Family Office
Deutsche names new head of private-wealth sales

Mitch Higgins to coordinate private-wealth product sales across
biz lines. Mitchell Higgins, formerly of Legg Mason and
Citigroup, will join Deutsche Bank as a managing director and
head of sales for its U.S. Private Wealth Management (PWM) group.
He reports to PWM head Thomas Bowers.
"Seamlessly delivering client solutions across investments,
capital markets, trust, banking and a structured lending platform
requires strong teamwork and organizational coordination," says
Bowers. "Mitch will play an important leadership role in
coordinating the sales process for [Deutsche's private-banking
business] and the private-client services business of X DB Alex.
Brown."
Alex. Brown too
Higgins will be responsible for coordinating the sales process of
PWM products across all business lines, working with product
management and investment solutions, as well as Deutsche Bank
Alex. Brown and Deutsche's private-bank management.
Higgins joins PWM from Legg Mason, where he was responsible for
distribution to third party private banks. Prior to that, he was
responsible for national proprietary investment sales for
Citigroup Private Bank in the U.S. During his tenure at Citi, he
also held the role of senior v.p. and senior investment officer
of Citigroup's trust business. He was also a founding member of
the alternative investments group at Citigroup subsididary Smith
Barney. Before that, Higgins was a relationship manager at U.S.
Trust.
Deutsche's PWM provides U.S.-based high-net-worth clients with
investments, risk-management strategies, credit, trust and estate
services, wealth-transfer and philanthrophic planning and
family-office services. Headquartered in New York, it has offices
in San Francisco, Los Angeles, Orange Co., Calif., Chicago,
Greenwich, Conn., Boston and Palm Beach, Fla. -FWR
.