A roundup of people moves in the Americas - November 2013.

Dublin-headquartered Carne, which provides governance services to the asset
management sector, appointed Laren Gillespie to its team of Cayman
Islands independent fund directors, according to a company
statement.

Gillespie previously worked at Intertrust Fund Services (Cayman) in the Cayman Islands, where he provided independent fund
directorship services to hedge funds, private equity funds, and investment
management structures.

Prior to that, he worked with a private family office and an international
financial services firm based in the Cayman Islands,
where he implemented risk monitoring programs.

SCBT, South Carolina Bank and Trust, appointed Thomas
Ledbetter as group president for its mortgage banking and wealth management
divisions covering North Carolina, South Carolina and Georgia.

With over 29 years of experience in the financial services
industry, Ledbetter joined SCBT in 2002 as mortgage production manager for the Greenville region.

Berkshire Bank appointed Susan Chamberlain to the
newly-created role of vice president of private banking.

Chamberlain will be responsible for eastern Massachusetts, based out of the bank’s new locations in
Westborough and Burlington.
Prior to joining Berkshire, Chamberlain worked
for TD Bank in cash management and retail banking. She has some 30 years of
experience in the financial services industry. 

KBS Realty Advisors named Marc DeLuca as eastern regional
president to replace the retiring Chuck Lindwall, who was responsible for KBS’
eastern region since the company was founded in 1992.

DeLuca, who has worked in the industry for 19 years, will be
responsible for all acquisitions, dispositions and asset management activities
for KBS in the Northeast, Mid-Atlantic and Southeast.

US Bank Wealth Management hired Mark Sandvos as a personal
trust officer for The Private Client Reserve of US Bank in St Louis, MO.

Sandvos will administrate trusts for high net worth clients
- a task which will involve coordinating financial, tax, investment and legal
services. 

Sandvos served as a trust officer for the PCR from 2005 to
2008. Most recently, he was an asset manager with US Bank’s Community
Development Corporation. Sandvos has also held positions with Deutsche Bank and
served as a law clerk and an attorney with Missouri-based law firms.

Raymond James added financial advisors Charles Massimi,
Bradley Silverman and Daniel Bruno to its independent channel in Armonk, NY.

The trio operate as The Massimi Group, offering securities
through Raymond James Financial Services, Raymond James’s independent
broker/dealer.

The group joined from Morgan Stanley, where they managed
more than $154 million in client assets and had annual fees and commissions of
over $1.7 million. As a team they focus on financial planning and, in
particular, helping to provide clients with income in retirement. They serve
individuals and families in the Greater New York area as well as in other parts
of the US.

A 30-year veteran of the industry, Massimi began his
financial services career in 1983 with the Jericho, NY,
firm of McLaughlin, Piven & Vogel. He then moved to Shearson Lehman
Brothers and in 1988 joined Robert Thomas Securities (an independent
broker/dealer subsidiary of Raymond James). In 1994, he joined UBS in White
Plains, NY, and 13 years later moved to Morgan Stanley in Purchase, NY.

The Jacobson, Hare and Hoelzel Group joined Wells Fargo Advisors in Woodland Hills,
CA, from Morgan Stanley.

The group consists of financial advisors Andrew Jacobson, Shawn Hare and
Gregory Hoelzel - all senior vice presidents of investments. 

Combined, they have $185 million in assets under management, production of
$2.2 million and 49 years of experience in the industry. 

They bring with them a financial advisor-in-training Andrea Koerte; senior
registered client associate Maribel Cobian; and client associate Rose Tran. They
report to branch manager Kevin Friedman.

Silvercrest Asset Management named its president and chief
operating officer Richard Hough as acting chief executive, following the death
of chairman, CEO and co-founder, G Moffett Cochran.

Silvercrest Asset Management Group was founded in April 2002
as an independent, employee-owned registered investment advisor.

BNY Mellon Wealth Management recruited Drew Maldonado as a
senior director for business development, charged with overseeing the firm’s
New York-Tri-State region.

Based in Madison,
NJ, Maldonado reports to managing
director Katia Friend. He was latterly a managing director at Merrill Lynch
Global Wealth Management, where he ran the equities business. He also worked on
client account management and business development for the Global Investment
Solutions group.

Previously, Maldonado was vice president and head of
position trading for global equities at Fidelity Capital Markets. 

LCK Wealth Management - formerly part of Merrill Lynch Wealth Management’s
private banking and investment group - joined the HighTower
partnership of firms in New York.

LCK Wealth Management provides wealth management and investment services for
families, trusts, foundations, charitable organizations and other non-profit
entities.

The firm is led by Laurie Kamhi, who joined HighTower as a partner and
managing director. Also on the team, which manages $320 million in client
assets, is senior financial analyst Christine Torrey and senior private wealth
associate Karman Tong.

Kamhi has more than 30 years of experience in investing, private wealth
management and institutional trading and sales.

