Margarida Correia | May 17
Debralee Nelson, a recruit from J.P. Morgan Chase, will drum up business among ultra-high-net-worth clients in the New York Tri-State region.
Margarida Correia | May 16
Yves Cochez will manage the bank’s portfolio management team and set the overall direction of investment management for high-net-worth clients.
Heather Landy | May 16
Sallie Krawcheck, for years one of the most high-profile women in financial services, announced Wednesday that she has invested in 85 Broads and will take over as business leader for the women's network.
Margarida Correia | May 13
The firm has hired four wealth sales directors in Los Angeles and Newport Beach to drum up business.
Shelly Sigo | May 09
Hilliard Lyons hired Grover “Butch” Canty as a public finance banker to further the firm’s expansion in Western Kentucky.
Margarida Correia | May 07
Steven Wieting, managing director and U.S. economist in Citi Research, will be responsible for formulating investment strategies for the business and its clients around the world.
Lorie Konish | May 06
Merrill Lynch Wealth Management has tapped Ashvin Chhabra to serve as chief investment officer and head of Investment Management and Guidance.
Margarida Correia | May 01
Elise Fortin, a former executive of Wells Fargo Private Bank, will be responsible for leading Umpqua Private Bank’s expansion in the Puget Sound region.
Margarida Correai | Apr 30
Gerald Rixie, the former CFO of Calamos Family Partners, joined the Private Client Reserve as a wealth management consultant.
Margarida Correia | Apr 30
Madorie O’Hara, a former Citi Private Bank portfolio manager, will manage investment portfolios for Webster’s private banking clients. She will be based in Stamford, Conn.
Rachel F. Elson | Apr 29
Within a decade, only about 150 large, profitable wealth management firms will dominate wealth management, according to a new forecast co-authored by Mark Hurley, chairman and CEO of the Fiduciary Network.
Margarida Correia | Apr 19
Robert Buzzelli was formerly Allegheny Valley Bank’s chief banking and wealth management officer.
Margarida Correia | Apr 17
Martim de Arantes Oliveira will be responsible for driving the growth of Ascent’s new office, which will open this summer.
Margarida Correia | Apr 16
Doug Heding joined the Private Client Reserve as a private banking officer in Milwaukee; Kenan Aksoz joined as a wealth management consultant in Minneapolis.
Margarida Correia | Apr 10
Jonathan Gabriel, the former COO of MDS Bankmart, once the largest third-party marketing firm for banks, has joined Kehrer Saltzman & Associates as a senior associate.
Lorie Konish | Apr 05
UBS Financial Services has picked up three financial advisors from Morgan Stanley in Arizona and Indiana who managed $467 million in client assets.
Hung Tran | Apr 03
Asset managers have taken notice of the the proliferation of alternative mutual funds in the retail and institutional channels and have changed their game plan accordingly.
Margarida Correia | Apr 02
The bank hired a new wealth management advisor, trust officer and senior portfolio manager in the Minneapolis office of the Private Client Reserve.
Margarida Correia | Mar 25
Michael Cabanas, a former managing director at Fiduciary Trust International, will be responsible for sales in the firm’s Southeast US region.
Margarida Correia | Mar 21
Heather Borelli, a former senior associate of Abbot Downing, will provide clients of the bank’s Private Client Reserve unit with integrated investment services.
Lorie Konish | Mar 20
A Financial Industry Regulatory Authority arbitration panel’s rejection of compensatory damages requests from both Morgan Stanley and one of its former brokers is the latest example of how deals for sign on bonuses can sour when a new position does not work out.
Paula Vasan | Mar 18
The Certified Financial Planner Board of Standards, Inc. has added two newly created positions.
Mar 15
Mike Papedis of HighTower advisors says there is a trend toward independence among advisors and it will continue.
Mar 15
HighTower Advisors' Mike Papedis talks about why adivsors leave the wirehouse and what they they look for when going independent.
Mar 15
Mike Papedis of HighTower Advisors talks about some of the hurdles wirehouse advisors face when making the move to independence.
Margarida Correia | Mar 13
Ty Schlobohm and Mark Ambrose joined as private client advisors, while Mark Broderick joined as a private client consultant.
