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MCLEAN, VA JUNE 10, 2015.

Spire announced today that Richard Hughes has opened an investment office of Spire Investment Partners in West Conshohocken, Pennsylvania. Rich has more than 25 years of experience in the financial services industry as a C level executive. His experience includes being President and CEO of Merion Wealth Partners and as an advisor partner of independent RIA’s. Prior to that, he was the Co-President of Portfolio Management Consultants (PMC) an investment consulting and management division of Envestnet Asset Management.

Rich spent the majority of his career as President of Rittenhouse Financial Services Inc., prior to its acquisition by Nuveen Investments. He was a founding Governor of the Money Management Institute in Washington D.C., and has been a Director on several boards, including Gain Capital and the Philadelphia Depository Trust Company, a subsidiary of the Philadelphia Stock Exchange.