Here is the roundup of moves in the global wealth management industry for November.

UK fund manager Jupiter appointed Stephen Mitchell as head of its global equities strategy. Mitchell previously worked at Caledonia Investment, where he held the position of associate director since 2011.

Jupiter changed the organisational structure of its environmental and sustainable strategy team. The reorganisation saw new job titles for sustainability analysts Mark Evans and Jon Wallace, who report into Charlie Thomas as head of strategy. Evans became sustainability investment analyst, focusing on sustainability issues and he will also conduct company research, identify short and long-term trends related to environment and social issues. Wallace took on the role of environmental and responsible investment analyst. He will work with fund managers Charlie Thomas, Chris Watt and Abbie Llewellyn-Waters on Jupiter’s Environmental and Responsible Funds. The corporate governance team is  ow known as governance research and will be headed by Ashish Ray. Jupiter Vice Chairman Edward Bonham Carter was appointed to the board of The Investor Forum, while Simon Fraser, former chief investment officer at Fidelity Worldwide Investment, was appointed chairman. Emma Howard Boyd was named as an external consultant and will provide advisory services on stewardship matters.

Global consultancy Mercer, a subsidiary of New York-based Marsh & McLennan, appointed Ben Gunnee as its new UK head of fiduciary management, effective January 2015.  Gunnee reports to European head of fiduciary management, Michael Dempsey. Gunnee has been at Mercer for over 12 years, and headed its Investments business in the Middle East, Before this, he was director of the Mercer Sentinel Group. Before joining mercer in 2002, he worked for the UK investment regulator and a major life assurance company.

Kleinwort Benson appointed Andrew Shiels as global chief risk officer, taking over from Letitia Smith, who recently moved to Lloyds Banking Group. Shiels was previously interim global chief risk officer for Cazenove Capital Management.

Asset manager Sarasin & Partners made two senior sales hires. Marc Robinson joined as a sales director from Pioneer Global Investments and is focusing on London and the South. Ally Kidd is to join in January 2015 to manage both the client support function and strategic client relationships within Sarasin & Partners’ discretionary offering. She was previously at Liontrust as head of broker sales.

Tilney Bestinvest appointed Rebecca Doble as a financial planner. She joined the Mayfair office and reports to Tim Stalkartt, managing director, financial planning. Doble was previously at Lloyds Private Banking where she spent nineteen years and advised high net worth clients on all aspects of financial planning.

Woodford Investment Management made new roles in compliance and operations. Simon Osborne made head of compliance, while Gavin St John-Heath took the chief risk and operations officer role. Osborne joined from Los Angeles-based Nuveen Investments where he has worked since 2010, as senior vice president. Meanwhile St. John-Heath has more than eight years’ experience having held several senior risk management and compliance roles, including Petronas Energy Trading. Woodford hired David Brailsford, who joined as data architecture delivery manager from IBM, and Vimal Patel, business analyst, who has joined from Abu Dhabi-based sovereign wealth manager Mubadala Development Company.

Standard Life Investments hired two heavyweights for its Edinburgh office. Chris Faulkner-MacDonagh joined as market strategist and Alex Wolf joins as emerging markets economist. Faulkner-MacDonagh was previously at Ziff Brothers Investments, where he was senior economist, having also previously worked at the International Monetary Fund and the US Treasury. He reports to Andrew Milligan, head of global strategy, and will be responsible for analysing the primary drivers across major asset classes. Meanwhile, Wolf reports to Jeremy Lawson, chief economist. His role includes analysing key emerging markets and the global business cycle. He joined from the US State Department, where he served as a US diplomat in Beijing and Taipei.

Jersey-based investment company Enhance Group hired Rob Duarte as head of managed portfolio indices. In his most recent role as senior associate director at Standard Chartered Bank, Duarte was responsible for regional market management with a specific focus on East and Southern Africa.

French asset manager Amundi appointed Michael Hart as deputy chief executive officer and global head of business development to its alternative investments subsidiary in London. Hart has over 20 years of experience in alternative investments and was previously global head of business development of hedge fund solutions at Aberdeen Asset Management.

Vestra Wealth appointed four from Julius Baer and Barclays Wealth as it looks to bulk up its workforce. Daniel Fresnais and Andrew Keating were both directors at Julius Baer, while Effimia Geraki and Serena Doshi were both vice presidents at Barclays Wealth and Investment Management.

Berenberg appointed David Mortlock head of its London office, across all divisions including private banking. Mortlock joined Berenberg in 2010 as head of sales and was promoted to global head of equities in 2013, a role which he retains. He works closely with Hendrik Riehmer, one of Berenberg’s personally liable partners.

Rowan Dartington appointed Bryn Wright to head investment management at its new branch in Taunton. Wright joined from Brewin Dolphin, where he was an investment manager for six years. Before this, he was in charge of the Taunton office for Laing & Cruickshank.  

Smith & Williamson appointed Giles Worthington manager at its European Growth Trust. He joined from RiverCrest Capital where he worked for the last three years.

UK multi-family office Sorbus Partners appointed Professor George Feiger, the former global head of onshore private banking at UBS, to its advisory board. Professor Feiger, executive dean of Aston Business School, was previously chief executive of a $3.4 billion wealth management company in the US. He was also head of strategic planning at the Bank of America’s world banking division, senior partner at McKinsey and Co, global head of investment banking for SBC Warburg, and global head of onshore private banking at UBS.

Deutsche Asset & Wealth Management hired Munish Varma as head of structured solutions at its loans & deposits arm. This was a newly created role. Varma is based in London and reports to Balaji Prasanna, head of lending, deposit products & wealth planning solutions. Varma was most recently global head of Structured Credit at Nomura.

