Triad: New Executive Hires to Drive Wealth Management Expansion
Company - People | Jun 30, 2025 | EIN
Kansas-based Triad Partners is expanding its influence in the wealth management sector with the hiring of new executives and the formation of Triad Wealth Partners, a Registered Investment Advisor (RIA) anticipated to hit $1 billion in assets under management by year-end. Derek Sullivan has joined as CFO, bringing with him extensive experience from Fidelity Investments. Additionally, Scott Rinehart has been promoted to the role of president and chief wealth officer of Triad Wealth Partners. With a focus on independent financial advisors who value both insurance and wealth management, Triad anticipates significant growth through these strategic hires.
Sectors
- Wealth Management
- Insurance
- Financial Advisory
Geography
- United States – Triad Partners, based in Kansas, is operating and growing within the United States.
Industry
- Wealth Management – Triad Partners is expanding into wealth management through its subsidiary Triad Wealth Partners, aiming for $1 billion in assets under management.
- Insurance – Triad Partners was originally focused on insurance products such as annuities, and continues to integrate this into its growing wealth management services.
- Financial Advisory – Triad Partners serves independent financial advisors, integrating both wealth management and insurance services for their clientele.
Financials
- $1 Billion – Targeted amount of assets under management for Triad Wealth Partners by the end of the year.
- $750 Million – Current assets under management at Triad Wealth Partners.
- $425 Million – Regulatory assets under management according to the latest form ADV dated June 11, 2025.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Triad Partners | Target Company | Company | A field marketing organization expanding from insurance to wealth management services. |
| Derek Sullivan | New CFO | Person | Former Fidelity executive appointed as CFO of Triad Partners. |
| Scott Rinehart | President and Chief Wealth Officer | Person | Promoted to lead Triad Wealth Partners and its wealth management initiatives. |
| Fidelity Investments | Previous Employer of Derek Sullivan | Company | A multinational financial services corporation where Derek Sullivan previously worked. |
| Quin Kilgore | CTO | Person | Recently appointed Chief Technology Officer at Triad Partners. |
| Jessica Daniels | COO | Person | Recently appointed Chief Operating Officer at Triad Partners. |