Barclays Wealth, a unit of U.K.-based Barclays plc, hired Stephen Head as Managing Director and Regional Manager for Texas. Based in Dallas, Head will be responsible for managing the Dallas and Houston offices, as well as growing the regional business. He will report to Steve Houston, who was promoted in June to build the firm's high-net-worth client business and expand its advisor network.

Head has four decades of experience in financial services, according to Barclays. Most recently, he was head of U.S. client development at Carlson Capital in Dallas. And before that, he served as Dallas regional manager, equities division, at UBS, where he worked for15 years in a variety of senior roles. He also has worked at First Boston and Smith Barney.

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