A former City National Bank private client managing director has joined the high net worth investment advisor in the Sunshine State.

Gonzalo Acevedo has been appointed as a managing director of Bernstein’s Miami, FL, office - a role in which he will lead a team of advisors and be responsible for business growth in the region.

Acevedo was previously a managing director of City National Bank’s private client group and before that a regional manager at HSBC Private Bank. He has over 20 years of experience in the private banking and investment management arenas.

Bernstein is an investment advisor to high net worth families and institutions, trusts, estates, foundations, endowments and pension plans.

At the end of June, the firm named Don Braun as director of its private wealth office in Philadelphia, PA, where he was previously a principal.