The month of June was a brisk one for moves and hires in different regions of the world in wealth management.

KPMG appointed Tim West as partner and head of investment management consultancy, a newly-created position. West joined from UK alternatives boutique Old Burlington Investments, where he was a partner. He previously held board-level roles at Babcock & Brown and iShares. He is based in London.

PMG also appointed Alexander Marcham as a director within its London private client advisory team. He joined from Deloitte, where he spent over a decade advising individuals and family offices on UK and cross-border tax matters. He specialises in international business and personal wealth advice, helping clients to maintain compliance with global reporting requirements and ensure wealth is preserved across generations.

Tcam Asset Management hired Pauline Hannigan as an investment manager in Edinburgh. Hannigan joins after almost a decade with investment boutique McInroy & Wood, where she was an investment manager, specialising in smaller companies listed on London's Alternative Investment Market. She also looked after the firm's AIM portfolio service. Previously, she worked at Standard Life.

WH Ireland promoted its deputy head of private clients, Roddy Buchanan, to head of wealth management. Based in London, Buchanan took over from Richard Killingbeck, who now focuses on his role as chief executive of the company.

Meanwhile, Rupert Yeoward, was appointed deputy head of wealth management, also in London. He spent the last two years as an independent wealth management consultant, having previously worked for Deutsche Bank and Rathbone Investment Management. At Deutsche, he was an executive of the UK asset and wealth management board, according to his LinkedIn profile. He is now responsible for leading the firm's private wealth offices in Bristol, Cardiff, Manchester, Milton Keynes and Poole.

Brown Shipley appointed Phil Harris as client director within its Leeds office. Harris joined after 12 years with HSBC, where he was most recently director and senior private banker.

Europe Arab Bank appointed Fadi Halout as head of private banking, replacing Philip Arida, who moved to another role internally. Halout joined from National Bank of Abu Dhabi, where he has been the country chief executive for France for the past 12 years. Before that, he worked at BLC Bank (France) and Credit Agricole Indosuez Group. Fadi was also a lecturer in asset management courses at Paris-Dauphine University from 2001 to 2005. In 2013, he became president of the Foreign Banks Association in France (CBEF).

RWC Partners, the investment manager, appointed the former chief executive of listed hedge fund firm Man GLG, Peter Clarke, as a non-executive director. Clarke also serves on the boards of Lombard Odier and AXA UK, and is chairman of Lancashire Holdings. At Man GLG, he was CEO for six years. His business career spans more than 30 years.

Schroders split its multi-asset investments and portfolio solutions business into two separate units following the departure of Nicolaas Marais. Marais, head of Schroders' multi-asset investments and portfolio solutions team, joined the firm in 2011 from BlackRock’s multi-asset client solutions group, where he was global head of active portfolio management.

Johanna Kyrklund, who has been with the firm for nine years, was appointed global head of multi-asset investments. Based in London, she kept her role as head of the global asset allocation committee. Her team manages flagship income, diversified growth and real return strategies while developing advanced beta capabilities.

Meanwhile, John McLaughlin and Andrew Connell were named to co-lead the portfolio solutions team. They focus on areas including liability-driven investment, advanced bond beta, fiduciary management and global strategic solutions.

UK-based Architas promoted senior investment manager Sheldon MacDonald to the newly-created role of deputy chief investment officer. MacDonald, who joined Architas in 2010, continues in his role as manager of the Architas Multi-Asset Blended range. He is based in London.

Kames Capital hired Elena Delfino as business development manager within its European wholesale distribution team. Delfino joined from Neuberger Berman, where she worked within the company’s sales team covering Spain, Portugal and Italy. Before that, she was a sales and account manager at Bloomberg, where she managed client relationships across Italy. Based in London, she covers accounts across Italy and Spain, which includes the firm’s client base of wealth managers, financial advisors, family offices, fund platforms and banks. She reports to Richard Dixon, Kames' head of continental European wholesale.

Kames Capital also appointed David Ennett to lead its high yield team as Phil Milburn returned to the company to become head of investment strategy. Ennett joined from Standard Life Investments where he was head of European high yield and manager of the SLI Higher Income and European High Yield funds. He co-manages the Kames High Yield Bond and Kames High Yield Global Bond funds alongside the current co-manager, Milburn, who returns after a period of ill-health. The other co-manager of the funds, Claire McGuckin, who joined Kames in 2012, left the company.

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Walker Crips appointed Alistair Macnab as a stockbroker, based in London. Macnab joined after 30 years with Charles Stanley, where he was a stockbroker. He will provide stockbroking services to private clients, including discretionary, advisory and execution only.

Towry hired Charles Coade as a financial planner within its Leeds office. Coade was previously a financial advisor for Lloyds Banking Group and, before that, an independent financial advisor at HSBC. He has nine years of experience in financial services, six of which have been in client wealth management.

Towry also named Alex Price and Michelle Murphy from Grant Thornton within its Belfast office. Price, previously a wealth manager at Grant Thornton, joined as a financial planner and wealth manager. She has over 20 years of wealth management experience, having also worked for Aon and Standard Life. She looks after personal injury and clinical negligence clients in Northern Ireland. Murphy joined the team as a wealth planner. She was previously a paraplanner at Grant Thornton and has also worked at Arthur Dodds & Company.

Deutsche Bank appointed compliance executive Saleha Bilal as chief operating officer of its UK wealth management arm, replacing Lindsay Nicholls-Smith who is now in charge of the lender's know-your-client (KYC) screening globally.

Nicholls-Smith, who joined Deutsche in 2013, has been overseeing wealth management operations in the UK and southern Europe. She previously spent four years at Lloyds Banking Group. In the newly-created role, she will be based in London.

Her successor, Bilal, also based in London, was head of compliance for the bank's UK wealth management business, a role held since 2012. Before joining the German lender, she worked in compliance advisory at Barclays Wealth.

In other high-level moves at Deutsche Bank, asset management head Quentin Price stepped down.

Investec Wealth & Investment hired James Kempson as senior financial planning director, while Investec Asset Management hired Iain Cunningham as a portfolio manager within its multi-asset team. Kempson joined after five years with Killik, where he was partner and associate director of wealth planning.

Meanwhile, Cunningham joined from Schroders, where he spent nine years in investment management roles within the multi-manager and multi-asset teams. He co-managed the Schroder ISF Global Multi-Asset Income Fund and the Global Multi-Asset Allocation Fund, and ran the Global Tactical Asset Allocation mandate. Schroders confirmed Cunningham's planned departure back in March. He reports to Michael Spinks, co-head of multi-asset growth at Investec Asset Management.

AXA Investment Managers appointed David Shaw as deputy manager of the AXA Framlington American Growth Fund. Based in London, Shaw reports to Stephen Kelly, lead manager of the £533.1 million ($782.6 million) fund and head of US strategies at AXA IM Framlington Equities. He replaced Dan Harlow, who rejoined the firm's UK equities team as manager of the AXA Framlington UK Smaller Companies Fund.

Carmignac appointed Mark Denham as head of European equities. He replaced Muhammed Yesilhark, who left the company in March. Denham joined after 13 years with Aviva Investors, where he was in charge of pan-European equities.

