Falls Church, VA-based Lara, May & Associates, an independent wealth management firm, has named Charles Shaw as chief executive.

Falls Church, VA-based Lara, May & Associates, an independent wealth management firm, has named Charles Shaw as chief executive.

Shaw has around 30 years of experience in the financial services industry, having held senior roles at wealth management organizations including Fifth Third Private Bank, KeyCorp, McDonald Investments and Federated Investors. 

Founded in 1981 by Ronald Lara, LMA provides wealth advisory and brokerage services to affluent individuals, businesses, pensions and foundations. It also offers wealth planning, investment management, retirement planning, risk management advice and private banking and trust services.

LMA is a partner firm of Focus Financial Partners, the US international partnership of independent, fiduciary wealth management firms.