Sowell Management Names Scott Dooley CIO, Launches New Office
Sowell Management has appointed Scott Dooley as Chief Investment Officer and created a dedicated investment office to expand capabilities for independent advisors.
Sowell Management, a North Little Rock, Arkansas-based Registered Investment Advisor serving financial advisors nationwide, has named Scott Dooley its Chief Investment Officer and simultaneously launched a new internal unit called the Sowell Office of the CIO, the firm announced October 19, 2026.
The dual move is designed to broaden the investment resources available to independent financial advisors who operate under the Sowell platform, giving them additional tools to service existing clients and pursue organic business growth. The creation of a dedicated CIO office signals a structural expansion of the firm's investment infrastructure rather than a simple executive hire.
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Sowell Management operates as an RIA, a regulatory designation that requires the firm to act in a fiduciary capacity on behalf of clients. By formalizing investment oversight under a named CIO and a dedicated office, the company appears to be centralizing its investment decision-making process — a step that industry observers often associate with firms scaling toward greater assets under management or broadening their model portfolio offerings.
The appointment of Dooley and the accompanying organizational change reflect broader trends in the RIA space, where independent advisory platforms are increasingly competing on the depth and sophistication of their investment capabilities to attract and retain affiliated advisors.
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