LendInvest, the peer-to-peer lender focused on property, appointed Stephan Wilcke, former executive chairman of OneSavings Bank, as a special advisor. Wilcke’s financial services career spans nearly 25 years and combines a mix of leadership roles at commercial, government-backed and regulatory institutions. He held the chairmanship of OneSavings Bank, the FTSE 250 specialist finance lender, until it became the first challenger bank to hold an IPO in London in June 2014. After the listing, Wilcke continued to serve on the bank’s board as a non-executive director until May 2016.

Shareholder advisory firm Hermes EOS appointed Carl Short to the new role of director of engagement. Short, who brings over 25 years of experience in the equities market, previously worked for a number of banks and research providers, including Standard & Poor's equity research unit, Société Générale, Nomura and Kleinwort Benson. Based in London, he is responsible for leading the engagement team’s implementation of Hermes EOS’ global engagement and voting services programme.

Dominic Rose left Bellpenny after four years as acquisitions and marketing director. Rose joined the company in May 2012, having previously led the acquisition and wholesale team at Towergate Financial. Mike Porter replaced him as head of acquisitions. Porter, based in Reading, has also been with Bellpenny for four years and was most recently acquisitions manager.

Nutmeg appointed Bill Packman as chief operating officer and Catherine Prentke as commercial director. Based in London, Packman replaced Phil Bungey, who moved to Seven Investment Management. Packman joined Nutmeg in 2014 and has been responsible for managing the firm's transition to its new operating model.

Bedell Cristin, the offshore law firm, appointed Kristian Wilson as partner in its Singapore office. Wilson joined the firm in June 2013. He qualified as a solicitor (England and Wales) at Slaughter and May in both London and Paris before practising offshore law in Jersey and the BVI. He is also a qualified BVI lawyer and his practice includes corporate and financial matters, with a focus on joint ventures, private equity and cross-border transactions.

Birmingham-based Gemini Wealth Management reappointed Paul Reid as investment manager. He replaced Chris Hill, who has left for Miton Asset Management. Reid previously joined Gemini when it was founded in 2006, going on to hold various roles. He last headed the investment management team in late 2013.

Kames Capital hired Graeme Sharpe as a product specialist within its multi-asset team. Sharpe joined from pensions and benefits consultancy Hymans Robertson, where he spent five years as associate investment consultant.

Kames Capital also hired Rory Sandilands as investment manager within its fixed income team. Sandilands previously worked at Goldman Sachs, where he spent a decade as an executive director in the credit sales team. Before that, he was vice president in fixed income credit sales at Morgan Stanley. He reports to investment manager Stephen Snowden.

Russ Oxley left Old Mutual Global Investors just over year after joining the company as head of fixed income absolute return. Oxley joined in April last year with a fixed income team from Standard Life Investments' UK-based subsidiary, Ignis Asset Management, where he had spent 11 years. In October, OMGI launched a government bond fund under Oxley's leadership, with seed capital of £100 million ($142 million).

Adam Purzitsky and Paul Shanta replaced Oxley; they were promoted to co-heads of the absolute return government bond team. The firm also appointed Mark Greenwood and Peter Meiklejohn to the team.

Distribution Technology appointed Lisa Williams to the newly-created role of senior consultant. Williams joined from eValue Investment Solutions where she worked with large advisory, wealth management, corporate advisory groups and networks. She was also compliance manager within the Moneybee business of eValue and before that, business development consultant for HSBC Wealth Distribution Support. Williams also worked within the business development and compliance teams at Prudential, AXA Wealth Management and Hargreaves Lansdown. She is based in Readking, the company HQ, and reports to Ben Goss, chief executive of Distribution Technology.

Bates Wells Braithwaite appointed Gillian Roche-Saunders as partner to lead the firm’s new financial regulation consultancy service. Roche-Saunders joined from Bovill where she set up a compliance consulting team dedicated to the venture finance industry. She has expertise in the alternative finance, venture capital and financial technology sectors. She previously spent seven years leading compliance investigations at The Law Society.

Irwin Mitchell Private Wealth, part of UK law firm Irwin Mitchell, appointed immigration solicitor Ben Xu to a new role that will see him concentrate on providing immigration advice to international high net worth individuals and businesses. Xu previously worked at Joelson Wilson, where he specialised in advising private and corporate clients on immigration matters such as Tier 1 (entrepreneur/investor) and Tier 2 (general/intra company transfer) visas, Employer’s Sponsorship Licence applications, Representative of Overseas Business, Dependents’ visas, EEA Family Permits, Tier 4 (student) visas, indefinite leave to remain, naturalisation, immigration appeals and judicial reviews.

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HSBC Global Asset Management named Ramzi Sidani as senior portfolio manager and lead portfolio manager of its frontier markets equity strategy. Sidani joined the London team from SHUAA Asset Management in Dubai, where he managed the firm’s flagship frontier, Middle East and North Africa capabilities.

Anderson Strathern Asset Management appointed June Hanney to head up compliance. Hanney, who brings over 25 years of financial services experience, joined from One Solution Group, where she was group compliance manager working across the firm’s London and Glasgow office. She is based in Edinburgh.

Hermes Investment Management appointed Gareth Davies to the newly-created role of head of client relationship management. Davies joined after a decade at BlackRock, where he was a managing director, responsible for relationships with some of the firm's largest UK pension scheme clients. He was previously head of UK client relationship management at Henderson Global Investors and, before that, vice president at JP Morgan Asset Management. Based in London, Davies reports to Mark Miller, Hermes' head of institutional for the UK, Middle East and North Africa.

Shoosmiths launched a new family law team in London, with the appointment of Howard Kennedy duo Juliette Peters and Jay Patel as partners. The pair bring experience in advising high net worth individuals. Peters joined after five years at Howard Kennedy, where she was a partner and head of family law. She previously served as head of family law at Quastel Midgen. Before that, she worked under matrimonial lawyer Raymond Tooth of Sears Tooth for seven years, specialising in the high net worth space. Peters advises clients on private children work, pre-nuptial agreements, divorce, civil partnership dissolutions and property claims between unmarried couples. Patel was also a partner at Howard Kennedy and has been a matrimonial lawyer for over 20 years.

Old Mutual Wealth appointed Darren Smith as head of the Financial Adviser School. Smith, who has 23 years' experience in financial services, joined UK financial advisor network Intrinsic in 2013, a year before it was acquired by Old Mutual Wealth. His responsibilities have included the acquisition and transition of Sesame’s wealth advisors in 2015.

Waverton Investment Management appointed Ian Coptcoat as a business development manager focusing on financial advisors in the East of England. He joined after 28 years with Standard Life, where he was part of a team of account managers working with financial advisors in London and the South East. He brings over 30 years’ experience of working with advisors. In the new position, Coptcoat works alongside marketing director Mark Barrington and fellow business development manager William Tong to help enhance the firm's relationships with advisors across the UK. He is based largely in Ipswich, working from the Waverton office in London as and when needed.

Offshore specialist law firm Maples and Calder appointed industry veteran Ray Davern to its London-based private client practice. Davern, who joined the firm this week as a partner, has more than 25 years of experience in the sector and previously led the private client and trust practices in both the British Virgin Islands and Cayman Islands for Conyers Dill & Pearman.

Smith & Williamson, the UK-based accountancy and private client wealth manager, appointed John Harley as a non-executive director. Harley previously held senior management roles at PricewaterhouseCoopers and Ernst & Young. Since retiring from EY in 2011, Harley held a number of non-executive positions in the public, private and not-for-profit sectors.  

