HORAN, the Cincinnati-based advisor, is expanding its range of services with the launch of a new and dedicated wealth management unit.

HORAN Capital Advisors will take over its parent firm's already established wealth management service, advising for over $550 million in assets. Joining the company as portfolio managers and principals are Mark A Bennett, David Templeton, and Nick Reilly. Terry Horan, the president and chief executive of HORAN, will serve as the new firm's managing principal.

HORAN provides insurance services to more than 8 per cent of the greater Cincinnati Tri-State region and represents over 500 companies and 170,000 individuals in the US.