The Boulder-based wealth management and investment advisory services firm announces new executive hire.

Crestone Capital has hired Hull McKinnon, previously of venture capital firm Altira Group, as its new chief financial officer.

At Altira, McKinnon was general partner, and previous to that, CFO. McKinnon takes over from from Doug Bonnette, who has been at Creston for 18 years, and is transitioning into retirement after a nearly 40-year career. Bonnette will join the Crestone board of advisors and will remain with Crestone in an "of counsel" role.

At Crestone, McKinnon will be responsible for overseeing client portfolio accounting and financial and risk management operations for the firm, including the development and refinement of financial strategies, operational strategies and metrics. He will also provide direction and oversight for accounting, finance, IT, compliance and security operations.

“His expertise - which includes managing complex financial operations and directing traditional and non-traditional investments - will be invaluable to both our clients and our senior leadership team," said Eric Kramer, CEO of Crestone.

Crestone currently holds approximately $1.6 billion in assets under management.