MASECO Private Wealth appointed Helge Kostka as its chief investment officer, responsible for managing the firm’s $1 billion-plus asset portfolios. He also leads the research team that works with the academic community. Previously, Kostka helped to establish and grow the presence of Research Affiliates in Europe.

Legal & General Investment Management appointed Michael Marks as chief operating officer, reporting to Mark Zinkula, the organisation’s chief executive. Marks joined after 28 years at BlackRock. Marks replaced Simon Thompson, who left the firm at the beginning of February to take a sabbatical from the industry.

Nigel Gilland, the co-head of European Wealth’s Manchester office, left the firm. His role was not replaced. The departure follows that of David Mellett, who joined the firm with Gilland in the Autumn of 2014 to spearhead its new Manchester operation. Mellett left for Santander earlier this year as a wealth manager. Before European Wealth, the pair worked at Barclays Wealth and Investment Management. Gilland was with Barclays for 18 years.

Hermes Investment Management appointed Gill Clarke to the newly-created position of strategic compliance director. Clarke, with nearly 30 years of industry experience, joined from Close Brothers Asset Management. There, she was head of legal, compliance and risk. Her previous roles include head of international compliance at BlackRock and head of legal, compliance and risk management with ABN AMRO and UBS Global Asset Management.

Based in London, Clarke leads the compliance team, with responsibility for functional expertise, compliance monitoring and advisory. She reports to Hermes' chief executive, Saker Nusseibeh.

Mark Davies & Associates, a UK-based firm focused on international clients such as non-domiciled residents, appointed former Lombard Odier senior figure David Bell as a tax consultant. Bell is a chartered accountant and fellow of the Chartered Institute of Securities & Investment. At Lombard Odier, Bell led the Swiss firm’s wealth planning offering from the London office. He has 10 years’ experience in advising wealthy families, particularly those who are UK resident non-domiciled.

Jupiter Asset Management named Jasveer Singh as general counsel. Singh came from Man Group where he worked for 12 years, most recently as group general counsel. His role is a new one; previously, it was part of the brief of Adrian Creedy, who has moved to a part-time role but remains as company secretary. Legal and compliance persons who previously reported to Creedy now reports to Singh.

Walker Crips hired Nutmeg's former head of compliance, Guy Jackson, as compliance director. He replaced David Hall, who will be retiring at the end of this month. Jackson left Nutmeg in November 2015 after almost a year at the online wealth manager and was replaced by Rani Pone. He originally joined Nutmeg in 2013 before serving as head of global compliance at NewSmith Asset Management.

Rowan Dartington appointed Alex Philipson as investment manager. Based in London, Philipson joined after four years at Quilter Cheviot. In the newly-created role, Philipson manages private client assets and reports to the company's head of wealth, Paul Field.

London law firm Payne Hicks Beach made four promotions across its private client, family and property departments.

Basil Dixon was promoted from associate to partner in the private client team. Emily Foy, Emilie Helm and Marisa Beccarelli were made associates in the family (Foy and Helm) and property departments (Beccarelli). Dixon joined the firm as a solicitor from Maurice Turnor Gardner in 2014. He has experience in advising international and UK-based high net worth individuals, trustees, family offices and estate managers on a wide range of complex offshore and onshore tax, trust, estate and succession planning issues. Foy and Helm joined the firm in 2011. Foy is instructed on a range of family law matters ranging from cohabitation agreements to matters relating to children.

Boodle Hatfield made two appointments to its Middle East team to launch a dedicated private office offering. Partner Shaima Jillood and solicitor Reem Al Jumaily joined from the private wealth team at Charles Russell Speechlys.

Jeremy Parrish, formerly chief executive of Standard Chartered Bank Switzerland, was appointed independent non-executive director of the board of Julius Baer International, the Swiss private banking group's UK and Irish business. Parrish was CEO, Switzerland at Standard Chartered Bank from 2011 to September last year, having previously spent six years as CEO, United Arab Emirates. He has also worked as a consultant for Deloitte's restructuring and financial services practice, and is chairman of The Challenger Trust, a charity for young people from deprived areas of the UK.

Sarasin & Partners appointed Gary Steinberg to its board as non-executive director. Steinberg, who brings more than 35 years of investment management experience, served as chief of the investment unit of the International Monetary Fund from 2010 to 2015.

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Switzerland
Jacques de Saussure retired at the end of June from the board of partners at Pictet and handed over to Nicolas Pictet. As has been the rule at Pictet since it was founded in 1805, the senior partner retires when he reaches retirement age and the second-oldest partner takes over. Geneva-headquartered Pictet, at 60, is the bank's oldest partner after De Saussure, 64.

Julius Baer hired Carlos Recoder from Credit Suisse as head of a new sub-region: Iberia international, France and Belgium. The sub-region excludes the domestic Iberia markets serviced out of Julius Baer's office in Madrid. He joined the Zurich office after 20 years in senior management positions at Credit Suisse, most recently as head of private banking, Western Europe.

Saffery Champness (Suisse), the fiduciary, tax and accountancy firm, appointed Andrew Everton and Daniel Hawson as client directors, and Robert Steele and Steve Beresford as associate directors, all based in Geneva. Everton, Steele and Beresford joined from Barclays Trust Company, while Hawson joined Saffery Champness last year, having previously run Lloyds' Swiss trust operation.

JP Morgan Private Bank appointed Matteo Gianini as head of the Switzerland market, replacing Andrea Tardy who left to join another line of business within the firm. He joined the Geneva team from Deutsche Bank (Switzerland) where he was head of wealth management.

REYL & Cie appointed Andreas Söderholm as its new head of asset services, based in Geneva. He joined after four and a half years at Credit Suisse, where he was part of the global external asset managers fund solutions team. Söderholm is responsible for promoting REYL's offering to an institutional clientèle including banks, independent asset managers, fund managers and family offices in Switzerland and overseas.

Rest of Europe
Bedell Cristin appointed mergers and acquisitions lawyer Guy Westmacott as a senior associate within its corporate team in Jersey. He joined after eight years with Mubadala Development Company, an Abu Dhabi government-owned investment and development company. As senior legal counsel, he was primarily involved in mergers and acquisitions and has also worked on corporate, project finance and restructuring matters.

Union Bancaire Privée appointed Cristina Jarrin as senior portfolio manager within its convertible bonds team, replacing Brinda Kirpalani who became a senior convertible bond and credit advisor. She most recently worked at Edmond de Rothschild Asset Management, where she headed up global convertible bond portfolios. She joined UBP's Paris office with two other new recruits – Benjamin-François Barretaud as junior portfolio manager and Rui Lopes as developer – within the convertible bonds team.

Isle of Man-based Creechurch Capital appointed Mario Ricciardi to the newly-created role of managing director. He joined after 17 years with Canada Life International, where he was executive director, responsible for the investment operations of the company.

Ossiam, the smart beta and exchange-traded fund manager, hired Paul Lacroix as sales assistant, Nicolas Grouls as in-house legal advisor, and Johann Nicolle as portfolio manager and quantitative analyst. All three are based in the firm's Paris headquarters. Lacroix joined following internships in corporate finance at BIC USA and wealth management at CBC Banque. Grouls previously worked at Neuflize OBC Investissements as a product manager, focusing on SICAV ABN AMRO multi-manager funds. Nicolle helps manage funds, while carrying out quantitative research on investment strategies.

