Deutsche Bank, Germany’s biggest bank, announced
that John Andrews will join as head of investor relations, effective September
1, reporting Stefan Krause, chief financial officer. He previously worked at
Citigroup, where he held the same role.

During his more than 25-year career in finance, Andrews has
been in investor relations for over 17 years and served as HR chief at
Citigroup, Goldman Sachs and Morgan Stanley. He began his career at Morgan
Stanley.

As part of the change, Joachim Mueller, who was head of
investor relations, has assumed the role of CFO for Europe, the Middle East and
Africa at Deutsche Bank.

Cetera Financial Group, the California-based family of
broker-dealers that provide wealth management and advisory platforms, appointed
Steve Dunlap as executive vice president and head of wealth management,
reporting to chief executive Valerie Brown.

Dunlap will be responsible for the strategic development and
expansion of Cetera’s wealth management services. He replaced Barnaby Grist.

Most recently, Dunlap served as president and chief
executive of Lockwood Advisors, which operates as the retail distribution arm
of BNY Mellon, and as president of managed investments at the company’s Pershing
unit.

The World Gold Council, the market development organization
for the gold industry, appointed Kevin Feldman as managing director of
worldwide investment, based in New
York.

Feldman joined from BlackRock, where he was head of iShares
marketing. He will be responsible for growing the organization’s portfolio of
commercial partnerships, and enhancing its market leadership in gold
exchange-traded funds and other gold products.

Previously, Feldman held positions at Barclays Global
Investors, Vanguard and Charles Schwab & Co.

BNY Mellon Wealth Management appointed three new directors
for the Mid-Atlantic region.

Michael Barron, Marisa Facciolo and Kevin Leigh were named
senior directors for business development, reporting to Garrett Alton, managing
director and regional sales manager.

Barron is based in Philadelphia,
PA. He previously worked with ICC
Capital Management, where he served as director and portfolio manager. Prior to
that, he founded Revolution Capital, where he was a principal and portfolio
manager.

Facciolo started in early May and divides her time between Philadelphia and Wilmington,
DL. Prior to joining BNY Mellon, she was a wealth strategist at Northern Trust.
Between 2007 and 2010, she served as senior private client advisor at
Wilmington Trust.

Leigh joined the firm in May and is based in Philadelphia. She was
previously an investment banker with Griffin Financial Group and served as
managing director at Keystone Equities Group, from 2003 to 2009.

New York-based Signature Bank appointed a new private client
banking team, based at its White Plains, NY, office in Westchester
County. David Pilossoph
and Marie Moreno were both named group director and senior vice president.

Pilossoph has spent 35 years at Citibank in the Westchester
area, most recently as vice president and branch manager at its Main Street branch
in White Plains
- a role he held for 23 years.

Moreno was a vice president
and branch manager at Citibank's Mamaroneck
Avenue branch in White Plains, where she focused on business
banking, primarily for professional services entities. Before being promoted to
this branch manager role, she worked with Pilossoph for nearly two decades.

Diane Fracasse joined Pilossoph and Moreno as a senior client associate. Fracasse
was assistant branch manager for Pilossoph at the White Plains branch, where she provided
sales, service and operational support.

Pennsylvania-based investment management and advisory firm
Drexel Morgan Capital Advisers, formerly known as McCabe Capital Managers, appointed
Christine Walker as vice president and senior portfolio manager.

Walker joined from BNY Mellon
Wealth Management in Philadelphia,
where she was senior portfolio manager and vice president.

In her new role, Walker
will be responsible for client portfolios and relationships, design and direct
investment and asset management strategies, and developing new business for the
firm. She will also serve as a member of the investment committee.

The Private Client Reserve of US Bank appointed Scott Wiley
as a senior private banking officer, working with high net worth individuals
and families in San Francisco,
CA.

Wiley has over 14 years of experience in the banking and
financial services industry and joined US Bank from Wells Fargo, where he was a
senior private banking vice president. Previously, he was as a private client
advisor at Smith Barney, working within Citigroup’s HNW group.

