Here is summary of European people moves in wealth management for July 2014.

UK
Spanish firm Santander Asset Management appointed Robert Noach as its first non-executive director in the UK. Noach previously headed both the UK and Global Financial Institutions groups at Schroders between 2001 and March 2014.

The research and investment strategy team at AXA Investment Managers appointed David Page as a senior economist in the UK. In this role, Page provides estimations of short- and medium-term trends as well as analysis of long-term structural themes, with a particular focus on US and UK economics and policies as the firm looks to extend its global reach. He reports to Eric Chaney, head of research at AXA IM and chief economist at AXA Group.

Richard Morley named president of the Chartered Institute for Securities and Investment’s Manchester and District branch. He heads the body and is responsible for the professional development of its members in the region as well as promoting high ethical standards across the financial services industry.

London-headquartered Brooks Macdonald Grouphas appointed Richard Price as a non-executive director. He becomes a member of the firm’s audit committee, as well as its risk and compliance committee.

Fiona Le Poidevin, the chief executive of Guernsey Finance, will leave in early 2015 to become chief executive at the Channel Islands Securities Exchange. Le Poidevin joined Guernsey Finance as technical director and deputy chief executive in early 2011 and succeeded Peter Niven as chief executive in July 2012.

AKG Actuaries & Consultants appointed Matt Ward as its new head of communications. Ward is responsible for marketing and communication activities, while supporting the continued expansion of AKG’s core provider profile services and the development of its consultancy proposition.

Ashcourt Rowan Asset Management appointed Andre Girault and Tim Dickens from HSBC Global Asset Management, based in London. They previously held the roles of director and investment manager, respectively.

Sarasin & Partners added two new investment managers to its charity division. Alexander True joined from Standard Life Wealth, having previously managed private clients and charities at Credit Suisse. Edmund Salveson was previously at Brewin Dolphin, where he spent eight years, latterly as deputy head of research.

Ashcourt Rowan chief operating officer Richard Sinclair stepped from the board with to assume a senior role at another company. The firm said in a statement that it was not looking for a replacement and that Sinclair’s responsibilities would be split across the group. Non-executive director Steve Haines also stepped down from the board and has an an executive role as head of the group’s governance and risk functions. Hugh Ward, chairman of the board, was appointed as the new chairman of the audit committee on an interim basis until a new non-executive director is appointed.

Barclays appointed Craig Jamieson as regional head of its wealth and investment management business in Bournemouth, replacing Robert Jones. Jamieson oversees the division across Dorset, Solent and Hampshire, managing day-to-day client services and relationships with key business partners across the region, the firm said in a statement.

Andy Fay left as head of wealth management at Close Brothers Asset Management and was replaced by Andy Cumming, head of wealth management in Scotland. Simon Redgrove, head of personal advice, also left the firm.

Threadneedle Investments appointed Ann Roughead as a non-executive director to its company board. Roughead has held a number of senior positions including chief executive of Above Wealth.

Head of global investments and solutions at Barclays Rory Tobin stepped to return to institutional banking. Tobin joined Barclays Global investors in 2004 to run its global index and markets group in Europe, and took responsibility for iShares International in December 2009.

Ignatius Chong resigned from Coutts from his role as chairman of Coutts Institute Asia. He joined the firm in 1994 as a vice president and junior private banker.

Enhance, a fiduciary investment company, hired Barry Hardisty as a director. He joined from Canaccord Genuity Wealth Management where he was a senior investment manager.

Calastone, the global funds transaction network, appointed James Colquhoun as its new chief financial officer.

Hargreave Hale appointed three investment managers to its York office. Tom Holliday and Jim Mersey-Thompson joined from JM Finn, where they were employed as senior investment managers, while Adam Horsley joined the firm from Brown Shipley, where he was an investment manager for over eight years.

Lombard Odier appointed Henry Fischel-Bock as head of its domestic European private client business, effective 1 January 2015. Fischel-Bock was previously at Barclays Wealth and will be based in London.

PricewaterhouseCoopers appointed Mark Pugh as asset management leader in the UK. He took over the role from Paula Smith who returned to the US after her secondment to the UK firm. Pugh has been an assurance partner at PwC for 10 years.

Deutsche Asset & Wealth Management appointed Claudio Siniscalco as global co-head of co-investments - a newly created role. He is responsible for sourcing and executing co-investment opportunities for discretionary and non-discretionary private equity mandates along with fellow co-head Francesco Rigamonti. He reports to Carlo Pirzio-Biroli, global head of private equity.

Invesco Perpetual appointed Jason Evans as head of financial institutions and Chris Lyes as head of regional sales. Evans leads a new financial institutions group charged with developing the firm’s relationships with asset managers, retail and private banks, wealth managers, family offices and national/networked advisors.

International law firm Withers hired Tessa Lorimer to boost its tax dispute and investigation department. Lorimer joined from GSC Solicitors, where she worked as a barrister advising on civil and criminal tax investigation matters.

The Wealth Management Association announced that chief executive Tim May is to step down from later this year.

Deutsche Asset and Wealth Management appointed Phillip Poole as head to its London-based research team. In the newly-created role, Phillip Poole leads the firm's international research activity across its investment platform.

London-headquartered Blackfriars Asset Management, the global emerging and frontier markets boutique spun out of BNY Mellon, appointed Dr Anastasia Levashova as new managing director for EMEA and frontier markets.

RBC Wealth Management appointed Anne Marie Vibert as head of private client wealth management, offshore.

Based in Jersey, Vibert is responsible for the private client wealth management (offshore) and British Isles banking teams, reporting to Chris Blampied, head of banking, British Isles and Caribbean.

Invesco Perpetual appointed Robin West as UK equities fund manager and Tim Marshall as senior investment analyst.

Legal & General Investment Management appointed Simon Males as head of active fixed income distribution. He joined LGIM from Pramerica Fixed Income, where he was managing director of UK institutional client relations. Adam Willis joined as head of index distribution. He was previously head of sales and relationship management at MSCI and also had a number of other senior positions at the firm, including head of UK sales and head of alternatives business EMEA.

Societe Generale appointed Daniel Way and Jeremy Hill to its Newbury office as senior private bankers. Both were previously at Barclays Wealth, where they worked as private bankers and were jointly responsible for setting up its Reading office.

Schroders appointed a new global property securities team in the UK to manage more than £1.2 billion ($2.12 billion) of assets under management following a strategic decision to take the investment management in-house. Tom Walker joined as a fund manager from AMP Capital, where he was deputy head of global-listed real estate, while Hugo Machin joined as a fund manager from AMP Capital, where he was head of European listed real estate.

Carmignac Group appointed Vincent Steenman the newly-created role of global research coordinator. He joined from Zadig Asset Management, where he was in charge of the capital goods sector at Carmignac.

Saffron Tax Partners, a firm based in London’s Mayfair district, appointed new partner Nicholas Hughes to the firm. He was previously a director at the Chiltern Group and in more recent years a partner of BDO.

UBS Wealth Management appointed Sandeep Kamat as vice chairman, reporting to Michael Bishop. Kamat switched from the Swiss firm’s investment bank.

Legal and General Investment Management appointed a new head of institutional business, Sarah Aitken, for Europe and the Middle East, replacing Hugh Cutler, who has left the firm.

JP Morgan Asset Management appointed Malcolm Smith as the new head of the client portfolio management team. The group includes both JP Morgan’s behavioural finance and research-driven European equity investment teams. Smith leads a team of eight client portfolio managers and investor specialists in London, and reports to Michael Barakos, chief investment officer – Europe equities (behavioural finance process).

Europe
Deutsche Asset & Wealth Management appointed James Dilsworth head of active asset management in its Frankfurt office. He reports to Michele Faissola, head of Deutsche Asset & Wealth Management.

Swiss banking group Mirabaud appointed Juan Manuel Gutierrez Bernaldo de Quirós, José Luis Ruiz Gonzalez, and Ana Echarri Sarasola at its Madrid office. De Quirós and Gonzalez are directors of wealth management, while Sarasola is responsible for middle office clients.

