Here is a summary of people moves in the Americas throughout the month of June 2014.

Peapack-Gladstone Bank appointed James Caulfield as senior managing director and trust officer within its wealth management practice.

Caulfield, who will be a part of the bank's new private banking team in Princeton, NJ, has worked in the financial services industry for 40 years, most recently as senior vice president and senior trust officer at Bank of America’s US Trust. Previously, he was senior vice president at CoreStates/New Jersey National Bank/Wells Fargo.

The founder of California-based Windhaven Investment Management, an investment advisory firm and subsidiary of Charles Schwab, is leaving for "personal reasons.”

Meanwhile, the firm appointed Liz Sonders as a member of its investment management team and chair of its investment committee. Sonders has been an active member of Windhaven's advisory board since shortly after Schwab’s acquisition of the firm three years ago and also serves as chief investment strategist for Charles Schwab.

Prior to joining Schwab in 2002, Sonders was a managing director at US Trust and a member of its investment policy committee. Before US Trust, she worked at Avatar Associates as a managing director and senior portfolio manager.

Ron Jahnke was hired as vice president of private banking at Associated Bank, becoming a member of the firm's private client and institutional services team.

Jahnke has 22 years of leadership experience in the financial industry and was most recently a vice president within US Bank’s private client group.

Raymond James recruited financial advisors Justin Adams and his father, Stephen Adams, to join the existing San Francisco, CA, office of Raymond James & Associates, the traditional employee broker-dealer of Raymond James Financial.

Justin and Stephen Adams, both senior vice presidents of investments, were joined by registered service associate Carol Hines. They joined from Sterne Agee, where they managed more than $200 million in client assets and had annual fees and commissions of more than $1.1 million.

Justin began his financial services career in 2000 with Dean Witter and then joined his father at Van Kasper & Co, which was acquired by Wells Fargo. In 2004, they joined Nollenberger Capital Partners, which was acquired by Sterne Agee in 2011.

With over 40 years of experience, Stephen began his financial career with Shearson Hammill then opened the first West Coast branch for Loeb/Rhoades. He later helped found Van Kasper & Co and in 2004 moved with Justin to Nollenberger/Sterne Agee. Over the years, he has held several leadership roles in securities industry associations.

Richard Gayton, a global wealth manager and registered investment advisor, launched Lakeside Virtual Family Office.

Virtual family offices allow various experts to provide a “holistic” service through a single platform but not in the same physical location. While family offices are not a new concept, virtual family offices are “very new,” said Gayton, chief executive of LVFO.

Gayton has spent nearly 30 years working on Wall Street providing financial advice for high net worth clients working in senior roles at UBS, Merrill Lynch and Oppenheimer & Co.

Located in Toluca Lake, CA, LVFO is an investment practice comprised of a virtual team of advisors who coordinate the affairs of ultra high net worth individuals, families and foundations with over $25 million in assets under management.

LVFO – which is particularly focused on tax efficient strategies of liquid assets - provides estate, real estate, financial services, and financial oversight of all investments.

Greenwich, CT-headquartered Fieldpoint Private, the wealth advisory and private banking firm serving ultra high net worth families and institutions, hired Thomas Haug as a managing director and senior advisor in New York City.

Haug previously worked at First Republic, covering areas such as wealth management, trust, banking, and lending to clients including family offices, hedge funds, private equity and venture capital firms. He began his private banking career at North Fork Bank.

Raymond James recruited financial advisors James M Pucci, Jason Pucci and James C Pucci (Jamie) in Goshen, NY, from Stifel Nicolaus, the St Louis, MO-based broker-dealer.

The trio has a combined 78 years of industry experience and operates as the Pucci Financial Group of Raymond James.

At Stifel, they managed nearly $200 million in client assets and logged about $3.1 million in annual fees and commissions.

Joining the Pucci advisors were marketing associate Jennifer Pucci and senior registered sales associate Diane Nikeshin.

James M Pucci has been in the industry for more than 46 years, beginning his career as a broker at Loeb, Rhoades & Co and subsequently working at firms including Shearson Lehman Brothers, Advest, Merrill Lynch and Stifel.

His sons Jason, senior vice president of investments, and Jamie, senior investment management specialist, have worked in the financial services business their whole lives; they joined their father’s team at Advest in 1992 and 2002, respectively.

Northern Trust Asset Management created a new global position dedicated to environmental, social and governance investing.

The decision to appoint Mamadou-Abou Sarr as global head of ESG investing addresses the increasing demand for responsible investment strategies in markets worldwide. In this role, Sarr will lead ESG innovation and product development across a range of asset classes, with a focus on expanding into new opportunities for growth in the global institutional and wealth management markets.