The Private Client Reserve of US Bank took on Andrea Kaempf
as a personal trust managing director in Seattle,
WA.

Kaempf has over 20 years of experience in the financial
services industry, with an extensive background in complex trust
administration, asset allocation, and managing private foundations.

Prior to joining the PCR, Kaempf held leadership roles with
Bank of America’s philanthropic management practice and most recently worked at
BoA’s US Trust division in Seattle and Bellevue, WA.

Beverly Hills, CA-headquartered Lourd Capital Management, an
independent investment advisory and financial planning firm, appointed Cole
McNown as vice president.

McNown joined LCM from JP Morgan Private Bank, where he
focused on managing client relationships. Before that, he served in the private
wealth division of UBS.  

Philadelphia, PA-based Janney Montgomery Scott recruited
Neil McCauley as senior vice president of wealth management in Lancaster, PA.

McCauley oversees approximately $98 million in client assets
and was joined by W Robert Poff and Cindy Bomberger to form The McCauley Group.

McCauley is formerly of Wells Fargo, where he spent the past
four years. He worked at Wachovia from 2006 to 2009, having previously been at
Legg Mason for 22 years.

HSBC Private Bank appointed William Murphy as a senior vice
president and relationship manager in Miami,
FL.

Murphy, with over 30 years' wealth advisory and banking
experience, joined HSBC after 27 years at Northern Trust, where he most
recently served as a senior wealth strategist.

Reporting to Victoria Garrigo, southeast regional manager
for the private bank, Murphy will serve high net worth individuals in the
Southeast region of the US.

T Rowe Price, the Baltimore-based global investment
management firm, elected former US
Senator Olympia Snowe as an independent director of the company.

Senator Snowe served in the US Senate from 1995-2013, and as
a member of the US House of Representatives from 1979-1995. She is currently
chairman and chief executive of communications company Olympia Snowe and a
senior fellow at the Bipartisan
Policy Center.

Oppenheimer Asset Management, a unit of New York-listed
Oppenheimer Holdings, appointed Tim Pynchon as managing director and portfolio
manager for high-yield, tax-exempt funds. He will be based in Boston, MA.

Pynchon - latterly of Pioneer Investment Management - has
worked in the asset management business since 1982. Throughout his career, he
has focused on high-yield, tax-exempt fixed income products, working as a
portfolio manager, underwriter, analyst and restructuring specialist.

Brown Advisory hired Vincent Burke as a senior advisor,
tasked with using his experience as a lawyer and fiduciary to serve clients
throughout the US and expand
the firm's presence in Washington,
DC.

Since 2007, Burke has served as managing director and
counsel at Bank of Georgetown. He will continue in those roles in addition to
his new position at Brown Advisory.   

Earlier in his career, Burke served as partner at Furey,
Doolan & Abell in Chevy Chase, MD, and at Reasoner, Davis & Fox in Washington, DC.

Montecito Bank & Trust hired Suzi Schomer as a vice
president and business development officer, reporting to Jeff Pittman, senior
vice president and director of wealth management.

Schomer has around 30 years of experience in the financial
services industry, focused on providing clients in California,
Portland, OR,
and Austin, TX, with investment and asset management
services. During her career she has also developed and implemented wealth
management strategies for trust, investment management and private banking
clients. 

Ruston, LA-based Argent Financial Group and its
newly-created subsidiary, Argent Trust, named Meredith Strutt Mighty as
business development officer, responsible for client development and relationship
management for individual and institutional clients.

Mighty joined from APG, a small family office services
company which she co-founded in 2006. She started her career in 2002 as a
research associate and client service representative at Legg Mason Capital
Management.

Raymond James Financial Services, an independent
broker/dealer subsidiary of Raymond James, recruited a new team in the shape of
Illinois-based Dashboard Wealth Advisors.

The team joined from Morgan Stanley, where they managed over
$240 million in client assets and had annual fees and commissions of $1.9
million.

