Thomas Nides, former deputy secretary of state and a chief operating officer of New York-listed Morgan Stanley before that, rejoined the firm as vice chairman.

Reporting to chairman and chief executive James Gorman, Nides will focus on Morgan Stanley’s global clients and other key constituencies around the world. He will also work with senior management on issues related to external and government affairs, while serving as a member of the firm’s operating and management committees.

Gorman said Nides will also work on client issues with Morgan Stanley's institutional securities group president, Colm Kelleher, and global wealth management president Greg Fleming.

Baird recruited an advisor group with $145 million in assets under management based in Portland, ME.

The addition of The Glenn Group - comprised of vice president Robert Glenn and Chad Schauman - closely followed news that the firm had brought in The Lipe Group to expand its wealth management practice in North Carolina.

Union, NJ-based Center Bancorp promoted its senior vice president of retail banking services, Mark Cardone, to the newly-created role of first senior vice president.

Cardone will remain as head of retail, but will focus on the bank’s “strategic niches,” managing certain markets and the bank’s private banking and wealth management division.

As such, Cardone will oversee the entire private banking division and its team of executives who provide investment management and fiduciary services to clients including individuals, businesses, corporations, non-profit and religious organizations, retirement accounts, and trust and estate relationships.

Investors’ Security Trust Company, a trust and estate management firm in Florida, appointed Gregory Blurton as vice president, wealth strategist.

Blurton will advise clients on investment, trust and estate services that can preserve and transfer wealth, working closely with clients’ legal and tax teams.

Baird brought in The Lipe Group to expand its wealth management practice in Charlotte, NC.

Father-son team Joseph Lipe and John Lipe are based in Charlotte, while Kevin Phillips operates from a new wealth management office in Lake Norman, NC.

Wilmington Trust, part of M&T Bank, brought in Frederick Hopkins as a Baltimore-based senior relationship manager, as the firm looks to target more high net worth individuals throughout Maryland.

Hopkins joined from Legg Mason Investment Counsel, where he was a principal and advised high net worth clients in Baltimore.

Will Garlow, group vice president of Wilmington Trust's Maryland-based wealth management team, said the firm is expanding its office there to serve HNW clients in Baltimore and throughout Maryland.

JP Morgan named Jonathan Conner as head of its Middle East private banking team, and Ramsey Jallad was appointed an executive director and senior banker for the team.

Conner was previously a senior banker on the Middle East team. Based in Geneva, he will report to Pablo Garnica, head of JP Morgan Private Bank EMEA.

Jallad will primarily concentrate on advising and cultivating relationships with private clients in the Middle East region, with a particular focus on Kuwait, Bahrain and Oman. Based in London, he will report to Conner.

The previous head of the Middle East team, Paolo Moscovici, is now head of the emerging markets team at the private bank.

The Carlyle Group, an alternative asset manager, hired Jacques Chappuis from Morgan Stanley as a managing director and head of its solutions business.

At Morgan Stanley Chappuis was president of Alternative Investment Partners, a $29 billion fund-of-funds business employing around 220 people. He joined Carlyle in May, based in New York, and will look at how to consolidate the firm’s products and launch new ones to match investor demands.

Genworth Financial appointed its chief financial officer as executive vice president of the business, with responsibility for driving key strategies such as growing the wealth management business and creating more value.

Martin Klein, who took over as CFO in May 2011, has operational responsibility for Genworth’s international protection and wealth management segments, its corporate and “other” division, and for corporate development activities.

At the wealth management business he will help the team develop new products and services to foster growth among financial advisors.

McInerney took over as CEO on January 1, 2013. He was previously an advisor at The Boston Consulting Group. Before his appointment Klein had been serving as acting CEO since May 2012, when former CEO and chairman Michael Frazier resigned.

At the time, James Riepe became acting non-executive chairman of the board, a role he has maintained.

Newport Beach, CA-headquartered United Capital Financial Advisers brought in Rob Brown as a senior vice president and chief investment strategist to enhance the firm’s investment and advice platform.

Brown has over 25 years of experience in portfolio management for large foundations, endowments, pensions and ultra high net worth investors. His past roles have included senior positions at Genworth Financial, SEI and Envestnet.