Sarr was previously the senior product specialist for global index management at Northern Trust. As global head of ESG, he will work with the CSR practice, which is led by Connie Lindsey, head of corporate social responsibility and global diversity and inclusion. He will be based in Abu Dhabi and report to Wayne Bowers, head of asset management for EMEA and Asia-Pacific.

JDJ Family Office Services became the second group to spin off from Rothstein Kass, following in the footsteps of former family office principals at Rothstein Kass who left a fortnight ago to create Flynn Family Office.

Boston, MA-based JDJ Family Office Services kept its 21-strong team, offering administrative multi-family office and personal chief financial officer services to high net worth individuals and families.

Both spin-offs came shortly after the acquisition of Rothstein Kass by accountancy firm KPMG, which was set to keep most of the former’s principals and employees.

JDJ Family Office Services joined Rothstein Kass in 2012 after its foundation in 2001. The team helped increase Rothstein Kass’ Boston office client base by 13 per cent and gross revenue by 33 per cent last year.

JDJ provides personal accounting and net worth reporting, budgeting and cash-flow planning, balance sheet Management, bill paying, trust and estate administration, tax planning and preparation assistance, risk management and lifestyle management.

Oppenheimer & Co, the US investment house, appointed Lucila Broide as director and head of Latin American sovereign credit research, having previously worked at Fitch Ratings, the international ratings agency. Before that role, she worked at Bank of America Merrill Lynch as a vice president and strategist for its global emerging markets equity strategy and Latin American economics and fixed income strategies.
It was unclear if the role was a newly created one, or a replacement.

Her new role involves a specific focus on Caribbean and Central America. She will report to Hoai Ngo and Colleen burns, co-heads of fixed income research.

Atlantic Trust, the US private wealth management division of CIBC, added Amanda Marsted to the firm's New York office as managing director and senior relationship manager.

Marsted's primary areas of focus are on providing asset allocation and investment strategies for clients in the areas of tax, estate and charitable planning priorities.

She has 19 years of experience in the industry and joins from Brown Brothers Harriman & Co, where she managed assets for high net worth individuals. She has also worked as an equity analyst at New Frontier Capital and Federated Global Investment Management.

LPL Financial, the US independent broker-dealer and RIA custodian, is to establish new regional headquarters in Fort Mill, SC, and plans to add some 3,000 new jobs in the state in the coming years.

The Charlotte area has been designated by LPL Financial as its primary destination for job growth during the next five years; the firm plans to invest at least $150 million in the region by December 31, 2022. Construction will begin in 2015 with completion expected in the fall of 2016. The firm currently employs around 1,000 in three buildings across West Charlotte, NC.

Earlier this year, LPL opened its new regional San Diego, CA, headquarters, which it said is believed to be the “largest net-zero energy commercial office building in the US.” In other significant developments at the firm, at the start of June LPL created roles for two senior executives - Mimi Bock and Ryan Parker - as part of a “strategic shift” that has resulted in the elimination of the chief marketing position.

Most of the firm's existing marketing functions and all of its training teams will transition to the new client experience and training group, it said in a statement. Joan Khoury, currently chief marketing officer, will be leaving the company at the end of August.

Atlanta, GA-headquartered SunTrust Banks established a medical specialty group of financial advisors with expertise in working with independent medical practices, owners, physicians and their families.

The medical specialty group is one of six other SunTrust units dedicated to clients with specific needs including: sports and entertainment; legal; business owners; international clients; corporate executives; and family wealth management.

Services offered through the new group include: investment management; commercial loans; commercial mortgages; financial planning; trust and estate administration; insurance planning; treasury and payment solutions; and personal banking, among others.

Three former Raymond James (legacy Morgan Keegan) financial advisors joined Stifel Financial’s broker-dealer subsidiary, Stifel, Nicolaus & Co, setting up a private client group office in Atlanta, GA.

Joining Stifel were Richard McGalliard, senior vice president of investments and branch manager; John McHale, senior vice president of investments; and Ryan Stewart, senior vice president of investments. Additionally, senior vice president of investments Robert Chanin, a 34-year investment industry veteran currently based in Stifel’s officein Macon, GA, will split his time between Atlanta and Macon, GA.

Combined, the four advisors are responsible for more than $490 million in client assets.

The new office will also consolidate the firm’s existing Atlanta-based equity research, institutional equity sales and public finance associates, as well as professionals from Stifel’s Keefe, Bruyette & Woods subsidiary. A total of 26 associates will be based at the new location.

Baird added two financial advisors to its private wealth management group from RBC in Denver, CO, and San Francisco, CA.

Together the advisors’ assets under management total approximately $230 million.