Florida-based Espírito Santo Bank named Rafael Madan as senior vice
president and head of wealth management, as well as promoting Carlos Modia as
chief financial officer and hiring Andrew Methven as chief operating officer.

Madan will oversee Espírito Santo Bank's private bankers and develop new
private banking products. He will represent the firm in the US and Latin America,
along with the senior management team, and play a significant role in community
organizations.

Madan was most recently managing director of Wells Fargo Advisors in Miami, FL,
where he was responsible for 90 financial advisors. He joined Oppenheimer &
Co (Miami) in
1994 and ended his 12-year tenure there as managing director/branch manager.
Prior to that, he was director for Latin America Private Banking at Merrill
Lynch Bank & Trust Company in Miami.

Modia, now CFO, joined Espírito Santo Bank in 2005 and before this promotion
was senior vice president and chief operating officer. Methven, meanwhile,
joined from RBC International Wealth Management, where he was latterly head of
operations and technology in Miami.
From 2003 to 2011, he was COO for the Americas
region and before that was director of finance at RBC Global Asset Management
in Toronto.

The Kansas-headquartered global funds firm Ivy Funds named veteran
high-yield portfolio manager William Nelson as portfolio manager of the Ivy
High Income Opportunities Fund.

Nelson replaced Bryan Krug, who managed the fund since its inception and is
leaving to join Artisan Partners Asset Management. No further changes were made
to the high income research team.

Nelson now handles all the firm’s high income funds as vice president and
portfolio manager of Ivy Funds VIP High Income ($644 million in assets), as
well as managing the Waddell & Reed Advisors High Income Fund ($2 billion
in assets). He joined the firm in 1995 as a fixed income investment analyst
specializing in high-yield securities.

The Ivy High Income Opportunities Fund primarily invests in high-yield
corporate bonds of varying maturities and other fixed income instruments of
predominantly corporate issuers.

Gumbiner Savett, the full-service accounting, tax and business advisory firm
in Southern California, appointed Jason Powell as director of international
tax, based in Santa Monica.

Powell has more than 15 years of international tax experience, during which
time he has served as an advisor to individuals and corporations as regards
global taxation planning and business transactions.

He is also well-versed in matters related to federal and international
compliance, tax accounting and withholding. For example, he has helped clients
navigate through international tax issues associated with penalties pursuant to
FATCA, intergovernmental agreements, mergers and acquisitions, and
restructures, among other issues.

Milwaukee, WI-headquartered Artisan Partners, a global
investment manager, appointed Bryan Krug as a fixed income portfolio manager. He
is expected to join the firm by the end of 2013.

Krug will be responsible for leading a credit opportunities
strategy that the firm expects to launch in 2014. He has 14 years of industry
experience and seven years of portfolio management experience leading a
high-yield investment strategy.

BNY Mellon Wealth Management appointed William Johnston to a
newly-created position: head of private banking solutions. Johnston
will be based in New York
and joins from Capital One Bank, where he was market executive for middle
market.

Reporting to executive director of private banking Bill
Sappington, Johnston
will lead all of the firm’s private bankers and escrow bankers, while
coordinating the activities of the mortgage banking officers in the field. He
will also work with regional presidents and channel partners to develop private
banking growth strategies.

BNY Mellon also hired Bob Larue to introduce an array of
private banking, credit and lending services to registered investment advisors
through BNY Mellon’s Pershing Advisor Solutions.

Financial advisor Keith Morris, a managing director of
Morris Capital Management Group, joined Raymond James’ independent channel in Conshohocken, PA.

Morris joins Raymond James Financial Services from Wells
Fargo, where he managed more than $110 million in client assets and had annual
fees and commissions of over $1 million.

Morris Capital Management Group specializes in wealth
accumulation and preservation and offers a range of investment alternatives and
services.

Morris began his career in 1994 at Prudential Securities,
later joining Legg Mason and Wachovia Securities, a predecessor firm of Wells
Fargo Advisors. In 2011 - while at Wells Fargo - he founded Morris Capital
Management Group.

Joining Morris at Raymond James was Denise Bucci, a
registered client services manager. Morris carries out administrative duties,
customer account inquiries and overlooks daily operations. She began her career
as an administrative assistant with Thomson McKinnon, a predecessor firm of
Prudential Securities. She has worked at several other firms including Shearson
Lehman and Paine Webber, prior to joining Morris at Wachovia Securities in 2005.

First Republic Bank appointed Clarke Leaverton and Spencer
Strahan as managing directors and investment consultants in Portland, OR.
Leaverton and Strahan both have more than 30 years of investment experience and
now work for First Republic Private Wealth Management.

Raymond James recruited financial advisors Richard Swift and
Jeff Dakin in Columbus, GA.

The team operates as the Swift Wealth Management Group and
joined from Morgan Stanley, where they managed some $934 million in client assets
and had $1.2 million in annual fees and commissions.