Margarida Correia | Mar 11
Paul Springmeyer joined the bank’s Private Client Reserve unit as a senior portfolio manager and John Ostrand joined as a trust officer.
Mar 08
Competition for top financial advisory talent has stayed strong, but the kinds of advisors interested in moving has changed, according to the eight recruiters who gathered for On Wall Street's annual Recruiters Roundtable this year. Check out the key trends set to influence advisor movement in 2013.
Margarida Correia | Mar 06
Robert Stevenson, a 14-year veteran of Northern Trust Co., will provide high-net-worth clients with integrated investment services.
Margarida Correia | Mar 04
Anne Copeland, an executive vice president of the bank’s Wealth Management Group since April 2012, will lead Regions’ efforts to provide banking, trust, and investment management services to affluent and high-net-worth individuals.
Margarida Correia | Feb 28
David Mook, a 29-year veteran of JP Morgan Chase, will lead U.S. Bank’s private banking services, focusing on the needs of high-net-worth and ultra-high-net-worth clients and family-owned businesses.
Margarida Correia | Feb 27
Julie Castle will succeed George Feiger as CEO of Contango Capital Advisors, Zions’ wealth management subsidiary.
Margarida Correia | Feb 19
Bruce Stewart will lead the team in Boston and handle all Boston-related investment business.
Margarida Correia | Feb 14
Mary Justice joined the Private Client Reserve as the unit’s greater Seattle market leader from Marsh Inc.
Teck Lim | Feb 11
Dynasty Financial Partners announced Monday it hired Michael Moriarty as director of investment platforms.
Teck Lim | Feb 11
Brown Advisory, an independent investment management firm with $33 billion in assets under management, announced the appointment of Porter Schutt and Bill Dugdale as partners in the firm’s Wilmington, Del., office.
Mason Braswell | Jan 30
The firm has hired the former head of Wells Fargo’s advisor development group to help open an office in the Northeast.
Samantha Allen | Jan 30
Cetera Advisor Networks has added a new four-person advisor team to its Virginia region.
Mason Braswell | Jan 15
Malcolm MacColl has left the firm he founded, Crosswind Investments, to join Brown Advisory.
Margarida Correia | Jan 15
David Duffy joined the group as sales director and will be responsible for the firm’s residential mortgage business in the Mid-Atlantic region, focusing primarily on Philadelphia and Washington, D.C.
Mason Braswell | Jan 14
As the new Head of Personal Retirement, Jeff Cimini will help grow the firm’s Personal Wealth & Retirement division to meet the changing demands of the industry.
Hung Tran | Jan 10
Scott Cooley, chief financial officer at Morningstar will resign from his post this year but the company expects him to remain in his role until it names a replacement.
Margarida Correia | Jan 09
Christopher Hohlstein is based in the firm’s growing office in Atlanta and reports to Craig Sutherland, president of the Southeast U.S. region.
Hung Tran | Jan 09
Newly appointed Securities and Exchange Commission Chairman Elisse Walter this week unveiled the agency’s General Counsel in the form of Geoffre Aronow, who will begin his new role later this month.
Hung Tran | Jan 04
Sandip Bhagat has resigned as head of Vanguard’s Equity Investment Group, according to a regulatory filing.
Editorial Staff | Jan 01
Hirings this month include UBS luring Robert Anning, Sr., John Anning and Tollie Chavis from Merrill; and Baron C. Becker moving from Morgan Stanley to Baird.
Donald Jay Korn | Dec 23
For Annemarie Thomas, a Wells Fargo financial advisor who ranks number 40 on On Wall Street’s list, now is the time to take advantage of a “sea change” for women and finances.
Rachel F. Elson | Dec 20
Ex-CFP Board Chief Alan Goldfarb Leaves Weaver, Opens New Planning Firm
Margarida Correia | Dec 20
Industry veteran Stephen Mullins will be responsible for overseeing the strategic direction of the firm and the portfolio management team.
Hung Tran | Dec 20
Belinda Sherman has been promoted to president of The Huntington Investment Company, reporting to Steven Short, director of Huntington Wealth Advisors.
Margarida Correia | Dec 19
It has named two industry veterans to key positions within Ascent Private Capital Management, the bank’s wealth advisory business for ultra-high-net-worth clients.