Monty Reedy was named a director and financial advisor in San Francisco with $130 million in AuM and $1.2 million in production while Michael Gegen - a senior vice president and financial advisor in Denver - joined with $100 million in AuM and a production of $800,000.

Baird said it has added more than 325 financial advisors and branch managers to its private wealth management group since the beginning of 2009.

Cantor Fitzgerald Wealth Partners, an affiliate of Cantor Fitzgerald & Co, named former Merrill Lynch executive Scott Hotham as executive vice president and head of US private wealth management sales.

Hotham will be responsible for growing the wealth management business and building out the infrastructure of the firm’s platform. Working in Charlotte, NC, and New York, he will report to Stan Gregor, chief executive of Cantor Fitzgerald Wealth Partners.

Hotham most recently served as managing director and head of institutional client solutions and strategy at the firm. Before that, he was managing director of the South Atlantic region for Merrill Lynch, where he oversaw 1,400 employees in 65 offices across six states.

CFWP is certainly in expansion mode; in February, for example, it acquired Pennsylvania-based First Commonwealth Financial Advisors and then appointed Jeff Schulte and Jim Hiles as financial advisors in New York. More recently, in April the firm linked up with Santa Monica, CA-based Wilshire Funds Management, the global investment management business, and also hired Bob Serhus as chief investment officer. The wealth management business as a whole (including asset management) has made four acquisitions since last September.

The chief executive of Barclays’ wealth and investment arm, Peter Horrell, is leaving after a 23-year career at the bank. The announcement is in the wake of a move by the UK-listed firm to radically re-shape its corporate structure, this publication understands. Performance of the unit has been robust recently.

It is understood that Horrell decided that the decision, announced in May, to reshape the bank into four divisions, with the wealth and investment unit no longer a stand-alone entity, was a trigger for him to consider his future career. He remains at Barclays until the end of the year; the bank said in a statement that it is seeking a replacement.

Horrell has held the CEO role in a full-time capacity since last September, having been made interim chief executive of the unit last May. The bank as a whole has been through a series of dramatic – and at times turbulent – changes, what with former group CEO Bob Diamond resigning in 2012 in the wake of the LIBOR rate-rigging scandal. Horrell’s predecessor had been Tom Kalaris, who had been at the firm since 1996.

The wealth arm of Barclays is now part of the Personal and Corporate Banking Division. Following a media report suggesting that the role of the wealth business had been downgraded, the bank told this publication that the wealth and investment management business strategy “remains unchanged” and said performance of this business has been robust, particularly when the cost impact of restructuring is removed from the numbers.

Deutsche Asset & Wealth Management hired four regional vice presidents to support the growth of its US exchange-traded products platform in the US Western region. The team reports to Mick McLaughlin, head of passive distribution in the Americas.

Sean Edkins, who will focus on the Southern California market, was previously a regional vice president at ProFunds covering Southern California and the greater Southwest region. He has over 25 years of experience in the industry, 15 of which he focused on exchange-traded funds.

Meanwhile, Lance Allen will work in the Pacific Northwest region. He was latterly a regional vice president at First Trust Portfolios, where he spent nine years covering ETFs.

Jeff Brainard is focused on the Southwest territory. Prior to DeAWM, he spent over 15 years at ALPS Distributors - most recently as vice president.

Lastly, Jack Fowler will concentrate on the San Francisco Metro Area, having most recently been a vice president in the business development group at iShares.

The expansion of the passive distribution team is part of DeAWM’s latest push to boost its product offerings, increase outreach to investors and continue to expand its market share in the Americas. For example, Dodd Kittsley recently joined as head of ETP strategy in the Americas. In addition, DeAWM recently launched several products including the first ETF to provide broad access to the available Chinese equity market.

Mike Bitterly was named head of affluent segment and strategy at Merrill Lynch in New York, replacing Ted Durkin who was appointed as director for the Delaware Main Line complex.

Merrill's affluent unit serves those with between $250,000 and $10 million. Bitterly will be focused on strategy and on implementing the firm's client experience standard across its advisor population.

Bitterly returned to Merrill after announcing his retirement in October 2013 as managing director and global head of BlackRock’s wealth management business. In his new role he reports to Riley Etheridge, head of client segments and advisor development.

Bitterly has 28 years of experience working at Merrill Lynch and BlackRock; he has held numerous leadership roles at Merrill Lynch Global Wealth Management, Merrill Lynch Investment Managers and, more recently, BlackRock.

He began his career in 1987 as a Merrill Lynch financial advisor and later entered the firm’s management development program in 1996, going on to join MLIM as head of global sales in 2002. After MLIM merged into BlackRock in 2006, Bitterly was named global head of the wealth management business.