Swift Wealth Management Group serves families and
businesses, as well as managing pension and retirement plans for local firms,
endowments and foundations.

Swift began his financial services career in Columbus at
Robinson-Humphrey in 1998 after several years with a commercial insurance firm
and at Columbus Bank & Trust.

Dakin first joined Synovus Securities in 1991, moving to
Robinson Humphrey in 1996, where he later teamed up with Swift. 

Tiger 21, the peer learning network for high net worth
investors, created a group in Chicago,
IL. The moves came just a few a
weeks after the organization announced a second group in Washington, DC.

Rick Harig, a financial industry professional and family
wealth advisor, joined Tiger 21 to lead the Chicago group. He founded Legacy Resources in
1994 after spending more than a decade in the securities industry.

UBS promoted Stephen McCashin - who has been with the firm
since entering its graduate training program - as office manager of San Francisco
Private Wealth Management.

Most recently, McCashin served as complex director for Northern California, overseeing six offices with revenues
in excess of $100 million.

Prior to that, he held several management positions
including complex director for Downtown Los Angeles, having previously been a
branch office manager in Rancho Bernardo.

Between 2008 and 2009, McCashin was with Private Wealth
Management in LA, during which time he helped grow the business and add over $6
billion in net new assets, UBS said.

He spent most of 2008 as the acting manager for the office
as UBS searched for a permanent replacement to fill the role.

Signature Bank added three teams to its New York-based
network of private client offices.

Darren Kay was named group director and senior vice
president, and will lead a new team from Signature’s office in Manhattan. Kay was most recently a market
sales executive and senior vice president at Capital One Bank in Midtown.

His team members include Natalie Krisztin - formerly a
senior business banker with whom he worked with - as associate group director and
vice president, and Rebeca Vargas and Jason Lasky - previously sales support
specialists - who were named senior client associates.

Krisztin spent a decade at Capital One Bank and predecessor
firm North Fork Bank, while Vargas was there for 13 years, and Lasky nine.

Meanwhile, Brian Mazzotta was appointed as group director
and senior vice president, joining from Capital One Bank in Long
Island.

Associate group directors Dawn Arrasate and Michael Pollman joined
Mazzotta’s team in Long Island are, as well as
senior client associate Pat Magri. They also joined from Capital One Bank.

Lastly, David Artis and his team join Signature from HSBC in
New York City,
and remain based in NYC in their new roles.

Daniel Topple and Richard Wang were named associate group
directors for Artis’ team. Carmen Beltre will serve as senior client associate
on Artis’ team. 

Chicago, IL-based HighTower, the advisor-owned firm, has
added The Andriole Group to its partnership - the second advisor team
transition HighTower has completed in the past two weeks.

Formerly part of Merrill Lynch Wealth Management, The
Andriole Group serves entrepreneurs and high net worth individuals and
families. The group currently manages $700 million in client assets.

The team was the 40th to join the HighTower partnership
since the firm’s founding five years ago, and is the first HighTower team based
in Connecticut.

The Andriole Group includes wealth management advisors: Eric
Hanson, Christopher McFadden and Alexandra Miele; and senior client service
associates Michele Arsenault and Carol Aragon.

BNY Mellon, which has embarked on a global recruitment drive
at its wealth business, appointed portfolio Manager Gary Recker to join its
wealth management business in Southern California.

Recker, with more than 25 years of experience in financial
services, reports to senior director Ben McGloin, who oversees portfolio
managers in the Orange and San Diego Counties.

Recker previously served as a senior portfolio manager and
senior vice president at Northern Trust for 13 years in San Diego. He actively managed major
portfolios for large clients, assisted with new business development and led an
investment department of three portfolio managers and support staff. Before
that, Recker was a vice president for 11 years with Marathon Asset Management,
where he actively managed and balanced client portfolios.

RBC Wealth Management hired Kirstin Turner and Rob Spawn as
complex directors in San Francisco, CA, and West
Palm Beach, FL,
respectively.

Turner joined RBC from Morgan Stanley Wealth Management,
where she led the Houston, TX, branch. In that position, she managed 40
financial advisors with $5 billion in assets under management.

At RBC, Turner will oversee some 60 financial advisors and
100 total employees serving clients in St Petersburg,
Tampa, West Palm Beach,
Naples, Fort Lauderdale
and Palm Beach Gardens.

Meanwhile, Spawn joined from UBS, where he built the Las Vegas market, lead the Nevada-Utah and Houston complexes, and,
most recently, was an associate complex director for Arizona/New Mexico.

Spawn will oversee approximately 70 financial advisors and
125 total employees serving clients in San Francisco,
San Jose, Fresno,
Monterey, El Dorado Hills, Walnut
Creek, Santa Rosa and Oakland.

DW Investment Management, the New York-headquartered credit
investment specialist, appointed Jennifer Drake as head of business
development.

