Executive search and leadership consulting firm RSR Partners has acquired Higdon Partners, a US-based asset management recruiting and advisory boutique, for an undisclosed sum.

Higdon Partners, founded in 1986 by Hank Higdon, is focused on helping investment management clients solve their complex leadership needs.

Hank Higdon has now assumed the role of vice chairman of RSR.

RSR Partners CEO Brett Stephens said: “Combining our board advisory capabilities with Higdon Partners’ renowned asset management expertise uniquely positions our firm at the increasingly important nexus of institutional shareholders and corporate boardrooms to provide unparalleled strategic counsel and leadership advice.”

RSR Partners founder and chairman Russ Reynolds said: “Hank Higdon, Jane Bierwirth, Maryann Bovich, Ed Fowler, Meg Morris, and the entire Higdon Partners team are some of the most experienced and respected professionals in asset management recruiting and advisory. They are a wonderful addition to our financial services capabilities.”