Carne Group appointed Mark Hodgson managing director to its Channel Islands office. Hodgson was previously at Capita.

Malta-based investment management company Prestige Capital Management appointed Iain Fulton as chief operating officer. He began his career at Investcorp Bank in Bahrain.

The Vatican hired a former head of Invesco’s European business Jean-Baptiste de Franssu as president of the Vatican Bank. He replaced Ernst von Freyberg.

Offshore law firm Carey Olsen hired Keith Dixon and Simon Florance as senior associates to its offices in Guernsey and Jersey. Both previously had stints at PricewaterhouseCoopers.

Crestbridge appointed two female members to its board - creating an equal split of men and women in charge at the Jersey-headquartered firm. Ana Kekovska is a chartered accountant while Heather Tibbo has 15 years experience in the private client area.

RWC appointed Matteo Cianfoni and Roderick Loffler to its sales team in Italy and the UK. Cianfoni is based in Italy, while Loffler is based in the UK.

Switzerland

Saffery Champness promoted Paul Tucknott and Ross Belhomme to the board of directors of its Switzerland-based business. Saffery Champness opened its Geneva office six years ago and its Zurich office two years ago.

Switzerland’s financial regulator said Jean-Baptiste Zufferey was stepping down at the end of August. His decision came after 13 years of service as a commission member of the Swiss Federal Banking Commission and as a member of FINMA's board.

Coutts appointed Jean Turrettini as executive director and head of Swiss onshore Geneva. He was previously head of investment services at EIM SA.

Stanhope Capital appointed Christophe Karpiel in the newly-created role of head of investment management to its Geneva office. He reports to Nicole Curti, partner and managing director of Stanhope Capital Switzerland.

Joachim Suter was appointed to the newly-created position of head of business development for the Italian market at Mirabaud Asset Management, based initially in London and then later in Zurich. He serves institutional and wholesale investors in Italy, Malta, Monaco and Ticino. Suter started his career during his studies at Credit Suisse and Credit Suisse First Boston in Zurich before moving to UBS. He joined PIMCO in 2005, where he operated as head of institutional business development until leaving to Macquarie Infrastructure and Real Assets in 2008. In 2012, he raised assets for a number of projects before joining Altius Associates in 2013, where he built distribution for their investment solutions

The chief executive of Basler Kantonalbank, Andreas Waespi, stepped down from the post. He has worked at BKB for 18 years.

Asia-Pacific moves

Australia, New Zealand

Australia-listed financial technology firm Bravura Solutions created a new global product development role, with John Waddy, its current chief operating officer, EMEA wealth management, taking on the position. He shifted to the Asia-Pacific region as part of the change. Waddy, at Bravura for six years, oversees global software research and development, product innovation, delivery and quality assurance for Sonata, the company’s wealth management and life insurance solution.

As a result of the move, Harry Storer was appointed to fill the COO slot.  He has served previously as senior vice president, Oracle Consulting Services Asia Pacific and global consulting services leader for Ventyx, an ABB Company.

ANZ appointed Mary MacLeod as CFO, international and institutional banking, reporting to chief financial officer Shayne Elliott and CEO international and institutional banking Andrew Géczy. MacLeod is responsible for managing the financial performance and regulatory reporting for International and Institutional Banking across ANZ’s 33 markets. MacLeod was deputy CEO of ICBC International and before this worked in a number of senior executive roles in global banking and corporate finance roles at Deutsche Bank in Australia, New Zealand and Asia.

Mainland China
Credit Suisse appointed Angie Ma as managing director, sector head and deputy market leader for Great China. She is based in Hong Kong and reports to Jimmy Lee, Greater China market leader. With close to 20 years of experience in the industry Ma joined Credit Suisse from UBS, where she was a managing director and deputy regional market manager for the China market.

JP Morgan appointed David Li as senior country officer for China. He previously worked at UBS for nine years; his latest role was as chairman and country head for China. He chairs the bank’s local management committee and reports to Nicolas Aguzin, JP Morgan’s chairman and chief executive for Asia-Pacific. He is based in Beijing. Li took over from Shao Zili, who took up a more regional role at the bank in April as vice-chairman for Asia-Pacific. 

The wealth business of Barclays, which no longer exists in its corporate financial reporting structure as a stand-alone entity, has seen the departure of its Greater China Head, Carol Chen. Chen joined Barclays from UBS in 2011 as market head of Greater China; this was a newly created role at the time.

Neuberger Berman, the US-headquartered investment house, appointed a senior advisor for the Asia-Pacific region. Clifford Chiu is based in Hong Kong; he was previously partner member at KKR & Co, overseeing the firm’s client business in Asia including Japan. Chiu previously served as managing director responsible for the Asian institutional business with JP Morgan in Hong Kong and Tokyo between 2002 and 2007.

Withers, the international law firm, added to its global immigration practice with the senior appointment of Mark Lanning, a former tax treaty negotiator for the US. He joined as director of immigration in Hong Kong, a newly created position. Lanning previously worked at the US Consulate in Hong Kong, where he advised high-net-worth individuals and Fortune 500 Chinese and Hong Kong companies on visa and other US investment regulations.

Bonhams, the auction house, appointed Magnus Renfrew as deputy chairman, Asia and director of fine arts for Asia. This is a newly-created position. Renfrew is responsible for defining the strategy for Bonhams in Asia relating to the fine arts and will oversee the established departments of Classical, Modern and Contemporary Art in the region. He sits on the board of Bonhams Asia and reports to Malcolm Barber, co-chairman of Bonhams Group and chief executive at the Hong Kong Board.

Renfrew was due to join September, having previously been director for Asia and member of the executive committee of Art Basel, where he was responsible for its Hong Kong edition and for the participation of galleries, collectors and the wider art community from Asia in Art Basel shows worldwide.

Manulife (International) Limited, a member of the Manulife Financial group of companies, appointed Michael Ting as chief legal and compliance officer to its Hong Kong office. Ting heads up the Hong Kong legal and compliance functions, providing advice to the senior management. Ting has more than 20 years of experience in legal and compliance areas and prior to joining Manulife held various senior legal and compliance positions at local and regional level with life insurers in Hong Kong.  

India
A senior India-based private banker at the wealth arm of UK-listed Barclays left the business. Deepak Rattan, who has been at the firm in Asia since 2008, went on a period of gardening leave. At Barclays, he held the position of director (private clients) India. He was running a team of about 20 people.

Hong Kong
Two local chief executives have left Australia and New Zealand Banking Group.
Susan Yuen resigned in June as ANZ's Hong Kong chief executive. That move was followed by the resignation of China chief Charles Li. Li held the top China role for about three and a half years while Yuen took up the Hong Kong position in 2009.
Ivy Au Yeung, managing director of commercial banking for the Asia-Pacific region at ANZ, is acting chief executive in Hong Kong and a search for a full-time holder of the post is under way and an announcement is hoped to be made shortly.

Earlier in July Davin Wong, former head of North Asia for United Overseas Bank, based in Singapore, joined ANZ as market head North Asia.

Wong remains based in Singapore and reports to Kevin Ong, private bank head for Southeast Asia. The move reunited the men, both of whom had worked at UOB. In May, this publication confirmed that ANZ Private Bank had appointed Ong as head of Southeast Asia, reporting to Manfred Liechti, global head of the private bank. Ong had worked at UOB Private Bank, holding the post of executive director, head of sales, business development and marketing.

Japan
Nikko Asset Management hired Stefanie Drews, former global head of key clients and family offices at Barclays’ wealth arm. In this role, she is global head of institutional marketing and proposition; she was due to move to Tokyo from the UK later this year.

Deutsche Asset & Wealth Management, part of Deutsche Bank, said Koichiro Maeda joined the business as a managing director and head of real estate, Japan, representing the global franchise from Tokyo. Previous roles included those of a managing director at Prudential Real Estate Investors, where he led business development and major transaction initiatives in Japan, and from positions held at Morgan Stanley and Mitsui Fudosan.