Wells Fargo Advisors hired five financial advisors – including a team - from UBS Financial Services and Morgan Stanley.

Los Angeles, CA-based Shawn Gruver joined in Manhattan Beach from UBS Financial Services where he managed more than $109 million in client assets. He reports to branch manager David Fahey.

Meanwhile, Alan Glick and Charles Glick - along with long-time assistant Pearl Beria - joined the firm in Westwood, CA, from Morgan Stanley where they managed around $242 million in client assets. They report to Westwood complex manager Paul Vannuki.

Lastly, St Louis, MO-based James Laughlin joined Wells Fargo Advisors’ Town & Country branch from UBS Financial Services where he managed more than $97 million in client assets. He reports to Town & Country branch manager Clyde Pilkington.

Manulife Asset Management named Craig Bethune and Diana Racanelli as portfolio managers on a new global natural resources equity team.

Both joined from a large Canadian bank-owned asset management firm, Manulife said, and are based in Toronto. They will report to Christopher Conkey, global chief investment officer at Manulife Asset Management.

In his prior job, Bethune was most recently the lead manager on the firm's energy and resource funds and co-manager on a Canadian equity fund. Prior to his stint there he held analyst and research positions with Credit Suisse Canada, having also worked at other firms.

At her former firm, Racanelli was latterly a vice president and director, serving as lead manager of a precious metals fund and co-manager of several resource and energy funds. From 2005 to 2007 she worked at CIBC Global Asset Management as vice president of Canadian equities and earlier was vice president of global equity research.

Atlantic Trust, the US private wealth management division of New York-listed CIBC, hired David Butts, Michael Zeier and Trevor Hancock while announcing plans to add over 30 more professionals during the year.

Butts, a managing director and senior relationship manager in Chicago, IL, was latterly a senior vice president and relationship manager at Brown Brothers Harriman, as well as chairman of the BBH Trust Company’s trust and investment committee. He has also worked with owners and executives of closely-held businesses as a member of LaSalle Bank's wealth management group.

Meanwhile, also in Chicago, Zeier - vice president and relationship manager - provides investment management, financial planning and estate planning services to high net worth clients. He was previously a member of Brown Brothers Harriman's wealth management group, where he held a similar role.

Lastly, Hancock, a vice president and relationship manager in Denver, CO, was formerly a portfolio and market strategist at Wealth & Tax Advisory Services. In that role he analyzed and constructed investment portfolios for HNW individuals, families, trusts and foundations.

Atlantic Trust said it has hired over 20 professionals year-to-date including 11 at the vice president level or above. Seven are client relationship managers in New York, Chicago, Atlanta, GA, Denver and Houston, TX. The firm also recently expanded in New York, Houston and Atlanta, with the addition of three new relationship managers.

WE Family Offices, the independent wealth management firm serving ultra high net worth individuals and families, added Alexander Calvo and Dr Walter Molano to its strategic investment committee.

The committee considers macro-economic factors and makes strategic and tactical asset allocation decisions to be implemented at the client portfolio level.

Calvo has worked in the financial industry for over 20 years and currently serves as founder and managing director of StratEdge Quant Investors, a registered investment advisory firm providing analysis, investment consulting services and financial systems development. Prior to founding StratEdge, Calvo worked at Franklin Templeton Investments as director of international fixed income.

Dr Molano currently serves as managing partner and head of research at Intruder Capital. Prior to founding that firm, he was head of research at BCP Securities. Earlier still, he served as the executive director of economic and financial research at Warburg Dillon Read. He was also a senior economist for Latin America at CS First Boston.

The Hedge Fund Association appointed Mark McGoldrick, managing director of Concept Capital Markets, and Greg de Spoelberch, director of marketing and operations at Opalesque, as its New York Chapter regional co-directors.

McGoldrick and de Spoelberch will lead HFA in the region and help produce member educational programs and events. They will serve alongside McGladrey Partner Sal Shah, regional director for the HFA’s Northeast Chapter and Connecticut Chapter.

McGoldrick has been a managing director at Concept Capital Markets since August 2011 following the firm's acquisition of Alaris Trading Partners, an introducing brokerage he founded in February 2006. Earlier in his career, he worked at UBS Securities in prime brokerage.

De Spoelberch has been with Opalesque since 2009, initially as head of product development until 2011 before he was appointed as director of marketing and operations.

International asset manager Henderson Global Investors added two investment-grade credit analysts to its fixed income team in Philadelphia, PA.

Timothy Gage joined from Franklin Square Capital Partners while Jonathan Mann is latterly of JP Morgan Chase. Both will report to Andrew Griffiths, Henderson’s global head of credit research, effective June and July, respectively.

