David Hutchinson has been appointed to the newly created position of Midwest divisional manager of AssetMark Inc., a provider of investment and consulting solutions for financial advisors, AssetMark announced Thursday.

Hutchinson previously served as managing director at a startup turnkey asset management firm. Prior to that, he held senior sales leadership positions with Schwab Institutional.

The creation of the new position is part of AssetMark’s new team-based consulting model, AssetMark says.