DWA is led by managing director, Scott Schuster, who is also
a financial advisor at Raymond James. He is joined by his business partner,
Paul Casazza - also an advisor at Raymond James - as well as operations
manager, Mary Phillips, and DWA’s chief financial officer, Heather Schuster.

The trio also worked together at Morgan Stanley, where they
operated as the Schuster-Casazza Group.

Northern Trust promoted David Williams to the role of sales
director for wealth management.

Williams, with more than 27 years’ experience in the
financial services industry, has spent 15 years at Northern Trust. Before
joining Northern Trust, he held a variety of wealth management and commercial
banking positions at First Midwest Bank, Firstar Bank and Lake Shore Bank.

Williams succeeded Brett Rees, who now leads Northern
Trust’s Mid-Atlantic region from the firm’s Washington, DC,
office. In his new role, Williams will report to Jana Schreuder, president of
wealth management at Northern Trust, joining Schreuder’s executive leadership
team.

BMO Private Bank appointed Dan Barron as managing director
in Rockford, IL,
and Kathy Weber as managing director in Chicago,
IL.

Weber, with more than 30 years' experience in financial
services, has been managing BMO Private Bank's team of wealth management
professionals in Rockford
for over a decade (three years with BMO, seven years prior to that with AMCORE
Bank). Weber led the private banking operations for all of AMCORE Bank.

In her new role, Weber will lead a team of wealth advisors,
private bankers and portfolio managers.

Barron, with more than 30 years' financial services
experience, including 17 years at BMO Financial Group, most recently held the
role of regional president in the northern region of Wisconsin, where he led a
team of over 150 employees and was responsible for retail, business banking and
wealth management businesses. For the past 19 months, Barron has been a senior
private banker in Chicago.

Philadelphia, PA-based Janney Montgomery Scott added
industry veterans Alfred DeRenzis and Scott Ford to its new Westminster, MD,
office as senior vice president of wealth management and first vice president
of wealth management, respectively.

DeRenzis and Ford, who collectively oversee approximately
$159 million in client assets, were joined by registered private client
assistant, Karen Seipp, to form the DeRenzis Ford Group.

DeRenzis and Ford both joined Janney from Morgan Stanley,
where they spent the past four years. The team previously worked at Citigroup
(2006-2009), and spent 25 and eight years, respectively, at Legg Mason before
that.

Lincoln Financial Network, the retail client business of
Philadelphia, PA-headquartered Lincoln Financial Group, appointed Bill Fortner
as managing director of Lincoln Financial Advisors, leading the Pacific
regional planning group.

Fortner will manage regional planning offices in Northern
California, Oregon, and Washington State,
where he will focus on increasing market share, the firm said in a statement.

Based in San Ramon,
CA, Fortner will report to head
of Lincoln Financial Advisors, John DiMonda. Fortner joined from MetLife, where
he served as a regional sales vice president covering Southern California and Hawaii from 2011 to 2013.

BNY Mellon Wealth Management appointed Eric Stein as senior
director for business development, based in the firm’s Miami, FL,
office and reporting to managing director Tim Goering.

Stein, with more than 29 years' experience serving high net
worth clients, joined BNY Mellon from BB&T Bank in Miami, where he served as a wealth advisor.
From 2005 to 2012 he was a HNW client advisor at SunTrust Bank in Coral Gables, FL.

Wells Fargo Advisors bolstered its private client group with
the addition of nine advisors across seven states from Morgan Stanley, Bank of
America Merrill Lynch and RBC Capital Markets.

James Hunt joined the Chicago,
IL, branch from Morgan Stanley
and had $181 million in assets under management, on top of $425 million in
assets held away from the firm. Hunt has 20 years of industry experience and
reports to Chicago
complex manager Kevin Ortmeyer.

Bruce McMillan was hired in San Francisco, CA,
from Merrill Lynch. McMillan has 28 years of industry experience and had $105
million in AuM. He reports to San
Francisco market manager Kevin Kitchin.