Wrap platform provider Nucleus appointed Andrew Smith as its new chief technology officer. Smith rejoined Nucleus, a company at which he had been chief operating officer for four years. He reports to managing director Stuart Geard. He joined Nucleus from AXA Wealth Elevate, where he was appointed chief operating officer for its platform in September 2012.

Morningstar appointed former Kleinwort Benson chief investment officer Jeremy Beckwith as director of manager research to its UK office, reporting to Christopher Traulsen, director of manager research for Europe. The company also announced new roles for Jackie Beard as director of manager research services for Europe, Middle East, and Africa (EMEA) and Ruli Viljoen as head of manager selection for Morningstar Investment Management Europe. Between 1990 and 1998, Beckwith led the Merrill Lynch Global Asset Management UK team and was responsible for managing segregated portfolios for private clients in the EMEA region.

Calastone appointed Cris Conde as the new chairman of the board. Late last year Conde took up a seat on the Calastone board as a non-executive director and invested in the privately held business.

Pictet Asset Management appointed a team of three managers from a rival investment house, continuing expansion in the UK. Percival Stanion, Andrew Cole and Shaniel Ramjee joined the firm, having previously all worked at Baring Asset Management, where they had worked in running multi-asset strategies.

Sanlam, the South Africa-based wealth management firm which has now been operating in the UK, “moved to consolidate and strengthen its fund research capability” after Paul Surguy, a senior figure in the investment team, had left the firm to join Kleinwort Benson.

Walker Crips appointed Matt Ennion as investment director to its York office. Ennion joined from Towry, where he was previously investment director. Before this, he worked at RSM Tenon and Berry Asset Management.

Retail distribution research house The Platforum appointed Rohit Vaswani as head of advisor distribution relationships. Vaswani joined the firm after spending seven years at Fidelity Worldwide Investment.

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Investec Wealth & Investment appointed Mike Winson, Andy Little and Teasie Glass from UBS Wealth Management to its London office. Winson rejoined after leaving IW&I in 2001, when it was branded Carr Sheppards Crosthwaite. He was previously an executive director at UBS Wealth Management and he also spent five years at HSBC Investment Management, where he was a senior director. Little was also an executive director at UBS Wealth Management and was previously a senior private banker at Coutts & Co, where he worked for 12 years. Glass was formerly an associate director at UBS Wealth Management, where she worked for 12 years in a variety of roles, eventually assuming responsibility for 80 client relationships.

UK investment house Kames Capital appointed Craig Bonthron as an investment manager. He joined the global equity team and reports to Pauline McPherson, the co-manager of the Kames global equity fund. Bonthron was previously at Scottish Widows Investment Partnership where he was investment director global equities and was the joint fund manager of the global sustainability equity and global Islamic equity funds.

Former Ignis head Christopher Samuel became non-executive director of the £465 million ($737 million) JP Morgan Japanese investment trust. From July 2009 through to July of this year he was chief executive officer at Ignis, when the business was taken over by Standard Life Investments.

Standard Life Investments made two new appointments to its European Equities team. Tom Dorner joined as investment director, responsible for analysing a number of sectors including insurance companies. Based in Edinburgh, he has 13 years of investment experience and joins the company from Citigroup where he was director of the European Insurance sector. Jonathan Fearon joined the European Equity Growth Fund and the Global Advantage Fund. He was previously at Ignis Asset Management where he managed two European Equity funds.

UK outsource provider International Financial Data Services appointed Philip Goffin as director of product innovation. Goffin is responsible for IFDS’ digital and online solutions within its European business and reports to Paul Roberts, chief executive of funds at IFDS. He joined from Calastone, and has previously worked at EMXCo, FundWorks, and Kurtosys.

Life insurance giant MetLife appointed Simon Massey to the newly-created role of wealth management director as part of the firm’s growth plans for the guaranteed drawdown market as pensions flexibility is launched from April 2015. He was previously an intermediaries director at Scottish Widows, and has also held roles at  Aviva across its different brands, including director of business development and director of IFA development.

Chase de Vere appointed Katrina Timm into the newly-created role of operations and IT director. Timm has 26 years of experience in financial services and has worked for a range of companies, including the largest estate agency group in the UK, life assurance providers and most recently the Co-operative Bank.

Puma Investments - part of AIM listed Shore Capital - appointed Kimberly Martin as an investment manager. Martin joined from Maven Capital Partners, where her responsibilities included sourcing and evaluating VCT deals.

Rathbone Investment Management appointed Will Roberts as an investment director in its Liverpool office. He reports to Brian Kenny, also an investment director. Roberts joined from Charles Stanley where he worked as an investment manager based in London.

Tilney Bestinvest added to its regional presence by appointing Alexandra Mancini as associate, business development, in its Edinburgh office. Mancini reports to Charles Mullins, director and head of Tilney Bestinvest Edinburgh. She joined the firm following a career as a solicitor and legal counsel in her native Australia.

UK based Sanditon Asset Management made its second senior hire in under a week. The firm appointed Guy Hill from Pictet as a senior investment director to work with Chris Rice on the European investment team. At Pictet he headed up the Swiss equities team in London. It also hired former Schroders fund manager Julie Dean.

French-headquartered AXA Investment Managers appointed Gregory Venizelos as senior credit strategist. He joined the company's research and investment strategy team from the BNP Paribas Fixed Income division. Based in London, he covers investment grade and high yield credit and sub sovereign assets. The team is led by Eric Chaney, head of research at AXA IM and chief economist at AXA Group.