GLG Partners, the UK-registered investment firm that is part of Man Group, appointed Adrian Edwards as manager of its GLG Japan CoreAlpha Team. He previously worked as an assistant fund manager at Stratton Street Capital, overseeing Japanese equity strategies.

Singapore
Credit Agricole Private Banking appointed Gnanasekaran Sekar as the new senior investment advisor to its Singapore branch to support the delivery of personalised and tailored investment solutions. Sekar previously worked for Chase Manhattan Bank, Smith Barney Asset Management, Coutts Bank and more recently at Barclays Wealth Singapore as a senior investment advisor. Sekar reports to Sen Sui, head of Singapore branch, and Simon Ip, head of markets and investment solutions in Singapore. 

Rupinder Sehmi and Jagjit Matharu, formerly of Barclays, have joined EFG.

One of the senior marketing figures at Singapore-headquartered DBS Bank has left the firm after being in the role for a year. Prashant Agarwal took up a new role as director – EDGE (Group Innovation) at AIA.

Mark Chester Ng, who joined Julius Baer in Asia when the bank acquired Merrill Lynch’s international wealth management arm over a year ago, resigned from the Swiss-headquartered firm.

Davin Wong, former head of North Asia for United Overseas Bank, based in Singapore, joined ANZ as market head North Asia. Wong is based in Singapore and reports to Kevin Ong, private bank head for Southeast Asia. The move reunited the men, both of whom had worked at UOB.

Credit Suisse appointed Sharhan Muhseen as head of financial institutions for Southeast Asia, based in Singapore. Muhseen reports to Michael Tan, head of financial institutions group coverage for Asia Pacific, who is responsible for deal sourcing and origination in the Southeast Asia region. Muhseen was previously head of financial institutions group for Southeast Asia and head of coverage for Sri Lanka at Bank of America Merrill Lynch, based in Singapore.

The private banking arm of Singapore’s United Overseas Bank appointed Ong Yeng Fang as its regional chief executive and head of private banking. She reports to Eddie Khoo, divisional head of retail and private banking. Yeng Fang was formerly a senior banker at Julius Baer before joining Merrill Lynch as market head. She moved back into Julius Baer following the integration.

North America

Chicago, IL-headquartered Ziegler, the investment bank and brokerage firm, hired Matthew Andrews as a senior vice president and financial advisor in West Bend, WI.

Andrews has over 20 years of banking and wealth management experience, having previously worked as a manager and team leader with Chase Investments for JP Morgan Chase.

US Bank made three hires at its high net worth Private Client Reserve in San Diego, CA, Newport Beach, CA, and Palm Beach, FL.

Albert Choi was named senior vice president and senior portfolio manager for the PCR in San Diego. He was previously a senior portfolio manager at US Trust Company in Newport Beach, having worked at the firm for 18 years overall.

Meanwhile, Matthew DeBlasi was appointed as a wealth management advisor for the PCR in Newport Beach, joining from ICAP Electronic Broking in Jersey City, NJ, where he was a senior vice president of fixed income sales and account manager.

Lastly, Joshua Fleming was hired as a portfolio manager in Palm Beach, having formerly been a financial advisor at Wells Fargo Advisors and an equity research analyst at Lloyd George Management / BMO before that.

Two advisors switched from Morgan Stanley and Wells Fargo to join independent hybrid RIA Washington Wealth Management, based in Connecticut and California respectively.

Michael Lee, based in Westport, CT, affiliated his boutique independent firm Pacilio Wealth Management to WWM, bringing with him $130 million in client assets. He moved from Morgan Stanley.

Ex-Wells Fargo advisor Nancy Tuininga brought her San Diego, CA-based practice, Prosperity Point Wealth Management, to WWM as a standalone independent practice. Tuininga’s firm currently has $72 million in assets under management.

OppenheimerFunds expanded its distribution team, hiring Ned Dane as head of private client, trust bank and family office, and Steve Paddon as head of institutional.

Paddon and Dane will report to John McDonough, who was appointed as head of distribution in February when the firm reorganized the structure of its business units. During the move the firm created its private bank, trust bank and family office division.

Dane has a strong background in asset management, wealth management and institutional retirement, having most recently been managing director of ultra high net worth client solutions executive at Bank of America/Merrill Lynch.

Before that, he oversaw the broker-dealer business at AXA Advisors as president of the firm. He also spent ten years at Putnam Investments as a leader in IRA rollovers, defined contribution plans and the national sales desk.

In his new role at OppenheimerFunds, Dane will grow the firm’s distribution capabilities in the UHNW private client, trust banks and family office segments.

Paddon, meanwhile, previously worked at Investec Asset Management, where he was head of consultant relations for North America and also led the launch of Investec's US institutional business.

Earlier, Paddon led institutional sales and relationship management for the Americas at Credit Suisse Asset Management and also held leadership roles at State Street Research & Management and Metropolitan Life Insurance Company.

Ziegler, the investment bank and brokerage firm, hired Roland Leavell as a financial advisor, reporting through its Glen Allen, VA, branch office.

Leavell has over 30 years of experience in the financial services industry, having previously served as president and chief executive of Rives, Leavell & Co (which ceased operations on May 15, 2014).

HighTower recruited the 43rd team to its partnership, signing Larry Knudsen and Dan Stober, whose old firm Triad Wealth Stewardship became HighTower Bellevue.

The team had $400 million in assets under management for individual and institutional clients.

Triad Wealth Stewardship was formed in 2007 in Bellevue, WA, offering family wealth stewardship services as well as traditional financial planning and portfolio management to high net worth clients.

Prior to founding Triad Wealth Stewardship, Knudsen ran Financial Security Group which later merged with CPA firm Moss Adams. Stober joined Knudsen at FSG after six years at Smith Barney, and following the FSG merger he launched Covault Wealth Advisors, which then merged with Triad Wealth Stewardship.

The lead director of Goldman Sachs Group’s board of directors retired to receive treatment for recently-diagnosed multiple myeloma.

James Schiro, who also serves as chair of the board’s corporate governance, nominating and public responsibilities committee, stepped down last month.

“His deep experience across financial services, nuanced judgment and the seriousness with which he carried out his responsibilities, particularly as lead director, will leave an indelible mark on our board”, Lloyd Blankfein, chairman and chief executive of Goldman Sachs Group said in a statement.

The firm announced that his replacement is Adebayo Ogunlesi, who will take on both of Schiro’s roles.

Outside of the firm, Ogunlesi is the managing partner and chairman of Global Infrastructure Partners, a private equity firm that invests worldwide in infrastructure assets in the energy, transport and water and water industry sectors.

Prior to this, he worked in a variety of roles at Credit Suisse, notably as executive vice chairman and chief client officer in the two years prior to his departure in 2006.

In addition to Ogunlesi’s appointment, M Michele Burns was named as chair of the risk committee at the Goldman Sachs Group, while Peter Oppenheimer became chair of the audit committee.

Burns served as chairman and chief executive of the consulting firm Mercer between 2006 to 2011, and was most recently CEO of the Retirement Policy Center, sponsored by March & McLennan Companies.

Oppenheimer recently left his post of senior vice president at technology giant Apple, where he also previously served as chief financial officer for 10 years.

Altegris, a provider of alternative investments, named Robert Murphy as deputy chief investment officer, reporting to and working with Jack Rivkin, CIO.

Murphy joined Altegris’ investment committee and assume portfolio and risk management responsibilities.

He was formerly CIO, co-portfolio manager and director of risk at Hatteras Alternative Mutual Funds, a subsidiary of Hatteras Funds, where he spent the past five years. There, he led the portfolio management team, responsible for establishing the policies, processes and direction for asset allocation, portfolio construction and portfolio management.

Prior to joining Hatteras, he worked at Ivy Asset Management - a division of BNY Mellon Asset Management - as a managing director in the investments group and in the investment products and strategy group.

Before joining Ivy in 2008, he was a partner and director of risk management at Meridian Capital Partners, where, starting in 2001, he worked in various roles including investment manager research and portfolio management.