Estera, the provider of offshore fiduciary and administration services, appointed Tui Iti to the newly-created role of risk and compliance director in Jersey. Iti was previously group risk and compliance director for fiduciary services firm Elian.

Elian appointed Donna Laverty as an associate director, based in Jersey. She specialises in setting up and administrating corporate offshore vehicles. She previously spent nine years working in Elian’s performance and reward management division and has also worked at KPMG, Abacus and Bedell Cristin.

Elian also appointed Laurent Bélik as managing director in Luxembourg, replacing Paul Lawrence who moved to London earlier this year to become the firm's head of European funds. Bélik was managing director of SFM Luxembourg for five years before Elian acquired SFM Europe last year. He now leads the combined Elian and SFM business in Luxembourg.

Elian Private Wealth hired Matthew Christensen as an associate director in Jersey. He joined from Volaw Trust & Corporate Services where he held senior positions in funds and Islamic finance, most recently as a director of Volaw Fund Services.

Law firm Taylor Wessing appointed Hermann-Ulrich Viskorf, former vice president of the Federal Finance Court of Germany, to the position of counsel, based in Munich. Viskorf was, until the middle of last year, presiding judge of the second senate of the FFC, responsible for the development of case law in transactional tax at the highest financial court in Germany. He has covered laws relating to inheritance tax, tax on gifts and real estate tax.

Quentin Price stepped down from his role as asset management head of Deutsche Bank after taking two months' medical leave. The bank's search for a successor is underway. In the meantime, Jon Eilbeck, global chief operating officer and regional head for Asia-Pacific at Deutsche Asset Management, continues to lead operational responsibilities for the business, and chief executive John Cryan continues to represent asset management on the management board.

JP Morgan appointed and promoted Edouard Debost to the role of head of financial sponsors (private equity) and family offices in France. He was previously head of the US bank’s private client advisory (PCA) initiative in Europe since 2012.

Danske Bank, Denmark's largest bank, hired Henrik Gade Jepsen as head of asset management within its recently created wealth management unit. Jepsen previously worked at Danish pension fund ATP, which he joined back in 1999, as chief investment officer and head of securities. In his new role, he is responsible for managing some DKK690 billion ($103 billion) of customers’ funds as well as over 350 employees in the Nordic countries and Germany.

THEAM, part of BNP Paribas Investment Partners, appointed Isabelle Bourcier as head of exchange-traded fund and indexed fund activities, based in Paris. She was previously head of business development at Ossiam, a subsidiary of Natixis Global Asset Management specialising in smart beta ETFs. She is responsible for driving the development of THEAM's indexed and ETF investment offering, coordinating their implementation in key markets, including in France and more widely across Europe.

Paris-headquartered asset manager Amundi put together a new global advisory board. Chaired by Hubert Védrine, the former foreign affairs minister of France (1997-2002), the board gives the company insights on global economic, political and strategic developments, and their relevance on financial markets. Védrine is a consultant at HVC and an independent director of LVMH.

The board also includes Dame Helen Alexander, former president of the Confederation of British Industry (2009-2011) and current chairman of UBM; Sir Simon Fraser, former permanent secretary at the Foreign and Commonwealth Office and head of the UK diplomatic service (2010-2015); Enrico Letta, former prime minister of Italy (2013-2014); Maurice Levy, chairman and chief executive of Publicis Groupe; Patrick Ponsolle, former vice-chairman of Morgan Stanley International (2001-2009) and vice chairman Europe of Rothschild (2009-2014); Jurgen Stark, former member of the executive board and the governing council of the European Central Bank (2009-2011); Isabel Tocino Biscarolasaga, former minister of the environment in Spain (1996-2000); and Tatsuo Yamasaki, former vice minister of finance, Japan, for international affairs (2014-2015).

Middle East
Centaur Asset Management appointed Rose Omundi as corporate counsel, based in Dubai. She was previously senior legal counsel at Ecobank Kenya and company secretary to two of the bank’s subsidiary companies, EKE Property and Eco Insurance Agency.

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Asia-Pacific
Simon Lowth stepped down from his position as independent non-executive director and chair of the board financial crime risk committee at Standard Chartered. Lowth will leave at the end of July after six years on the board to focus his time on his new role as group finance director at BT Group. He stepped down as chief financial officer and executive director of BG Group in February this year following its takeover by Royal Dutch Shell. He was an executive director and CFO of AstraZeneca from 2007 to 2013.

Chew Kia Seng, a managing director at Pictet, left the business in Singapore.

Thirdrock Group, the wealth management house, appointed Eric Goh as investment strategist and senior client advisor. In prior roles, Goh was head of investors for Southeast Asia at JP Morgan Private Wealth Management and head of investment advisory at BNP Paribas Wealth Management. He has also held similar roles in multi-asset class advisory at UBS Wealth Management, HSBC Private Bank, as well as FX sales and advisory in Republic National Bank of New York and DBS Private Bank.

Carlyle Group, the US-headquartered private equity firm, hired a former senior Johnson & Johnson executive to advise on investing in China’s healthcare sector. Jesse Wu became a senior advisor to Carlyle’s Asian buyout fund, helping to unearth deals for the US private equity firm and boost its portfolio companies in the healthcare industry. Wu previously ran Johnson & Johnson’s operations in China.

PineBridge Investments appointed Maggie Zhao as managing director, business development, and Leo Li as vice president, institutional development. Based in Hong Kong, the pair joined from Amundi, where Zhao was head of China client coverage and development and Li was vice president, China business development. In her new role, Zhao leads a four-person business development team, focusing on China, Hong Kong, Macau and the Philippines. She reports to Rajeev Mittal, the firm's Asia chief executive, while Li reports to her.

David Harvey, the London-based chief executive of the Society of Trust and Estate Practitioners, stepped down from the post. He had been at the helm since 2001, during which time STEP has gone from around 6,500 members to over 20,000, including lawyers, accountants and other trust and estate specialists.

Standard Life Investments appointed Mitsuo Ohara as head of institutional sales for Japan, based in Tokyo. The role is a new one for the UK-headquartered firm. Ohara is responsible for developing and broadening key relationships across the financial institution, pension and consultant segments. He reports to Neil Slater, chief executive and representative director of Standard Life Investments in Japan. He brings over 30 years of experience in asset management and banking to the 11-strong Japan team. He was previously head of sales and client services at Northern Trust Global Investment in Japan.

Bedell Cristin, the offshore law firm, appointed Kristian Wilson as partner in its Singapore office. Wilson joined the firm in June 2013. He qualified as a solicitor (England and Wales) at Slaughter and May in both London and Paris before practising offshore law in Jersey and the BVI. He is also a qualified BVI lawyer and his practice includes corporate and financial matters, with a focus on joint ventures, private equity and cross-border transactions. 

Rothschild Wealth Management appointed Audrey Zau as head of wealth management for Asia and Mike Hue as head of wealth management for Singapore. Zau joined Rothschild last year as head of wealth management, North Asia, and is based in Hong Kong. She was previously head of wealth management, North Asia, for BHI Investment Advisors. In the newly-created role, she is responsible for the leadership of the enlarged team.

