What’s behind Addepar’s latest executive hires

By Sean Allocca

Addepar added six new executive hires, reflecting the performance reporting provider’s healthy growth in recent months but also signaling its mounting challenges.

The firm has seen significant development in the past year and has added 30% in net new client assets to its platform since April, according to a spokeswoman. Sustaining that growth will become an increasing challenge, especially in a volatile market, says David Lessing, the firm’s incoming chief revenue officer.

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