Earlier in his career, he worked at financial industry organizations including DLJ and Bear Stearns.

Silicon Valley-based Motif Investing, which in May secured $35 million to step into the wealth management arena, appointed the deputy chief executive of JP Morgan’s US private bank as a board advisor and made two other senior hires.

At JP Morgan Kelly Coffey oversees 64 US markets, manages client assets of more than $500 billion and is a member of the firm’s global wealth management operating committee.

Meanwhile, Motif named Shane Mulron as chief financial officer and Andrea Lodzieski as vice president of marketing.

Mulron has worked for 18 years at E*TRADE Financial in various senior finance roles including CFO of the firm’s brokerage business. Lodzieski was most recently a director of consumer marketing at eBay.

Withers, the international law firm, added to its global immigration practice with the senior appointment of Mark Lanning, a former tax treaty negotiator for the US. He joined as director of immigration in Hong Kong, a newly-created position.

Lanning previously worked at the US Consulate in Hong Kong, where he advised high net worth individuals and Fortune 500 Chinese and Hong Kong companies on visa and other US investment regulations.

During his tenure as a trade and investment officer at the consulate, he organized investment conferences and led an investment delegation of 50 Chinese companies to the US, Withers said. Lanning has also negotiated US tax treaties with foreign governments and worked with tax professionals on US citizenship renunciation.

He has also advised companies and individuals on US immigration, citizenship and foreign direct investment in various roles at the US Embassy in London, the US Consulate in Guangzhou and the US Department of State, under the direction of Secretary of State Colin Powell.

Signature, the Virginia-based family wealth advisor, promoted Xandra Burnette to chief operating officer - a new role created in response to “a need to expand the management structure to address growth and increasing complexity in the industry,” the firm said.

Burnette has worked at Signature for five years and has helped formalize the procedures and processes at the firm.

Prior to joining Signature, she was operations manager of the Virginia Beach office at UBS Financial Services. 

Peapack-Gladstone Bank appointed Christopher Fittin as senior managing director and portfolio manager at the firm’s Princeton, NJ, private banking office.

Fittin most recently worked at US Trust/Bank of America, serving as a senior vice president and senior portfolio advisor in Princeton since 1997. He has held similar positions at Nat West Bank, Smith Barney and A G Edwards over a 34-year career.

At Peapack-Gladstone Bank Fittin will provide investment, asset allocation, and portfolio advice and guidance to high net worth, retirement, trust and institutional clients.

The international law firm Withers Bergman brought in cross-border mergers and acquisitions attorney Nancy Yamaguchi as partner in California.

Yamaguchi, who is based in San Francisco, joined from Hoge Fenton Jones & Appel.

She focuses on cross-border M&A, venture capital financings and joint ventures involving technology companies, especially in the semiconductor, software (including SaaS) and Internet industries. She assists US, EU and Japanese companies in strategic acquisitions, investments and all aspects of business and operations globally.

Baird, which recently acquired McAdams Wright Ragen, made two hires within its private wealth management group in Houston, TX, and made another promotion.

As a director, Craig Young – latterly of UBS Financial Services - will oversee the two Houston offices and also recruit advisors. Working with Young will be Patricia Sparks, who has been promoted to office administrative manager for the Houston market.

At UBS, Young led the firm’s Houston Galleria office, which houses around 55 advisors and some $6 billion in client assets. He held other leadership positions at UBS in the Houston metro area before that, assisting with the day-to-day management of a complex comprising four offices. Prior to UBS, Young was a business development officer at Morgan Stanley Smith Barney, having started his career in financial services as an advisor at Smith Barney in 2006.

Meanwhile, Gary Foose was brought in as a director and financial advisor at the firm’s Houston-Memorial City wealth management office. Foose has nearly 35 years of financial industry experience and was joined by registered client relationship specialist Giovanna Swisher.

Foose previously worked at Wells Fargo Advisors, where he has been since 1986 when the firm was known as A G Edwards. He began his career as a financial advisor in 1981 at Merrill Lynch.

Kimberly Hollenbeck joined HighTower as executive director of business development, providing recruitment and business development services on the West Coast, effective August 11.

Hollenbeck has 16 years of sales, recruitment and business development experience in the financial services industry. Most recently she was senior vice president and regional director of branch development at Wells Fargo Advisors, FiNet. Previously, she held senior roles at Raymond James Financial, 1st Global, GCG Financial and AIG Valic Financial Advisors.

Long Wharf Investors, an independent RIA advisor with approximately $200 million in client assets, merged into Focus Financial Partners' Boston, MA-based partner firm The Colony Group.

Also based in Boston, LWI principals Rod Macdonald and John Keller joined the Colony team. Following the close of the transaction, Colony’s assets under management will be approximately $3.75 billion.

Established in 1995, Long Wharf Investors serves individuals, families, trusts, foundations and non-profits, with 70 employees.

Miracle Mile Advisors, the California-based independent investment advisory firm, appointed Judith Lu and Audra Lalley as financial advisors and managing directors.

Lu was formerly senior vice president on City National Bank's private client Services team, while Lalley was a vice president at Barclays Wealth & Investment Management.

Both advisors have over 15 years of experience working with high net worth families and institutions.

In addition to expanding its advisory team, Miracle Mile Advisors also grew its office in West Los Angeles, CA, by adding additional support staff and technology infrastructure.

Chicago Partners, a registered investment advisor serving individuals, families and institutions, brought in John Nicholas as a partner.

Nicholas will manage multi-asset class portfolios for ultra high net worth individuals, institutions and investment funds.

Nicholas has over 20 years' experience managing multi-asset class and alternative investment portfolios for institutional and high net worth investors. Before joining Chicago Partners, he was head of fund management at Guggenheim Investment Advisors, a business unit of Guggenheim Partners.

He also served as director of public markets at Vulcan Capital, as well as: director of portfolio management at HFR Asset Management; senior consultant at Morgan Stanley's Graystone Wealth Management group; and senior portfolio manager at Harris Trust's family office group.

Bessemer Trust hired Teresa Principe as a New York-based senior vice president and wealth advisor, reporting to Eric Gies, co-head of the northeast US region.

Principe was a previously a private wealth advisor at Goldman Sachs & Co and worked under former New York State Attorney General Andrew Cuomo in the New York State Office of the Attorney General, Investor Protection Bureau, before that. She began her career in mergers and acquisitions at IAC/InterActiveCorp.

Atlantic Trust, the US private wealth management division of CIBC, appointed Susan Farris as managing director and senior relationship manager in Boston, MA.

Farris has over18 years of industry experience, having most recently worked at Windhaven Investment Management as a managing director. Before that she was a vice president in the private wealth management division of Goldman Sachs & Co and a fixed income strategist at UBS in Zurich and Miami, FL.

Deutsche Asset & Wealth Management hired three regional vice presidents to support the growth of its US exchange-traded products platform in the Midwest and Texas. The team reports to Mick McLaughlin, head of passive distribution in the Americas.

“We have been strategically expanding our passive asset management sales team,” said McLaughlin. “Our goal is to provide extensive coverage and services across the US.”

Steve Dunn, who focuses on ETF strategists for national accounts, joined from BlackRock where he was most recently a director for the iShares sales and distribution strategy team. Dunn has spent nearly 15 years covering ETFs and has over 18 years of industry experience.

Meanwhile Brian Szitanko will cover the Great Lakes region, having previously been a regional director at TS Capital. Before that, he spent nearly 15 years as a wholesaler at Legg Mason Global Asset Management and Citigroup Asset Management.

Lisa Poniewaz, who will focus on Texas, also joined from BlackRock where she was latterly an associate in the business development group of iShares.

The private client group at Raymond James appointed Matt Ransom as vice president of new financial advisor training for the education and practice management team, effective August 1. Ransom will oversee the Advisor Mastery Program as well as manage the training team that supports it. Ransom joined Raymond James in 2003 through the OPTIONS program, designed to give top-performing graduates experience in a range of business areas while working closely with senior management. He then helped create Practice Intelligence, the firm’s program of tools, education and resources to help advisors with their practice management. Then in 2006 he was promoted to assistant regional director for the Midwest region, where, along with regional director David Sisemore, he supervised over 300 advisors with more than $28 billion in assets under administration.