DWIM, founded by David Warren and partners as a 2009
spin-out from Brevan Howard, is the investment manager for two Brevan Howard
credit hedge funds: the Credit Catalysts Fund and the Credit Value Fund.

With nearly two decades financial markets experience and a
focus on hedge funds, Drake will use her knowledge of proprietary trading of
credit and derivative instruments, as well as research, asset allocation and
portfolio management, when dealing with prospective and current funds
investors.

Drake also joined DWIM’s executive and risk committees.

Prior to joining DWIM, Drake was a managing director at
Goldman Sachs, where she focused on credit, event-driven and relative value
investments. Earlier in her career, she oversaw similar investments for Swiss
asset manager GAM and was head analyst and portfolio manager for Nomura Securities’
proprietary convertible bond portfolios in New York.

BNY Mellon Wealth Management promoted Dan Fasciano and hired
Michael Oliver as ultra high net worth family wealth advisors in Boston, MA,
and in the Tri-State region respectively.

Fasciano was promoted from team leader and senior portfolio
manager and continues to serve on the wealth management investment strategy
committee. Oliver joined from Lazard Wealth Management. Both report to Ridgway
Powell, managing director and family wealth advisor team leader.

Before re-joining BNY Mellon Wealth Management in 2010,
Fasciano served as treasury director for the State of Florida. Prior to that, he was head of US
fixed income for Aviva Investors, one of Europe’s
largest investment advisors. He was previously director of taxable fixed income
at Mellon Private Asset Management.

At Lazard Wealth Management, Oliver was a senior investment
analyst and member of the investment committee. Prior to that, he was with
Deloitte Investment Advisors and  US
Trust, Bank of America
Private Wealth Management.

Rothschild Capital Partners appointed John Pohlad to the
newly-created role of director of strategic development.

Pohlad will direct Rothschild's business development efforts
as it expands in Minneapolis,
which the firm said is one if its most important markets.

In his former position as co-founder and managing director
of Marquette Asset Management, Pohlad helped the firm grow from start-up to a
$1.1 billion wealth management firm.

Wilmington Trust hired Dan Driscoll as regional sales and
service manager for its wealth advisory division in Pennsylvania.

Based in Harrisburg, Driscoll
will manage the sales and service efforts of private client advisors across the
central, western and northern Pennsylvania
markets. He will work with M&T Bank regional presidents Michael Murchie and
Phil Johnson in their respective regions.

Investment management firm Brinker Capital promoted two
executives, while expanding the roles of two others.

William Simon, managing director of retirement plan and
investment services, was named executive vice president of sales and
distribution, while Leo Dolan, a principal and national sales director, assumes
the newly-created role of executive vice president of Brinker Family Wealth
Partners, effective December 1, 2013. The new Family Wealth Partners division
will provide outsourced chief investment officer services plus “companion”
services to wealthy families.

Simon will have primary oversight for Brinker Capital’s
national accounts and sales team, as well as for Brinker Investment Services
(for advisors looking to access investment products and support including
sales, marketing and education); Retirement Plan Services (for financial
advisors working with plan sponsors who offer 401K offerings to employees); and
Private Wealth (aimed at financial advisors whose clients have $2-$10 million).

Meanwhile, national accounts managing director Jean Lynch
will head Brinker Investment Services, while Jason Shevland, a regional director
overseeing operations in New England and upstate New York, will have an expanded role
representing the field sales team on the newly-formed Brinker Investment
Services Advisory Board. Both report to Simon.

Dolan will be supported by the high net worth team led by
Thomas Wilson, senior investment manager and managing director of institutional
investments.

Just 10 months after he took the post at Barclays in the
wake of the LIBOR-rigging scandal that rocked the world's financial markets,
Hector Sants, former chief of the old UK
financial regulator, has left due to stress and exhaustion, the UK-listed bank
- which has significant operations in the US – said.

Sants held the post of head of compliance and government and
regulatory relations at the bank. Previously, he had been the chief executive
of the Financial Services Authority, the former UK watchdog.

At the same time, chief operations and technology officer at
Barclays, Shaygan Kheradpir, resigned. Kheradpir left the bank to take on a
role as CEO for a company based in the US.

Janney Montgomery Scott, a wealth management and investment
banking firm, hired Douglas Velnoskey as senior vice president of wealth
management in Baltimore, MD.

Velnoskey, who oversees $190 million in client assets, is
joined by financial advisor Bryan Carney; senior registered private client
assistant Coleen Kramer Beal; and senior registered private client assistant
Brian Etzler. They operate as the Velnoskey Wealth Management Group of Janney.

With more than 26 years experience in the financial services
sector, Velnoskey was most recently with Morgan Stanley.

Kendall Cotten joined Merrill Lynch’s private banking and
investment group in Dallas,
TX. Cotten joined from Goldman
Sachs with $325,000,000 in assets under management and $1,857,500 in production.
Cotten was previously registered with Goldman Sachs in New York.