The pair joined a team of six and will oversee industry sectors and US-domiciled non-financial companies across the investment-grade corporate bond universe. The team forms part of a broader global credit team that is based in London.

Gage has 16 years of experience in the credit markets, having spent time at Morgan Stanley Investment Management, BNP CooperNeff Advisors and Susquehanna International Group.

After graduating from Columbia College in 2010, Mann spent a year at Lord, Abbett & Co, after which he joined JP Morgan Chase.

Threadneedle Investments, an international asset manager with a presence in 16 countries, has bolstered its US equities team with four hires.

Benedikt Blomberg, Nicolas Janvier and Amit Kumar joined as senior analysts, reporting to Diane Sobin, head of US equities. The trio each has over ten years of experience in the field of asset management and joined Stéphane Jeannin and Brad Colton on the team.

Blomberg and Janvier are latterly of Columbia Management which along with Threadneedle make up the global asset management business of Ameriprise Financial. Columbia is the group’s US-based investment manager, with assets under management of $358 billion, as at end-March 2014.

Janvier will maintain his analytical duties and responsibilities with Columbia Management’s New York-based value team. Kumar joined from Artham Capital Partners.

Meanwhile, Richard Adams - previously an analytics manager in the reporting and information services team at Threadneedle - joined the US equities team as client portfolio manager.

The appointments followed that of US fund manager Nadia Grant earlier this year, joining existing fund managers Neil Robson and Ashish Kochar, and bringing Threadneedle’s US equities team to ten.

RBC Wealth Management appointed Peter Cleary as senior vice president and financial advisor at its Norwell, MA, office.

Cleary joined RBC Wealth Management from UBS Financial Services in Boston, MA, and has more than 23 years of industry experience.  He has assets under management of more than $130 million and $1.2 million in production.  Also joining with Cleary was Mariana Ali, registered client associate.

US Bancorp Investments, an affiliate of US Bank, hired Mike Quimby as central region manager within its community markets division.

In his new role, Quimby will help drive growth across the central region markets including New Mexico, Colorado, Utah, Southern Wyoming, Kansas and Missouri.

He will lead a team of more than 30 financial advisors providing products and services to affluent individuals and families.

Quimby has 28 years of wealth management experience to his new role; he previously worked at Wells Fargo Advisors as a regional brokerage manager in Charlotte, NC.

RBC Wealth Management appointed Christopher Anderson as director of the firm’s newly-created Atlanta, GA, complex.

Anderson joined from Morgan Stanley, where he was most recently executive director and regional business development manager leading business development for the Southern region.

Since joining Morgan Stanley in 1994, he has also held additional roles including complex manager, branch manager, manager of financial consultant associate training, and financial consultant.

Anderson will oversee approximately 45 financial advisors and 85 total employees serving clients in six other offices including:  Richmond, VA; Charlotte, NC; Mobile, AL; Greenville, SC; Raleigh, NC; and Wilmington, NC.

US Capital Advisors added the team of Todd LaVergne, Nick Erwin, Ryan Ringuet and Aaron Geller in its Houston, TX, headquarters.

LaVergne, senior managing director, has over 20 years of experience as a financial advisor and also supervising financial advisors. Both he and Ringuet, a director, principally work with high net worth families retiring from the energy industry, advising them on investment strategies and cash flow planning.

Geller and Erwin, both managing directors, advise ultra high net worth families and corporate and charitable institutions. They primarily serve clients as fee-based advisors incorporating financial planning and customized portfolios.

Joining the team were Karen Stiles, Allison Carmona and Matthew Assunto. 

Fiduciary Trust Company International, a global investment management firm, named Ronald Sanchez as its new chief investment officer, succeeding vice chairman S Mackintosh Pulsifer who will serve as senior advisor to the investment department and serve on the board of directors.

Sanchez, who joined the firm in 1993, will continue to serve as co-chairman of Fiduciary Trusts’ asset allocation committee and as a member of the management committee.

Pulsifer joined the firm in 1988 after 15 years of managing portfolios at a private, independent investment counsel firm based in New York City.  He was named as CIO in 2006.

New York-headquartered Rockefeller & Co welcomed back Neil Craig as a senior vice president representing its investment products and services to institutional clients and investment consultants.

Prior to rejoining Rockefeller, Craig was a managing director of Attalus Capital, a fund of hedge funds operator based in Philadelphia. In that role, he handled new business development efforts targeting western North American and Canadian institutional markets.

He previously worked at Rockefeller from 1997 to 2001 as a director. He has also held sales positions at BNY Mellon, Sandell Asset Management, Commonfund Securities and Citi.

New York Private Trust Company appointed Gregory Rosenblum as chief compliance officer, responsible for managing compliance, risk management and legal issues.

