The spring of 2018 saw a busy period of hires, such as to the newly-formed Rockefeller Capital Management, as well as established businesses such as US Trust.

Merrill Lynch Wealth Management named Susan Axelrod as its chief supervisory officer. A 28-year veteran of FINRA, the US securities regulator, Axelrod replaced Michelle Carter, who previously led supervision and oversight for the firm. In March, Carter transferred to a newly-created role at US Trust, leading business planning, governance and controls. Axelrod reports to Andy Sieg, head of Merrill Lynch Wealth Management.

HSBC Bank appointed Sarabjit Walia as head of digital for its US retail banking and wealth management group. He is based in New York City. Walia reports to Pablo Sanchez, regional head of retail banking and wealth management US. Prior to this role, Walia was head of mobile and online banking at TD Bank. 

UBS Wealth Management Americas hired Edward Eccles as an executive director and senior portfolio manager. Eccles, who joined from Oppenheimer Asset Management’s consulting group, supports UBS’ multi-asset portfolios with a focus on liquid alternatives model offerings.

Raymond James Financial Services hired senior financial advisor Nicole Sennett to its operation in Wilkes-Barre, Pennsylvania. Sennett joined from Merrill Lynch. She and client service associate Cindy Rinehimer operate as Sennett & Associates Wealth Group, an independent practice with securities offered through Raymond James Financial Services.

Fidelity’s family office business, part of Fidelity Investments, appointed Rupal Poltack as senior vice president, family office strategy. Poltack reports to Andrew Fay, head of the family office business. Previously, Poltack served as chief financial officer and chief operations officer at a large single family office and private trust company for more than nine years. 

Hodges Capital Management appointed Brett Rainey as chief operating officer. He joined Hodges from Envestnet Asset Management where he was a senior vice president. Rainey has 25 years' experience in the investment industry. He reports to Craig Hodges, chief executive.

Cumberland Trust, an independent corporate trustee with nine offices serving clients in 48 states, appointed Bill Yeager as regional development officer based in the company’s Nashville’s headquarters. Prior to joining Cumberland Trust, he owned a company that represented manufacturers in the automation and robotics industry.

Point View Wealth Management promoted Jeanette Carey to the newly-created position of director of client services. Carey has 25-years’ experience in the financial services and wealth management industry. She joined Point View Wealth Management in 2013.

Trust Corporation International, specialist trust company which manages offshore financial arrangements for private families and corporate clients, appointed Catja Carrell as legal officer. She is based in Guernsey. Carrell was at law firm Butler Snow as a tax associate and focused largely on advising on US federal tax rules with respect to income, estate and gift tax issues.

Evercore Wealth Management appointed Thomas Olchon as a managing director and wealth and fiduciary advisor, joining the firm from Bessemer Trust, where he led a team serving ultra-high net worth clients. Prior to joining Bessemer Trust in 2004, Olchon worked as a portfolio manager at US Trust, where he started his career in 2000. Olchon is based in New York. He reports to Chris Zander, chief wealth and fiduciary advisor.

Former UK business leader and Treasury Minister, Lord (Paul) Myners, who has been associated with moves to push right for shareholders and improve savings, was appointed to the board of Rockefeller Capital Management. Myers joined the firm’s board of directors.

In addition to serving as Treasury Minister and on the Court of the Bank of England, Lord Myners ran one of the UK’s largest institutional investors for nearly 20 years, and has served on the boards of GIC, Singapore’s sovereign wealth fund, Lloyd’s of London, Coutts & Co., and the Bank of New York. Lord Myners has also chaired several public UK companies such as retailer Marks & Spencer and Land Securities, Europe’s largest REIT. He became a member of the Court of the Bank of England in 2004 and was appointed Treasury Minister in the fall of 2008, with a specific brief for managing the UK’s response to the banking crisis. He was at the same time elevated to membership of The House of Lords. Lord Myners is the chairman and a partner of Cevian Capital; chairman of Edelman UK; and chancellor of the University of Exeter. He is the former chair of the London School of Economics.  