Citi Private Bank hired Rob Jasminski as managing director
and head of US equities for Citi Investment Management.

Jasminski is based in Stamford,
CT, and report to Stephanie
Luedke, chief executive of Citi Investment Management. Citi Investment
Management is Citi’s discretionary investment management organization, with
approximately $26 billion in global assets under management.

Prior to joining Citi, Jasminski spent 20 years at GE Asset
Management, one of the largest managers of institutional assets in the US. There, he
held a variety of research and portfolio management positions, covering core
and concentrated global equity strategies. Most recently, he was the assistant
director of research, leading a team of 30 global equity analysts.

RBC Wealth Management recruited the Emmerling Wealth
Management Group from UBS in Pittsburgh,
PA.

The Emmerling Wealth Management Group has approximately $300
million in assets under management and close to $2.2 million in combined
production.

The team is led by Frank Emmerling - senior vice president
and financial advisor - who has 28 years of industry experience. The team is
also comprised of Leslie Craven, associate vice president and financial
advisor; Frank B Emmerling, financial advisor; William Winkeler, senior
financial associate; and Mary Jane McCarrick, registered client associate.

Wilmington Trust, a subsidiary of M&T Bank, hired Vito
Iacovazzi as vice president of business development within the company’s global
capital markets division.

Based in New York,
Iacovazzi will market corporate trust services and restructuring-related
services to clients, according to a company statement. With over 30 years of
corporate trust experience, he most recently spent 16 years as a senior vice
president of business development within Wells Fargo’s corporate and
restructuring services group.

Philadelphia-headquartered Janney Montgomery Scott, a wealth
management and investment banking firm, hired John Goles as senior vice president
and manager of the Bel Air, MD, branch.

Goles oversees $175 million in client assets and is joined
by financial advisor Steven DeBoy, account executive Patrick Goles, and private
client assistant Carol Palitti, to form the Goles Investment Group of Janney.

Goles spent the last four years at RBC, having previously
worked for seven years at Ferris Baker Watts.

BMO Private Bank, a division of BMO Financial Group, added
Stephen Graham to its advisory board in Seattle.

Graham is currently the managing partner of Fenwick &
West and is co-chair of the firm’s national life sciences practice.

In addition to Graham, the other BMO Private Bank Seattle
regional advisory board members are Bill Sperling, Patricia Bostrom, Bill
McAleer, Sue Couper, Brad Harlow, Lee Huntsman, Eddie Pasatiempo, Bill
Weisfield, Kathy Wilcox and Betty Woods.

Sheffield Haworth, the global financial consultants and
executive search firm, intensified its focus on the wealth management sector in
the Americas
with the addition of Jane Swan as managing director.

Swan joined Sujan Melwani who transferred from Sheffield
Haworth's Hong Kong practice to New York
earlier this year; the firm said it will continue to strengthen its team in the
US.

Swan has extensive experience across the financial services
industry including in the areas of investment management, wealth management,
consumer and commercial banking, securities exchanges, insurance, investment
banking and private equity.

Most recently, she was a senior client partner within
Korn/Ferry’s global financial services practice, where she was a founding
member of the firm’s wealth management practice. Before that, she spent 13
years with Heidrick & Struggles as part of the global financial services
division, ultimately becoming co-head of the wealth management practice.

BNY Mellon Wealth Management hired Christopher Swink as
senior director for business development in Florida. Swink reports to regional director,
Ray Ifert, in Tampa.

Swink joined from SunTrust Private Wealth Management, where
he served as vice president and advisor to high net worth clients. Prior to
that, he was a relationship manager with Wachovia Wealth Management and has
worked as an advisor at Dean Witter and JP Morgan Investments.

Raymond James recruited Florida-based Private Wealth
Management at Heathrow, an independent firm, from LPL Financial.

The team includes financial advisors Patrick Buchanan,
Dominic Nori and Adam Goldstein. At LPL, they advised on some $310 million in
client assets for around 140 families.

Buchanan, president and director of advanced planning
strategies, oversees the firm’s development and application of client
strategies for income distribution, wealth transfer and risk management. He
began his financial services career in 1996 at American Express Financial
Advisors.

Nori, chief executive, has been in the industry for almost
30 years. In 1990, he started his own broker-dealer firm with offices in Manhattan, NY, and Mountain Lake, NJ.
He sold his interest in his firm 13 years ago and moved to Florida, where he founded Private Wealth
Management. 

Goldstein serves as chief operating officer and manages the
day-to-day operations of the firm. He is responsible for portfolio construction
and the ongoing maintenance of client investment allocations. He began his
career in financial services 17 years ago at American Express Financial
Advisors.

Lauren Wright, client relations manager, and Carolyn Cote,
operations manager, joined Buchanan, Nori and Goldstein at Raymond James. Both
worked with the team while at LPL.