JP Morgan named Jose Berenguer as senior country officer for Brazil - a market which the firm said is one of its most important in Latin America. 

Berenguer takes up his role on April 1 and will report jointly to Mary Callahan Erdoes, chief executive of JP Morgan Asset Management, and Martin Marron, CEO of JP Morgan’s Latin America business.

Berenguer was latterly CEO of structured credit at Gavea Investimentos, having joined the firm in March 2012. In October 2010, JP Morgan Asset Management purchased a majority interest in Gavea.

Beacon Trust Company, a Morristown, NJ-based subsidiary of The Provident Bank, hired Maria Di Zio as a vice president and portfolio manager.

Di Zio is responsible for portfolio restructuring and analysis, working with the firm’s chief investment officer to create and manage asset allocation strategies for trust and high net worth clients.

She has nearly 20 years of experience in the financial industry, having previously spent eight years as a vice president and portfolio manager at BNY Mellon Wealth Management in New York City.

Three former Bank of America Merrill Lynch advisors joined Hilliard Lyons, the Kentucky-headquartered wealth manager, in North Carolina.

Peter Shanahan, Dwayne Powell and Deane Gauthier operate as the SPG Group and managed $165 million in client assets at Merrill. They joined Hilliard Lyons in Hendersonville, where they launched a new office for the firm.

The trio was joined by client service associates Ann Lamb and Kelly Maumenee, also formerly with Merrill.

Los Angeles, CA-headquartered Cohen Asset Management, which specializes in real estate, hired John McNamara from Goldman Sachs to lead its East Coast asset management division.

McNamara will be based in Edison, NJ, while the firm's East Coast regional office is located in Rutherford, NJ.

McNamara will oversee the analysis of new investments across the firm’s East Coast target markets: New Jersey, Eastern Pennsylvania and Baltimore/Washington. He will also provide asset management services for company-owned properties within those target locations.

Minneapolis, MN-based Ameriprise Financial boosted its advisor force in Florida with the addition of veteran Morgan Stanley Wealth Management advisor Chris Barley.

Barley had worked at Morgan Stanley since 1982 and was latterly a senior vice president; he managed $170 million in client assets and generated approximately $1 million in annual revenue.

Barley joined Ameriprise’s traditional employee division, which has some 2,300 advisors across the US. Ameriprise also has an independent division made up of about 7,500 advisors who run their own practices and function as business owners.

Meanwhile, in a separate move the New York-listed firm hired branch manager Mark Feiler - also from Morgan Stanley - in the Detroit region.

Grayson Hall, president and chief executive of New York-listed Regions Financial, was elected by the firm’s board of directors to succeed Earnest Deavenport as chairman, with effect from May 16.

Deavenport will retire from the board on the eve of the company’s 2013 annual meeting of stockholders.

Deavenport had served as a director since 1999 and assumed the position of non-executive chairman in 2010, while Hall had served as Regions’ president and CEO since March 2010.

The board also elected Charles McCrary, CEO of Alabama Power, as chairman of the nominating and corporate governance committee, also effective from May 16. He will serve as the board’s lead independent director.

The Alternative Investment Management Association, the global hedge fund association, named two deputy chairmen from its existing directors - including a leading figure from the Asian industry  - and also an investor-appointee to the AIMA Council.

The new deputy chairmen were Andrew Bastow, head of government and regulatory affairs and general counsel, Winton Capital Management; and Chris Pearce, Asia chief operating officer at Marshall Wace Asia.

The new investor-appointee was Robert De Rito, who is head of financial risk management, APG Asset Management US.

Bastow had been Winton’s general counsel since 2005 and leads its engagement with regulatory bodies and lawmakers in Europe, the US and the Far East.

Pearce had been COO of Asia for global long-short manager Marshall Wace since 2006.

De Rito has global risk-management responsibility for APG’s hedge fund and fixed income investments, as well as responsibility for real estate and other alternative investments for the Americas.

Irving, TX-based Jones Colby & Tondre named Dustin Tondre as a managing director and financial advisor, responsible for the day-to-day operations of the firm.

Prior to founding Jones Colby & Tondre, Tondre worked with high net worth clients at USAA Wealth Management.