Hue joined from ABN Amro Private Bank, where he was most recently senior business manager and, before that, head of special products. He joined the bank in 2009 and is also an adjunct wealth management lecturer at Singapore Management University. Hue took on some of Elizabeth Hart’s responsibilities. Hart previously headed up the Singapore office and is moving to Zurich as a senior client advisor. Hue also serves as a senior client advisor, alongside Tang Kai Meng, who joined the Singapore team with around 20 years’ experience in private banking and wealth management at firms including Deutsche Bank, Citigroup, SG Private Banking and OUB. Hue and Tang report to Zau.

Australia and New Zealand Banking Group appointed a new chief compliance officer, Michael Liarakos. He took over from Mark Evans, who has been named managing director for transaction banking. Liarakos reports to group chief risk officer Nigel Williams. The new CCO has more than 30 years’ experience in audit, risk and compliance roles. He has been group general manager for internal audit since 2008.

One of the senior Asia-based figures at Indosuez Wealth Management left the firm. Norbert Joué, who was head of market and investment solutions, and based in Singapore, left after being in the post for less than 12 months. He was previously deputy head of private banking at Geneva-headquartered Lombard Odier.

Vontobel extended its wealth management offerings to the Australian market. Starting from the beginning of June, Vontobel’s advisory services and individual investment solutions are open for Australia-domiciled clients. The new team is led by Bernhard Breiter, who joined Vontobel Private Banking in Zurich. He spent 15 years at UBS serving the Australian market, including two years in its representative office in Sydney. (UBS in Australia has recently been spun off by the Swiss group into a separate entity via a management buyout, and renamed as Crestone.) Breiter reports to Alex Fung, head of Vontobel Wealth Management Asia-Pacific, who is based in Hong Kong. 

Schroders said one of its senior figures in the region, Lieven Debruyne, was appointed as Asia-Pacific chief executive. Debruyne, who has been country head for Hong Kong, joined Schroders’ group management committee. He replaced Richard Mountford who has been in the CEO role since September 2012. Chris Durack, meanwhile, became country head of Hong Kong. He also took on the role of head of institutional business, Asia-Pacific, from Sydney-based Greg Cooper. Durack joined Schroders’ Sydney office in 2011 as the head of product and distribution and relocated to Hong Kong in February 2016 to take on the role of head of distribution.

In another change, Singapore-based Showbhik Kalra, head of product for Asia-Pacific, assumed added responsibility as head of intermediary business, Asia-Pacific; a role that was previously held by Debruyne.

Schroders also appointed a former Nomura top executive as country head for Japan, as his predecessor stepped down. It named Shigesuke Kashiwagi to the post, taking effect from the start of July. He has 34 years of industry experience to the role. At Nomura, Kashiwagi was executive managing director, chief financial officer since April 2013. During his career at the firm, he held a number of senior management roles in Tokyo, New York and London. Prior to being CFO, Kashiwagi served as senior MD of group strategy and executive office with particular focus on regulatory strategy, as president and CEO of Nomura Holdings America, and as head of global fixed income.

The asset management head of Deutsche Bank, Germany’s largest bank, left after taking medical leave for two months. Quentin Price stepped down from the role in the middle of June. Price told colleagues in mid-April that he required a period of medical leave. After discussing the matter with his doctors, he said he would not be able to reassume his role.

Swiss International Asset Management appointed Peter Krismer as a partner at the firm in Hong Kong. Krismer started at the firm this month. Previously, he was managing director at BSI Bank, part of Switzerland-domiciled BSI in Hong Kong. He was at BSI from October 2010 to April this year, according to his LinkedIn profile. From March 2008 to July 2010, he worked at Coutts in Hong Kong as a senior client partner. He was at Coutts in Zurich from 1989 to March 2008.

Australia-headquartered AMP Capital appointed Andrew Quade as head of its industrial section in the asset management group. Quade leads the industrial property asset and development management team at AMP Capital. He came from the firm’s development team. Before working at AMP, he held roles at Lend Lease and GPT, working on a number of large projects in Australia.

Morgan Stanley Wealth Management, part of US banking group Morgan Stanley, appointed a former UBS director of wealth planning in Australia, Lisa Houlford. Houlford started at the US firm as head of financial planning on 20 June. She chose to leave soon-to-be UBS Wealth Management spin-off Crestone. Houlford joined UBS in 2010.

Ashley Dale stepped down from his position as chief marketing officer and head of international business development at Mirae Asset Global Investments in Hong Kong. Dale, who was with the company for seven years, led the business development and distribution of cross-border mutual fund products in Asia-Pacific, Europe and the Middle East. He previously served as chief executive at UK-based fund anager Morgan Dale Capital and as head of UK and European sales at CLSA, an equity broker and investment firm. Following his departure, MAGI (Hong Kong)’s president and CEO, Jung Ho Rhee, took on some of Dale's CMO responsibilities. He also leads the international sales teams of MAGI (Hong Kong) and MAGI (UK).

Fintech Australia, Australia’s national fintech trade association, appointed a prominent figure from the country’s media world to be its chief executive. Danielle Szetho was formerly banking and finance industry head for Fairfax Media. At Fairfax, she led initiatives in that firm’s publishing, content marketing and data divisions.

Canada-headquartered multi-asset trading firm OANDA appointed Kazuaki Takabatake as managing director and chief executive for the Asia-Pacific region, based in Singapore. Takabatake has 25 years’ experience in the industry. He took over from Rajesh Yohannan, who moved to other endeavours. Takabatake previously worked for Saxo Capital Markets.

GF International Investment Management appointed Chen Hao as chief investment officer, based in Hong Kong. He reports to Tom Ding, GFI’s chief executive. Ding previously held the CIO role. The move allows him to focus on developing GFI’s coverage of mainland China and overseas.

Withers, the law firm, hired Mahesh Kumar as a partner in its Singapore office, joining from the Singapore office of Nishith Desai Associates, an Indian firm. At the latter firm, Kumar headed the international tax, private client and globalisation practice.

US-listed SS&C Technologies Holdings, which operates in sectors such as fintech for wealth management, appointed Rainer Fuchsluger as managing director, Asia for the firm’s institutional and investment management business. Fuchsluger is based in Hong Kong. He reports to Christy Bremner, general manager at SS&C's institutional and investment management division.

Stephenson Harwood appointed Erik Wallace from Withers as a partner within its private wealth team in Hong Kong. Wallace joined from Withers, where he has been a partner since 2006, advising high net worth families on all aspects of US taxation and estate planning. 

Pictet’s banking operation in Asia appointed a new chief executive, Dominique Jooris. Jooris is the new CEO of Bank Pictet & Cie (Asia), the Pictet Group’s private banking entity in Singapore. Claude Haberer, CEO Asia-Pacific, Pictet Wealth Management‎, had been supervising directly Pictet Wealth Management's activities in South and Southeast Asia since the departure of the previous local CEO in October 2015. In addition to his regulatory functions as CEO, Jooris leads development of private wealth management for South and Southeast Asia. He reports to Haberer. Previously, Jooris worked at Goldman Sachs.

Beijing-based Industrial and Commercial Bank of China named Yi Huiman as its new chairman. Yi stays in his previous role of president, pending a replacement. He replaced Jiang Jianqing, who retired as chairman.

The Asian wealth management business of Royal Bank of Canada was brought under the leadership of the bank’s international head of wealth management, Stuart Rutledge, as part of a change at the top. Barend Janssens, head, RBC Wealth Management – Asia, retired. Peter Corry took on his role, based in Singapore, and reports to Rutledge. 