Mason Braswell | Dec 17
Barclays has brought on directors in New York and San Francisco.
Mason Braswell | Dec 17
In a round of fall hiring, the firm added eight advisors with a total of $6.4 million in production.
Samantha Allen | Dec 17
Independent investment advisory firm CapWealth Advisors today named Phoebe Venable president and chief operating officer.
Ann Marsh | Dec 13
Grabbing a top executive from one of the world's premier technology companies, LPL Financial has nabbed a top technology officer from Dell Inc. to help lead the independent broker-dealer's technology effort.
Matt Ackermann | Dec 13
Genworth Financial Wealth Management, a unit of Genworth Financial, hired Daniel Courtney to the newly created position of president of the asset management division.
Margarida Correia | Dec 11
Al Falco will work with individual clients in the Hartford area and institutional asset managers for middle-market corporations and non-profits.
Samantha Allen | Dec 11
Armed with new executives and a new partnership with an RIA, the online wealth advisory and lead generation firm for advisors, is thinking expansion.
Samantha Allen | Dec 05
Upon completion of the addition of two West Coast advisories by the end of 2012, hybrid RIA Washington Wealth Management will reach over $1 billion in recruited assets under management, representing a 900% increase since December 2011.
Editorial Staff | Dec 01
Hirings this month include Morgan Stanley adding Leon Ciobataru, Luiz Boruchowski and Cheryl Young.
Teck Lim | Nov 30
The Financial Services Institute elected David Stringer, Stephen Chipman, and Dick Lampen to its board for next year.
Margarida Correia | Nov 29
Mark A. Ritter will lead the growth and development of Susquehanna Trust and Investment Company.
Margarida Correia | Nov 26
Nicholas Pollard and Gwendolyn Boykin, formerly of Northern Trust, joined the Private Client Reserve’s office in Palm Beach. And Jack Randall, a 40-year veteran of the wealth management industry, joined the team in Naples.
Madhura Karnik | Nov 26
Securities and advisory firm, Multi-Financial Securities Corporation, announced today the signing of two new advisors, Dave Strunc and Nicholas Russell, founders of Sunrise Wealth Advisors, an Orlando, FL, based advisory firm.
Margarida Correia | Nov 20
Carmela Elco, an executive of National Penn Bancshares’ retirement advisory business, will join the council next month to help with initiatives in research, public relations, general public education, regulatory positions, and practice management.
Margarida Correia | Nov 16
The firm promoted Garrett Alton, a managing director of sales for Georgia, to a newly created role overseeing the firm’s sales teams in key Central and Mid-Atlantic U.S. markets.
Teck Lim | Nov 12
Glenmede, a privately-held wealth management firm with $21 billion assets under management, has hired Timothy Fisk as vice president and wealth advisor, and Jeffrey Coron as director of Institutional and Intermediary Distribution.
Samantha Allen | Nov 12
Beacon Pointe Wealth Advisors announced the addition of its third advisor partner, $130 million AUM RIA Wealth Management Network of Newport Beach, Calif. today. This marks the third deal in the last year and a half for national advisory partnership firm BPWA.
Margarida Correia | Nov 07
U.S. bank has added two new professionals to its super-wealthy business and hired a former Morgan Stanley Smith Barney officer for its business serving high-net-worth clients.
Editorial Staff | Nov 01
Hirings this month include Michael Maghini moving to Bank of America Merrill Lynch from Morgan Stanley; Mark Rabbe to RBC from UBS; Al Weaver and John Worcester to Ameriprise from Morgan Stanley, and promoted was Wells Fargo's Jim Hays to executive vice president and head of wealth brokerage services.
Margarida Correia | Nov 01
Jonathan Blackwood joined as a senior private banker, while David Noosinow joined as senior sales director to help develop business throughout Georgia and in Lexington and Louisville, Ky.
Mason Braswell | Nov 01
Pulling from Wells Fargo and Raymond James, the firm has added three advisors with over $200 million in AUM.
Mason Braswell | Oct 30
A 25-year veteran of the financial services industry, Richard Wright, will serve Wedbush’s Southern California office.