Dynasty Financial Partners added Fusion Family Wealth, the
New York City- and Long Island-based investment management firm founded by
former UBS senior vice president Jonathan Blau, to its roster of advisory
firms.

Managing director Harvey Radler joined Blau from UBS at
Fusion Family Wealth, as well as: senior wealth advisors Jeffrey Blick and Joel
Bodner; and senior client service specialist James Cloudman.

Dynasty Financial Partners develops, sources and integrates
wealth management technology solutions for independent investment advisor
teams. In this case, the firm provided Fusion Family Wealth with an investment
platform which integrates research from Wilshire Associates and Callan
Associates, as well as Envestnet's portfolio tools and reporting technology.
Fidelity Institutional Wealth Services will provide clearing and custody
services.

In recent years, Blau has worked as a senior advisor at
Sanford C Bernstein & Co, Morgan Stanley and UBS. Meanwhile, Radler has
around 40 years of experience in the investment management space, having
started his career at Wertheim & Co/Schroders.

Blick, who works with clients on the tax and legal aspects
of their wealth management plans, began his career in the tax practice at
Arthur Anderson and in 1998 joined Merrill Lynch as in-house tax counsel. He
also spent six years at UBS from 2000, having previously worked at Morgan
Stanley.

Bodner works with clients on researching and managing
investment opportunities. He joined Fusion Family Wealth from UBS, where he has
worked since 2008. He began his career in investment management at Merrill
Lynch in 2002. Lastly, Cloudman previously worked as a financial advisor at UBS
Financial Services, having joined the firm in 2010.

Fusion Family Wealth has $900 million in assets and provides
investment management services to accounting and law firms, ultra high net
worth, family office and institutional clients. The firm specializes in
investment management, and 401k accounts for professional service firms.  

New York-listed Envestnet, a provider of wealth management
technology and services to financial advisors, appointed Zachary Karabell as
head of global strategy.

Karabell will help advisors understand how the global
economy affects client portfolios, as well as shape and communicate Envestnet’s
investment perspective and research to clients and the media. Additionally, he
will work with senior management on overall corporate strategy, branding and
market position.

Karabell was previously executive vice president, chief
economist and head of marketing at Fred Alger Management, a New York-based
investment firm managing approximately $19 billion in mutual funds and
institutional accounts.

New York-listed Prudential Financial appointed Douglas
Scovanner as an independent director. Scovanner will also serve as a member of the
board’s audit committee.

Scovanner is currently the managing member of Comprehensive
Financial Strategies, a firm which provides advisory services, primarily to the
retail industry.

Previously, Scovanner was executive vice president and chief
financial officer of Target Corporation until March 2012. Prior to joining
Target, he was a senior vice president of finance at The Fleming Companies, and
vice president and treasurer at Coca-Cola Enterprises.

Chicago’s
HighTower added Melville, NY-based Klein Wealth Management, which oversees $210
million in assets, to its partnership of advisory firms.

The team is led by Peter Klein, who joins HighTower as a
partner and managing director. Jane Voorhees is director of client service.

Klein Wealth Management works with high net worth
individuals and families, corporations and private foundations on their
philanthropic goals.

Frankfurt-headquartered Deutsche Bank appointed Kim Hammonds
as chief information officer and global co-head of group technology and operations.

Hammonds, who will assume the role on November 25, will take
over from Anthony McCarthy who has decided to pursue other career opportunities.

Previously, Hammonds
served as chief information officer at Boeing. She will be based in London and report to Henry
Ritchotte, Deutsche Bank’s chief operating officer.

UBS Private Wealth Management recruited advisor Scott
Harries - with $500,000,000 in assets under management - from Merrill Lynch in Los Angeles, CA.

Harries joined with analysts Jared Tiller and Thomas Funk,
and client service associate Aimee Harries.

Scott has been at Merrill Lynch within the firm's private
bank and investment group since 2000 and prior to that spent over a decade at Goldman
Sachs’ private client services division. 

JP Morgan Private Bank appointed Marry Ellen Rodgers as
executive director and private banker in Nashville,
TN.

Rodgers will provide investing, wealth transfer, credit and
philanthropic services to high net worth clients. She will report to Zach
Gates, Tennessee
market manager.

For the past 12 years, Rodgers has served as a client
advisor at US Trust/Bank of America.

Wilmington Trust hired John Shea as a senior private client
advisor for its wealth advisory team in Binghamton,
NY.

Shea will provide wealth management advice to high net worth
individuals, families, entrepreneurs, business owners, foundations and
endowments.

Shea has over 20 years of experience as a financial
professional, having most recently worked for BNY Mellon’s asset servicing business
in Massachusetts.
Before that, he held positions as a client relationship manager for ITS
Associates in Wellesley, MA;
an auditor and portfolio accountant with State Street Bank; and a mutual fund
accountant with SEI in Wayne,
PA.

Florida-headquartered Legacy Trust Family Wealth Offices, a
boutique wealth management firm, appointed Marty Flack as director and relationship
manager.