HFG Wealth Management promoted Cameron Capriotti as wealth advisor. Capriotti began his financial services career with KPMG. 

Montecito Bank & Trust, the US bank, appointed Tom Fisher as senior vice president and senior portfolio manager, reporting to Peter Madlem, chief investment officer. Fisher brings more than 30 years of investment management experience in both the Santa Barbara and San Diego communities. He started his career as a portfolio manager with Santa Barbara Bank & Trust, then Northern Trust and most recently served as the senior investment strategist for Wells Fargo Private Bank in San Diego. There he managed more than $800 million in assets for individuals, families, private foundations and other charitable organizations.

BNY Mellon Wealth Management appointed Robert Bowman as Mid-Atlantic region managing director, business development, in Philadelphia. Bowman reports to regional president, Lee Woolley and directs leadership for all new business activities, business development teams, and local marketing efforts from Philadelphia south through Delaware, Maryland, Washington, DC and Virginia. Prior to this, Bowman was MD at National Securities, an independent broker dealer and RIA, and served as partner and MD at Snowden Lane Partners, a start-up hybrid wealth management firm. Prior to his role at Snowden Lane Partners, Bowman spent 30 years at Merrill Lynch. 

Argent Trust Company appointed Sue Turnage to run the newly-opened office in Fort Worth, Texas. Turnage has 35 years of experience in the financial services industry. As Tarrant County market president, she manages Argent’s operations in Fort Worth and surrounding communities. Before joining Argent, Turnage was executive vice president and regional manager for Frost Wealth Advisors/Frost Bank, Tarrant County and North Texas. 

Oregon-headquartered Umpqua Bank has appointed managing directors Shaun Skeris and Rob Pitois, both of whom are based in Irvine, to lead its wealth management teams across Northern and Southern California. The bank also added San Diego private wealth advisors Kathy Gamez and Veronica Rubio as part of its first Southern California wealth management team. Skeris, senior vice president & managing director, has nearly two decades of wealth management experience. He recently served as senior vice president and Southern California team leader for City National Bank in Irvine. Pitois, senior vice president & managing director, has more than 17 years of experience in the financial services industry. He was previously team leader for San Diego at City National Bank. 

Gamez, senior vice president & senior private wealth advisor, has more than 25 years of experience serving high net worth clients in the San Diego region. Most recently, Gamez served as senior vice president and private banker for City National Bank in San Diego. Rubio, senior vice president & senior private wealth advisor, has around 17 years of financial services experience. Most recently, Rubio served as senior vice president and senior private banker for City National Bank in San Diego.

Citizens Investment Services appointed Kevin Martin as president, Citizens Securities Inc, and head of Citizens Investment Services. Martin joined from JP Morgan, where he held a variety of leadership roles in the company’s brokerage and wealth management businesses. Citizens Investment Services is the division of Citizens Bank Wealth Management that provides investment and insurance solutions for individuals and business owners. Martin reports to John Bahnken, president of Citizens Bank Wealth Management. Martin worked at JP Morgan for 20 years; prior to this, he held senior roles at Ernst & Young (EY) and BISYS Fund Services.

State Street Global Advisors, the asset management business of State Street Corporation, appointed Rory Tobin as global head of its SPDR exchange-traded fund business. Nick Good, previously co-head of the SPDR ETF business, was appointed as State Street’s chief growth and strategy officer. Tobin joined State Street Global Advisors in 2014 from Barclays Wealth & Investment Management, where he served as chief executive of Barclays Asset Management and was global head of investments and solutions. He report to Cyrus Taraporevala, president and chief executive officer of State Street Global Advisors. In his new role, Good is responsible for working with State Street’s management committee and board of directors to develop long-term business growth, strengthen the company’s business partnerships and drive continued innovation and solutions for clients. Jim Ross, chairman of global SPDR and State Street Global Advisors Funds Management continues in his role.