Irvin Leonard, chief executive of the firm, said the appointment signals the firm's growth strategy "emphasizing the need for compliance testing and maintenance of company policies and procedures." Indeed, the move comes at a time when the issue of compliance and risk management is increasingly in the limelight across the financial services industry at large, but particularly in the wealth management arena where regulatory pressures are intensifying.

Rosenblum has a solid background in fiduciary trust administration in commercial banks and family office environments; he has served in various capacities handling risk management, compliance, trust account administration, trust business development, wealth integration and fiduciary trust account remediation.

In his new role, he will report to Leonard. Prior to joining New York Private Trust Company, a Delaware-chartered trust company, he served as an asset management regulator for the Office of the Comptroller of the Currency in Denver, CO.

US Bank added two wealth management consultants at its high net worth Private Client Reserve unit in Milwaukee and New York.

Joseph Lombardo joined the PCR from PNC Wealth Management in New York while Joseph Hass joined from PS-Companies in Milwaukee.

Lombardo has over 15 years of financial services experience and previously served as senior vice president at PNC. He has also worked at Deutsche Bank and Scudder Investments.

Haas, meanwhile, was latterly corporate vice president and officer at PS-Companies, where he drove sales growth and marketing strategies. He has 18 years of industry experience.

Standish Mellon Asset Management Company, the Boston, MA-based fixed income investment boutique for BNY Mellon, appointed Scott Zaleski to the newly-created role of client portfolio manager.

Zaleski will represent Standish and its products, as well as product development and business development for global multi-sector investment strategies.

He will report to Michael Faloon, chief operating officer of Standish, and David Leduc, Standish's chief investment officer.

Leduc said multi-sector strategies and opportunistic fixed income strategies in particular are becoming an increasingly important part of fixed income portfolios, as opportunities and risks change in the current interest rate environment.

Zaleski joined Standish from The Flatley Company, where he was a senior portfolio manager. Prior to that, he was a portfolio manager for Wellington Management Company and also previously spent time at Putnam Investments, State Street Global Advisors and Fidelity Investments.

US Bank hired Amy Foo as a wealth management advisor at its high net worth Private Client Reserve - which serves clients with at least $1 million in investable assets - in Los Angeles, CA.

Foo has a strong background in finance including alternative investments and asset management. She was previously a consulting group analyst at Morgan Stanley in Los Angeles.

Global management consultancy Alpha FMC added three executive vice presidents to its New York office as part of its plans to develop its US business.

The three new hires – Paul Quirk, Michael Talbot and Joe Morant - will work alongside EVP Jane Conway.

Quirk joined Alpha from Liquid Hub and previously owned his own consulting business, while Talbot and Morant both joined from Navigant Consulting, where they co-led Navigant’s asset management consulting practice.

Talbot has over 25 years of consulting experience in the financial services industry, advising clients on a range of operational, technology and transformation engagements.

Morant has over 20 years of experience in the asset management industry, having held key leadership roles at various advisory firms and asset managers including Nuveen, Bank of New York Mellon and Old Mutual - in the US and in Europe.

Schroders appointed Seth Finkelstein to the newly-created role of US product manager of portfolio solutions within its multi-asset and portfolio solutions business.

Finkelstein will be based in New York and report to Adam Farstrup, US product manager for multi-asset.

He previously spent around seven years at ING Investment Management, where he co-founded the multi-asset strategies and solutions group as senior vice president and client portfolio manager. Prior experience includes senior roles at Seneca Capital Management, Cohen & Steers and JP Morgan Investment Management.

Nico Marais, head of multi-asset investments and portfolio solutions, said the appointment is in line with Schroders' strategy to build out its multi-asset and portfolio solutions capabilities in North America. The firm has said previously that it expects North America to represent a “significantly larger proportion” of its total business over the next five years across fixed income, equities, multi-asset and alternatives.

LPL Financial, the US independent broker-dealer and RIA custodian, created roles for two senior executives - Mimi Bock and Ryan Parker - as part of a “strategic shift” that has resulted in the elimination of the chief marketing position.

Most of the firm's existing marketing functions and all of its training teams will transition to the new client experience and training group. Joan Khoury, currently chief marketing officer, will be leaving the company at the end of August.

Bock will become managing director for client experience and training – a group covering client communications, marketing support services, conference planning and training services for independent advisors and institutions.

Bock was formerly executive vice president of independent advisor services business consulting. Ryan Parker, who previously served as executive vice president, is being promoted to managing director for investment and planning solutions, which has been expanded to form a team comprised of advisory, investment, insurance and financial planning offerings. Both executives will report to Moore.