Lee Conrad | Oct 26
Ascent Private Capital Management names two managing directors in Seattle area.
Margarida Correia | Oct 25
Paul Cummings will serve as regional managing director for the Northeast Region, overseeing asset management and other services in New York and Philadelphia.
Margarida Correia | Oct 16
U.S. Bank hired Joe Weidenbach as Chicago market leader for The Private Client Reserve, the bank’s high-net-worth wealth management business.
Samantha Allen | Oct 15
Risk Paradigm Group, an independent wealth and asset management firm, announced Monday that a three-person advisor team from Morgan Stanley Wealth Management will join the firm.
Margarida Correia | Oct 12
Webster Bank has recruited Daniel FitzPatrick from BNY Mellon Wealth Management to lead its recently launched private bank.
Margarida Correia | Oct 12
Boston-based Eastern Bank has named Michael Tyler chief investment officer of its wealth management division.
Margarida Correia | Oct 11
Northern Trust promoted Darius Gill to managing director of Foundation & Institutional Advisors, the bank’s advisory group for middle-market non-profit institutions.
Margarida Correia | Oct 09
Chris Martin and Caryn Cosentini joined the team as senior vice presidents and senior private bankers.
Margarida Correia | Oct 03
BNY Mellon Wealth Management has added three senior portfolio managers and two senior directors for business development to its Southern California team.
Margarida Correia | Oct 03
Since it was formed last year, Citi Private Bank's North America Asian Clients Group has increased its client base by 10percent and its assets under management by over 40 percent.
Margarida Correia | Oct 02
Mary Martuscelli, a 33-year J.P. Morgan Chase veteran, will be responsible for growing and managing all aspects of the wealth management business in Washington, Oregon, California, Arizona, Nevada, Utah and Colorado.
Carri Degenhardt-Burke | Oct 01
How to make a seamless move to a new firm with less effort
Denise Federer, Ph.D. | Oct 01
The ultimate test of leadership is the way you handle employees' reactions to innovation.
Oct 01
Hirings this month include Merrill Lynch adding Lee Miller, Andrew Pleat and Mark Kean from UBS and Morgan Stanley hiring nine advisors including UBS's Keith Munera and John Wildemore.
Margarida Correia | Oct 01
Citi Private Bank has hired foreign exchange trading expert Oscar G. Salem as director and foreign exchange investment specialist. In this newly created position, Salem will oversee the bank's currency business in the Southwest region.
Margarida Correia | Sep 25
Northern Trust hired Randall S. Burkert, a 20-year Goldman Sachs veteran, as managing director of development for its wealth management arm.
Lorie Konish | Sep 24
Bank of America Merrill Lynch has named Morgan Stanley Smith Barney executive Michael Maghini to serve as head of insurance and annuities as the firm looks to capture more of the baby boomer market.
Samantha Allen | Sep 17
William Blair and Co. named Ryan J. Devore director of Private Client Advisors.
Lee Conrad | Sep 11
Doug Regan To Head JP Morgan's Midwest Private Bank After 27 Years at Northern Trust
Lorie Konish | Sep 07
Following news that Merrill Lynch Wealth Management lost several advisor teams to rivals this week, the firm is pushing back with three advisor hires of its own from competing wirehouse firms.
Larry Barrett | Sep 05
Neuberger Berman has named financial services veteran Brendan Gill as its new senior vice president and head of national accounts in its Advisors Solutions Group.
Larry Barrett | Sep 04
Neuberger Berman has appointed William Proctor as its new vice president and wealth advisor in its wealth management division.
Editorial Staff | Sep 01
A run down of hirings and promotions, including advisor team Andrew Cappello and Christie Roberts moving to Merrill Lynch from Morgan Stanley.
Larry Barrett | Aug 30
Securities America has hired Denise Morrison as its new chief compliance officer.
Margarida Correia | Aug 30
Michael Mortensen, the former president and CEO of PNC Investments, will oversee Union Bank's brokerage operation and all the registered representatives.
Lorie Konish | Aug 28
Merrill Lynch Wealth Management has snapped up three UBS financial advisors with more than $323.2 million in client assets under management.