Meanwhile, Brad Little also joined as a wealth manager, having previously spent about two years at USAA Wealth Management. His responsibilities at JCT include guiding affluent individuals and families through all stages of wealth planning.

HighTower opened up in the Philadelphia market after having signed up The Sarian Group to its partnership.

The Sarian Group is led by Gregory Sarian and Francis Masse, who both joined HighTower as partners and managing directors.

It specializes in working with emerging life science companies and the entrepreneurs who lead them in the Philadelphia area.  

The team manages $650 million for high net worth clients. Sarian worked for Merrill Lynch from 1992 until 2013, founding The Sarian Group in 1997. Masse joined Merrill Lynch in 1999 and became part of the Sarian team in 2003.

UBS Wealth Management Americas hired Henry Berkley as a financial advisor in New York from Morgan Stanley Wealth Management.

Berkley, who has over 30 years of industry experience, joined UBS’s Madison Avenue office in Manhattan. He previously had annual revenue production of nearly $1 million and was based in Morgan Stanley’s New York Plaza office.

Berkley worked as an advisor at Citigroup and joined Morgan Stanley following the merger of Citi’s Smith Barney and Morgan Stanley’s wealth unit in 2009.

Morgan Stanley Wealth Management brought in a trio of financial advisors from Bank of America Merrill Lynch in California.

Nikesh Kadakia, Joseph Pastore and Kirk Snyder joined in El Segundo. They previously had annual revenue production of nearly $1.3 million.

Kadakia and Pastore worked at Merrill for over a decade and moved to Morgan Stanley’s Manhattan Beach branch, which is managed by David Fahey.

Citi Private Bank brought in Bruce Stewart as a director and investment counselor in Boston, MA.

Stewart will report to Michael Persinski, of Citi Private Bank US investments, as team leader for the Boston office. As such, he will handle all Boston-related investment business for the private bank.

Stewart joined Citi from TD Wealth in Boston, where he spent two years as co-head of investments, actively managing $10 billion in third-party managers across equity, fixed income and alternative assets in 12 model portfolios. 

Bellevue, WA-based Clark Nuber, the chartered public accountancy and consulting firm, hired Steve Brilling as director of family business.

Brilling latterly served as the executive director of Seattle University’s entrepreneurship center and continues to lead the university’s family business program.

Clark Nuber said the addition of Brilling, who also serves on the board of Northwest Family Business Advisors, will enable the firm to expand its offerings in business succession and strategic planning to clients in privately-held and family businesses.

Dan Rezin and Dave Barton purchased ownership interests in Rockford, IL-based Savant Capital, a national advisory firm.

Rezin serves as chief financial officer, while Barton leads the advisory team as director of advisory services and business development. Rezin was appointed as CFO in August 2012.

The Savant ownership group is now comprised of 18 of its employees.

Financial advisors Jeff Faucette and Tony Williams joined the Huntington, VA, branch of Raymond James & Associates, the broker/dealer subsidiary of Raymond James Financial.

The team operates as The Williams Faucette Advisory Group and came from Merrill Lynch, where they managed over $124 million in client assets and had annual fees and commissions of close to $1 million. The pair specializes in investment, retirement and financial planning for families and business owners.

Faucette started his financial services career 27 years ago. He worked at Banc One Investment Management Group as the state coordinator for institutional services before joining Merrill Lynch in 2002. Williams is a 34-year veteran of Merrill Lynch and has served as the resident manager of the Huntington, VA, office for 22 years.

Senior wealth managers George Padula and Adam Leone were made partners at Boston, MA-based Modera Wealth Management.

Padula and Leone joined owners Tom Orecchio, Greg Plechner, Mark Willoughby and Robert Siefert as partners. Leone joined the firm in March 2006, while Padula started in 2008.

The Private Client Reserve, a unit of US Bank that targets high net worth clients with over $1 million in investable assets, brought in Mary Justice to serve as market leader in the greater Seattle area.

Justice will lead a team of wealth management professionals providing investment management, private banking, trust and estate services and financial planning to HNW clients.

She has 25 years of experience consulting with and leading teams who work with HNW individuals, families and foundations. Prior to joining the PCR, she led asset protection consulting and insurance services as a senior vice president for the Pacific Northwest region at Marsh.

