Christopher W. Claus, a six-year USAA employee, will assume the leadership role. Roth, who started with USAA in 1974, has agreed to remain on board for 90 days as a consultant during the transition. Claus had been senior vice president of sales and service, overseeing mutual funds and brokerage services.
The investment management company is a subsidiary of USAA, which has its headquarters in San Antonio and offices throughout the US and Europe. USAA owns or manages assets of more than $60 billion, primarily servicing military families.
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