BNY Mellon Wealth Management promoted James Robertson to market leader in New Jersey region, based in Madison. Robertson will develop the wealth manager’s overall strategy in New Jersey, which the research firm Spectrum ranks as the fifth largest state in terms of millionaire households. He will report to Doris Meister, president of the Tri-State market at BNY Mellon Wealth Management. Robertson will also coordinate the day-to-day activities of the New Jersey portfolio managers, wealth directors and private bankers. Prior to this appointment he served in many leadership positions at BNY Mellon Wealth Management - most recently as a team leader for seven years in the New York region. Richard Sieling joined US Capital Advisors’ Austin, TX, office as a financial advisor, having previously held the same role at Wells Fargo Advisors.

Sieling has worked with individual and institutional investors for over two decades and started his career at Morgan Stanley in 1988, taking roles in New York, Luxembourg and London. He was recruited in 1999 by Lord, Abbett & Co to establish the firm's London-based European presence, which included creating its overseas mutual funds. In 2002, he became the partner-in-charge of international services, overseeing the European, Latin American and Japanese businesses.

The Phoenix, AZ-based investment advisor and wealth manger Miller Russell Associates added four new employees: Tiffany McBride, Michael Soto, Ena Dashi and Chris Bergthold. McBride joined as a tax manager, providing tax and financial planning services for individuals and private businesses, as well as estate and succession planning. Prior to joining Miller Russell Associates, McBride was a tax manager at a national accounting firm.

Soto was appointed as a communications associate, coordinating and managing internal and external communications. Previously, he worked in the public sector for government and non-profit agencies.
Dashi, meanwhile, joined as a client associate, providing investment advisory and wealth management services. She was latterly an associate portfolio manager at Stoker Ostler Wealth Advisors.

Lastly, Bergthold was named as a client associate after completing a year-long internship with the firm. Bergthold provides investment advisory, wealth management services and tax compliance services.
Northern Trust appointed Ghislaine Austin as regional head of Northern Trust Wealth Management in Atlanta, GA, replacing Bob Meier who retired after serving in the role for 11 years.

Austin will also serve as a member of Northern Trust Wealth Management’s operating group and business leadership council for the eastern region.

She has more than 30 years of wealth management experience and previously served as the Atlanta regional investment manager for Wells Fargo. Before that, she was a senior vice president and regional manager within Wachovia’s asset management business, Evergreen Private Asset Management, located in Pennsylvania and Delaware.

First American Trust, a wholly-owned subsidiary of First American Financial Corporation, brought in Mark Monaco and Keegan Burke as vice presidents of wealth management in San Diego, CA.

Monaco will administer trust and investment management accounts while supporting the expansion of other sales channels.

Monaco previously served as head of institutional sales, director of marketing and vice president of sales and marketing for three companies that were subsequently acquired by Charles Schwab, Nasdaq OMX and Archer Daniels Midland.

In his new role, Burke will advise high net worth individuals and families in the areas of investment management, wealth advisory and trust planning.

Burke was latterly vice president and owner of Capstone Financial Group; vice president and private client advisor at JP Morgan Chase; and a wealth manager at RJL Wealth Management. He also has a strong background in real estate and real estate financing for primary and secondary markets.

Raymond James Financial Services, the independent broker-dealer of Raymond James, recruited financial advisors Christopher Fluehr and Jason Mamalis in Boca Raton, FL, from Wells Fargo.

At their former firm, Fluehr and Mamalis managed over $200 million in client assets and had annual fees and commissions of over $1 million.

Fluehr began his career in 1980 at Smith Barney, working in the municipal bonds department. He joined SunTrust Investment Services in 1999 and served as a financial advisor in Boca Raton before moving to Wells Fargo in 2010.

Mamalis, meanwhile, has ten years of experience in investment banking and seven years of experience as a financial advisor. He joined SunTrust Investment Services in 2007 as a financial advisor in Palm Beach, FL, before joining Wells Fargo in 2010.

A six-strong team of advisors left Merrill Lynch to launch IHT Wealth Management under the wing of LPL Financial.

The independent financial advisory firm will serve mass-affluent and high net worth clients in Chicago, IL, bringing its already-standing advisory assets of $592 million with it.

IHT Wealth Management aims to become a haven for older advisors, as it will offer succession planning for the handover of their clients and a flexible exit planning.

Joining LPL’s broker-dealer and hybrid RIA custodial platform, IHT will have access to LPL’s practice management and support capabilities as well as technology, compliance and research tools.

The aim of IHT is to provide advisors with a penchant for a wirehouse-style environment to have control over their own books of business in a cost-effective structure whilst maintaining the resources and credibility that a big firm offers.

Following on from its initial launch, IHT intends to open two more offices in the metropolitan Chicago area over the next few months.

A managing director and operating partner was appointed at Z Capital Partners, a private equity firm based in Lake Forest, IL.

Timothy Clayton joined the firm from Tile Shop Holdings, where he served as chief financial officer.

In his new role at Z Capital he will support the execution of its strategy and help identify strategic opportunities and enhance general efficiencies.

Clayton has almost 40 years’ experience in financial, operating and strategic planning, predominantly outside of the private equity sphere.

Chicago based Gresham Partners, an independent wealth management firm, hired Kim Kamin as a principal - serving as chief wealth strategist and a client advisor.

Kamin will help lead the firm’s estate, wealth transfer, philanthropic and fiduciary planning activities, having previously been a partner in the private clients, trusts and Estate group at Schiff Hardin.

EXIGER, a regulatory and financial crime, risk and compliance firm, appointed a veteran of public and private sector law who once dealt with the real-life “Wolf of Wall Street” as well as advise top-level US legal officials. The company is based in New York and London.

Daniel Alonso was also named managing director and general counsel. He previously worked at the Manhattan District Attorney’s Office, where he most recently served as the chief assistant district attorney during the first term of District Attorney Cyrus R Vance, Jr. While in that role, he advised the DA on matters including those related to financial crimes, money laundering, securities and banking crime, and corruption.

A statement from EXIGER said Alonso was the author of the first publicly-issued policy by a local prosecutor’s office regarding the standards to be used in charging business organizations, patterned after the Principles of Federal Prosecution of Business Organizations.

Prior to the DA’s office, Alonso was a litigation partner at the international law firm of Kaye Scholer, where he focused on internal investigations, white-collar defense, and civil litigation; and was the federal-court-appointed receiver of IATrading.com, whose principal perpetrated a Ponzi scheme that defrauded more than 300 investors.

Before joining the private sector, Alonso was the Chief of the Criminal Division in the United States Attorney’s Office for the Eastern District of New York, where he served for nine years in total as an Assistant US Attorney.

Alternative asset management firm Black Diamond Capital Management appointed a new managing director and structured product portfolio manager as it looks to expand its capabilities in the latter area.

Jerome Shapiro will be based in Black Diamond’s Greenwich, CT office, and will take responsibility for growing structured investment opportunities across the firm’s platform.

His hire reflects Black Diamond’s view that “structured investment opportunities are an attractive asset class for generating returns for clients,” Black Diamond said.

Shapiro moved from the alternative investment firm One William Street, where he served as senior vice president. There he managed an asset-backed portfolio across multiple commercial and consumer sectors. Prior to this he held posts at Merrill Lynch’s principal investment group and Bear, Stearns & Co, where he traded and structured CMBS and other mortgage products.

Cupertino, CA-headquartered financial advisory firm Opes Advisors, started a planned expansion into the Puget Sound area with a new branch in Kirkland. Additional branches will open later this year.

Robert Lipston, with 27 years of lending experience, is directing business development as the regional director of the Pacific Northwest region for Opes, it said in a statement.

Donovan Douvia is the manager of the first new branch in Kirkland.