Janney Montgomery Scott brought in John Kline - latterly of UBS - as executive vice president of wealth management in Raleigh, NC.

Kline oversees $180 million in client assets and is joined by account executive Joshua Brien and registered private client assistant Nicole Apen, who together make up the Kline Wealth Management Group.

Kline spent the past eight years at UBS, having previously worked at Morgan Stanley Smith Barney (now Morgan Stanley Wealth Management). 

National Philanthropic Trust named Wayne Walker as the new chairman of its board of trustees, following the departure of Jeffrey Lauterbach. 

Walker is a principal of Walker Nell Partners, where he focuses on corporate restructuring and turnaround management, corporate governance and fiduciary services.  

Lauterbach, who served for six years on NPT’s board, is an independent trust and wealth planning consultant.

Gumbiner Savett, a full-service accounting and consulting firm, promoted two of its staff members to manager: Stanislava Niatylka is now a tax manager and Joseph Ventura is an audit manager.

Niatylka has been at the firm for five years and works with high net worth individuals and middle-market companies in the areas of tax planning, compliance and consulting in various industries such as real estate, construction, manufacturing and professional services.

Ventura is an audit and accounting specialist who works with clients of various sizes such as venture-backed start-ups. He also specializes in the audits of employee benefit plans.

Minneapolis-based Marquette Asset Management, the wealth management firm, promoted Adam Mans to president.

Mans will be responsible for the day-to-day operations of the firm and oversee investment research, portfolio strategy and relationship management. He will report to John Beuerlein, chairman and chief investment officer who oversees investments for Marquette Asset Management and the Pohlad family (Marquette AM is part of Marquette Financial Companies and is owned by the Pohlad Companies).

Mans joined Marquette in 2005 and has worked at Piper Jaffray, Securian Financial Services and Woodbury Financial Services on behalf of clients at Marquette.

New York-listed Prudential Financial named Robert Falzon as executive vice president and chief financial officer, succeeding Rich Carbone, who is retiring, and reporting to vice chairman Mark Grier.

The firm also appointed Ken Tanji as a senior vice president and treasurer, reporting to Falzon. Meanwhile, John Hanrahan will return to the US to become senior vice president, chief administrative officer and CFO for the international businesses, while Shoichiro Ichitani succeeds Hanrahan as president of Prudential of Japan. Hanrahan and Ichitani will take up their new roles on April 1.

Although retiring from the CFO position, Carbone agreed to continue serving as an executive vice president. In this role, he will provide transitional support and strategic leadership on certain projects.

Ichitani is currently director, executive vice president and chief marketing officer at Prudential of Japan.

New York-listed BlackRock appointed Gary Shedlin as a senior managing director and chief financial officer, succeeding Ann Marie Petach, who moved to BlackRock Solutions as a senior managing director within the client solutions business.

Shedlin joined from Morgan Stanley, where he was vice chairman of investment banking and a managing director in the financial institutions group. At BlackRock, he will serve as a member of the firm’s global executive committee, reporting to chairman and chief executive Laurence Fink.

As CFO, Shedlin will oversee corporate finance functions including business finance; accounting; finance operations; tax, treasury and risk management; and investment products and controls. He will also be responsible for investor relations and corporate development, as well as strategy, co-reporting to Fink.

He starts on March 11 and will work closely with Petach through a transition period until she completes her tenure as CFO following the reporting of BlackRock’s first quarter earnings results. Shedlin will assume the role of CFO at that time.

Meanwhile, in her new role Petach will help develop client relationships and business initiatives, with a focus on offerings for public and private pension funds.

Baltimore, MD-headquartered Legg Mason, one of the largest asset managers in the US, named Joseph Sullivan as its president and chief executive.

Sullivan, who was also appointed to the firm’s board of directors, had served as interim CEO since October 2012 following the departure of chairman and CEO Mark Fetting, who remained as a consultant to the company through year-end. Sullivan joined BlackRock in 2008 as senior executive vice president, chief administrative officer and was most recently head of global distribution.

He said in a statement that the firm is focused on growth, both organically and via acquisitions of teams and firms that “build and diversify” its affiliate managers and fill “product gaps.”