With specialties including investments and estate planning
services, Flack has previously worked at Wells Fargo, Barnett Bank, and First
Union.

US Bank Wealth Management appointed Brett Sorensen as vice
president and private banking relationship manager for The Private Client Reserve
in Minneapolis, MN. 

Sorensen has more than 12 years of financial service
experience, having most recently served as a commercial banking relationship
manager with US Bank’s Commercial Banking Group.

Prior to joining US Bank, Sorensen held investment banking
and commercial banking positions in the Twin Cities.

Birmingham, AL-based Sterne, Agee & Leach, a
privately-owned investment banking and brokerage firm, bolstered its fixed
income division with seven hires.

The new group includes Katya Baron, David Jacob, Brendan
Keane, Mike Krull, Dariush Pouraghabagher, John Rozario and John Woodruff. They
will work across the firm's CMBS trading, RMBS trading and Structured Finance
Solutions groups.

Jacob and Krull joined as co-heads of CMBS trading in the
structured products group. They are based in New York City and report to Adam Robison,
co-head of structured products.

Meanwhile, Pouraghabagher was named as managing director and
head of residential mortgage credit trading in the structured products group.
Likewise, Woodruff joined as vice president in the structured products group.
Both are based in New York City
and also report to Robison.

Finally, Keane, Baron and Rozario were added as the
newly-created structured finance solutions group. Lead by Keane, the group’s
purpose will be to generate business from structured finance-related sources.
The new team is based in New York City
and reports to Bill Fedyna, co-head of structured products.

Northern Trust brought in Arti Sharma from Mercer to lead
its operations in Canada,
based in Toronto.

As a principal and head of business development at Mercer,
Sharma was responsible for the growth and development of the custody practice.

Prior to that, she was senior vice president at Thomas
Murray North America, before which she worked at CIBC Mellon in executive
management and sales positions.

BNY Mellon Wealth Management made two senior business
development hires in Westport, CT,
and the southern Connecticut market, and Pittsburgh, PA.

Jason Mudd was named a senior director of business
development in Westport and the Southern
Connecticut market, while Scott Cox joined as a managing director for business
development in Pittsburgh.

Mudd was formerly a private banker and sales executive at JP
Morgan Private Bank in Greenwich, CT, before which he worked as a wealth management advisor
and partner for Pagnato Karp Group, the private banking team at Merrill
Lynch/Bank of America in Washington, DC.

Cox leads a team of six directors in Pittsburgh
and coordinates all business development activity in Western
Pennsylvania.

Cox joined BNY Mellon from Merrill Lynch, where he spent
almost 20 years - most recently as director of the firm’s practice management
consulting group in Akron, OH. During his stint there, Cox coached
financial advisors in business development and practice management skills. He
was also a director in Southern New Jersey and, most recently Akron, where he led a group of offices with
$70 million in revenue and 113 financial advisors. 

Mudd reports to Jim Fagan, managing director for business
development in Westport.
Cox reports to regional president Andy Paterson and Garrett Alton, managing
director and regional sales manager.

Carey Olsen, the offshore law firm, added Sophia Harrison as
an associate with the Cayman Islands-based litigation and dispute resolution
group.

Harrison specializes in
commercial, banking and finance litigation, and restructuring and insolvency.
In her new role, she will represent both international and domestic clients
with corporate and commercial disputes.

Harrison returned to Carey Olsen having originally joined in
March 2010 as a legal assistant within the firm's litigation and dispute
resolution group in Guernsey. She left the
firm earlier this year.

Before joining Carey Olsen she practiced at Salans in the
firm's insolvency and asset-based financing group, and also worked in the
banking and finance litigation team at Lovells.

BNY Mellon announced a significant move in the EMEA region,
saying that Giambattista Atzeni has been appointed to a newly created role as
senior director for business development with BNY Mellon Wealth Management.

Atzeni most recently served as a senior relationship manager
for the company’s corporate trust business in the Middle East and Africa region. He reports to managing director Douglas
Schaenen and continues to be based in Dubai,
United Arab Emirates,
BNY Mellon.

As senior director serving MEA and Turkey, Atzeni is responsible for
managing client relationships, business development and strategy in one of the
world’s fastest-growing wealth markets.

Prior to joining BNY Mellon in 2006, Atzeni lived in Dublin, Ireland,
where he worked in the investment funds and capital market industry at the
Irish Stock Exchange and at BISYS Fund Services.

Atzeni is chairman of the Steering Committee of the Gulf
Bond & Sukuk Association (GBSA) and is a regular speaker at Middle East conferences and industry events.

Carlyle hired Kewsong Lee as deputy chief investment officer for corporate
private equity – a newly-created role at the firm.

Lee joined from Warburg Pincus, where he was managing director and a member
of the executive management group.

Lee will officially join the firm in late December and will be based in New York and Washington,
DC.

