Lebenthal Asset Management has hired industry veterans Lee Pease and Mark Kennard to further the development of the firm’s institutional asset management capabilities and work on broadening distribution into additional channels.

Pease and Kennard each bring more than 25 years of experience in the investment management industry. Most recently, the two operated Haddonfield Square Partners, an investment advisor firm that focused on consulting to investment managers and fiduciaries. Prior to forming Haddonfield Square Partners, both Pease and Kennard were employed by Smith Barney Consulting Group.

Lebenthal Asset Management is the asset management division of Lebenthal Holdings LLC. The New York-based firm provides a broad range of wealth management, asset management and capital markets products and services to institutional and retail clients.

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