Meanwhile, Dennis Kass was also added to the firm’s board of directors. Kass, who takes up his new role on April 1, last year retired as CEO of Jennison Associates, an asset management firm that is wholly-owned by Prudential Financial.

Schroders’ chief executive for North America since 2006, Jamie Dorrien-Smith, is retiring on July 1 after 19 years at the firm and will be replaced by Karl Dasher, head of fixed income.

Meanwhile, chief investment officer, Philippe Lespinard, will become co-head of fixed income and will join the group management committee. 

Blackstone Alternative Asset Management, a division of New York-listed Blackstone, appointed Anthony Maniscalco as a managing director within its investment team.

Maniscalco is the former head of alternative asset management within Barclays’ financial institutions investment banking division. In his new role at Blackstone, he will work with Greg Hall, a senior managing director, and other team members in building out the firm’s platform to purchase ownership interests in hedge fund businesses.

Philadelphia, PA-based Janney Montgomery Scott merged its Linwood and Margate offices in New Jersey, naming Stephen Marchel branch manager of the newly-combined Linwood-based branch.

Marchel previously served in the same role in Margate. He has over 25 years of industry experience and joined Janney in 2008 as branch manager.

Members of Marchel’s team - The Marchel Wealth Management Group - also relocated to the Linwood office. They include: Daniel Campbell, assistant vice president of investments; Tracy Fiedler-Santoro, first vice president of wealth management; Ted Khoury, account executive; and John Casale, operations assistant.

First Republic Bank appointed senior vice president Jason Bender to the newly-created position of chief administrative officer.

Bender currently manages First Republic’s finance department but will assume additional responsibilities for lending operations and servicing, as well as administrative services. He joined First Republic in 1999 and has led the bank’s finance department since 2001. 

Raymond James & Associates, the broker/dealer subsidiary of Raymond James Financial, nabbed another financial advisor team from Morgan Stanley, this time in Houston, TX.

Financial advisors and senior vice presidents Marlene Fowler and Christopher Fowler operate as the Fowler Financial Group and previously managed over $70 million in client assets, with annual fees and commissions in excess of $700,000.

Prior to joining Morgan Stanley, the husband-wife team spent a combined 29 years at AG Edwards, where they managed more than $100 million in client assets and had annual revenues of some $1 million. They left AG Edwards for Morgan Stanley when it was acquired by Wachovia in 2007.

Columbia Management, a subsidiary of New York-listed Ameriprise Financial, appointed Jeffrey Knight to the newly-created role of head of global asset allocation.

Knight joined from Putnam Investments, where he most recently managed several mutual funds and institutional strategies as head of global asset allocation.

Citi Private Bank named Keith Gertsen as a managing director and team leader in Greenwich, CT, with effect from March 18.

Reporting to Paul Hubert, global market manager for the eastern region, Gertsen will have responsibility for client acquisition, managing client relationships and shaping a hedge fund and alternative investments strategy.

Gertsen has 22 years of experience in capital markets, having held management and production roles on both the sell and buy side of the business. Hubert said Gertsen’s experience will be instrumental in helping to shape the bank’s approach to the alternative manager client base.

Dynasty Financial Partners brought in Michael Moriarty as director of investment platforms, while also adding to its investment committee.

Based in New York City, Moriarty will develop Dynasty’s investment management solutions, including the firm’s separately-managed account and unified managed account capabilities (these are delivered in partnership with Callan Associates, a US institutional investment consulting firm, and Envestnet). Moriarty has 20 years of experience in the financial services industry, primarily in managing businesses investing in and allocating to hedge funds.

Reporting to Dynasty chairman Todd Thomson, he will also drive a number of “major” investment initiatives, the first of which is Alternative Direct Solutions - a platform for accessing hedge funds in both limited partnership and mutual fund form - in partnership with Wilshire Associates.

Moriarty also joined Dynasty’s investment committee, along with Jim Brown and Judah Kraushaar. Brown is a founder and managing partner of Long Ridge Equity Partners, which is a private investment firm focused on the financial services sector, while Kraushaar is a managing partner at Roaring Brook Capital, a long-short equity fund launched in 2007.

