Smith Barney, the New York-based brokerage unit of Citigroup Global Wealth Management Investments, made an internal hire to replace former director of Investment Advisory Services, Paul Hatch, who was recently named head of Global Wealth Management Investments.

The firm named James Tracy, director of Investment Advisory Services. In this role he will be in charge of business units including the Consulting Group, Portfolio Management Group, Smith Barney Adviser and Citi Institutional Consulting. He will report to Mr. Hatch.

Previously Mr Tracy was director of the Consulting Group, an investment management consulting unit of the brokerage firm servicing institutional and individual clients.

Prior to that, he was director of Smith Barney’s Great Lakes region.

Global Wealth Management Investments is a business of Citigroup and comprises the Citi Private Bank, Citi Investment Research and Citi Smith Barney.