Brad Olson has resigned as chief financial officer of Guggenheim Partners, in order to join cloud-based enterprise software company Mezocliq as its first-ever president, Axios has learned. He has been with Guggenheim since late 2011, after stints with Nomura Securities, Merrill Lynch and Citigroup.

Why it matters: Guggenheim Partners is a massive investment and advisory firm, with more than $260 billion in assets under management. It's led by Mark Walter, who also owns the LA Dodgers, and will promote chief accounting officer Michael Levatino to the CFO role.

Next move: Mezocliq was founded by veteran tech CEO Vikas Kapoor, and focuses on enterprise data governance. Guggenheim, which declined comment for this story, is a client.