UBS Wealth Management Americas reinforced its broker network in Providence, RI, with the addition of advisors Jamie Hilton and Kara Museler from Morgan Stanley Wealth Management.

Hilton, who has worked in the industry for 30 years, was a senior vice president at Morgan Stanley. He and Museler were based out of Morgan Stanley's Newport, RI, office.

Brown Advisory appointed Porter Schutt and Bill Dugdale as partners in Wilmington, DE.

Schutt will oversee the Wilmington office and draw on his expertise in global equities to develop solutions for private clients and non-profits. Meanwhile, Dugdale will be primarily responsible for the office’s client service and advisory functions, while also sharing his investment views with the firm. 

Schutt joined from Marvin & Palmer Associates, a global equity management firm, where he was a partner and portfolio manager for emerging markets and domestic large-cap growth equity portfolios. Dugdale is latterly of Friess Associates, a Wilmington-based investment firm where he most recently served as client relationship manager and portfolio specialist. 

Charlotte, NC-based Capital Guardian, a boutique wealth management firm, appointed C Michael Spivey as vice president of business development to lead the firm’s West Coast expansion.

Spivey will focus on growing the firm’s roster of independent advisors and supervisory jurisdiction offices. He has over 30 years of experience in the financial services industry.

New York City-based OpenArc Asset Management appointed Michael Warszawski as a partner. 

Warszawski is the former chief executive of Bank Hapoalim Switzerland, having previously served as CEO of PAM Global Investments, a London-based asset management boutique. 

DST Global Solutions, a provider of technology and data management solutions for the investment management industry, bolstered its North American business development team with two senior hires. 

Holli McCaffery, a director of business development, and Karleen Fallon, a marketing manager, were brought in to steer growth for Anova, the firm’s technology solution for investment managers.

McCaffery has over eight years of industry and business development experience, having most recently been a senior business development manager at StatPro. Fallon has six years of business-to-business marketing in financial technology solutions. 

The wealth and investment management division of Barclays brought in 16 investment representatives from a host of firms including Goldman Sachs, BNY Mellon, US Trust and Credit Suisse, across seven US offices.

Ramon Hache, a managing director, and directors Stephen Brazell and Joseph Chung joined in New York from Deutsche Bank’s markets coverage group.

Meanwhile, also in New York from Merrill Lynch’s global wealth management unit is Steven Guggenheimer, a director, and vice president George Zaki.

Concluding the New York hires was Jonathan Mann, who started as a director from AllianceBernstein.

All six of the New York appointees report to Mark Stevenson, managing director and regional manager for New York.

Barclays also bolstered its foothold in Texas, bringing in three directors from the private wealth management division of Goldman Sachs. This team reports to Steve Head, managing director and regional manager for Texas.

Don Childress has some 14 years of experience serving HNW clients and families and spent the five years prior to his stint at Goldman Sachs in the tax accounting and investment banking divisions at Price Waterhouse.

Jeff Collins previously worked in real estate development at Austin Capital Partners and has over 15 years of wealth management experience.

Lastly, Neil Stone has about 14 years of experience serving HNW clients and families and has worked within the investment banking division at Prudential Securities and in loan syndication at Texas Commerce Bank, Chemical Bank.  

In Beverly Hills, Watt Webb joined as a director from BNY Mellon, where he was a senior director of portfolio management serving UHNW families, executives, hedge fund managers and business owners.

Warren Cohn, also a director, joined from US Trust, where he was a senior private client advisor providing wealth planning and financial management services to clients within the entertainment and sports industry.

Webb and Cohn report to Brian Sears, managing director and regional manager for the Los Angeles and Beverly Hills offices.

In Los Angeles, CA, Adam Morgens was appointed as a vice president. He reports to Sears and joined the organization from the institutional sales division of UnionBanc Investment Services, which is the broker-dealer subsidiary of Union Bank.    

In Boston, MA, Barry Pederson started as a director, bringing with him 20 years of financial services experience. At his predecessor firms - Morgan Keegan, Sterne Agee & Leach and AG Edwards - he was a partner on the institutional sales and research teams.

Pedersen reports to Marty Courage, managing director and regional manager for Boston.