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North America

SS&C Technologies, a global provider of financial services software and software-enabled services, appointed Will Entwistle as a senior vice president of the firm's institutional and investment management divisions. Entwistle, who is tasked with building out and leading SS&C's North American sales team, was previously a vice president of wealth management and trading solution sales for the Americas at Interactive Data Corporation.

Deutsche Bank appointed compliance executive Saleha Bilal as chief operating officer of its UK wealth management arm, replacing Lindsay Nicholls-Smith who will take charge of the lender's “Know-Your-Client” (KYC) screening globally.

Nicholls-Smith, who joined Deutsche in 2013, currently oversees wealth management operations in the UK and southern Europe. She previously spent four years at Lloyds Banking Group. In this newly-created, global role, she will be based in London. Her successor, Bilal, also based in London, has been head of compliance for the bank's UK wealth management business since 2012, according to her LinkedIn profile. Before joining the German lender, she worked in compliance advisory at Barclays Wealth.

Atlas Private Wealth Management, the North Adams, MA-based RIA, made three hires across its offices in Vermont, New York and Massachusetts. Christopher Aiello joined Atlas as a vice president and wealth management advisor in the Manchester Center, Vermont, office. He previously worked at TD Bank, Wells Fargo Private Bank, Ayco Company, a Goldman Sachs company, and PwC.

Meanwhile, Brendan Walsh is a senior tax and financial planning advisor in Albany, NY. He has over 16 years of experience working with clients in the areas of tax compliance and financial planning. Lastly, Joseph Kroboth joined as an associate advisor in North Adams. Kroboth started his career in the financial services industry over 20 years ago, working at Morgan Stanley Dean Witter, First Albany Corporation and First Union Securities.

There was change at the top of Oppenheimer & Co's private client services unit, involving a departure and two senior appointments. Senior vice president Tom Fritzlen, a 30-year veteran of the firm, is retiring and being replaced by Jim Lowe. Meanwhile, Mark Trafford and Todd Wiggins were appointed as branch managers of the Seattle, WA, and Atlanta, GA, branches, respectively.

Lowe, who took on Fritzlen's responsibilities as part of the senior private client management team, has held executive roles at numerous wealth management firms. Most recently, he was a branch manager at Oppenheimer's lower Manhattan branch, while also managing an investment advisory practice, the firm said. He was also previously an executive director at Josephthal & Co, where he oversaw operations at 14 offices.

As branch managers, Trafford and Wiggins will be responsible for recruitment-related efforts, as well as helping manage day-to-day operations and guiding financial advisors in their respective locations. In Atlanta, Wiggins replaced Gordon Morse, who the firm confirmed decided to leave after 31 years of service; Trafford was hired from Wells Fargo to take Walker’s place managing the Seattle branch, so that Lowe can manage Oppenheimer’s Bellevue, WA, complex. Trafford began his career at Dain Bosworth and then moved to Morgan Stanley in 1999. He joined Wells Fargo in 2012, where he managed the Kirkland/Issaquah complex before jumping ship to Wells Fargo Advisors. Wiggins, meanwhile, previously held leadership positions at firms including Morgan Stanley, Smith Barney, Marquis Investments and, most recently, UBS Financial Services.

Salvatore Sodano took on the newly-created role of vice chairman at Broadridge Financial Solutions, while Stephen Scruton was promoted to president of Advisor Solutions, a business unit within the firm. Sodano is tasked with integrating wealth management assets and for setting “standards of operational and service excellence,” Broadridge said. Scruton, meanwhile, will oversee revenue and product management activities.

Sodano was previously chairman and chief executive at American Stock Exchange, as well as chief operating officer and vice chairman of the National Association of Securities Dealers (then NASDAQ's stock market parent). He will continue as an independent director and vice chairman of the board at Associated Capital Group, as well as vice chairman of the board at Gabelli Securities. Scruton, previously a vice president and general manager, was previously founder of Direxxis, which was acquired by Broadridge in March 2015. Prior to Direxxis, he was founder of Marketing Information & Technology, which was acquired by Lexis Nexis.

Spearhead Capital Advisors, which serves ultra-wealthy investors, recruited Tim Troutman as chief operating officer. Troutman has worked at a number of well-known firms such as Tiedemann Wealth Management and JP Morgan Private Bank. He worked at the former from 2002-2010, helping to establish its presence in Palm Beach, FL, while overseeing family office operations. As COO at Spearhead, Troutman will oversee aspects of the firm's recently-launched “advanced wealth planning” service model, including balance sheet and cash flow reporting for the firm’s ultra high net worth and family office clients. He will also have operational oversight of the firm and its turnkey asset management solutions.

AlphaCore Capital has logged a rise in demand for alternative allocations from independent advisors, particularly among those with ultra-wealthy clients, and so expanded its team accordingly. Brett Upper joined the La Jolla, CA, based firm as a senior investment advisor from Nautical Wealth Management, while Dirk Harris was promoted to managing director of the private client group.

Atlantic Trust, the US private wealth management division of CIBC, brought in Halsey Schreier as a vice president and wealth strategist in New York. Since January 2016, the New York office has added two team members and now has a total of 38 wealth management professionals, the firm said. It added that it has made nearly 40 hires across the US over the past year, including nine in senior business development, relationship management, investment and wealth strategies roles.

Prior to joining Atlantic Trust, Schreier was an associate at Smith Moore Leatherwood in Charleston, SC. In that role, he worked in wealth management, taxation, trusts and estates, trusts and estate administration, trusts and estates litigation, mergers and acquisitions, and corporate law.

SunTrust Private Wealth Management made a senior appointment in the Sunshine State. Victoria Rixon joined SunTrust Private Wealth Management as division executive covering south Florida - a new role at the firm. Rixon brings more than 30 years of financial services experience to SunTrust, the last 18 years of which she spent in private banking. She joined from JP Morgan, where she managed the firm's private wealth management business spanning Miami to Jacksonville (excluding Orlando) since 2010.

Noyes, the wealth management and investment banking firm, added Scott Schmidt to its Elgin, IL-based wealth management group. Schmidt was previously an investment executive at Firth Third Securities, and will continue as founding partner at Schmidt & Lerner, a law firm specializing in estate planning. Schmidt began his career in 2007 as an associate attorney at the law firm O’Connell, Tivin, Miller & Burns in Chicago, IL. In 2011, he joined Meritus Financial Group and in 2014 moved to Fifth Third Securities.

Fiduciary Trust Company International, a global investment manager and wholly-owned subsidiary of Franklin Resources, recruited Hank Murphy as a managing director and portfolio manager. Murphy is responsible for investment manager research, selection and monitoring, based in the firm’s New York City headquarters. He joined Fiduciary Trust with over 25 years of experience in alternative investments.
Most recently, he was a partner and director of investor relations and business development at SLS Capital, a New York-based hedge fund. He has also held senior roles at Investcorp International, where he founded and managed Investcorp’s hedge fund seeding platform, as well as Tiger Management and Cambridge Associates.

US Trust made nine hires across eight states, recruiting from firms including JP Morgan, Morgan Stanley and Fifth Third Private Bank. In Stamford, CT, Kirsten Blouin joined as a senior trust officer from Day Pitney, where she was a trust and estate attorney. Scott Logie also joined the Stamford branch as a private client advisor. Logie was previously a senior relationship manager at Carlson Capital.