Henderson Global Investors hired Glen Finegan to the newly created title of head of emerging market equities. Finegan, who reports to Graham Kitchen, head of equities, most recently was a senior portfolio manager at First State Stewart, covering GEM all-cap strategies. Before joining First State Stewart in 2001 he was a geophysicist within the oil and gas industry.

Brooks Macdonald International appointed David Smith in the newly-created role of senior investment manager to its Guernsey office. Smith joined from Brewin Dolphin, where he was divisional director, responsible for the operation of the Guernsey office.

Royal London Asset Management appointed Piers Hillier as chief investment officer.  Hillier succeeded Robert Talbut who left the organisation to pursue other interests. Hillier joined the business from Kames Capital.

NewSmith Asset Management appointed Michael Wahnich as head of risk and Guy Jackson as head of compliance. Wahnich joined from International Asset Management, where he was head of risk. He has extensive risk experience and was previously at Brevan Howard from 2006 to 2012 where he oversaw equity and systematic trading. Jackson joined from Nutmeg, where he was compliance officer and money laundering reporting officer. He was previously head of compliance positions at Rexiter Capital Management and Inscape (Santander’s wealth management division).

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Asia-Pacific

Australia
Buyout firm Kohlberg Kravis Roberts, or KKR, appointed Matthew Claughton as a director in Sydney for its KKR Capstone business. Claughton most recently was group general manager of Pacific Brands' Workwear business unit, and previously managed the group's business development, human resources and international business across Asia Pacific, Europe, and the Middle East.

The A$6 billion ($5.02 billion) private investment vehicle of Australian billionaire James Packer, Consolidated Press Holdings, recruited Robert Rankin, former senior Deutsche Bank executive to be its chief executive.

ClearView, the wealth manager, made a string of senior appointments after its merger with Matrix Planning Solutions.  Todd Kardash wa named chief executive officer of the combined dealer group - ClearView Financial Advice and Matrix Planning Solutions. Since January 2013 he has led both the dealer group and distribution businesses of ClearView. Tanya Seale becomes the head of advice and Mike Pope takes on the role of head of business development.

Christopher Blaxland-Walker became general manager distribution, while Atit Rungta - formerly chief operating officer of Matrix Planning Solutions - was appointed head of platforms. Rungta reports to Chris Blaxland-Walker in this new role. (ClearView is not connected to ClearView Financial Media, publisher of this news service.)

China
Australia and New Zealand Banking Group named Huang Xiaoguang as chief executive for China, reporting to the CEO for international banking, Farhan Faruqui. Huang serves in a wider capacity as ANZ’s head of Greater China, responsible for capturing trade and investment flows within Greater China. He previously worked at Bank of America Merrill Lynch, where he was president of Bank America China from 2010 to 2014 and was recently appointed as co-head of global corporate and investment banking for BAML China. In his 22-year career, he has worked in senior roles at ABN AMRO, Citigroup as well as BAML.

The chief risk officer for ANZ China, Hong Swee Lau, continued as acting CEO China until Huang joins in January next year. AN Z also named Scott Collary as its chief information officer. He reports to ANZ Group COO Alistair Currie. Collary was previously CIO Consumer North America and Global Cards with Citigroup.

Hong Kong
Old Mutual Global Investors, part of UK-listed Old Mutual, appointed Diamond Lee to its Asian equities team as portfolio manager, reporting into Josh Crabb, head of Asian equities. He began in London and was due to transfer back to Hong Kong when regulatory approvals are granted. Diamond joined from Ignis Asset Management where he managed several of its Asian equity funds.

LGM Investments Limited, a part of BMO Global Asset Management, appointed Stephen Ma as head of Greater China equities. Based in Hong Kong, Ma reports directly to Thomas Vester, chief investment officer at LGM. Ma joined from Fidelity, where he was a portfolio manager and responsible for approximately $4 billion of assets in China and Hong Kong Funds.
Executive search firm Sheffield Haworth appointed Christopher Smailes as executive director, asset management practice, based in New York and Hong Kong. Smailes joined from global executive search boutique Eban International. He began his career in 2002 when he joined FSS, a search boutique servicing asset management and investment banking clients.

Vencie Fung, who handled recruitment for Morgan Stanley in Hong Kong, joined UBS as a director in the human resources team, responsible for the wealth management space. Fung reports in her role to Rebecca Liew, who is executive director in the Swiss bank’s human resources team.

India
ASK Group, the India-based financial services group, appointed a former Barclays wealth management senior figure as its chief operating officer of its ASK Wealth Advisors Pvt business. It named Deepak Rattan to the COO slot; he has almost 20 years of experience in the financial services sector, mainly in the investment advisory, management, consulting and syndication areas. Before he joined ASK Group, he worked at Barclays Wealth & Investment Management, where he was designated director and team leader in India.

Japan
Japan-headquartered Nikko Asset Management announced a number of moves.
It appointed three executives to lead, respectively, client development in the Middle East, Africa and Asia, consultant relations on a global basis and sales in North Asia.

John Howland-Jackson, based in London, joined as the firm’s vice chairman of Nikko Asset Management Europe and senior advisor for the Middle East, Africa and Asia region. A financier with more than 40 years of experience, Howland-Jackson most recently worked as a senior managing director at ING Bank.

Ian Lewis, based in Singapore, assumed the position of head of global consultant relations. Lewis has more than 25 years of experience in the financial industry and worked for companies including UBS Global Asset Management and Towers Perrin (now Towers Watson). He was most recently a partner at Ardevora Asset Management.

