Andy Berg is stepping down as CEO of Homrich Berg, after growing the Atlanta-based registered investment advisory firm to $14 billion in assets over nearly 3 1/2 decades. Effective Jan. 1, Homrich Berg President Thomas Carroll will take over as CEO and Berg will remain in the role of chairman of the firm's board of directors. The moves are part of a planned, multi-year transition begun when Carroll was hired in 2020. Berg co-founded Homrich Berg in 1989 along with David Homrich—and a $100,000 loan from his father. Both from tax backgrounds, the duo managed less than $10 million for clients in the early years. By the time Home Depot co-founder Arthur Blank, a client of theirs, persuaded Homrich to leave to help him build a family office in 2001, the pair had grown the firm to nearly $500 million in assets under management.