In the Sunshine State, Jamie Andersen was appointed as a private client advisor in Naples. Andersen was previously executive director of Florida’s Southern Gulf Chapter for the Red Cross and before that an executive director at JP Morgan Private Bank. Meanwhile, in Illinois, Josephine Calderon joined the Northbrook office as a senior trust officer. She previously held the same role at Fifth Third Private Bank.
Continuing the hires, James Johnson joined the Saint Louis, MO, branch as a private client advisor, moving from Thomson Reuters Eikon, where he was a market specialist. Kurt Ryden was appointed as a private client advisor in the Big Apple, having previously been a private banker at JP Morgan.

In the Lone Star state, Todd Roesch joined the Dallas office as a private client advisor. He previously worked at Barclays Capital as director of institutional sales. Abraham Dairi also joined the Seattle, WA, office as a private client advisor. He was previously a private banker at Union Bank.

Lastly, Richard Barron joined the Washington, DC, office, also as a private client advisor. He previously held the same role at SunTrust Investment Services and before that was an assistant branch manager at Morgan Stanley and worked at Deutsche Banc Alex. Brown as a financial advisor.

Following on from several other recent hires at the firm, BNY Mellon brought in Jeff Jagard as a senior wealth director in Los Angeles, CA. Jagard was previously a managing partner at JDW Associates, and a vice president at Sanford Bernstein. In those roles, he served high net worth families, trust, retirement plans and foundations. In his new role at BNY Mellon, he will report to Christopher Mone, president of the Los Angeles region.

Jeanne Goussev became managing director of fiduciary services at Laird Norton Wealth Management, succeeding Barbara Potter, who is retiring after nearly 30 years at the firm. Goussev joined from Threshold Group in Seattle, WA, where she was managing director of client service and a member of the firm’s executive committee. Previously, she was a vice president and client advisor at Whittier Trust Company, and a senior trust officer at US Trust.

Citizens Bank named Frank Drago as president of Citizens Securities and head of Citizens Investment Services. Drago, who was previously director of investment sales at Citizens Investment Services, now reports to John Bahnken, head of Citizens Wealth Management. Drago joined Citizens in April 2013 from Citi Personal Wealth Management, having previously held senior roles at Smith Barney and Citicorp Investment Services.

GenSpring Family Offices hired Christopher Facka as its new managing director covering the eastern region of Florida. Facka, who the firm confirmed replaced Carlos Carreño, is tasked with growing the business and serving families throughout eastern and southeast Florida.

GenSpring's Florida-East region serves clients across Jupiter, Palm Beach and Miami. Carreño took on the role in November last year, having joined from SunTrust Private Wealth Management, where led the international wealth management division, but has since taken a position outside the company. Facka was formerly a senior wealth director at BNY Mellon. He spent the bulk of his career at Wells Fargo Advisors, however, where managed teams in a range of locations spanning New York City to West Palm Beach, FL.

BNY Mellon brought in Margaret Franklin as head of wealth management advisory services in Toronto, Canada. Franklin will officially join the firm on July 11 and report to BNY Mellon Wealth Management’s executive director of international wealth management, Erich Smith. She was most recently president at Marret Private Wealth and chief operating officer at Marret Asset Management, a credit and hedge fund asset manager with about $4 billion in assets under management in Toronto.

During her six-year tenure there, she oversaw all aspects of the private wealth business, including strategy and positioning, regulation, client oversights, recruitment and personnel management. Earlier, Franklin was a partner at KJ Harrison & Partners, a boutique private client investment management firm founded in 2002. She has also spent time at Barclays Global Investors, Mercer and State Street Global Advisors.Family Wealth Report understands that Franklin is taking the reigns from Smith as head of the Toronto office, who currently serves as interim president.

BDO USA, the professional services firm, named Jeffrey Kane as national managing partner of its private client arm. Kane, who previously led the firm’s national tax office, has more than 40 years of experience providing tax and financial consulting services to high net worth individuals.  

Calamos Investments, global investment management firm, appointed Thomas Herman as chief financial officer, effective June 30. Herman will replace Nimish Bhatt, who will be stepping down in July. With more than 25 years of investment management experience, he joins Calamos from Harris Associates, where he was CFO and treasurer for the past six years. Previously, from 2004 to 2010, he was a senior vice president, CFO and treasurer at Ariel Investments.  

Former BlackRock director Kim Mickelson joined RBC Wealth Management as head of the firm’s US retirement and fund solutions group. Mickelson will oversee product management teams covering mutual funds, ETFs, closed-end funds, 529s, annuities, IRAs and other individual and institutional retirement solutions. She replaced Megan Gorman.

At BlackRock, she served as a director in the US wealth advisory group, working with wholesalers, national account managers and wirehouse executives. She was also a national speaker on topics such as retirement planning, Social Security strategies, and women and wealth. Earlier, she worked at Ameriprise Financial as a vice president of financial planning and product management.

Terry Dolan, vice chairman of wealth management and securities services at US Bancorp, was appointed as vice chairman and chief financial officer at the firm, effective August 1. The announcement followed Kathy Rogers' decision to step down from that role. Rogers will stay at the company in her previous role as head of the stress test process. Dolan, who has worked at the firm for 18 years, will report to Richard Davis, chairman and chief executive. The process to identify Dolan’s replacement for wealth management and securities services is underway, US Bancorp said.

The Rudin Group, a wealth and financial services marketing firm, linked up with Sharon McEvoy, a marketing expert specializing in the high net worth space. McEvoy has around 15 years of experience of industry experience, having worked at firms including Fortigent, where she was director of marketing and sales.

S&T Bank brought in Gregory Lefever as executive vice president and managing director of its wealth management business. In his new role, Lefever will oversee S&T Wealth Management, which includes trust, financial services and Stewart Capital Advisors. He has around 30 years of expertise in the financial services industry, specializing in trust and investment management. Before joining S&T, he was a wealth management director at a regional financial institution.

Artivest, a provider of alternative investment funds, recruited Clayton Cheek as director of business development. Cheek was previously senior vice president of marketing at Chesapeake Capital Corporation. Before that, he worked at Onex Credit Partners, where he was responsible for the capital raising of the company’s event-driven credit strategy. He has also held a number of roles in sales and client development across the hedge fund space, Artivest said.

RBC Wealth Management recruited a team of financial advisors in Pueblo, CO, where Jeri Larrinaga serves as director. The Gryphon Group is comprised of Jim Murray and Ryan Griego, along with senior registered client associates Desiree Jara and Kimberly Ritchie. They joined from Morgan Stanley with approximately $238 million in assets under management.

RBC Wealth Management hired Sanya Mulhern as a senior vice president and financial advisor in Palm Desert, CA. Mulhern joined from Merrill Lynch, with 12 years of industry experience and over $150 million in assets under management. Before entering the financial services arena, she spent eight years in the US Army Reserves as a Russian linguist in the intelligence arena. She joined RBC with Courtney Taylor, a senior registered client associate.  

HighTower welcomed its first team in St Louis, MO, in a strategic partnership with Archer Wealth Management. Launched in 1983, the team oversees approximately $400 million in assets and was founded by Barbara Archer, who joins HighTower as a managing director and partner. Archer will lead the expansion of the newly-branded HighTower St Louis, which serves wealthy families, executives, professionals and business owners. In addition to Archer, the team includes: Mark Schweiss, business director; Karen Meers, manager of client service; Patty McClain, financial planning analyst; and Debby Wicks, executive assistant.

