Philadelphia-based Wescott Financial Advisory Group has hired Matthew T. Regan as its chief operating officer.

Regan previously worked as a consultant for financial firms looking to undergo large-scale transformations. His clients included Vanguard, where he helped design and launch the company's next-generation investment platform.

Prior to that, Reagan served as a senior managing partner with WR Hambrecht + Co., where he helped oversee the firm’s broker-dealer operation.

Wescott ranked No.100 on Financial Advisor’s 2015 RIA rankings, with more than $2 billion AUM.