Lorie Konish | Aug 24
Even as Merrill Lynch moved to a $40 million settlement in response to a class action lawsuit this week, some experts ask whether it will be enough to satisfy some several thousand advisors who left the firm following its acquisition by Bank of America.
Margarida Correia | Aug 22
Drew Brahos and Bruce Wetter will advise clients on portfolio management strategies and contribute to the team's investment research.
Mason Braswell | Aug 21
Ameriprise has added two big producing teams from Wells Fargo and LPL.
Lorie Konish | Aug 20
Proving that it is still in the competition for top advisory talent, Morgan Stanley Smith Barney has tapped competing firms to add nine new financial advisors with more than $1.22 billion in client assets under management to its forces.
Mason Braswell | Aug 17
A 20-year industry veteran, Jeff Smith will help build out the firm's D.C. office as a non-producing branch manager.
Lorie Konish | Aug 17
Wells Fargo has heated up its recruitment this summer by ushering in a spate of new financial advisor hires with almost $1.4 billion in assets.
Margarida Correia | Aug 15
Norman Greenidge will be responsible for meeting the wealth management needs of professional athletes through Northern Trust's core services of financial planning, investment management, trust and estate planning and private banking.
Margarida Correia | Aug 14
Susan Pickering will lead a team of relationship managers for high-net-worth clients and retirement plan services for institutions.
Mason Braswell | Aug 13
The Bockhold-Voorhees wealth management group joins RBC as recruitment picks up at the Newport Beach, Calif. office.
The Bockhold-Voorhees Wealth Management Group, including Tim Bockhold, Bob Voorhees, Maureen Ortiz and Kathleen Carroll, have moved from Wells Fargo to RBC Wealth Management's Newport Beach, Calif., office, which spans from San Diego to Beverly Hills and out to the desert. .
Mason Braswell | Aug 13
Veteran advisors Vann Wilder and Van Martin are taking their $300 million team from Morgan Stanley to Raymond James Coral Gables, Fla. office.
Aug 08
The Olympic Games have been a training ground for some into a second career as a financial advisor. On Wall Street caught up with several of those advisors as this year's games heat up in London. Take a look at who they are, the challenges they faced as athletes, and how that prepared them for their advisory careers.
Mason Braswell | Aug 03
Looking for a different culture, Paul Keats, who had over two decades at Morgan Stanley Smith Barney, and John Keats struck out for a smaller, regional firm.
Lorie Konish | Aug 01
As the London games take center stage, former athletes turned financial advisors talk about the big event and their careers.
Carri Degenhardt-Burke | Aug 01
Resist these common mistakes and make a smooth transition when hiring.
Lorie Konish | Aug 01
Citi Private Bank has hired Deutsche Bank executive Steven Young as a managing director and ultra-high-net-worth private banker in New York.
Jul 31
Kenneth Fortini, Ralph Labriola and Nicholas DiMenna will join Stifel after more than twenty years each at Wells Fargo Advisors.
Jul 31
The investment solutions provider has tapped a new CEO and president and relocated two offices as it responds to recent growth.
Margarida Correia | Jul 26
Timothy P. Mertz joined Northern Trust as a senior private banker and relationship manager and will lead a three-person banking team.
Mason Braswell | Jul 26
Elisabeth Baldwin joins Raymond James Morgan Keegan’s Gainesville, Ga., office after managing over $100 million at BB&T.
Margarida Correia | Jul 26
The trio brings the total staff to 19, up from 12 a year ago when the firm purchased the asset management business of Chicago-based Talon Asset Management.
Mason Braswell | Jul 25
Thirty-year industry veteran Chris Willett will help expand business in the South.
Margarida Correia | Jul 25
BNY Mellon has hired a former Northern Trust wealth strategist to be senior director in the firm’s Naples, Fla., office, in response to growing business in the region.
Kylie Hennagin | Jul 24
Industry veteran John Sullivan is joining Dynasty Financial Services as senior vice president, RIA and Transition Services.
Jakema Lewis | Jul 24
Morgan Creek Capital Management is tapping into the investment expertise of Daniel Kingston who has joined the firm as a member of its Investment Committee.
Kylie Hennagin | Jul 23
Dowling & Yahnke has announced that Michael Brown will join the firm as senior portfolio manager.
