Scott Dooley Appointed CIO of Sowell Management

Sowell Management appointed Scott Dooley as Chief Investment Officer. The firm restructured its investment management platform into the Sowell Office of the CIO, a centralized resource designed to provide independent advisors with institutional-grade capabilities. Sowell Management oversees approximately $6.8 billion in client assets as of October 2026.

The move reflects growing competition in the independent advice channel, where smaller Registered Investment Advisors increasingly compete against large rivals like wirehouses and private banks. The new structure allows independent advisors to access institutional investment resources without the internal overhead.