As deputy CIO, Lee will assist Carlyle co-chief executive and CIO, William
Conway, with activities related to investing and managing the firm’s corporate
private equity platform, which consists of 11 buyout and growth capital funds
totaling $58 billion in AuM.

Lee will also join the firm’s management and operating committees, while
helping with corporate development for the firm.

CTPartners, the global executive search firm, appointed
Thomas Moran as a vice chairman within its global financial services practice.

Based in Chicago,
IL, Moran will also serve as a
member of the firm's insurance/asset and wealth management, and CEO and board
practices.

Moran has over 20 years of executive search experience
placing CEOs, CFOs, COOs, CMOs, board members and leaders of
insurance/diversified financial services companies globally. He has worked
across North America, Asia, EMEA and Latin America.

Moran joined from a search firm where he co-led the North
American financial services practice and was also the managing partner of the
insurance practice.

Phoenix, AZ-headquartered SureVest, an independent
registered investment advisory firm, appointed Clay Darland as chief technology
officer.

Darland will assist in the development of the company's
intranet and client portal. He will also be responsible for providing
equipment, software, tuition and data security to advisors.

With over 15 years of technology-related experience,
Darland's most recent role was as a lead network engineer and developer for a
Phoenix-based technology services firm.

Coral Gables, FL-headquartered Gibraltar Private Bank &
Trust named Angel Medina as the company’s new president, reporting to chairman
and chief executive, Adolfo Henriques.

Because of his private banking experience, Medina will lead the delivery of loan and
deposit products to both individuals and businesses. He joined Gibraltar
Private in 2011 as executive vice president to manage credit quality. He will
now be responsible for all markets that Gibraltar serves: South Florida, Ocean
Reef, Naples and New York City.

Prior to Gibraltar, Medina
was area president of Regions Bank as well as CFO of Adrian Homes. He also held
various leadership roles with Barnett Bank (now part of Bank of America).

Richmond, VA-headquartered RiverFront Investment hired Jim
Martin as its mid-Atlantic regional director.

Martin, with a 20-year career in the financial services
business, was previously a regional manager for Eagle Asset Management for 12
years. He has also served as a regional sales manager for Mentor Investment
Group, Lord Abbett and Evergreen.

Additionally, Stuart Porterfield, the current national sales
manager, now assumes the additional responsibility of national accounts. As
this publication reported earlier this year, these appointments follow the
hiring of Brad Wear as director of the western region.

Birmingham, AL-based Sterne, Agee & Leach, a
privately-owned investment banking and brokerage firm, expanded its fixed
income division with the addition of Dan Ladley, Ron Pimental and Alan
Stentiford.

Ladley, Pimental and Stentiford joined Sterne Agee as a part
of the firm’s execution solutions team in New York. They will provide clients with
liquidity and global execution services, with a focus on serving transition
brokers, private clients, middle-market and clearing clients. 

Pimental joined from JP Morgan with over 25 years of global
fixed income sales and trading experience. At JP Morgan, he served as head of
fixed income in trading service, which was part of their treasury and security
service business. He joined JP Morgan in 2008 after the purchase of Bear
Stearns.

Ladley also joined Sterne Agee from JP Morgan, where he was
part of the fixed income sales and trading group focused on Transition, ETF and
broker-dealer clients. He joined JP Morgan after the purchase of Bear Stearns.

Stentiford has over 25 years of fixed income sales and
trading experience and joined Sterne from JP Morgan (Bear Stearns), where he
spent eight years focused on trading and developing analytics for transition
trading and ETFs.

UBS Wealth Management Americas promoted David Bienstock to
head of product for equity plan advisory services.

Bienstock, with over 10 years of experience at UBS in
product development and project management, will now take charge of the equity
plan technology platform.

Thierry Vo also joined the firm as a director in product
management to drive strategic product initiatives. Vo will report to Bienstock.

Vo has over 10 years of equity plan experience, having
previously worked at E*TRADE, Merrill Lynch and, most recently, Equity
Administration Solutions.

Matthew Peron was named managing director of global equity
at Northern Trust Asset Management - a newly-created role that brings together
active and index equity teams.

Peron joined Northern Trust in 2005 and was formerly a
managing director of active equity; he has also served as a senior portfolio
manager and director of equity research. Prior to Northern Trust, Peron held
senior risk management and quantitative analyst roles at Alliance Capital, Bank
One and Lincoln Capital Management.

Meanwhile, Northern Trust AM also said that Nick Dymond, who
managed the firm’s international equity index portfolio management team in London, now has an expanded role leading Northern Trust’s
portfolio management teams in Chicago, IL, Hong Kong and Tokyo.
Reeder, a 20-year veteran of Northern Trust, will continue to direct US equity
index strategies.

Evercore Wealth Management appointed Tom Trenchard as vice
president and financial advisor, based in New York.

Before joining Evercore, Trenchard was a lead advisor at US
Trust in the firm's local business development department.