The move is against a backdrop of change in the organisation that represents much of the family offices and associated groups in the UHNW space in the US – and certain other nations.

Family Office Exchange, or FOX, has announced a number of appointments while also revealing that three of its management team are leaving the organisation. The changes come amidst changes in the niche sector of family office networks, as shown by the Charles Schwab acquisition of Family Wealth Alliance a week earlier.

David Toth has been named as president of membership; Gaby Griffin has been appointed to the newly-created role of managing director of council memberships, and Scott Muench is taking on the newly-formed role of managing director of core memberships. Kent Lawson is taking on the role of FOX’s chief technology officer.

The organisation, which has more than 8,000 members in 17 countries, said in a statement late last week that as part of these organisational changes, Jonathan Tunner, Scott Winget and Tony Gebely would be leaving the FOX management team.

Toth has been with FOX for more than eight years, most recently as interim co-president of membership; prior to this, he was a FOX member for seven years in his leadership role at PNC Financial. Griffin has been at FOX for more than three years, most recently as interim co-president of membership. She has worked at Capital Group, LaSalle Bank, and Abbot Downing (the old UHNW business of Wells Fargo). She has worked in the sector for 25 years. Muench has been at FOX for two years, and before that, spent almost 25 years at Northern Trust, serving in leadership roles in investment management, investment governance and UHNW relationship management. 

Lawson has been at FOX for almost two years, the group said.