In Westport,
CT, Anthony Bavedas - formerly of
Morgan Stanley - has some 40 years of experience in the industry and had $109m
in AuM.  He reports to Northern
Connecticut market manager Chris Calabrese.

Meanwhile, the Lyon Dobbyn Wealth Management Group,
comprised of financial advisors John Lyon and Jeannette Dobbyn, joined the Anaheim, CA,
branch from Morgan Stanley. Wells Fargo said they will be moving to Brea in the coming
months.

Lyon and Dobbyn have nearly 65 years of experience in the
industry and had $360 million in AuM. Stacy Stryker, their client associate, also
joined. The team reports to branch manager Alan Hall.

Brian Stahler stepped into the Wichita Falls, TX,
branch from Morgan Stanley. Stahler has 17 years of industry experience and had
$108 million in AuM. He reports to branch manager Ralph Grantom.

Additionally, financial advisors Peter Vrooman and Jonathan
Sarver were appointed from RBC Capital Markets in Kansas City. Vrooman and Sarver have 31 years
of industry experience and had $125 million in AuM. They took with them their
registered client associate, Jessica Estes-Fleischmann, and report to branch
manager Erik Gaucher.

Lastly, Philip Weber joined the Hyannis, MA,
branch from Merrill Lynch. Weber has 23 years of experience in the industry and
had AuM of $129m. He reports to branch manager Paul Stubbs.

Mark Gim, executive vice president and treasurer at Westerly,
RI-based Washington Trust, was named executive vice president of wealth
management and treasurer.

In his new role, Gim will establish and execute business
strategy for Washington Trust Wealth Management, a division of The Washington
Trust Company.

Gim, who joined Washington Trust in September 1993 from
Citizens Bank, oversaw the retail banking division alongside his roles as
executive vice president and treasurer.

US Wealth Management, a network of wealth managers, appointed
Christian Widen from Pershing Advisor Solutions as managing director and head
of corporate development.

Widen will be based in New
York City and report directly to John Napolitano,
chief executive of USWM. He will focus on adding fee and commission-based
independent financial advisory practices with between $50 million and $100
million in assets under management.

GenSpring Family Offices, the New York-listed wealth
management firm for ultra high net worth families, promoted Nikki Gokey to
president of the Florida
region.

Gokey will oversee the operations and delivery of wealth
management services in Florida, which includes
family offices in Palm Beach, Orlando,
Tampa Bay,
Miami and Sarasota.
Gokey joined GenSpring in 2004 as a family wealth advisor in Orlando.

Raymond James & Associates, the broker/dealer subsidiary
of New York-listed Raymond James Financial, took on Cynthia Woodsmall Jones as
senior vice president of investments in Columbus,
GA.

Jones focuses on asset management for high net worth
individuals and families, and also advises on corporate retirement assets,
specifically 401(k) plans.

Jones joined Raymond James from Morgan Stanley, where she
managed over $435 million in client assets and had some $1 million in annual
fees and commissions. She started her career in the financial services industry
in 1981 at Robinson-Humphrey & Co.

Brenda Meadows joined Jones as a registered client associate.
Meadows is also latterly of Morgan Stanley. Meadows has over 33 years of
financial industry experience, including several years as an operations manager
and complex risk officer.

Morgan Stanley Wealth Management hired three financial
advisors from UBS and Wells Fargo in Ridgewood, NJ, Pasadena, CA, and Seattle,
WA.

In Ridgewood, Arthur Levine
joined Morgan Stanley from Wells Fargo and reports to branch manager Peter
Christou. Last year, Levine had a T-12 production of $2.4 million.

Meanwhile, T Samuel Coleman Sr and T Samuel Coleman Jr joined
the firm from UBS in Pasadena, CA,
and Seattle, WA, respectively.

Coleman Sr reports to Cynthia Newman, Pasadena
complex manager, while Coleman Jr reports to Alex Burlingame, Seattle complex manager. The team has
combined T-12 production of $1.3 million and prior assets of $161 million.

