Pohlad will direct Rothschild's business development efforts as it expands in Minneapolis, which the firm said is one if its most important markets.

In his former position as co-founder and managing director of Marquette Asset Management, Pohlad helped the firm grow from start-up to a $1.1 billion wealth management firm.

Rothschild Capital Partners, is a privately-held investment management firm with offices in New York, Baltimore, MD, and Minneapolis, MN. The firm has more than $250 million in client assets.