U.S. Trust filled three executive sales positions at the firm's philanthropic solutions division.
Bernie Reidy, the former co-head of institutional sales at Commonfund, joins U.S. Trust Philanthropic Solutions in the newly created position of national philanthropic sales executive, the firm says.
In his new role, Reidy will be responsible for generating company growth under the firm's national sales strategy and will work in close partnership with its institutional investment team, according to U.S. Trust. He will report to Ann Limberg, head of philanthropic sales, the firm says.
Former J.P. Morgan Private Bank Investment Writer Christopher Mottershead also joins U.S Trust Philanthropic Solutions as an RFP manager and senior editor, the firm says. Mottershead will report to Reidy.
Division Philanthropic Executive Annie Hildreth will also take on the newly created role of sales strategy and execution executive to support institutional sales across all channels, U.S. Trust says. Hildreth will retain her responsibilities as division executive and report to Reidy, according to the firm.
U.S. Trust recently announced the addition of four new private client advisors.