Charles Allard, based in Hong Kong, was made head of sales, North Asia. Nikko Asset Management is aiming to extend its reach toward sophisticated investors in the region, where it has a successful joint venture in place with Rongtong Fund Management, it said. llard has 25 years experience in the financial industry, most of it spent in Asia. He previously worked for Winton Capital Management.

Singapore
Allocated Bullion Solutions, the Singapore-based brokerage in precious metals that works with wealth management clients, among others, appointed an independent non-executive board of directors and a new chairman. It also said it is “building momentum” for a new platform release in the first three months of 2015. The chairman is Victor Liew; other members of the board are Ronny Tan; Kazuaki Takabatake and Michael Stanhope.

The chief executive of Bank of Singapore, Renato de Guzman – or Bing, as he is known to many – is retiring from the post on 31 January next year, with senior BoS executive Bahren Shaari taking over the role.

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Switzerland
Eric Sarasin, deputy chief executive of Bank J Safra Sarasin, resigned from his post and from the bank’s executive committee amid an investigation against him and others concerning share transactions allegedly done to avoid tax, breaching German law. In late October, this publication reported that Swiss authorities searched the bank’s premises in Switzerland as part of a probe into what are called cum-ex share deals. A search of premises in Basel and Zurich was made on 23 October, following a request for assistance by German authorities. Cum-ex deals are also known as dividend stripping.

EFG Bank (Luxembourg), part of Swiss-listed EFG International, appointed Konstantinos Karoumpis as its new chief executive, with effect from mid-January next year, taking over from François-Régis Montazel, who left to establish his own business. François-Régis Montazel continues to work with EFG Bank (Luxembourg) and will remain on its board. Karoumpis was formerly at Credit Suisse in Luxembourg, which he joined in 2007. Latterly he was head of private banking and wealth management, having previously been responsible for business development and support. Prior to this, he undertook corporate banking roles for BNP Paribas and Bank of Cyprus in Athens and Cyprus respectively.

US-headquartered Casey, Quirk & Associates appointed investment management industry veteran Peter Chambers as senior advisor for Europe. Chambers is based in London. Over more than three decades, his experience has ranged from managing money for sovereign wealth funds to developing alternatives business strategies. He has held several senior roles such as that of chief executive and chief investment officer at Legal & General Investment Management; CEO of Framlington Group; and chief investment officer at Gartmore.

Offshore law firm Ogier appointed Matthew Shaxson in Jersey from rival Mourant Ozannes, joining the business and trust law team. Shaxson has acted in deals including Standard Life’s acquisition of Newton's private wealth business, Kleinwort Benson’s multijurisdictional acquisition of Close Offshore and AIB Bank in its sale of offshore trust company business to Capita.

The Society of Trust and Estate Practitioners elected Edward Buckland, global head of fiduciary at Barclays, as its chairman. The previous chairperson was Hélène Anne Lewis. Buckland, who was first elected to STEP’s board of directors in 2012 and as a deputy chair last year, has also served as the chair of its Jersey branch and on its council over the past several years.

Middle East
LGT Group, the bank owned by the Princely House of Liechtenstein, hired Peter Schaer to run its Middle East private-banking business in Dubai. Schaer, who previously headed the Dubai office of Julius Baer Group, was due to start at the beginning of 2015 as a senior executive officer.

Jersey Finance added senior business development resources to its activities in the United Arab Emirates. Charlie Barlow and Gary Hales were appointed business development directors to cover the GCC states and India. Both men are based in the UAE. Barlow has worked with private clients across Hong Kong and the GCC region. His banking career included time with HSBC and Bank of Singapore and most recently he was providing consultancy services to several GCC family offices. Hales, who joined Jersey Finance in 2012 from HSBC, moved into his new role having previously been responsible for business development in Africa, Russia, Europe and the UK.

UBS appointed Steven Klemme as country team head for Saudi Arabia, joining from JP Morgan in Geneva, where he had worked for 15 years. The role was newly created. Prior to this, Klemme worked at Citibank for 14 years in Geneva and New York, again concentrating on Saudi Arabia, working predominantly in marketing financial services and private banking functions.

International
Luxembourg-based fund manager VAM Group appointed Stephen Kevan as group marketing director, based in Mauritius. His past roles include marketing director for Old Mutual International and head of marketing for Barclays Wealth.

Jan Golaszewski, a dispute resolution and litigation specialist, was promoted to partner in Carey Olsen’s Cayman Islands office bringing the total number of partners across the firm's global litigation team to 12. It also promoted one of its trust experts to the status of counsel. Golaszewski is experienced in offshore and investment fund litigation with an emphasis on complex multi-jurisdictional commercial, arbitration and regulatory matters. He was admitted as a solicitor in England and Wales in 2003 and as an attorney-at-law in the Cayman Islands in 2008. Before relocating to the territory he practised in the London and Hong Kong offices of Freshfields Bruckhaus Deringer.  

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North America

Paulett Eberhart was elected to LPL Financial's board of directors and as a member of the audit committee. Eberhart joined from CDI Corporation, where she was president and CEO from 2011 to 2014. Previously, she held roles as president and CEO of Invensys, chairman and CEO of HMS Ventures, as well as senior and executive posts at EDS Corporation. She began her career at MD Anderson Cancer Center and today also sits on the board of directors at Anadarko Petroleum Corporation and Cameron International Corporation.