Meanwhile, in Chicago, IL, Adam Strauss joined as a vice president from the private wealth management division of Goldman Sachs, where he served HNW individuals and families. He reports to Bill Scherr, director and regional manager for Chicago.

Rounding off the hires, Ileana Platt and Rafael Urquidi were brought in in Miami, FL, as directors from the private banking division of Credit Suisse.

Platt and Urquidi report to Marilyn Gonzalez, director and regional manager for Miami.

Private Ocean, a wealth manager based in Marin County, CA, changed its leadership structure to appoint co-founder Richard Stone as chairman, a new role at the firm, and co-founder Greg Friedman as chief executive.

As chairman, Stone will continue to serve the firm and be active in the local community in a number of board and committee roles. He has been in the industry for over 40 years now.

Meanwhile, Friedman will continue as president of Junxure, which he founded in 2001, as well as being CEO of Private Ocean. Junxure is a practice management firm that combines technology, training and consulting for financial advisors.

Sidley Austin, the international law firm that caters to the financial services industry, made Andrew Auchincloss a partner within the private clients, trusts and estates group in New York.

Auchincloss focuses on estate and investment planning strategies under US law for individuals and families in the US and globally. Prior to joining Sidley, he was a director in the wealth management group at AllianceBernstein.

Citi Private Bank continued to ramp up its presence in key markets, adding Amy Welzer as a managing director on the ultra high net worth team in Chicago, IL.

Citi hired Welzer from JP Morgan Private Bank’s office in Chicago, where she was managing director, with responsibility for private client relationships in the Midwest.

She joins Citi’s team on March 7, reporting to Michael Smith, general market manager of the Midwest region.

The chairman of Goldman Sachs Asset Management, Jim O’Neill, is retiring from the firm later this year, after 20 years of service.

The role of chairman of GSAM was specifically created for O'Neill, and therefore the firm does not expect to replace him.

O’Neill, who is based in London, joined Goldman Sachs in 1995 as a partner, taking on the roles of co-head of global economics research and chief currency economist.

Morgan Stanley Wealth Management hired a financial advisor from Wells Fargo and an advisory team from JP Morgan, in Pueblo, CO, and New York respectively.

Calvin Mason joined the Pueblo office from Wells Fargo and reports to complex manager Thomas Octigan. Mason has a production of $1,426,000 and previously oversaw $144 million in assets.

Meanwhile, the Sheresky/Samsen Group - comprised of Steven Sheresky, Jeffrey Sheresky and Jeffrey Samsen - joined Morgan Stanley’s Midtown Manhattan complex from JP Morgan, where they previously had $290 million in assets. The trio reports to complex manager Ben Firestein.

Capital Bank appointed F Britt Borders as a wealth management executive to oversee its investment sales and trust businesses.

Borders has 26 years of experience in the financial services industry and previously served as director of wealth management for Community & Southern Bank, charged with creating a high net worth division. Borders held a similar position at Buckhead Capital Management in Atlanta, GA, and also served as director of the wealth advisory group at First Citizens Bank.

Henderson Global Investors took on credit manager Kevin Loome and five US credit specialists from Delaware Investments.

Based in Philadelphia, PA, the team reports to Loome, who in turn reports to global head of credit Stephen Thariyan. 

The five credit specialists are: Charles Devereux, head analyst; Devon Everhart, senior analyst; Douglas Zinser, senior analyst; Matthew Fanandakis, analyst; and Gregg Gola, trader and analyst.

Citi Private Bank brought in Luke Palacio as managing director and regional market manager for the Southeast region, as the firm also looks to expand its ultra high net worth Latin American business. 

Based in Miami, FL, Palacio is tasked with reinforcing the firm’s presence throughout South Florida and beyond what Citi describes as the “key locations” of Miami, Boca Raton and Palm Beach. He will also instigate a strategic focus on UHNW Latin American clients based in North America.

Palacio takes up his role on March 18 and will report to Paul Hubert, global market manager for the Eastern region. Palacio has around 20 years of industry experience, of which a significant proportion has been spent focusing on the UHNW market in the Southeast region and Latin America.

