the appointment of Deglin Kenealy as Chief Operating Officer. Kenealy, a former executive at Fisher Investments, will recruit and lead Farther’s top-tier wealth advisor team – enabling advisors to serve more clients and scale their practices. Following Farther’s successful Series A funding round and the doubling of its staff since mid-2022, Kenealy will work in a central leadership role – as the firm continues its rapid growth trajectory.
At Fisher Investments, Kenealy led operations and drove business development for the largest, fastest-growing, privately-held investment management salesforce – coaching and training a team of 800. He increased recurring revenue from $10 million to over $180 million in less than a decade.
Kenealy also served as Chief Executive Officer at Osborne Partners Capital Management, where he transformed the traditional 75-year-old firm into a nimble company designed to scale and grow. The organizational overhaul he led resulted in a success-oriented, performance-driven environment. Among other roles, he founded a startup for which he raised more than $18 million from high-net-worth individuals, while leading the company from concept to commercialization.
“Deglin’s vast experience and success in wealth management – including developing a high-growth sales and service model at Fisher – will help take Farther to the next level,” said Taylor Matthews, Co-Founder and CEO of Farther. “He will support our advisors in scaling their practices, while recruiting even more top talent to Farther.”
“My passion is building and shaping businesses,” said Deglin Kenealy, Chief Operating Officer of Farther. “I’m proud to join Farther’s visionary leadership team, and I can’t wait to apply my extensive experience and expertise scaling companies to grow this firm, as we work to revolutionize wealth management.”
As Farther continues to invest heavily in both human capital and technology, Kenealy will expand the company’s wealth manager recruitment efforts and help optimize performance. Since mid-2022 alone, the firm doubled its headcount to more than 80 employees across the country – including wealth advisors, engineers, and product team members.
Farther is a new kind of financial institution: combining expert advisors and cutting-edge technology to deliver a comprehensive, personalized client experience. Backed by top-tier venture capital firms, Farther caters to high-net-worth professionals who are building generational wealth and need a more holistic approach to managing their money.