Top 50 Firm HBK announced today its executive committee has voted to split leadership of its two entities, HBK CPAs & Consultants and HBKS Wealth Advisors, giving each its own top executive.
Christopher Allegretti, HBK's CEO and managing partner since 2004, will remain at HBKS Wealth Advisors, while Thomas Angelo will oversee HBK CPAs and Consultants as CEO and managing partner Jeremy Hartzell will join Angelo's executive team as COO.
The changes are effective as of Sept. 1, 2024.
"Our growth has created a need for more leadership, and we are fortunate to have attracted professionals who are also great leaders," Allegretti said in a statement. "We regularly move deserving people into leadership roles, and they pay us back by exercising and enhancing those skills. Tom and Jeremy are uniquely qualified for their new roles, and we look forward to their impact on our firm and how we serve our clients by providing forward-looking, anticipatory, and relevant services."
The announcement coincides with the firm's 75th anniversary. HBK was founded in 1949 and added its wealth management practice in 2001. It has 16 offices across five states with over 700 employees, and its wealth management practice is among the top registered investment advisories with nearly $7 billion assets under management.
