Sowell Management Appoints Scott Dooley CIO, Launches New Unit
Sowell Management named Scott Dooley as Chief Investment Officer and unveiled its Office of the CIO to broaden capabilities for independent advisors.
Sowell Management, a North Little Rock, Arkansas-based Registered Investment Advisor serving financial advisors and their clients across the United States, has appointed Scott Dooley as its Chief Investment Officer, the firm announced October 19, 2026.
Alongside the executive appointment, Sowell introduced the Sowell Office of the CIO, a newly formed unit designed to expand the firm's investment capabilities and provide independent advisors with additional tools to serve clients and drive organic growth.
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The dual announcement signals a strategic push by Sowell to deepen its infrastructure as competition among RIA platforms for independent advisor relationships intensifies. By centralizing investment oversight under a dedicated CIO structure, the firm aims to deliver more consistent and scalable portfolio solutions to its advisor network nationwide.
Sowell Management operates as an RIA, meaning it holds a fiduciary obligation to act in the best interests of clients — a structure increasingly favored by advisors seeking to align with platforms that carry that legal standard. The creation of a formal Office of the CIO reflects a broader industry trend of mid-sized RIAs professionalizing their investment governance to compete with larger wealth management firms.
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