Bock has more than 25 years of experience in the financial services industry. Prior to joining LPL Financial in 2012, she worked for 20 years at Morgan Stanley Smith Barney, where she held a series of leadership roles in equity sales, financial advisor development, client marketing, and field management, ultimately culminating in the role of managing director of the global wealth management southeast division.

Parker, meanwhile, joined LPL Financial in 2013 following a career in the financial services industry, in which he held leadership positions in sales and distribution, marketing, product management, and corporate strategy.

Prior to LPL Financial, he was a managing director at Russell Investments, where he most recently led the national accounts and business development functions across the bank, broker-dealer, insurance, and RIA channels in the US advisory market. Parker has also worked at Franklin Templeton Investments and Putnam Investments.

Focus Financial Partners, the US partnership of independent wealth management firms, appointed long-time Merrill Lynch executive and managing director, Chris Dupuy, as co-president of Focus Connections in San Francisco, CA.

Focus Connections is a program that helps wirehouse teams transition their business and launch their own independent wealth management firms.

Dupuy will work on business development for the program, with a focus on counseling wealth management wirehouse teams during their transition.

He joined Richard Gill, co-president of Focus Connections, who launched the program in 2008 and has since transitioned more than $10 billion in assets.

Dupuy started his career at Merrill Lynch nearly 30 years ago as an advisor and then assumed a number of leadership roles. Most recently, he served as market executive for the Pacific Northwest, as well as head of the wealth management, private wealth and Asia international businesses, spanning eight states and 67 offices. In that role he oversaw 1,400 advisors and 2,000 employees.

He has also previously served as national sales manager of Merrill Lynch Wealth Management; head of Merrill Lynch’s global investments solutions business; and chief operating officer of Merrill Lynch’s wealth management bank. He also sat on Merrill Lynch’s executive and compensation committees.

BNY Mellon Wealth Management hired Clare McCoy as director for business development in Madison, NJ.

McCoy reports to managing director Katia Friend who heads sales efforts for the firm’s New York Tri-State region.

Most recently, McCoy was a vice president and client advisor at PNC Bank in Monmouth County, NJ, where she provided strategic marketing direction. Before that, she was a senior vice president in sales with Bank of America (Fleet Bank) in Boston, MA, managing high net worth relationships.

McCoy’s hire is part of BNY Mellon’s ongoing effort to grow its sales and wealth management teams in key US wealth markets. In a similar move in April, for example, the firm hired Matthew Obert as director for business development in Denver, CO, serving the greater Rocky Mountain region.

Merrill Lynch hired the team of James Clarke and Philip Weyhe from Barclays Capital, representing a combined $285 million in assets and over $2.5 million in production. Clarke and Weyhe joined the Park Avenue Merrill Lynch office in New York City in May.

Torrance, CA-based EP Wealth Advisors, an independent financial planning and investment management firm, hired Adam Phillips as a senior vice president and investment strategist.

Prior to joining EP Wealth, Phillips spent nine years at City National Bank in Beverly Hills, CA, where he managed nearly $700 million on behalf of high net worth individuals, foundations and trusts. He was also responsible for research across various asset classes and proprietary strategies.

Goldman Sachs appointed Stephen Scherr as its chief strategy officer in the US - starting at the beginning of 2015, confirming earlier reports he was taking on the role and raising the size of the firm's wealth management and commercial banking arms.

He will replace Andrew Chisholm who retires after 30 years service at the bank. Since 2008, Scherr has been global head of the financing group and in his new role he will help coordinate Goldman’s lending business and keep his position as head of Latin America.

For the remainder of the year Chisholm will continue to co-chair the Commitments Committee and after that become an advisory director.

The chief strategy officer calls into the firm's chief executive Lloyd Blankfein.

David Angas and Linda Shick - The Angas Shick Group - joined Raymond James' Private Client Group in Toronto.

Angas and Shick were both appointed as senior vice presidents of the Private Client Group, as well as financial advisor and portfolio manager for their team, respectively.

Angas has over 30 years of combined business experience in investing, financial planning and private wealth management. Shick has a background working with high net worth clients.

Webster Private Bank added two senior portfolio managers to its expanding investment team.

Edward Wilson joined in Stamford, CT, from Wells Fargo, where he was senior vice president of investments. He has more than 25 years of investment experience, focused on serving wealthy families.

Robert Maglio, meanwhile, rejoined Webster from People’s United Bank, where he was a senior portfolio manager in the wealth management unit.

Both Wilson and Maglio will report to Yves Cochez, chief investment strategist for Webster Private Bank.

US Bank appointed Ken Carraro as a vice president and wealth management advisor for its high net worth Private Client Reserve unit in Portland, OR.