BNY Mellon Wealth Management named Christopher Facka as
senior director for business development, based in West Palm Beach, FL,
and reporting to managing director Tom Goering.

Facka filled a new role at the New York-listed firm, created
as part of the expansion strategy announced last month by BNY Mellon Wealth
Management’s chief executive Larry Hughes.

Facka joined from Wells Fargo, where he has worked for his
entire career in financial services. Most recently, he was a branch manager and
financial advisor in West Palm Beach
overseeing a team of nearly 40.

Bank of Kansas City lured three veteran wealth managers from
UMB Bank.

Bob Weber, Kevin Zimmermann and Justin Richter, who all
specialize in working with clients with at least $1 million in investable
assets, were named senior vice presidents at Bank of Kansas City’s The Private
Bank.

Weber was at UMB for 15 years and was a managing director of
portfolio management.

Zimmerman was at UMB for seven years and was a senior vice
president for private banking and wealth management. He was at Bank of America
for five years before that.

Richter was at UMB for nine years and was a portfolio manager.

Foster Dykema Cabot, the Boston-based private wealth
manager, hired Douglas Phillips from Choate Investment Advisors as its chief
investment officer.

Phillips will work with FDC’s team on investment strategy,
asset allocation and security and manager selection.

He has been in the investment management industry for 25
years, working with high and ultra high net worth clients and their endowments
and foundations. At Choate Investment Advisors he was a senior portfolio
manager and member of the investment policy committee.

Janney Montgomery Scott  hired W G Simms Oliphant and Christopher Smith
as senior vice presidents for wealth management in Columbia, SC.

Oliphant and Smith, who together oversee some $155 million
in client assets, were joined by senior registered private client assistant
Julie Boulware to form SC Asset Advisors.

The Columbia office, led by
branch manager Larry Orr, is part of Janney’s Atlanta, GA,
complex, which is led by complex manager Jeff Paulsen.

Oliphant and Smith are latterly of Little Rock,
AR-headquartered Stephens, where Oliphant spent the past seven years. Oliphant
worked at Legg Mason between 2001 and 2005, when the firm transferred its
business to Citigroup, and spent seven years at Wachovia before that.

Meanwhile, the Philadelphia, PA-based firm also announced
that Andy Kistler, southeast regional manager, is moving to the Charlotte, NC,
office.

Avondale Partners, an independent investment banking and
wealth management firm, is setting up an office in New York.

The Nashville, TX-headquartered firm hired John Cuddeback,
from the New York office of BMO Capital
Markets, and Dana Lambert, from Royce
& Associates,
New York, to lead the new office.

Lambert has worked both on the buy and sell side. Most
recently he was an assistant portfolio manager at Royce & Associates, where
he had worked since 2007.

Cuddeback was a director of institutional equity sales at
BMO Capital Markets, covering accounts in New York
and across the Midwest.

John Schmidt, executive vice president, chief financial
officer and chief operating officer at Heartland Financial USA, is leaving the
Iowa-based firm this month to become CFO at another firm outside of the
financial services industry.

Schmidt has served for 22 years as CFO of Heartland and was
then given the additional role of president of the firm's Dubuque Bank and
Trust subsidiary. He will continue to serve as a member of the Dubuque Bank and
Trust and Heartland boards of directors after his departure.

The firm said it had been looking to recruit another CFO to
support Schmidt in the areas of finance and treasury. The search for a
successor CFO will continue among both internal and external candidates. 

In the meantime, senior vice president David Horstmann, an
eight-year Heartland employee and member of the firm’s finance team, is now
interim CFO, while Lynn Fuller took on COO responsibilities.

Richmond, VA-headquartered Genworth Financial, which in
March 2013 sold its wealth management business for $412.5 million to New York-based
Aquiline Capital Partners, announced an expense reduction plan to boost
operating performance across its businesses to save between $80 million and $90
million in annual pre-tax expense savings.

The move will eliminate around 400 positions, including 150
open posts that will not be filled, while also cutting spending on related
information technology and programs.

