Beacon Pointe Advisors, an independent registered investment advisor with $7 billion in assets under management based in Newport Beach, Calif., has hired Paul Salerno as director of strategic and financial planning.

Salerno joins Beacon Pointe with more than a decade of experience in the financial planning field. He previously served as the director of financial planning at Tax & Financial Group and was a manager of financial planning at KPMG and The Ayco Company, a subsidiary of Goldman Sachs.