Balentine Strengthens Succession with New Principals

Portfolio - People | Feb 13, 2025 | EIN

Balentine Strengthens Succession with New Principals

Balentine, a prominent wealth management firm, has announced the promotion of Matt Raines, Mallorie Reynolds, and Liz Thomas to Principals in its Atlanta and Raleigh offices. This move is part of Balentine's strategy to strengthen its succession planning and ensure continued leadership grounded in its core values of excellence, integrity, mutual respect, and entrepreneurial spirit. Matt Raines, known for his leadership in financial planning and rapid team growth, Mallorie Reynolds, who has significantly enhanced financial operations, and Liz Thomas, who has bolstered the firm's marketing and public image, represent the next generation of leaders. The promotions underscore Balentine's commitment to nurturing internal talent and positioning the firm for enduring success.

Sectors

  • Financial Services
  • Wealth Management

Geography

  • United States – Balentine is based in the U.S., with offices located in Atlanta, Georgia, and Raleigh, North Carolina.
  • Atlanta, GA – One of Balentine's key office locations and the base for part of its leadership team.
  • Raleigh, NC – Another strategic office location for Balentine, highlighting regional growth and influence.

Industry

  • Financial Services – Balentine operates within the financial services industry, offering wealth management, financial planning, and business advisory services.
  • Wealth Management – As a wealth management firm, Balentine focuses on helping entrepreneurs and families manage and grow their wealth over generations.

Financials

    Participants

    NameRoleTypeDescription
    BalentineTarget CompanyCompanyAn independent wealth management firm with offices in Atlanta and Raleigh.
    Matt RainesPrincipal/Senior Relationship ManagerPersonNewly appointed Principal known for leadership in financial planning.
    Mallorie ReynoldsPrincipal/Director of Accounting and FinancePersonNewly appointed Principal, key in enhancing Balentine's financial operations.
    Liz ThomasPrincipal/Head of MarketingPersonNewly appointed Principal, responsible for elevating Balentine's brand.
    Adrian CronjeCEOPersonCEO of Balentine, responsible for guiding firm strategy and leadership announcements.