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Calamos Wealth Management names chief investment officer

Calamos Wealth Management LLC named J. Reed Murphy chief investment officer, Pensions & Investments reported, citing an email from spokesman Greg Joslyn.

Murphy is replacing Michael Kassab, who is moving to chief market strategist for Calamos Investments LLC. Murphy will report to Calamos Wealth Management President Jim Baka and will oversee all aspects of the firm's investment platform. The company has about $1.6 billion in assets under management.

Murphy was previously president and CIO of TC Wealth Partners LLC.