Bruce Laning has been named president of Madison-based investment advisory firm Baker Tilly Investment Advisors LP. He will work out of the Milwaukee office.
BTIA also has offices in Appleton, Minneapolis and Janesville. There are 42 employees.
Steve Parish, who had served as chief executive officer, has left the company. Laning will now lead executive team members Kelly Baumbach, principal, and Brian Powers, chief operating officer, in an “executive office” team format along with outside investors.
Baker Tilly Investment Advisors branched off from accounting firm Baker Tilly and became an independent company in 2013. The company has undergone significant growth over the past decade, and today has $1.9 billion in assets under management.
“I am excited to step into the leadership role as we begin the next chapter of our firm,” Laning said. “We are grateful for the role Steve Parish played in the creation of our client-focused culture and in securing partners that helped us become an independent investment firm.”
Laning joined BTIA in 2012. He previously served for 11 years as a partner and portfolio manager at Marietta Investment Advisors. Before that, Laning was a portfolio manager at US Bank for 12 years.
He holds a bachelor’s in business administration from Valparaiso University and an MBA from Northwestern University. Laning sits on the Valparaiso and Milwaukee Symphony Orchestra boards of directors.