People Moves

North America Executive Moves – December 2010

Wendy Connett Editor New York 5 January 2011

North America Executive Moves – December 2010

A round up of executive moves in December.

Bank hired industry veteran Heidi Steiger as Atlantic region president in its
Private Client Reserve unit, a newly created role, as the bank looks to
aggressively build its wealth management business nationwide.

30-year industry veteran, Steiger spent 20 years at Neuberger Berman, where she
ran its private client business. Most recently, she was an advisory director at
Berkshire Capital Securities and ran her own consultancy, Topridge Associates.
Previously, she was president of Lowenhaupt Global Advisors.

Trust hired Jeffrey Jacobs as a managing director and director of business
development in Chicago. In Boston Sid Nargundkar joined as a vice president and
equity analyst for the firm’s disciplined equity team and Chris Flynn, as an
associate vice president and associate relationship manager.

joined from Bessemer Trust where he was a principal responsible for cultivating
new relationships with wealthy families and their foundations in the Midwest.

has more than seven years of industry experience analyzing high-tech companies
and trends for firms such as Wells Fargo Securities, Oracle and HP and Flynn
was a portfolio manager with State Street Global Advisors.

Bank added three new personal trust relationship managers to its Private Client
Reserve group - David Joyslin, Linda Rees-Christianson and William Sanden

was previously a trust administrative officer for US Trust, while
Rees-Christianson joined from Burr Oak Group. Sanden stepped in from Wells
Fargo Bank, where he served as trust officer. All three are located at US
Bank's Nicolet Mall branch.

Wealth Management hired Karen Ashworth as director of its Seattle complex.  Ashworth was most recently a
non-producing branch manager in California at Morgan Stanley Smith Barney.

Stanley Smith Barney recruited a four-person team of financial advisors
managing over $1 billion of client assets from UBS.

Livingstone, Kevin Bednar, Lee Osman and Stephanie Hoffman have joined MSSB’s
Madison Avenue, New York City offices

Wealth hired seven advisors with a combined $2.24 billion in client assets.

Egan joined from AllianceBernstein's Bernstein Global Wealth Management in Boston.
The Boston office also added two Wilmington Trust advisors: Michael Reiser,
chief investment officer for the Northeast, and Ria Hart.

New York, Barclays Wealth hired George Kolodka, also from Bernstein. Jamie
Weeks and Hunter Hamm joined the firm in Atlanta. Weeks at UBS Global Asset
Management and Hamm recently worked at UBS as a financial advisor.

Chicago, the firm hired Michael Schwartz, who for the past two years led a team
at JP Morgan Private Wealth Management.

also announced that it hired John Cregan as its regional manager in Palm Beach,
Florida. Cregan joined Barclays Wealth from Hotchkiss Associates.

Brown has joined start up Dynasty Financial Partners as partner and director of
wealth management from US Trust. Brown brought with him members of his wealth
management team, including Charles Britton who joins as partner. At US Trust,
the private banking subsidiary of the Bank of America, Brown was a managing
director and team leader focusing on banking, credit, investment management and
trust and estate planning for ultra-high net worth clients.

National Bank hired New York banking veteran Mimi Kidd as a vice president in
its private client services division. Kidd was most recently a senior vice
president and managing director for Herald National Bank in New York.

also appointed Leigh Shipp Muniz as vice president and chief fiduciary officer
for its personal trust services unit. Muniz most recently served as an attorney
at Davis & Whalen.

Wealth Management Americas signed on Dave Schrohe as Chief Operating Officer of
wealth management solutions, a new post.

to UBS Schrohe spent 16 years at Morgan Stanley Smith Barney and its
predecessor firms and was most recently head of Morgan Stanley Smith Barney’s
Corporate Client Group and a member of the firm’s management committee. 

Trust Company appointed Palm Beach County attorney Erik Edward Joh as president
and chief executive. He joined Cypress Trust after serving as founding and
managing partner of the Boynton Beach office of New York law firm Hinman Howard
& Kattell for the past 30 years.

Trust named Diana Gibson senior client account manager and senior vice
president of its Denver office. Prior to joining Bessemer, Gibson was a
portfolio manager at Raynemark Investments in Boulder.

Prince joined JP
’s Private Wealth Management Group as a senior private banker in its
New York office. Prince returns to JP Morgan from Krusen Capital Management,
where she served as director of marketing.

Wealth Management Americas hired a duo of financial advisors from Morgan
Stanley Smith Barney in Houston. Blake Pratz and Jo Simmons report to Todd
Lavergne, complex director.

Trust signed on five wealth management executives. Chad Reddy most recently of
City National was hired as Northern California regional trust executive in San
Francisco and portfolio manager Barbara Bagley in Century City, California,
joined from Beverly Hills boutique Lewis Capital Management.

Mercea joined as a portfolio manager in Tucson, Arizona from JPMorgan Private
Wealth Management.

In New
York City Judy Slotkin joined as a private wealth management executive. She was
most recently chief risk officer for Everspan Financial Guaranty.

"Hill" Ewald came on board as a private client consultant in
Charlottesville, Virginia. He was most recently chairman of VNBTrust following
two decades as a private client manager in Bank of America's private bank.

Wealth Management signed on Edward Plotkin as vice president and Wealth
Manager. Plotkin worked as a senior private banking officer at Phoenix's
MidFirst Bank.

Trust has hired three senior wealth advisors for the company’s Wealth Advisory
Services business in the Northeast region from Boston Private Bank & Trust
Company. Christopher Casey, Michael Hoyt, and Jay Beckett Wailes all work in
Wilmington’s Boston.

also promoted Edward Jones to investment advisory team leader in its Villanova,
Pennsylvania office. Prior to joining Wilmington in 2004 he was a portfolio
manager in Wayne, Pennsylvania at US Trust.

addition Wilmington has hired Marguerite Weese as a senior financial planner
for its Philadelphia office. Weese joined from PricewaterhouseCoopers where she
was an associate in the personal financial services department.


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