Charyl Galpin was appointed as head of BMO Nesbitt Burns, the full-service investment arm of BMO Financial Group. Galpin will oversee the investing and wealth advisory business in Canada, which consists of some 1,300 investment advisors at 60 branches. She has served as co-head of BMO Nesbitt Burns since 2011, having joined BMO in 1979, moving in 1986 to Burns Fry. The firm told Family Wealth Report that she previously worked alongside Richard Mills, who will be leaving in January.

Irvine, CA-headquartered First Foundation, which recently became listed on the Nasdaq stock exchange, brought in Tyler Resh as director of marketing and strategy. Resh was latterly a partner at Echelon Partners, an investment bank and consulting firm focused on the wealth and investment management industries. He has a strong background in marketing M&A deals, conducting valuations and providing strategic consulting, First Foundation said. He also has over 14 years of experience advising wealth and investment managers on strategic growth strategies.

US Bank named Rachel Ferguson as a managing director of private banking at its Private Client Reserve in Cincinnati, OH. In her 13 years with the PCR – which serves individuals and families with at least $3 million in investable assets – Ferguson has specialized in providing balance sheet management strategies to families with large concentrations of wealth in public and private companies.

Lenox Advisors appointed Salim Admon as a managing director in Los Angeles, CA, responsible for advising high net worth individuals and families. The firm said the hire is part of its strategy to expand on the West Coast. Admon was previously a wealth management advisor at Northwestern Mutual.

San Francisco, CA-based Cypress Wealth Advisors named Justin Renaudin as a principal, responsible for investment manager research, and a member of the senior management team. Renaudin joined Cypress Wealth Advisors in 2011 and has since worked as a portfolio manager, investment strategist and financial analyst.

Chad Thiel rejoined Andersen Tax as a managing director to spearhead the launch of a new office in Irvine, CA, which will open its doors in January. Thiel spent the last six years at the assurance, tax and consulting firm McGladrey as a tax practitioner and leader of family wealth services for the western region. Thiel, who specializes in advising business owners, entrepreneurs and wealthy families, first started working at Andersen when it launched in 2002.

Bessemer Trust added Steven Dwyer to its Los Angeles, CA, office as a senior vice president and real estate asset manager. Dwyer will manage all real estate assets held in clients’ trusts, reporting to Todd Dubovy, head of real estate advisory. Prior to joining Bessemer, Dwyer held a similar role at US Trust - also in Los Angeles - overseeing client properties worth over $500 million.

Merrill Lynch made a splash of financial advisor hires across the US from firms including Raymond James, JP Morgan and Morgan Stanley. Jay Higgenbotham joined the Birmingham, AL, office with $225,509,913 million in AuM from Raymond James while Ricardo Guerrero joined in San Antonio, TX, with $100 million in AuM. Guerrero generated $904,000 in production at his prior firm, JP Morgan. Meanwhile, in the Golden State Richard Zinman was hired in Century City with $104,019,264 million in AuM, having generated $1,218,224.00 in production at his prior firm, Morgan Stanley. Lastly, in New Jersey, Edward Viola joined the Paramus office with $83,047,763 million in AuM, while Christopher Carbone and Charles Sergewick were hired in Toms River as a team with around $200 million in AuM. They generated more than $2 million in production at their prior firm, Morgan Stanley.

US Bank Wealth Management hired Heather Gross as a trust relationship manager at its Private Client Reserve in Sacramento, CA. Prior to joining the PCR, Gross worked as an estate planning and trust administration attorney at Legacy Law Group in Sacramento.

Foundation Source appointed Dennis Ladd as managing director in New York – a key market for the firm. Ladd will report to national director of sales, Yvonne Dahl. For much of his career prior to Foundation Source, Ladd worked at FactSet Research Systems, which provides financial data and analytic tools. Most recently, he served as FactSet's senior vice president and director of sales for the New York investment management team.

Wells Fargo Private Bank named Kei A Sasaki as regional chief investment officer for the Northeast. In this role, Sasaki is responsible for providing strategic guidance on investments and asset allocation and maintaining consistent implementation of the firm’s investment strategy to all clients’ portfolios in the region, which includes Connecticut, Delaware, Massachusetts, New Jersey, New York and Pennsylvania. Based in New York City, Sasaki works with a team of more than 440 investment advisors. Sasaki has more than 18 years of experience in the financial services industry. Prior to joining Wells Fargo, he was managing director of equities, serving as head of research and client portfolio manager, at PineBridge Investments.

Executive search firm Sheffield Haworth appointed Christopher Smailes as executive director, asset management practice, based in New York and Hong Kong. Smailes joined from global executive search boutique Eban International. He began his career in 2002 when he joined FSS, a search boutique servicing asset management and investment banking clients. In 2006, he joined Eban International, specializing in equity capital markets and asset management, working closely with a variety of global banks and investment firms in London and New York. In 2008, he relocated to Hong Kong to oversee the asset management practice.

Barclays Wealth & Investment Management appointed Josh Crossman and Ginny Neal as directors and investment representatives. Based in Palm Beach, FL, they are responsible for implementing Barclays’ global wealth management programs and for providing alternative investment strategies to high net worth individuals, foundations, corporations, and not-for-profit organizations. They will report to John Cregan, regional manager for Palm Beach. Crossman joined from JP Morgan Chase & Co, where he was vice president and senior leader on the private bank UHNW investment team. Neal also joined from JP Morgan Chase & Co where she was a senior private banker. She began her career at Greenberg Traurig.