Meanwhile, Palacio is also tasked with expanding Citi’s UHNW group across Latin American markets such as Chile, Argentina, Peru and Colombia. In this capacity, he will report to Genaro Poulat, global market manager for Latin America.

Palacio joins Citi from JP Morgan Private Bank, where he was a managing director and senior banker in Miami and led a team that serves UHNW families. He also served for seven years as a member of the private bank's Latin America operating committee.

Chicago’s Strategic Philanthropy opened a West Coast office, appointing a long-time Morgan Stanley wealth manager to head up operations there.

Carola Barton will lead the new Santa Cruz, CA, office, as managing director for the West Coast. She was latterly director of commitments for the Clinton Global Initiative-Asia, a project run by the Clinton Foundation, and also previously worked at Morgan Stanley for 16 years.

At Strategic Philanthropy, which is a philanthropic advisory firm, she will build relationships with legal and financial advisors based on the West Coast and support client engagements.

Meanwhile, the firm also promoted Mollie Bunis to the role of director of philanthropic services. Bunis has worked at Strategic Philanthropy for nine years. Going forwards, she will oversee the delivery of services to ensure that best practices and the firm’s value proposition are embedded into all contact with clients.

Calamos Asset Management announced a change to its leadership team.

James Boyne took over as president and chief operating officer. Boyne has been with the firm for nearly five years. Most recently, he served as executive vice president and chief operating officer since November 2011. It is not clear who he replaces in his new role.

In a separate move, Arthur Knight has retired from his position on the board of directors at Calamos Asset Management after 10 years of service. Knight retired on January 30 of this year.

Highland Capital Management, a Dallas, TX-based investment management firm, hired Andrea Lloyd as a credit trader and Scott Baker as a director.

Lloyd re-joined Highland having once worked there for six years and now trades bank loans and high yield bonds in the primary and secondary markets. Based in Dallas, she reports to Josh Terry, managing director and head of structured products and trading.

Meanwhile, Baker is responsible for identifying new opportunities, assessing risk and conducting due diligence on the firm’s investment ideas, as well as developing investment recommendations. He is also based in Dallas and reports to Martin Downen, managing director.

Before joining Highland, Baker worked as an investment associate for Sankaty Advisors, the credit affiliate of Bain Capital.

Charter Trust Company, a New England-based privately-held wealth management firm, made a string of senior promotions.

In Concord, NH, Diane DeStefano was promoted to senior vice president and wealth manager. DeStefano had been with Charter Trust since 2000 and has over 25 years of experience in investments and financial planning.

Meanwhile, Jeanne Owens was named as vice president and tax accounting officer, while John Carlson was promoted to senior vice president of information technology. Carlson had been with Charter Trust since 1999 and has 27 years of experience in the IT field.

Lastly, Elizabeth Kapp was appointed as a senior vice president and wealth advisor. Kapp had worked at Charter Trust since 2001 and is based in Meredith, NH.

Kansas City, MO-based American Century Investments appointed Edward Boyle as a vice president and co-portfolio manager of non-US fixed income and global fixed income strategies.

Boyle joined American Century from FX Concepts, where he managed a portfolio of currencies and futures. Prior to that, he was a member of the global macro trading and research team at Brevan Howard, having previously served as a quantitative researcher and trader at Escher Capital.

San Francisco, CA-headquartered Union Bank boosted its network of private bankers in California, appointing Melissa Gough as a regional director and Roy Martinez, Christopher O’Connor, Todd Stornetta and Nancy Quackenbush as senior private bankers.

Based in Santa Barbara, Montecito and Monterey, the team of private bankers will advise clients across California's Central Coast region. They will provide wealth planning, investments, risk management, trust and estate services, and banking to professional services firms and high net worth individuals and families.

Gough has over 20 years of experience working with HNW clients, most recently as an executive director and regional manager at Morgan Stanley Private Bank.

Martinez was latterly a private client manager at US Trust, while O’Connor joined Union Bank following a 20-year stint at Santa Barbara Bank & Trust, formerly as a senior vice president and senior relationship manager.

Stornetta also joined from Santa Barbara Bank & Trust, where he served HNW clients in the Monterey region. Lastly, Quackenbush was latterly a vice president and wealth management banker at Bank of America Merrill Lynch.