Lipston was recently named as one of the Top 100 Most Influential Mortgage Executives in America by Mortgage Executive Magazine.  He serves as a board member and education committee chair of the Seattle Mortgage Bankers Association.

The opening of other branches in 2014 will see the firm employ almost 100 people.

JP Morgan appointed David Li as senior country officer for China. He previously worked at UBS for nine years; his latest role was as chairman and country head for China.

He will chair the bank’s local management committee and report to Nicolas Aguzin, JP Morgan’s chairman and chief executive for Asia-Pacific. He will remain in Beijing upon joining in October.

Li will take over from Shao Zili, who took up a more regional role at the bank in April as vice-chairman for Asia-Pacific.

He has also worked as chairman of UBS Securities, a Beijing-based joint venture between UBS and other companies such as IFC and the State Development Investment.

Elizabeth Krentzman, a legal luminary in the investment industry, was appointed to the board of the OppenheimerFunds.

She recently retired from Deloitte after serving as its US mutual fund leader. Krentzman formerly served as the general counsel of the Investment Company Institute, where she was responsible for legal and regulatory initiatives affecting the Institute's member firms.

In addition to representing mutual fund interests before numerous US regulatory agencies and the US Congress, Krentzman worked with foreign regulators and international trade associations.

Before joining the ICI, Krentzman spent seven years at Deloitte & Touche as the leader of the investment management regulatory consulting practice. Prior to that, she served as an assistant director in the SEC's Division of Investment Management, where she was responsible for rules involving investment company reporting and disclosure obligations, and investment advisor regulation.

Titan Advisors, the US independent fund-of-funds firm, added Herman Laret to its manager research global macro team as a senior analyst.

Laret was formerly a managing director in global cross-asset macro product sales at Credit Suisse. He also served as co-head of interest rate sales and as treasury product manager. Laret had two stints totaling nearly 14 years at Credit Suisse, separated by a three-year period as a partner and senior portfolio manager at MKP Capital.

Alongside his duties at Credit Suisse, Laret sat on the Hedge Fund Investment Committee, responsible for investing the firm’s proprietary capital in hedge funds. Additionally, he served on the Managing Directors Evaluation Committee from 2012 to 2013, and in 1999 implemented Credit Suisse’s global analytics system “Lotus.”

Laret began his career in 1990 at Salomon Brothers in London, where he was on the mergers and acquisitions desk. He then transferred to Salomon’s New York office where he became a government bond trader.

Raymond James recruited managing director of investments Henry Hauser and financial advisor Suzette Dybiec at the Bexley, OH, office of Raymond James & Associates, the traditional employee broker-dealer of Raymond James Financial.

The team operates as Hauser Wealth Management and is latterly of UBS, where they managed more than $575 million in client assets. Joining Hauser and Dybiec is senior registered client service associate Jolie Raine.

Hauser Wealth Management specializes in asset management, financial planning, retirement planning and college planning.

The team operates alongside Parkview Capital Advisors of Raymond James at the RJA office in Bexley, which launched in September 2013 after advisors James Bowman and Bradley Kastan of Parkview Capital Advisors joined from JP Morgan.

Hauser spent the last 24 years at McDonald Investments and remained there through the firm’s acquisition by UBS.

Dybiec has been in the financial services industry for more than 25 years, working at PaineWebber, Merrill Lynch, Pierce, Fenner & Smith and McDonald Investments/UBS prior to joining Raymond James.

Raine, meanwhile, has over 25 years of industry experience, beginning her career at the Ohio Company and most recently worked at PaineWebber/UBS as an operations manager.

The PrivateBank, part of Nasdaq-listed PrivateBancorp, appointed Joe Nevins as a senior mortgage banker in St Louis, MO.

Nevins joined The PrivateBank after 12 years as an independent mortgage broker.

New York-headquartered Bessemer Trust appointed Ilka Gregory as principal and senior wealth advisor, reporting to Eric Gies, co-head of the northeast US region.

Gregory is formerly of Third Avenue Management, where she was a managing director working with high net worth, family office and institutional investors. Prior to Third Avenue Management, she worked at Protégé Partners in marketing and investor relations, and at Goldman Sachs as a private wealth advisor.

Wells Fargo Advisors made a string of hires - including two teams – in five states.

Kingsport, TN-based Center Street Wealth Management – consisting of senior financial advisors Timothy Colvin, Jeffery Beford and Gregory Taylor, and managing principal Natalie Wells –joined Wells Fargo Advisors Financial Network. (FiNet is Wells Fargo Advisors’ independent financial advisory division for advisors who own their practice.)

They have 65 years of combined experience and are latterly of UBS Financial Services, where they managed $326 million in client assets.

Meanwhile, financial advisor Thomas Teagle joined Wells Fargo Advisors in Richmond, VA. He has 17 years of industry experience and joins from Scott & Stringfellow/BB&T, where he managed $155 million in client assets. He reports to Rob Withers, managing director and market manager for the Richmond market.

In Chicago, IL, financial advisor Mark Pignotti joined Wells Fargo Advisors from UBS Financial Services, where he managed over $317 million in client assets. He brought 14 years of experience to the firm, reporting to Metro Chicago complex manager Kevin Ortmeyer.

Chris Carbone and Bill Brucato stepped into Wells Fargo Advisors’ office in Utica, NY. They brought more than 56 years of combined experience to WFA, joining from RBC Capital Markets where they managed around $160 million in client assets. They also work with registered senior client associate Nicole Lloyd, who is also formerly of RBC. All report to Utica branch manager Gene D’Amico. 

Lastly, Rob Wiggins joined WFA in Raleigh, NC, from First Citizens Investor Services. At First Citizens, he managed more than $100 million in client assets, with 14 years of industry experience overall. At WFA, he reports to Brad Sears, regional brokerage manager for the Triangle and Eastern North Carolina markets. 

Edmund Muskie has joined Convergent Wealth Advisors, the ultra high net worth firm, from US Trust as managing director in Washington, DC.

Muskie will serve ultra high net worth individuals and families, as well as philanthropic institutions in the Greater Metro Washington, DC, area.

Muskie was latterly senior vice president and private client advisor at US Trust, leading a team of professionals advising high net worth individuals and institutions in the areas of investment management, financial planning and other wealth management solutions.

BNY Mellon plans to double its wealth management team in Denver, CO, by year-end 2015 and in its latest effort hired Jay Peaslee as senior director for business development there.

Peaslee reports to regional president Tracy McCarthy and was previously a wealth management advisor at US Bank’s Private Client Reserve. At the PCR he was responsible for high net worth business development and relationship management, focused on entrepreneurs and executives. Earlier, he was a financial advisor at Key Bank.

US Bank appointed Erik Zipp as a wealth management advisor for its high net worth Private Client Reserve in Milwaukee. Zipp was previously a financial consultant at Thrivent Financial.

US Trust, part of Bank of America's global wealth and investment management unit, made three hires in Massachusetts, Missouri and North Carolina.

Joshua Heapes joined the Boston, MA, office as a private client manager having previously been a senior vice president in the commercial banking advisory group at Citi Commercial Bank.

Meanwhile, Bryan Unterhalter stepped into the Kansas City, MO, branch as a market investment director. He previously worked at American Century Investments as a portfolio manager.

Lastly, Rodriguez Webb joined the Raleigh, NC, office as a private client manager. He most recently worked as a senior vice president and commercial relationship manager at NewBridge Bank.

Mariner Wealth Advisors, the US independent wealth advisory firm, hired Kevin Corbett as senior vice president of wealth management and member of the executive committee.

Corbett joined from Fidelity Investments, where he spent 17 years and was latterly a senior relationship manager working with Mariner Wealth Advisors and its partner firms. During his tenure there, he held various roles throughout the retail and institutional brokerage businesses including positions in national financial services, capital markets and institutional wealth services.  

BNY Mellon Investment Management recruited a head of private bank and registered investment advisor distribution in the shape of Joseph Moran.