NBT Bank, which offers personal banking, asset management and business services in the US northeast, appointed Kimberley Twitchell as a regional commercial banking manager. She will manage NBT Bank’s regional loan portfolio and commercial banking team in the southern Maine market. She is based at NBT Bank’s recently-opened Maine regional headquarters that is located in the Merrill’s Wharf building at 254 Commercial Street on the waterfront in Portland. Twitchell has 25 years of experience in the financial services industry. Most recently, she was senior lender and commercial relationship manager for TD Bank in Portland. Prior to that, she was commercial relationship manager for various financial institutions in the Portland area including Bank of America and Fleet National Bank.

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First Republic Bank, the private bank and wealth management firm, announced that Mike Roffler, deputy chief financial officer for the past five years, has been named executive vice president, CFO effective Jan 1, 2015. Roffler succeeds Willis Newton, who has served as CFO of First Republic for the past 26 years. Newton joined First Republic in 1988 as chief financial officer; in 2011, Newton was named CFO of The Year by The San Francisco Business Times. In a statement, First Republic said he was “instrumental in First Republic's divestiture in 2010 from Bank of America, including its $1.8 billion capital raise, second IPO and secondary common stock offerings”. Roffler, meanwhile, joined First Republic in 2009 and has had direct responsibility for accounting, tax, and both financial and regulatory reporting. Prior to joining First Republic, Roffler worked for 16 years in the audit practice at KPMG and became a partner in 2004.

Alliott Group, a global alliance of independent accounting, law and consulting firms, named Ken Miles, of NSBN, the tax planning, accountancy and consultancy firm that is based out of Los Angeles, CA, as deputy chair for North America. The previous deputy chair was Rick Sovitzky, from the firm Chortek.

Jan Golaszewski, a dispute resolution and litigation specialist, was promoted to partner in Carey Olsen’s Cayman Islands office, bringing the total number of partners across the firm's global litigation team to 12. It also promoted one of its trust experts to the status of counsel. Golaszewski is experienced in offshore and investment fund litigation with an emphasis on complex multi-jurisdictional commercial, arbitration and regulatory matters. He was admitted as a solicitor in England and Wales in 2003 and as an attorney-at-law in the Cayman Islands in 2008. Before relocating to the territory he practiced in the London and Hong Kong offices of Freshfields Bruckhaus Deringer. The Cayman Islands office also promoted trust expert Graham Stoute to counsel. He advises private and institutional clients on Cayman Islands and BVI trusts as well as on wills and estate planning matters, probate applications and the administration of complex estates.

First Commonwealth Financial Corp hired David Buckiso as executive vice president, wealth services, for First Commonwealth Bank. Buckiso will oversee all aspects of the organization's array of wealth management services, including trust, investments, brokerage and financial advisory. He will lead the planned build-out of First Commonwealth's advisory talent, with a particular emphasis on retirement planning, educational funding, generational wealth transfer and long-term investment planning. Previously, Buckiso served as senior vice president and managing director for FNB Wealth Management, in Pittsburgh, PA.

US-headquartered law firm Butler Snow, which launched its London office in 2013, added Christopher McLemore to its operations in the UK capital. McLemore is a member of the tax group, and will focus his practice on international tax and wealth management, the firm said in a statement. Boston Private Bank & Trust Co, which is part of Boston Private Financial Holdings, appointed Cynthia Terwilliger as senior vice president, commercial loan officer in its specialty lending team. Terwilliger will be based at the firm’s headquarters in Boston. Previously, she worked at RBS Citizens’ Private Equity Banking Group, where she held the role of relationship manager for a decade; Terwilliger has also worked at State Street Bank & Trust Co, Fleet Bank and Shawmut Bank.

TD Wealth’s private client group promoted John Leto - regional wealth leader for the metro New York region - to senior vice president and chief operating officer. The bank hired Margaret Preston – latterly of US Trust - to assume Leto’s former duties. She will continue to expand TD’s wealth management presence in the New York City, Westchester, Long Island and Northern New Jersey markets. Meanwhile, Leto will lead sales and support functions on behalf of the TD Wealth private client group, focused on the national sales office and national sales programs, sales and business strategy, reporting and analytics, governance and control, and credit management. He joined TD Wealth in 2012 after serving as president and chief executive of Standard Chartered Private Bank, Americas. Before that, he was managing director and global chief administrative officer at Citi Private Bank.

RBC Wealth Management – US recruited financial advisors Paul Pallo, Jeffrey Laster and Frederick Levine in Florham Park, NJ. Joining from Oppenheimer & Co, the team has a combined total of $151 million in assets under administration and $1.8 million in production. Also joining the firm with the team was Paula Kirejevas, senior registered client associate; Jenilee Hill, registered client associate; and Kyle Boughton, client associate.

Highmount Capital, a wealth management firm with $2.3 billion in assets under management, updated its leadership structure. Steven Hoch and Maarten van Hengel, founding partners of the firm, assumed the additional responsibilities of chief executive and chief investment officer respectively. Founding partners Berk Nowak and Brian Walsh round out the leadership team. Kevin Bannon, who served as CIO for five years, remains a vital member of the Highmount team, the firm said. As a managing director, his focus has shifted toward the research and management of Highmount's private equity interests. He continues as a member of the investment team, participating in discussions regarding the firm's investment approach and asset allocation structure. Prior to Highmount, Hoch was a member of the executive committee at Pell Rudman Trust Company (now Atlantic Trust), and held senior positions at Bessemer Trust and Chemical Bank in New York and Zurich. Van Hengel was a managing director at Trainer Wortham & Company, where he established the family wealth management team. He also held other senior roles at Bankers Trust Private Bank and Swiss Bank Corporation. Together they founded Highmount Capital in 2002.