Richard Wilson, previously chief executive of BMO Global Asset Management in the EMEA region, was appointed as CEO and chief investment officer of the company. Rajiv Silgardo, currently co-CEO at BMO Global Asset Management, decided to retire from the bank, with effect from August.

Wilson was appointed as CEO of F&C on January 1, 2013, before its acquisition by BMO Financial Group. Before becoming CEO, he held several senior roles at F&C, including head of equities and head of investment and institutional. He began his asset management career in 1988 as a UK equity manager at HSBC Asset Management (formerly Midland Montagu). In 1993, he moved to Deutsche Asset Management (formerly Morgan Grenfell) and then joined Gartmore Investment Management in 2003 before joining BMO in 2004.

Citizens Bank named John Tyers as president of its private banking division. Tyers joined the firm from Lombard International and previously held executive leadership roles at firms including Bank of America/Merrill Lynch, Bear Stearns, Credit Suisse First Boston and Charles Schwab. It is unclear if Tyers replaced anyone in this role.

Foundation Source, which provides management and advisory services for private foundations, named Joseph Fuschillo as chief distribution officer. Fuschillo was previously a managing partner at Devereux Advisors, a consultancy for investment managers and wealth management organizations. Before that, he held client-facing, sales management and other senior leadership roles at UBS, Prudential Financial and Dreyfus Corporation.

BNY Mellon brought in Jasmine Yu as director of manager research and monitoring in New York - a new role within the firm's wealth management division. Yu will report to Patrick Crowe, national director of investment solutions. She has around 15 years of investment experience, having most recently been head of global fixed income due diligence and senior portfolio management team leader at Bank of America Merrill Lynch. Before that, Yu was a senior investment analyst at Abu Dhabi Investment Council, a sovereign wealth fund in the Middle East. Earlier in her career, she has held similar roles at Franklin Templeton Investments and Northern Trust Global Advisors.

Janney Montgomery Scott promoted Jeffrey Smith to head of recruitment and business development for its private client group. Smith, who was previously a complex manager in Janney's Washington, DC, office, will relocate to the firm’s Philadelphia, PA, headquarters this summer. This is a new role. He joined Janney in late 2012 as complex manager for the National Capital Area, spanning offices in Washington, DC, and Alexandria, VA. His experience also includes time spent as branch manager at Morgan Stanley Smith Barney, director of sales at Legg Mason, and, later, overseeing the unification of the Smith Barney branch with Morgan Stanley.

Eric Grasinger joined Glenmede, the investment and wealth management firm, as a relationship and portfolio manager in New York. Grasinger has worked in the industry for around 15 years, having most recently been a portfolio manager and special situations equity research analyst at US Trust. Earlier, he worked in equity research at Credit Suisse and Gabelli Asset Management.

New York-based Sadis & Goldberg named Yehuda Braunstein as head of its family office group, which serves both domestic and international clients. Braunstein, currently a partner in the firm's financial services and corporate groups, will continue to advise private funds, managers and investors within the private funds industry. It is unclear if this is a new role or if he replaced anyone.

HighTower's New York office continued to grow with the addition of LRG Wealth Advisors, led by managing director LaRue Gibson. The team oversees around $300 million in assets and moved from Merrill Lynch. Before joining HighTower, Gibson spent nearly 30 years at Merrill Lynch, where he began his financial services career in a sales role and then became senior vice president of investments.

Other members of the LRG Wealth Advisors team include: Kevin Jackson, senior relationship manager; Naintara Ramoo-Goodgame, relationship manager; LeAnn Yee, senior analyst; Kemnjika Jamil Ohayia, analyst; and Amanda Green, senior client associate. They serve individuals, closely-held businesses and non-profit institutions.

The former president of Denver Investments is to join Ascent Private Capital Management, part of US Bank, on June 14 as regional managing director of the Denver, CO, office. Zimmerman will lead Ascent’s team of professionals in Denver, who work with families with an average net worth of around $440 million. He replaces Paul Ferguson.

In his previous role, Zimmerman was responsible for the overall strategic direction of the firm, which has approximately $8 billion in assets under management. Before that, he was a managing director at Northern Lights Capital Group, which provides capital and resources to boutiques in the asset management industry. He also held executive roles at Janus Capital Group and Bank of America Capital Management.

Continuing a number of hires in recent weeks, BNY Mellon appointed David Stanley as a senior wealth director in Seattle, WA. BNY Mellon Wealth Management emphasized that its Seattle office has “contributed significantly” to the strong growth of the firm’s western US region.

Stanley, who reports to regional president Jim Barnyak, previously worked at Cornerstone Advisors. He spent over 10 years as managing director of client management at the firm, overseeing wealth and investment planning for high net worth individuals. Before joining Cornerstone, he was a partner on the wealth advisor team at Morgan Stanley, spending five years in the firm’s San Francisco office, and another five in Boston.

Former EY wealth program head Christopher Hetner was appointed as senior advisor to the chair for SEC's cybersecurity policy, Mary Jo White. In this role, Hetner will coordinate efforts across the agency as they relate to cybersecurity, as well as engage with external stakeholders. He currently leads cybersecurity for the technology control program within the SEC’s office of compliance inspections and examinations.  

Hetner joined the SEC in 2015 from EY where, from November 2012 to January 2015, he led the firm's wealth and asset management sector cybersecurity practice. Before that, he was chief information security officer at GE Capital, responsible for the global cybersecurity program. He worked at GE from July 2008 to October 2012 and, before that, implemented information security and regulatory compliance programs for Citigroup’s institutional client group global business and technology units.

Atlanta, GA-based GV Financial Advisors, which describes itself as a behavioral wealth management firm, welcomed Sergio De La Torre as a senior financial advisor. De La Torre has spent the majority of his decade-long career at Fidelity Investments - most recently as a vice president and senior financial consultant in its private client group.

Hal Webb decided to end his partnership at Cantor & Webb, the law firm for international private clients, with effect from June 9. Webb will continue his practice at the law firm Bilzin Sumberg as head of international private client services. Legal and tax planning matters for The Cantor Group will continue to be managed under the direction of Steven Cantor, Kathryn von Matthiessen or Sarah Sindledecker. Tax compliance matters will continue to be managed under the direction of Arthur Dichter.

BNY Mellon recruited former Northern Trust man Andy Chong as a senior wealth manager in Los Angeles, CA. Chong will report to Christopher Mone, president of the Los Angeles region. He was previously a senior portfolio manager and senior investment officer at Northern Trust.

Elizabeth Kolshak joined Brown Brothers Harriman's private banking group as a relationship manager in Chicago, IL. Kolshak will serve as the point person for BBH’s high net worth clients, focusing on business development, client service and portfolio management. She joined from JP Morgan Private Bank, where she advised UHNW individuals and families on investments, philanthropy and wealth planning strategies. Before that she worked in Washington, DC, on Capitol Hill and at the Treasury Department. She began her career as a legislative assistant at the UPS Corporate Public Affairs office in Washington.
Noyes, the wealth management and investment banking firm, welcomed Andy Blackwell as a wealth advisor in Indianapolis. Blackwell was previously a senior vice president at Raymond James Financial, responsible for a range of investment services and strategies.