People Moves
Barclays Wealth Hires Former DB Private Client Chief
Barclays
Wealth has hired Michael Burke, former head of Deutsche Bank
Alex Brown the US
Private Client Services division of Deutsche Bank, as regional
manager of its
Washington, DC office.
In
this newly-created post, Burke will manage all aspects of the DC
office, which
opened in mid-2009, and grow Barclays Wealth’s business in the DC
metro area
and mid-Atlantic region. He reports to Steve Houston, head of
Wealth
Management, who oversees the branch manager and investment
representative
network in the Americas.
“The
DC-metro area is one of the fastest growing in terms of the high
net worth
investors,” said Houston.
At Deutsche
Bank Alex Brown, Burke oversaw 300 advisors in 16 offices. Burke
left in early 2009
and became heavily involved with United Cerebral Palsy and served
as assistant
treasurer. He remains on the national board of trustees.
Prior
to Deutsche Bank Alex Brown, he worked at Morgan Stanley for 17
years in
several senior sales roles including director of national sales
and regional director
for the Southern US.
