People Moves
Summary Of Executive Moves In Global Wealth Management - April 2013

The World Gold Council appointed Robert Alderman as managing director of private investment in the US, based in New York.
Alderman joined the World Gold Council from Credit Suisse
Asset
Management, where he was managing director and head of retail
distribution for the Americas.
He has 25 years of experience in the private investment and
asset
management sectors, having spent time working at Advisors
Asset
Management, Prudential Investments and Bank of America Merrill
Lynch.
The Private Client Reserve of US Bank appointed Kenan Aksoz as
a
wealth management consultant and Doug Heding as an assistant
vice
president and private banking officer.
Aksoz has over 23 years of experience in the financial
services
industry and in his new role will work with high net worth
individuals
and families in Minneapolis, MN.
Based in Milwaukee, WI, Heding will also work with HNW
individuals
and families. He has significant experience in treasury
management,
credit risk management, HNW client relationship management and
small
business relationship management, the firm said.
Before joining the PCR, Heding was a private banking officer for The PrivateBank and Trust in Milwaukee.
RBC Wealth Management appointed Robert Magel as branch director
of
its Denver, CO, tech office - a role in which he is responsible
for the
oversight of 21 financial advisors.
Magel has 30 years of industry experience and most recently
worked at
UBS as a branch and complex manager. Previously, he was a
financial
advisor at Dean Witter, and then served as branch manager and
regional
manager when the company became Morgan Stanley.
Nerine Group of Fiduciaries appointed a new managing director for
its
British Virgin Islands business, and promoted its finance
director.
Jonathan Bailey is the new managing director of Nerine Trust Company (BVI). The previous managing director was Simon Filmer.
Bailey has more than 10 years’ experience working at a senior
level
within the private client sector in the UK and BVI. He will
oversee all
Nerine BVI operations and staff and takes on a prominent role
within the
group for marketing and business development, with particular
emphasis
on wealth structuring solutions available from the BVI for both
private
and institutional clients.
Former US Attorney Mary Jo White was sworn in as chairman of the Securities and Exchange Commission.
White was nominated to serve as the US authority’s chairman
by
President Barack Obama in February and the move was
subsequently
confirmed by the US Senate.
She served as the US Attorney for the Southern District of New
York
from 1993 to 2002 - a role in which she prosecuted complex
securities
and financial institution frauds, while also focusing on
international
terrorism cases.
Before that, White served as the first assistant US Attorney,
and
later acting US Attorney, for the Eastern District of New York
between
1990 and 1993.
Baird Private Wealth Management brought in a large Texas
advisory
team and opened a second office in Houston, as it targets oil and
gas
wealth in the Lone Star state.
The firm hired John Hantak as senior vice president, branch
manager,
responsible for overseeing both of its Houston offices. He is one
of ten
new hires the wealth manager has made.
Hantak joined Baird from UBS Financial Services, where he was
most
recently an executive director/complex director, overseeing
around 50
financial advisors in Stamford and Greenwich, CT, and managing
$48
million in revenues.
He was joined by seven legacy AG Edwards advisors, who were all
most
recently with Wells Fargo Advisors. The team focuses on the
retirement
planning needs of executives in the oil and gas industry and
oversees
more than $770 million in client assets.
The team of advisors is comprised of: J Gillette Burns,
director;
Orlando Montesino, senior vice president; Andrew Atkinson;
Richard
Pfeil, vice president; Matthew Leatherwood; Thomas Davis,
vice
president; and C Nelson Shields, vice president.
Burns, Montesino and Atkinson, known as The Burns Financial
Group,
were joined by client relationship assistant Cynthia Silva.
Meanwhile,
Pfeil and Leatherwood were joined by client relationship
assistant
Ogochukwu Obianagu. They are all based in the new Houston office.