Mesirow faucets Morningstar veteran to steer capital allocation options

Mesirow Wealth Management has recruited Paul Arnold, former Global Head of Multi-Asset Research at Morningstar Investment Management, to the newly created place of Managing Director, Head of Investment Solutions, because the Chicago-based agency deepens its push to distinguish its capital allocation platform for advisors and high-net-worth shoppers.

An organization announcement launched October 6, 2026, says that in his new function, Arnold will oversee strategic asset allocation, supervisor analysis and due diligence, portfolio development and the event of proprietary capital allocation options.

The rent is the newest transfer in a interval of deliberate growth for Mesirow Wealth Management, an employee-owned agency that has been ranked a Barron’s Top 100 RIA Firm for 5 consecutive years and manages approximately $14 billion in assets under management and advisement as of March 31, 2026.

A analysis pedigree from Morningstar

Arnold brings greater than 20 years of capital allocation administration expertise, most of it in multi-asset portfolio development and analysis.

At Morningstar Investment Management, he served because the lead portfolio supervisor for the agency’s ETF Asset Allocation, Active-Passive Asset Allocation and ESG Asset Allocation managed portfolio sequence, overseeing a group that managed greater than $10 billion in property. His background bridges quantitative analysis and sensible portfolio implementation – a mixture Mesirow stated is central to what the agency desires on this function.

“We’re persevering with to construct a best-in-class capital allocation platform for our advisors and shoppers, and bringing Paul in is a vital step in that technique,” stated Brian D. Price, CEO of Mesirow Wealth Management. “Paul’s depth of expertise in capital allocation analysis, portfolio development, supervisor due diligence and capital allocation options will assist us proceed to strengthen and differentiate our providing.”

Arnold framed the transfer as a chance to increase his work translating advanced analysis into usable consumer methods. “Joining Mesirow Wealth Management is an thrilling alternative to work alongside a proficient group that’s laser-focused on serving to folks obtain their monetary targets,” he stated. “I sit up for constructing on the agency’s robust capital allocation capabilities and deepening the assets we now have to assist and empower our advisors and shoppers.”

Building on a progress observe report

The Arnold appointment displays a broader sample at Mesirow Wealth Management, which has accelerated its build-out on a number of fronts.

The agency expanded its high-net-worth providing in September 2023 by way of the acquisition of Chicago-based Front Barnett Associates, a registered capital allocation advisor with greater than $1.2 billion in consumer property on the time of the deal. The following yr, it added Florida-based Price Wealth Management. More lately, it acquired LeafHouse Financial Advisors, a deal that closed July 1, 2026.

Investment platform depth has emerged as a key aggressive differentiator for wealth corporations competing for each advisor expertise and prosperous shoppers.

Mesirow’s determination to create a devoted Head of Investment Solutions function – and to fill it with somebody who ran a multi-billion-dollar multi-asset operation – suggests the agency is positioning its analysis capabilities as a definite promoting level fairly than a secondary perform.

Arnold’s tasks will span throughout Mesirow’s wealth advisory group, which at present contains 40 wealth advisors within the Chicago space. He holds the Chartered Financial Analyst designation from the CFA Institute and holds graduate levels in analytical finance and economics from the University of Chicago Booth School of Business.