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Inverness adds senior vice president for wealth advisory services


Inverness Investment Group, an independent investment counsel and wealth management firm located in Beachwood, Ohio, has added Paul T. McCormack as senior vice president of wealth advisory services.

McCormack joins Inverness from UBS Financial Services, where he and his team managed more than USD500m for entrepreneurs, business owners, corporate executives, medical professionals and attorneys, helping them meet their wealth management goals and objectives.  

McCormack brings more than two decades of experience in financial and wealth advisory services to the Inverness team. 

Prior to his six years at UBS, McCormack was a financial adviser at Sagemark Consulting, a division of Lincoln Financial Advisors. In addition, McCormack spent more than ten years as an investment banker most recently with the corporate finance group of Ernst & Young.  

Inverness’ founding principal Richard B. Renner says: "We are delighted to add Paul’s considerable talents to our firm. Quality advisers like Paul are hard to find but more and more of them are looking for the unbiased independence they get with opportunities at boutique firms like Inverness Investment Group."

McCormack adds: "I am looking forward to the investing flexibility and freedom my clients and I will have with Inverness. Inverness’ open, unbiased approach to wealth management as well as their investment philosophy is well aligned with mine."

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