OMAHA, NE–(Marketwired – September 14, 2016) – NorthStar Financial Services Group, LLC (NorthStar), a holding company for several subsidiaries which offer unique services within the financial industry, has added a National Accounts team to support the firm’s rapid growth in assets and relationships among its subsidiaries, including The Gemini Companies (Gemini), Orion Advisor Services (Orion) and CLS Investments (CLS). The National Accounts and Marketing teams will be led by Todd Clarke, formerly the CEO of CLS. Ryan Beach, formerly president of CLS, will assume the role of CEO effective immediately.

NorthStar, which currently services nearly $430 billion in assets, has organized two new sales and distribution groups at the NorthStar level which will be led by Clarke and Bill Wostoupal, executive vice president. Wostoupal will lead the Institutional Sales team, focused on servicing institutional clients such as 529 plans, state retirement platforms and institutional mandates. In addition, Clarke and Wostoupal will continue to help drive strategic direction for all NorthStar subsidiaries through their roles as senior executives.

“These changes mark an exciting new time for NorthStar,” said Clarke. “We feel that we have the proven ability to accelerate each subsidiary’s growth by maintaining focus on product innovation and providing the best possible service to our clients. I’ve been at the helm of CLS for a long time – and I will continue to work with the amazing team we have assembled there- but as NorthStar collectively grows and our group of subsidiaries continues to integrate services, my new post will allow me to be more effective in servicing the entire NorthStar client base.”

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