Aureus Asset Management Appoints Thad Davis as President and Chief Executive Officer

Aureus Asset Management (“Aureus” or the “Firm”), an independent investment firm dedicated to delivering long-term performance and unparalleled service to high-net-worth individuals, families, and institutional investors, today announced that Thad Davis has been appointed President and Chief Executive Officer of the Firm. Karen Firestone, Co-Founder of Aureus who previously served as Chairman and Chief Executive, has transitioned to serve as Executive Chairman.

Mr. Davis joined Aureus in 2005, the year the Firm was founded, as co-portfolio manager of its Core Equity Strategy. Over the past two decades, he has become a widely respected investment professional and executive who combines strong leadership skills and a commitment to delivering exceptional client service with extensive experience and expertise spanning wealth management for individuals, families, and institutional investors.

Prior to joining Aureus, Mr. Davis was with Bear Stearns Asset Management where he was a vice president responsible for research and management of small and large-cap value equity portfolios. Before that he was a vice president and portfolio analyst for Putnam Investments. Earlier in his career he served as an associate research analyst at Montgomery Securities which later became part of Banc of America Securities.

“Since our founding, Aureus has been singularly focused on providing clients with trusted, highly personalized client service and exceptional investment and wealth management capabilities to help generate long-term results,” said Karen Firestone, Executive Chairman of Aureus Asset Management. “Thad’s proven track record, his expertise in building and leading teams, his intimate knowledge of Aureus’ culture and his deep commitment to both the Firm and our clients’ success, make him the ideal individual to drive Aureus forward as we work towards achieving our next phase of growth.”

“High-net-worth individuals, families, and institutional investors are increasingly looking to trusted and highly experienced investment and wealth management firms to help them navigate today’s complex and rapidly evolving global capital markets landscape,” said Mr. Davis. “We have a terrific opportunity to build on the solid foundation that Karen and our entire team have worked tirelessly to develop in support of our clients’ financial objectives. I believe that our platform and our team is among the best in the industry, and I am energized and excited to help take the Firm to even greater heights.”

Mr. Davis earned his BA from Harvard College, MBA from NYU’s Stern School of Business, and is a CFA charterholder.

About Aureus Asset Management

Aureus Asset Management is an independent investment firm dedicated to delivering long-term performance and unparalleled service to high-net-worth individuals, families, and institutional investors. The Firm was founded in 2005 by Karen Firestone and David Scudder and is headquartered in Boston. To learn more, please visit www.aureus-asset.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240409252330/en/