Evercore Wealth Management appointed Stephanie Hackett as a managing director and portfolio manager. Hackett joined from the multi-family office Brandywine Group Advisors, where she worked for eight years as an investment director. Previously, she worked for seven years at JP Morgan, focused on alternative asset management and private banking. In her New York City-based role she reports to Jay Springer, a partner and portfolio manager at Evercore Wealth Management. She is also a member of the firm’s Manager Selection Committee, which is responsible for the selection, due diligence and monitoring of all third-party investment managers.

The independent investment advisory firm Archvest Wealth Advisors affiliated with Raymond James Investment Advisors in Walnut Creek, CA. Archvest is run by Eric Lai, president and co-founder, and John Wenzel, chief financial officer and co-founder - who together previously managed over $100 million in client assets. Kimberly Terry serves as director of operations. Prior to co-founding Archvest, Lai was a senior financial advisor and principal at a fee-only planning investment advisory firm, while Wenzel was previously a financial advisor at an RIA. Terry also joined Archvest from an RIA and is responsible for business and financial compliance, cashiering transactions, client applications and maintaining client files. She also provides day-to-day operations support for the advisors.

Bank of America's US Trust made a spate of hires across the US, recruiting from firms including JP Morgan, US Bank and PNC Wealth Management. In New Jersey, Glen Macdonald joined the Florham Park office as a private client advisor from Olson Financial Group while in Connecticut Donna David joined in West Hartford as a senior trust officer from the Community Foundation of Western Massachusetts. In the southeast, Maria Clarke joined the McLean, VA, office as a private client advisor from Investment Strategies Group, as Tara Brummell joined the Baltimore, MD, branch as a private client manager from PNC Wealth Management. Meanwhile, Amy Best - formerly a private client manager at US Trust - became a private client advisor in Saint Louis, MO. Patrice Hudson was hired in Kansas City, MO, as a senior trust officer from US Bank. In Texas, Katherine LaLonde - formerly a regional marketing manager at US Trust - assumed a new position as a private client advisor in Dallas, while Patrick Pacheco was added in Houston as a wealth strategies advisor from JP Morgan. To the west, Matthew Benson and Nelrose Sims joined the Los Angeles, CA, branch, and James Trujillo was recruited from Bank of America as a private client manager in Las Vegas, NV. Lastly, Cindy Runger was hired in Seattle, WA, as a private client advisor from JP Morgan.

MUFG Union Bank named Mike Feldman as head of branch and private banking – a newly-created role. In his expanded role, Feldman will manage MUFG's private banking arm, through which it serves affluent individuals, families, businesses and organizations. Based in Orange County, he continues to report to Pierre Habis, who heads the consumer and business banking groups. He will continue to oversee retail branches in California, Oregon and Washington. Feldman joined Union Bank in 2009 and was previously head of California branch banking and national sales manager for the retail banking division.

Neuberger Berman appointed investment management expert Celine Dufetel as its new head of client service. Dufetel joined from the management consultancy firm McKinsey & Company, where she was a partner and served as leader of the North American asset management practice. At Neuberger Berman, she will report to chief operating officer and global head of distribution Andrew Komaroff. She succeeds Lori Holland, who has taken on a senior role as part of Neuberger Berman's multi-asset class team – an area which the firm has in recent months made a “significant investment in,” it said. (Erik Knutzen was named as the MAC chief investment officer in May 2014, for example.)

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Focus Financial Partners, the US network of independent wealth management firms, added $1.4 billion through Strategic Wealth Partners joining its network in Deerfield, IL. “Given the highly fragmented nature of the Chicago RIA market, we see tremendous potential for Strategic Wealth Partners to further establish a regional presence in and around Chicago,” said Vamsi Yadlapati, managing director at Focus. Strategic Wealth Partners principals David Copeland and Neal Price each have over 25 years of financial planning and investment advisory experience. SWP serves high net worth individuals and small institutions, with 14 members of staff. The addition of Strategic Wealth Partners brought Focus’ total number of transactions for the year-to-date to 23.

RBC Wealth Management – US recruited the Thompson Wealth Management Group in Indianapolis, led by senior vice president and financial advisor Daniel Thompson. Also joining RBC Wealth Management was Matt Rittenhouse, senior financial associate, and Alyson Frantz, senior registered client associate. The Thompson Wealth Management Group has over 25 years of combined industry experience and joins from Merrill Lynch with $103 million in assets under administration and $1.2 million in production.

Washington Wealth Management, an independent RIA supporting fee- and commission-based US advisor practices, added Nadia Dickinson to its network. Dickinson has 30 years of industry experience and approximately $100 million in assets under management, as of joining in September from Morgan Stanley. Her newly-formed practice is called Dickinson Graham Capital Management and is based in Lancaster, CA (while focused on clients in California, the firm also works with clients in other parts of the US).

The investment manager PineBridge Investments appointed former Goldman Sachs man John Thornton as chairman. Thornton - who retired as Goldman’s co-president in 2003 - succeeded E Mervyn Davies, a former Standard Chartered head, who has been chairman of PineBridge for four years. PineBridge - which has $71 billion in assets under management - is majority owned by the Pacific Century Group, the investment firm run by the Hong Kong billionaire Richard Li. It was formerly the asset management arm of the American International Group which sold it to Pacific Century in 2010. Thornton joined Goldman Sachs in 1980 and became renowned for his high octane deal making while working in London. He is also chairman of the board of Barrick Gold Corporation and director of the Ford Motor Company.