Hung Tran | Jul 23
Northern Trust has hired Jeff Kearny to lead new business development for asset servicing the West Coast and in the Mountain states, including corporations, public pension funds, insurance companies and not-for-profit institutions.
Hung Tran | Jul 19
Charles Schwab is beefing up its exchange-traded fund business with a new hire from Guggenheim Investments.
Hung Tran | Jul 19
Franklin Templeton Investments has named Andrew Ashton and Dennis Rothe to new roles overseeing consultant/gatekeeper relations and investment research for the company’s International Advisory Services and North America Advisory Services divisions, respectively.
Jul 18
Advisors John & Ann Gugle of Charlotte, NC, have developed a global dimension to their practice in response to client demand.
Kylie Hennagin | Jul 18
Two financial advisors, Matt Browning and Monica Bacon-Proctor, have been added to independent broker-dealer Securities America’s base of registered representatives.
Hung Tran | Jul 18
Franklin Templeton Investments has named Andrew Ashton and Dennis Rothe to new roles overseeing consultant/gatekeeper relations and investment research for the company’s International Advisory Services and North America Advisory Services divisions, respectively.
Kylie Hennagin | Jul 17
Beverly Hills Wealth Management, a wealth management firm serving high-net-worth individuals, families and businesses, announced the hiring of a new marketing director and the launch of its new Public Agency Financial Advisory division.
Jul 17
Value-oriented portfolio manager Jim Kieffer of Artisan Funds sees potential opportunity in large-cap equities, particularly in the tech sector.
Larry Barrett | Jul 17
Raymond James & Associates hired former Morgan Stanley Smith Barney advisor Tom Shoup as the new senior vice president of investments in its Atlanta office.
Jul 17
Steve Walsh of Western Asset Management shares his view of opportunities in the global bond market.
Jul 17
Paul Williams from Nuveen talks to us about new product development and what investors are looking for in a closed-end fund.
Jul 17
In this segment of Closed End Fund News, Samantha Allen from Investius speaks with Robert Shaker, Shaker Financial Services.
Michael Cohn | Jul 17
The Securities and Exchange Commission has named Paul A. Beswick as acting chief accountant in the Office of the Chief Accountant, succeeding James Kroeker, who left the SEC last Friday.
Hung Tran | Jul 17
Northern Trust has appointed Carl R. Tannenbaum as its chief economist, succeeding Paul Kasriel, who retired from Northern Trust earlier this year.
Matt Ackermann | Jul 16
Ferrara, who was elected during the CFP Board’s July meeting last week, is president and CEO of ProVise Management Group, LLC, a Clearwater, Fla., financial planning firm with more than $630 million in assets under management.
Mike Giardina | Jul 16
Oppenheimer & Co. disclosed Wednesday that it named one of its own to assume duties as New York’s institutional sales head.
Margarida Correia | Jul 13
Investment Centers of America beefs up its practice management program with newly created senior position.
Hung Tran | Jul 13
Ernst & Young LLP has appointed Julie Canty and Carlos A. Schmidt as partners in the firm’s Asset Management Tax practice.
Hung Tran | Jul 12
Janus Capital Group Inc. has made two institutional appointments in an effort to grow its institutional client and consultant relationships in the U.S.
Margarida Correia | Jul 11
Northern Trust has appointed 12-year company veteran Laura G. Mandel president of the Northern Trust Co. of Delaware.
Mason Braswell | Jul 11
Five candidates will compete for three seats on FINRA’s board of governors.
Hung Tran | Jul 11
Socially responsible investment shop Calvert Investments has named Lynne Ford to the newly created position of Head of Distribution.
Matt Ackermann | Jul 10
The Raleigh, N.C., company hired Charles Pendergraft, John Zachary Carnes, Cort Meinelschmidt, Chelsea Miller, J. Marshall Culp 3d, and James Beam.
Kylie Hennagin | Jul 10
Wealth management firm Glenmede hired Larry Hatch as director of its Cleveland office, the firm’s only office in Ohio.
Larry Barrett | Jul 10
Advisors Scott Christie, John Aitchison and Ryan Jennings will ply their trade from the firm’s new Scottsdale, Ariz. office.