Moran filled a newly-created role at the firm and will be responsible for distributing Dreyfus mutual funds and other BNY Mellon financial services in North America.

He reports to Kim Mustin, BNY Mellon Investment Management's head of North American distribution, who joined the firm in April.

"While this is not a new channel for us, it is an important market given its growth trajectory and our product and servicing offerings," Mustin said.

Mustin added that the move highlights the firm's intention to be more "visible and engage more fully" with the private banking and RIA segments.

"It also will focus our future product development and service offerings for this audience," she said.

A 20-year financial services distribution expert, Moran previously worked at Oppenheimer, where he headed wealth management distribution since 2010.

Moran has spent most of his career at DWS Investments / Deutsche Asset Management in sales management leadership positions. He started his career as a financial advisor with Metropolitan Life.

Deutsche Asset & Wealth Management made a string of hires in the Americas across its private banking, equity, lending and institutional segments.

Family Wealth Report understands that the moves are part of a general push to strengthen the overall DeAWM business across all functions.

The firm appointed Matthew Coombe and Patrick Menerey as private banker and director, and private banker and vice president, respectively, in Los Angeles, CA.

Coombe and Menerey will report to Michael Davis, managing director and head of the firm’s US private bank for the West Coast region.

With over a decade of industry experience, Coombe was most recently a senior vice president at Comerica Bank’s wealth management division, working with ultra high net worth families in Los Angeles. 

Menerey was formerly vice president and private banker, also at Comerica Bank's wealth management arm in Orange County. He began his career at City National Bank in Los Angeles as an underwriter and private banker.

These recruits were part of DeAWM’s plan to push its local presence on the West Coast. In February of this year, for example, it hired Brandt Daniel as a managing director and private banker. Daniel also joined from Comerica Bank’s wealth management unit, where he managed the Orange County and San Diego private banking teams.

In another move, DeAWM brought in Thomas Clarke – latterly of JP Morgan Private Bank - as head of lending and deposit products, with effective from September.

“Lending and deposit products are a core part of the service we offer in the Americas,” Miller said.

Based in New York, Clarke will lead the business across the Americas, with overall responsibility for strategy, product development and client service.

Clarke, a managing director, will report to Balaji Prasanna, global head of lending, deposit products and wealth planning solutions, as well as regionally to Jerry Miller, head of DeAWM, Americas.

In his prior role at JP Morgan Private Bank, Clarke was US head of capital advisory, responsible for the US wealth management lending business. Before that, he was US head of banking products at JP Morgan Securities.

Meanwhile, DeAWM appointed J J Wilczewski as co-head of the firm’s global client group, taking over from Joe Sarbinowski, head of the global client group's investment specialist team for liquidity management. Sarbinowski has been responsible for institutional coverage in the Americas on an interim basis.

Wilczewski, a managing director, will serve institutional investors, overseeing client coverage and distribution in the Americas.

He will work alongside fellow co-head Bob Kendall, who is responsible for DeAWM's retail business in the Americas. Wilczewski and Kendall report to Dario Schiraldi, head of the global client group, with a regional reporting line to Miller.

Wilczewski has 18 years of industry experience - latterly as head of advisory solutions at AON Hewitt and head of business development at Wilshire Associates.

Lastly, DeAWM hired Deepak Khanna as head of US large-cap value equities, effective July 16, 2014.

Khanna, a managing director, will be based in New York and report to Owen Fitzpatrick, head of US equity.

He joined from Lord, Abbett & Co, where he was a portfolio manager of large-cap value and multi-cap value strategies.

Janus Capital Group added Myron Scholes and Ashwin Alankar to its investment team as chief investment strategist, and head of asset allocation and risk management, respectively.

Scholes and Alankar will report to Enrique Chang, Janus' chief investment officer of equities and asset allocation. The pair are experts on global risk, economics and finance.

As Janus' CIS, a newly-created position, Scholes will partner with the Janus investment team, contributing macro insights and quantitative analysis specific to hedging, risk management and portfolio construction. He will also spearhead Janus' asset allocation product development.

Alankar, meanwhile, will define short- and long-term approaches to asset allocation and serve as lead portfolio manager for the Janus Global Allocation Funds, as well as have day-to-day responsibility for leading and advising on risk management.

Scholes is currently chairman of the board of Economic Advisors of Stamos Partners and was previously chairman of Platinum Grove Asset Management. Additionally, he was a principal and limited partner at Long-Term Capital Management and a managing director at Salomon Brothers.

Alankar was most recently co-CIO of AllianceBernstein's tail risk parity products and a senior portfolio manager and senior vice president. Prior to joining AllianceBernstein, he spent seven years at Platinum Grove Asset Management, where he was a partner and portfolio manager responsible for equity trading and research.

Citi Private Bank expanded its preferred custody and escrow group on the West Coast, hiring Luda Semenova and Raafat Sarkis as directors, based in Los Angeles and San Francisco, CA, respectively.

Sarkis and Semenova will report to Kerry Gibson, western region market manager for Citi Private Bank's law firm group. They joined a team of global custody and escrow professionals in New York and will provide escrow and agency services for Citi's West Coast law firm clients.

Semenova joined from Wells Fargo in Los Angeles, where she was most recently vice president of corporate trust services. Before that, she was vice president of global transaction banking at Deutsche Bank Trust & Securities Services, and previously vice president of business development for global corporate trust at The Bank of New York. Earlier still, Semenova held roles at Bank of America Private Bank in Los Angeles, CA, and Morgan Stanley in Portland, OR.

Sarkis, meanwhile, joined from the San Francisco, CA, office of Wells Fargo where he was vice president of corporate trust services and worked with Semenova in Los Angeles to manage client relationships across the western US.

Prior to Wells Fargo, Sarkis was vice president and business manager for corporate trust and escrow services at Deutsche Bank National Trust Company. Before joining Deutshe in 2004, he worked at US Bank National Association as vice president of business development within corporate trust services. He previously spent ten years at Bank of America, and before that held senior roles at First Interstate Bank, Rufus Associates and the Crocker Bank.

Focus Financial Partners firm, GW & Wade, a Wellesley, MA-based independent registered investment advisor, added Paul St Onge to its team.

St Onge is an East Greenwich, RI-based registered investment advisor with $150 million in client assets.

“We were first introduced to Paul by Focus as part of its Successions Program, which is designed to help RIAs identify suitable partners to ensure the stability and longevity of their practices,” said Eric Rosenberg, the partner at GW & Wade who led the integration.

St Onge has run an RIA firm since 1983, acting as a sole practitioner serving clients in New England and Florida. He signed a succession agreement with GW & Wade in 2013 and six months later the parties decided that he would formally merge with GW & Wade as part of his retirement and client transition plan (he will continue managing his clients’ assets).

Connecticut-based Casey, Quirk & Associates, the management consulting firm to the global asset management industry, promoted Jeffrey Levi, Jeffrey Stakel and Justin White to partner.

Since the beginning of 2009, Casey Quirk has tripled its revenues and consulting staff, it said in a statement.

Levi has 12 years of industry experience and joined Casey Quirk in 2008. He oversees the firm's Knowledge Center; leads the firm’s retail investment focus; and recently co-authored the white paper Retooling US Intermediary Sales: New Advisor Targeting Strategies, published in May 2014.

Stakel has 11 years of industry experience and joined Casey Quirk in 2009. He specializes in next-generation fixed income product design and co-authored the white paper When the Tide Turns: Building Next Generation Fixed Income Managers in May 2013.

Lastly, White has 14 years of industry experience and joined Casey Quirk in 2008. He focuses on the defined contribution and retail segments and also recently co-authored Retooling US Intermediary Sales: New Advisor Targeting Strategies.

New York-headquartered WeiserMazars, an accounting, tax and advisory services firm, appointed Lisa Osofsky, a partner-in-charge of the private client services group, to its executive committee, effective January 1, 2015.

Osofsky is a founding member of WeiserMazars’s tax practice board and serves on several firm leadership teams including the partner performance committee.