Stephen Fish joined UBS Financial Services from
Kentucky-headquartered wealth manager Hilliard Lyons, according to FINRA
records. At Hilliard Lyons Fish managed $475 million in client assets and last
year had T-12 production of $3.4 million. He has worked in the financial
advisory industry for around 20 years.

New York-headquartered W P Stewart & Co, the global
asset management firm, named Michael Maquet as chief executive.

Maquet joined other members of the firm’s senior management
team, which includes Mark Phelps, president and managing director within global
investments, and James Tierney, managing director and chief investment officer.

Maquet was latterly president and CEO of Madison Square
Investors, an equity asset management firm he joined in 2009.

International law firm Walkers ramped up its teams with a
number of promotions as part of its continued expansion.

In the Cayman Islands office, Melissa Lim was promoted to
partner in the investment funds group; in the Dublin office, Andrew Traynor was
promoted to partner in the finance and corporate group; in the Singapore
office, Laura Rogers was promoted to partner of the investment funds group; in
the London office, Jasmine Amaria  was
promoted to partner in the investment funds group; in the Hong Kong office Paul
Aherne was promoted to counsel in the finance and corporate group, and Aaron
McGarry was promoted to of counsel in the asset finance group in the Dublin
office.

In other appointments in the Cayman
Islands, Matthew Goucke was promoted to partner in the Dispute
Resolution Group; Nick Dunne, Rupert Bell and Shelley White were promoted to
senior counsel in the Dispute Resolution Group.

Meanwhile, in the British Virgin
Islands Julie Engwirda was promoted to partner and Oliver Clifton was
promoted to senior counsel in the Dispute Resolution Group.

Wells Fargo Advisors Financial Network hired J D Joyce -
formerly of UBS Wealth Management Americas - as an independent advisor in Houston, TX.

Joyce spent 20 years at UBS, where he managed $306 million
in client assets. Joyce started his career in the training program at the
former PaineWebber brokerage, which eventually formed UBS WMA. 

New York-headquartered Innovest Systems, a financial
technology firm specializing in trust accounting and wealth management
solutions, hired John Shepherd from Wilmington Trust as a vice president of
product management. 

In this role, he will be responsible for enhancing the
firm's products and services to better help clients grow their businesses.

Shepherd has around 30 years of experience as a planner and
manager in the financial services industry and at Wilmington Trust oversaw the
conversion of the firm's "solutions architecture," which involved
streamlining processes, strengthening workflows and eliminating data integrity
issues.

Romano Wealth Management, an Evanston, IL-based firm, hired
Scott Miller as a portfolio manager.

Miller has been in the financial management industry for 14
years and worked at the likes of Charles Schwab and H&R Block Advisors. At
Charles Schwab he garnered client assets of around $60 million while
maintaining a practice of around $300 million.

Raymond James appointed James Hall as a retirement team partner and
financial advisor within the Green Financial Group, an independent firm in Houston, TX.

Hall joined Raymond James from USCA Securities, where he managed $100
million in assets. Before that, he spent time at UBS, Morgan Stanley, Paine
Webber and Shearson Lehman Brothers. While at Morgan Stanley, he partnered with
Jeff Green, founder of Green Financial Group.

The brokerage firm Stifel, Nicolaus & Co hired Michael Wallace and Todd
Belfiore from UBS to launch a new private client office in Tampa, FL.

Wallace and Belfiore have a combined 48 years of industry experience and
join from UBS Financial Services, where they managed $179 million in client
assets.

They both started as senior vice presidents/investments, with
Wallace serving as branch manager of the new office.

Connecticut Wealth Management, a registered investment advisor, brought in
the Filomeno Wealth Management team to its operation.

Joining the team were financial advisors Michael Tedone, Kathleen
Christensen and Elizabeth DeBassio, as well as Kimberly Lockwood, who served as
investment group administrator at Filomeno Wealth Management.

They brought with them $120 million in client assets, bringing Connecticut
Wealth’s assets under management to $400 million.