Carraro has a strong background in financial services including international banking, risk management and financial planning for businesses and HNW clients.

Prior to joining the PCR, he was an international banker for US Bank, also based in Portland.

State Street Global Advisors, the asset management arm of State Street Corporation, made five key appointments within its US intermediary business, which provides products supporting wealth management professionals.

Michael Arone, previously head of global and EMEA portfolio strategy at the firm, was named as chief investment strategist for the US intermediary business.

Ken Bossen, meanwhile, joined from Morgan Stanley as vice president and head of US intermediary portfolio strategy and due diligence. In his former role, he managed the firm's ETF model portfolio and country ETF focus list.

Robert Forsyth – latterly head of exchange-traded products and derivatives at UBS Wealth Management – is now vice president and head of strategic partnerships.

Mario Gallotto, vice president of business intelligence, joined from John Hancock Investments, where he was managing director of business intelligence.

Lastly, Brie Williams, vice president and head of practice management, joined from Putnam Investments, where she was responsible for marketing communications in support of Putnam's global brand and retail mutual fund product line.

Clients of SSGA include wirehouses, registered investment advisors, private banks, family offices and regional/ independent broker-dealers.

Svein Floden left his post as head of hedge fund sales and marketing at Deutsche Bank Asset and Wealth Management Americas to become head of business development for liquid alternatives, Americas, at the UK institutional asset manager Insight Investment.

Floden, who formerly at Deutsche was also director of institutional alternatives distribution for the Latin America region, is based in New York and reports to Philip Anker, global head of distribution at Insight.

Floden will be responsible for developing products and implementing a distribution plan for Insight’s liquid alternatives, total return and absolute return products across the Americas.

Prior to Deutsche Bank, Floden was a member of the Latin America group at Citigroup’s Private Bank in New York.

Morningstar, the global provider of investment research, named Jon Hale as director of manager research for North America, reporting to Scott Burns, Morningstar’s global director of manager research.

Hale will lead approximately 60 manager research analysts based in North America and oversee the team’s operations, thought leadership and manager research coverage across active, passive, fund-of-fund and alternative investment strategies.

Hale previously led the consulting team for the investment advisory unit of Morningstar Associates, a registered investment advisor and wholly-owned subsidiary of Morningstar, Inc.

He first joined Morningstar in 1995 as a mutual fund analyst and helped launch institutional investment consulting for Morningstar in 1998. He left the company in January 2000 to work for Domini Social Investments and rejoined Morningstar in November 2001.

Aspiriant, the US-based independent wealth manager, added Lorraine Fox as a director of wealth management in San Francisco, CA.

Fox has 17 years of experience working with Bay Area firms – latterly with private wealth management boutiques in Silicon Valley.

Her early career was spent at tech firms such as Sun Microsystems and Oracle Corporation. Besides the investment management roles she has held previously, Fox has worked as a general partner and consultant for venture capital firms, an equity research analyst and a marketing executive.

Fox's appointment as director of wealth management was neither a new role nor a replacement but an expansion of the current roster of wealth management directors at the firm.

Wells Fargo Advisors hired a financial advisory team comprised of John Bueno, John Raetz and Noah Robinson in Birmingham, MI.

The team has more than 45 years of collective experience and is latterly of JP Morgan Private Client Service Group, where they managed a combined $1.5 billion in client assets.

Mark Haefele was unveiled as the new global chief investment officer at UBS Wealth Management.

He took over from Alexander Friedman, who decided to step down after three years in the role.

Haefele will also join the executive committee, stepping up from his current job as head of the CIO global investment office.

The chief investment office manages the discretionary and advisory assets of wealth management clients worldwide, and provides the firm’s consolidated view on all markets and asset classes.

Boston, MA-headquartered asset management firm Affiliated Managers Group appointed David Billings as executive vice president and general counsel.

Billings is responsible for the legal, regulatory, compliance and corporate governance functions at the company. He will report to Sean Healey, chairman and chief executive, and will succeed John Kingston, III - who stays as vice chairman.

He joined from the law firm Akin Gump Strauss Hauer & Feld in London, where he was a partner.
One of the senior private banking figures for JP Morgan in Singapore, Nathan Slack, left the city-state to take up a senior post at the same firm in Florida.

Slack, who was market manager, Southeast Asia at JP Morgan, will take up the role of market manager at the private banking side in Palm Beach. Slack has been at JP Morgan in Singapore since 2009.

His role is being taken on by Rahul Malhotra, who has been at JP Morgan since 2010. He was formerly global head of NRI & South Asia at the firm. He was also previously working in senior roles at Merrill Lynch on the wealth management side. The spokesperson said his career spans more than three decades.