Deutsche Bank Alex. Brown, the US Private Client Services division of Deutsche Bank Securities and Deutsche Bank Private Wealth Management h...

Deutsche Bank Alex. Brown, the US Private Client Services division of Deutsche Bank Securities and Deutsche Bank Private Wealth Management has appointed Rick Faby as a managing director and regional executive in Baltimore.

Mr Faby joins from Morgan Stanley, where he was a senior vice president, head of the Baltimore operation, and helped launch the firm’s North Baltimore office and five others.

Mr Faby will report to Michael Burke, managing director and head of US Private Client Services.
He succeeds Bill Baird, who has been appointed to head up the Branch Supervisory Organisation.

“Baltimore continues to be a rapidly growing market for high-net-worth and ultra-high-net worth clients and is an important region for us,” said Thomas Bowers, head of the US Private Wealth Management Division.