People Moves

Morgan Creek Recruits Three For New Private Wealth Group

Eliane Chavagnon Editor - Family Wealth Report 30 October 2015

Morgan Creek Recruits Three For New Private Wealth Group

The North Carolina-based firm has recruited from Model Capital Management, Guggenheim Investments and Highland Capital Management.

Morgan Creek Capital Management has made three senior hires to round out its new private wealth advisory group.

Michael Forstl - who joined as a senior managing director and head of intermediary distribution in 2014 - will oversee the team, which includes managing directors Christopher Arnold in the north, Tony Wilson in the west and Joseph McQuaid in the south.

The group will work primarily with intermediary distribution channels, with a focus on wealth advisors overseeing $500 million to $2 billion in assets.

Arnold joins Morgan Creek from Model Capital Management, where he was a strategy consultant. Before that, he was a national sales manager at Beaumont Capital Management, having earlier worked at Windham Capital Management and TS Capital.  

McQuaid meanwhile joins from Guggenheim Investments, where he was a regional vice president, and before that spent nine years at Mainstay Investments - most recently as national sales manager for the RIA channel.  

Wilson joins Morgan Creek from Highland Capital Management, where he was a senior director managing the western US region. Before that, he worked at Artio Global Investors and Turner Investment Partners.

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