BNY Mellon has expanded its Tampa team in Florida, hiring Susan Kubar and Scott Givens.

Kubar joins as vice president, senior fiduciary officer and Givens joins as senior director, portfolio management.

Kubar was latterly a family wealth advisor at GenSpring Family Offices, where she worked for five years on cash flow and liquidity analysis, credit and banking needs, and tax and estate planning.

Givens joins BNY Mellon from Raymond James Trust, where he was a portfolio manager in the firm’s private wealth division. Before that, he worked at Bank of America for 30 years.

“Since we opened our Tampa office in 2008, our business has experienced double-digit growth every year,” said regional director Ray Ifert.

The Sunshine State is known as a magnet for wealthy retirees, as well as being a hub for many firms’ Latin American client businesses.

Last October BNY Mellon hired C Ray Sidwell as a family wealth advisor for investment management, also based in Tampa. Sidwell had also previously worked at GenSpring.

"In less than three years since opening the Tampa office, we've grown our assets under management in the Tampa and Sarasota region from zero to nearly 10 per cent of BNY Mellon Wealth Management assets in all of Florida," Craig Sutherland, the president of the Southeast region, said at the time.