BNY Mellon hired Marcelino Pendas as a senior director and team leader at its international wealth management office in Miami, FL. Pendas joined BNY Mellon as part of the two-year expansion of the firm’s sales teams in key wealth markets. Reporting to managing director Douglas Schaenen, his primary responsibility will be to grow BNY Mellon’s international private client business, with a focus on Latin American opportunities. Pendas was previously director of trust sales for Amicorp Services’ private client group – a role in which he developed relationships with intermediaries such as financial institutions, family offices, legal and tax advisors. Earlier, he co-founded International Wealth Planning Solutions, focused on serving residents and citizens of Latin America and the Caribbean. Pendas has also worked at Citigroup, Smith Barney and Barnett Capital Advisors.

US Bank Wealth Management promoted Dan Farley to Twin Cities investment leader, reporting to Margaret Paddock, Twin Cities market leader of the firm's Private Client Reserve. Farley has over 13 years of financial services experience, having previously been a vice president at Dougherty Commercial Properties. In that role he led joint venture deal structures, acquisition due diligence and institutional funding. Additionally, Farley has also worked as a management consultant within Deloitte Consulting’s strategy practice.

Justin Bass left SunTrust Banks, where he was responsible for the high net worth sports and entertainment group, to become managing director at True Capital Management, which also has a strong focus on the sports and entertainment sectors. Bass was managing director of the sports and entertainment group within SunTrust Banks' private wealth management division from 2011 until November 2014. It is unclear who has taken on his former role at SunTrust. Earlier, he spent 15 years as a partner and managing director at CSI Capital Management, an independent wealth management firm with a similar client base as True Capital and SunTrust. True Capital Management works with over 200 professional athletes and entertainers, managing over $500 million in assets from offices in San Francisco, CA, Los Angeles, CA, and New York.

Bessemer Trust added Grant Gardner to its New York office as a principal and head of estate administration and fiduciary counsel. Gardner will manage all estates for which Bessemer is serving as executor or as personal representative, reporting to Lynn Lederman, managing director and senior fiduciary counsel for the northeast. Before joining Bessemer, Gardner worked within the estate administration departments at Northern Trust and US Trust Company. Earlier in his career, he practiced law with Holland & Knight and Kelley Drye & Warren.

RBC Wealth Management added Todd Watson as a senior vice president and financial advisor in Fort Lauderdale, FL, said Kirstin Turner, director of the firm’s West Palm Beach complex. Watson joined RBC Wealth Management from Wells Fargo Advisors with $116 million in assets under administration and $655,000 in production. He will report to Jim Jahnsen, branch director in Ft Lauderdale.

Deutsche Asset & Wealth Management brought in Kevin Laurie from Barclays as a director and client advisor at the New York private client services office. Laurie reports directly to John Sutton, managing director and regional executive at the branch. Previous roles he has held include director and financial advisor at Barclays Wealth & Investment Management and a financial advisor on the corporate cash management team at Lehman Brothers. He began his career at Morgan Stanley, where he spent ten years as a fixed income trader.

Highland Capital Management, a Dallas, TX-based investment management firm, appointed Carla Martin as managing director of national accounts for the broker-dealer channel at Highland Capital Funds Distributor. Reporting to Brad Ross, president of Highland Capital Funds Distributor, Martin will expand Highland's alternative products line-up, including non-traded and mutual fund offerings, to retail investors. She'll also lead the sales team, working with Jennifer Ricci on the IBD effort. Martin is latterly of the corporate financing firm W P Carey, where she was a senior vice president of business development within the independent broker-dealer channel.

BNY Mellon Wealth Management hired Ygnacio Garcia-Saladrigas as a senior wealth director in Miami, FL, reporting to managing director Luis Castellanos, who joined the firm’s business development team in September. Garcia-Saladrigas joined from JP Morgan Chase & Co, where he was a private banker working with high net worth clients. Before that, he advised ultra high net worth clients at Barclays Wealth Americas; ran a boutique middle-market corporate and real estate investment bank; and served as an investment banker at Merrill Lynch & Co.

PIMCO appointed Marc Seidner as a managing director and portfolio manager after he left the firm earlier this year. Seidner returned in a new role as chief investment officer for non-traditional strategies and head of portfolio management in New York, as well as a member of the investment committee. He reports to Daniel Ivascyn, group chief investment officer, who recently replaced bond heavyweight William Gross. Gross left the firm he co-founded over 30 years ago to join rival Janus Capital Group in September. Seidner was a senior portfolio manager at PIMCO from 2009 to 2014 and a member of the PIMCO investment committee. In his new role he will work with Ivascyn on the oversight of several non-traditional investment teams and will assume general portfolio management responsibilities as part of his new role. Additionally, Curtis Mewbourne, current head of the firm’s New York portfolio management group, will return to the firm’s Newport Beach, CA, office as a senior member of the firm’s portfolio management team. He is set to join Newport in mid-2015 and will remain as head of the insurance, diversified income and sector fund separate account teams.

Morgan Stanley appointed former Central Intelligence Agency official Jami Miscik to its board, replacing Griff Sexton, who retired after nine years. Miscik is president and vice chairman of consulting firm Kissinger Associates. Prior to joining Kissinger Associates in 2009, she was the global head of sovereign risk at Lehman Brothers, and also served as a senior advisor to Barclays Capital. Before entering the private sector, Miscik had a 20-year career in intelligence, ultimately serving as the Central Intelligence Agency's deputy director for intelligence. Sexton has been a director since September 2005. He has served as an adjunct professor at Columbia Business School and visiting lecturer at Princeton University. Before his academic career, he was an investment banker and advisory director at Morgan Stanley.