The Private Client Reserve of US Bank hired Kathy DePauw Graham from JP
Morgan Private Bank as a senior portfolio manager in Chicago, IL.

Graham will help develop and implement investment portfolios for high net
worth individuals and institutions, while also serving as the local investment
practice leader.

Graham has over 30 years of experience in the financial services industry
and joins US Bank from JP Morgan Private Bank, where she was an investment
advisor. She also previously served as head of wealth management investment
sales and servicing for Northern Trust Global Investments, and spent about 20
years at First National Bank of Chicago
and successor institutions.

Philadelphia, PA-based Janney Montgomery Scott appointed Robert Benson and
his partner Michael Slaymaker as first vice president of wealth management and
vice president of wealth management, respectively, in Washington, DC.

Benson and Slaymaker collectively oversee about $142 million in client
assets and were joined by registered private client assistant Elizabeth Miller
to form The Old Dominion Group.

Benson spent the past four years at Morgan Stanley, having previously worked
between 2006 and 2009 at Citigroup and for 21 years at Legg Mason prior to
that. Slaymaker also joins from Morgan Stanley.

OppenheimerFunds promoted executive vice president and chief
investment officer Art Steinmetz to president.

As president and CIO, Steinmetz, who joined the firm in
1986, will continue to report to chairman and chief executive Bill Glavin. Meanwhile,
OppenheimerFunds' team of CIOs will continue reporting to Steinmetz, who the
firm said will continue to co-manage his existing investment strategies and
portfolios.  

Commonwealth Financial Network appointed managing principal
and chief financial officer Rich Hunter as president and chief operating
officer.

Hunter, who has overseen all financial activity at the firm
for 25 years, will retain his other roles.

In other developments, Peter Wheeler, who has been at the
firm for about 30 years, will retain oversight of the firm’s legal and
compliance affairs, but with the additional title of vice chairman. He will
also focus on long-term executive management responsibilities and strategic
planning.

Commonwealth also promoted seven managers to the newly-created
position of senior vice president, in addition to their existing roles.

They were: John Bohs, brokerage operations; Simon Heslop,
asset management; Jim Hommeyer, strategic and tax planning; Carly Maher,
sponsor relations and conferences; Gavin Morrissey, wealth management; E J
Sutherland, information technology; and Paul Tolley, compliance.

HighTower Advisor Network, formed in September 2012, added
its first advisor team in the shape of Atlanta, GA-based Shaffer Wealth
Management.

HighTower Advisor Network differs from the HighTower
Alliance in that it is designed specifically for breakaway brokers, offering
them a customized set of services with which to serve their clients.

The HighTower Alliance is aimed at advisors who are either
leaving a wirehouse or are already independent, but, as previously reported,
both pathways allow advisors to keep all of their earnings.

Shaffer Wealth Management oversees $300 million in assets
and is comprised of Roger Shaffer, managing director, Rhonda Lamb, executive
director, and Perry Neuman, senior director.

The team joined from SunTrust Investment Services and
specializes in serving wealthy families with concentrated stock positions. It
also has expertise in cash flow solutions and liability management.

Deutsche Asset & Wealth Management, the wealth arm of
German banking giant Deutsche Bank, appointed Vinit Sahni to expand its
services for ultra high net worth clients.

Sahni most recently served at Bank of America, where he was
head of rates and foreign exchange sales for Europe and Asia,
and global head of hedge fund and central bank sales for rates and foreign
exchange. Before that, he was the co-head of fixed income sales for Goldman
Sachs in Asia ex-Japan. Earlier in his career
he worked in Deutsche Bank's global markets business.

In his new role, Sahni, joins the global client group's key
client partners unit, which is responsible for specialist coverage of UHNW
clients. He will be based in London
and report to Dario Schiraldi.

Northern Trust appointed David Albright as global sales and
marketing director for its family office group.

Albright has been at the Chicago-headquartered firm for 15
years and most recently led its business development efforts in the northeast
of the US.
In his new role he replaces Shannon Kennedy, who has left Northern Trust.