She has served as a tax partner for the past 17 years and specializes in the areas of income tax, estate and gift strategies, and wealth planning.

As head of the private client services group she manages a practice which integrates tax, accounting and financial planning services.

BNY Mellon Wealth Management made two business development hires focused on the South Florida region, with plans to hire additional staff in this “fast-growing market” through end-2014.

In previous announcements, regional president Joe Fernandez said that by the end of 2014 “we plan to hire 15 more staff to include very senior sales professionals, portfolio managers and private bankers as well as support people, principally concentrated in Southeast Florida.”

The latest appointments were Russell Kelley and Robert Ward as wealth directors for business development in West Palm Beach and Fort Lauderdale, respectively. Both will report to managing director Tim Goering.

Previously, Kelley was president and managing director at Royal Investment Advisors, an Illinois-registered advisory he founded to serve high net worth clients. Previously, he served for over 20 years at Ayco, a Goldman Sachs company, where he was senior vice president and partner heading the firm’s Chicago and Detroit regional offices.

Meanwhile, Ward was previously a private banker and vice president at Morgan Stanley Private Bank, having been a wealth management banker at Bank of America/Merrill Lynch Wealth Management before that.

US Bank’s Private Client Reserve – which serves clients with at least $1 million in investable assets –appointed David Campanella as market leader in Columbus, OH.

Campanella will lead a team of wealth management professionals providing investment management, private banking, trust and estate services, and wealth planning, to high net worth clients in Cleveland and Columbus.

He will report to Heidi Steiger, president of the PCR in the Eastern region.

Campanella previously worked at USAA Wealth Management in Atlanta, GA, where he was a wealth management director overseeing a team of advisors serving HNW clients. He was previously with The Caffey Investment Group and Morgan Keegan & Company.

Dallas, TX-Based Tolleson Private Wealth Management, an affiliate of Tolleson Wealth Management, boosted its advisory team with the addition of managing directors Dotti Reeder and Kal Grant.

Reeder has over 30 years of experience in the financial services industry and previously worked at JP Morgan leading a team of banking, investment, fiduciary and wealth planning specialists. Earlier in her career, she worked as a municipal bond trader and staff accountant.

Grant also joined from JP Morgan, where she worked with high net worth clients in the areas of wealth transfer, business succession and philanthropic plans. Prior to joining JP Morgan, she was a Partner at Thompson & Knight, focused on income taxation, trust and estate planning, and charitable giving and tax-exempt organizations.  

Flynn Family Office, the newly-formed family office and business management solutions firm serving ultra-wealthy individuals, families and their advisors, brought in Alan Kufeld and Robert Levin as partners.

Flynn Family Office was launched by the former family office principals at Rothstein Kass: Rick Flynn, now managing partner at FFO, and Evan Jehle, founding manager (Rothstein Kass was recently acquired by KPMG.)

Kufeld and Levin - also formerly of the Rothstein Kass Family Office Group - will provide tax, advanced planning and asset protection strategies to ultra high net worth clients including hedge fund managers, entrepreneurs, athletes, celebrities and ultra-wealthy inheritors.

Meanwhile, FFO also announced that John Sheridan has been appointed as a director. Sheridan was previously a family office governance and tax specialist for a private single family office for over 20 years.

Evercore Wealth Management hired Helena Jonassen as a managing director and wealth advisor in New York City.

Jonassen previously worked at US Trust, managing investment accounts as a senior trust and fiduciary officer. She joined that firm in 1997, having previously been a financial planner and portfolio manager at Train, Smith Counsel in New York.

In her new role, Jonassen will report to Chris Zander, chief wealth advisory officer at Evercore Wealth Management.

Phoenix, AZ-headquartered Miller Russell Associates, an independent investment and wealth management firm, hired Bessie Seeley as a client advisor.

Seeley will provide investment advisory and consulting services to foundations, non-profit organizations, qualified plans and corporations. She will coordinate with retirement plan committees on plan design and investment policy statement development, while also helping address non-investment related fiduciary obligations.

Seeley was previously an investment consultant at The Newport Group, where she provided investment and fiduciary consulting to retirement plan clients in the US.

BNY Mellon Wealth Management added Pamela Lucina as managing director and team leader for the firm’s wealth strategist group.

Based in Chicago, IL, Lucina oversees a team of eight wealth strategists across the US and reports to Don Heberle, executive director of the international wealth and market segments division.

Lucina has over 15 years of financial services and wealth planning experience - most recently at JP Morgan where she was a managing director and provided wealth and estate planning to the firm’s largest clients.

She has also previously worked at Mayer Brown in Chicago, providing financial, estate and tax planning services to high net worth clients. She previously also held positions with Wells Fargo and Arthur Andersen.

A Houston, TX-area team joined Wells Fargo Advisors from UBS, where they managed over $300 million in client assets.

Robert Higley and Robert Gardner, along with client associate Adrienne Zwahr, stepped into WFA’s Memorial City, TX, branch.

They brought 61 years of industry experience to the firm and report to Memorial City branch manager, David Fouts.

New Providence Asset Management, an outsourced investment office headquartered in New York, appointed two individuals as senior members of the 11-strong investment team and partners of the firm.

Jeannine Caruso left her role as chief investment officer at the Dyson Foundation to join New Providence. During her time at the former firm, she established investment and government policy and managed its investment portfolio. She was previously a senior member responsible for the Dyson-Kissner-Moran Corporation, where she was responsible for the firm’s corporate buyout activities.

The second addition, Brooke Parish, was latterly of Oakum Bay Capital, where he served as president and chief executive. He previously held positions at a number of firms including as partner and head of York Capital Management's client advisory group, as well as leading Bessemer Trust's alternative asset management group.

US Wealth Management, a network of wealth managers, appointed Matthew Schulman as director of business development, based in Braintree, MA.

Reporting to John Napolitano, chief executive, Schulman will lead strategy and execution around the recruitment of independent financial advisory practices.

Specifically, he will focus on adding fee-based practices with between $50 million and $100 million in assets under management. He will also oversee advisors on their professional development and growth including business succession and operating efficiencies.

Schulman has 27 years of industry experience, having held senior roles in branch development and sales management in New York and California at Prudential Securities. He also oversaw branch offices for Paine Webber/UBS in Columbus, OH, Boston, MA, and Worcester, MA. Prior to that, he led the central region for the investment group at Citizens Bank in Massachusetts.

Atlanta, GA-headquartered Triad Advisors, which supports independent hybrid financial advisory practices and registered investment advisory firms, added Wagner Wealth Management to its broker-dealer and hybrid RIA multi-custodial platform.

Nine financial advisors make up Wagner Wealth Management, with another advisor set to join soon. The firm – with offices in Greenville, Anderson and Seneca, SC – serves mass affluent and high net worth clients across the US – particularly in the East.

Wagner Wealth also has a strong background working with independent business owners whose businesses range in size from small operations to complex companies with $500 million in enterprise value.

The firm also serves as an independent hybrid RIA group for independent financial advisory practices seeking to affiliate with a larger advisor group. It provides back- and middle-office operational support, turnkey asset management capabilities and technology platforms, as well as "softer" services like valuation and succession planning advice.

San Francisco, CA-headquartered PENSCO Trust Company, an alternative asset custodian, appointed Stephen George to its board of directors amid increasing demand for private equity investments in individual retirement accounts.

George has 25 years of private equity and investment management experience, including as: founder of Omaha-based Panorama Point Partners, a private equity partnership; co-founder and chief investment officer of Capricorn Investment Group; and vice president at Goldman Sachs in an investment management capacity.

He “will help chart a course for growth that includes meeting the needs of PENSCO’s individual investor clients and maximizing opportunities with private equity fund sponsors, private placement issuers and third-party private equity crowd funding platform partners,” said Kelly Rodrigues, chief executive, PENSCO.

The firm reported a growing demand for private equity; it is the fastest-growing alternative asset class held by PENSCO clients in their retirement accounts. For example, half of all new PENSCO accounts in 2013 were in the form of a private fund, private placement, or other type of private equity deal.