Steward Partners has announced that Keith Taylor has been appointed Chairman of the Board, effective at the end of the year. Taylor, a long-standing board member and Managing Director at The Cynosure Group, will succeed Michael McMahon, who is stepping down from his formal role after years of dedicated service.
McMahon, the founder of Pine Brook Partners, is widely respected across the financial services industry. With nearly four decades of experience spanning private equity, energy, and financial services, he has served on numerous public-company boards. While retiring as Chairman, McMahon will continue to support Steward Partners in an honorary capacity, ensuring continuity and thoughtful guidance during the leadership transition.
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Taylor has been a member of Steward Partners’ Board since 2019, joining following the firm’s strategic partnership with Cynosure. His appointment reflects a natural progression as Steward continues to expand nationally, strengthen its leadership structure, and pursue long-term growth. Over the years, Taylor has played an active role in shaping the firm’s strategic direction and governance.
Jim Gold, Chief Executive Officer of Steward Partners, described Taylor as a trusted partner whose insight and judgment have consistently added value to board discussions. He emphasized that Taylor’s leadership will be critical as the firm continues to evolve its platform and support the advisors and clients who define its culture. Gold also expressed gratitude to McMahon, noting that his guidance helped shape Steward Partners into the firm it is today.
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With more than 20 years of experience in private equity and financial services, Taylor brings deep industry knowledge to the Chairman role. His career includes senior positions at The Carlyle Group, Goldman Sachs, and JPMorgan. Through his work at Cynosure, he has been closely involved in investments across asset management and wealth advisory businesses and currently serves on the boards of Savat, Avalon Advisors, Prumentum Group, and Steward Partners.
Hy Saporta, President and Chief Operating Officer of Steward Partners, highlighted Taylor’s deep appreciation for what makes the firm unique its people, partnership-driven culture, and long-term mindset. He added that Taylor’s leadership will help preserve and strengthen these qualities as Steward continues to modernize and scale.
Gold noted that the leadership transition comes at the close of another strong year for the firm and reflects both the depth of Steward’s board and its commitment to building a durable, long-term enterprise.
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Founded in 2013, Steward Partners has grown into one of the industry’s most influential and fastest-growing RIA firms. In recent years, the firm has earned numerous accolades, including a top-10 ranking on Barron’s 2025 Top 100 RIA Firms list, recognition across InvestmentNews, AdvisorHub, Forbes | SHOOK, and USA TODAY rankings, and repeated placement on the Inc. 5000 list. Together, these honors underscore Steward Partners’ momentum, client-first philosophy, and continued dedication to excellence in wealth management.
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Source : prnewswire