Banc of California appointed Joubin Rahimi as senior vice president of private banking of its San Diego operation. Rahimi joined Banc of California from First Foundation Bank. He has over 19 years of banking experience, primarily within the San Diego area, including previous experience at First Republic Bank, Comerica Bank and Wells Fargo Bank. He works with Steve Cusato, who serves as market executive for San Diego.

Bank of America appointed Merrill Lynch executive Matt McCormack as market president, serving as the company’s enterprise leader in the greater Sacramento region. He succeeded Kathie Sowa. He spent his entire 19-year career with Merrill Lynch in offices across the US. He also serves as the Merrill Lynch Wealth Management market executive for the greater Sacramento region, which includes Merrill Lynch offices in Chico, Folsom, Redding, and Roseville.

BNY Mellon Wealth Management appointed Robert Bowman as Mid-Atlantic region managing director and business development in Philadelphia. Bowman reports to regional president, Lee Woolley and directs leadership for all new business activities, business development teams, and local marketing efforts from Philadelphia south through Delaware, Maryland, Washington, DC and Virginia. Prior to joining BNY Mellon Wealth Management, Bowman was managing director at National Securities, an independent broker dealer and RIA, and served as partner and managing director at Snowden Lane Partners, a wealth management firm.

OppenheimerFunds, a global asset manager, appointed Julie Sendelbach and Dave Thomas to its CEO advisor institute's executive consulting team. Reporting to Paul Blease, director of CEO advisor institute at OppenheimerFunds, Sendelbach and Thomas leads personal and professional development programs for financial advisors across the Midwest and Mid-Atlantic regions.

Sendelbach has over 25 years of experience and joins OppenheimerFunds from CEG Worldwide. Thomas joined OppenheimerFunds in 1997 and has held numerous roles, including most recently as regional sales manager for Virginia. 

Peapack-Gladstone Bank appointed Ron Andersen as senior managing director, commercial private banker. Andersen is responsible for building the bank’s wealth, lending and deposit business while servicing commercial businesses in the Northern New Jersey area. He has more than 30 years of experience in the financial services industry. Most recently, he served as senior vice president and relationship manager at Capital One. 

RBC Global Asset Management appointed Robert Henderson as portfolio manager, joining RBC GAM's investment team in Boston, Massachusetts. Henderson serves as lead portfolio manager for RBC GAM's Mid Cap Value Strategy. In addition to his portfolio management responsibilities, Henderson provides research analysis support to strategies managed by RBC GAM's Boston-based enterprise team. He joins the team with more than 25 years' investment experience as both an analyst and portfolio manager.

Strothman and Company, the Kentucky-based certified public accountant firm, launched a wealth management business that targets high net worth clients. The entity is called Strothman Wealth Care. The new division is led by Ryan Antepenko, an Accredited Investment Fiduciary, who combines 15 years of experience with a client-oriented focus to financial planning.

Deutsche Bank Wealth Management appointed Pascal Landrove as team head of its Miami office. He joined Deutsche Bank Switzerland in 2015 as a managing director and senior relationship manager for Mexico in Geneva, a role he continues alongside his new expanded responsibility in the US. The firm also appointed Roberto Teofilo as a relationship manager and director of the Miami office, covering ultra-high net worth clients from Brazil. Teofilo’s career spans 18 years. He was most recently with JP Morgan, and also had roles at Merrill Lynch and Credit Suisse First Boston advising Brazilian families. In addition, Pascal Landrove, who joined Deutsche Bank Switzerland in 2015 as a managing director and senior relationship manager for Mexico in Geneva, took the expanded responsibility in the US as team head for the Miami office.

Merrill Lynch made a score of appointments at its private banking and investment group which serves ultra-high net worth clients. Linda Patel became regional managing director for Texas, based in Dallas. Andres De Corral, based in Miami, became RMD of Florida.

Rockefeller Capital Management appointed that Michael Brakey and Grace Yoon will join it. Brakey heads credit and banking in the wealth management business, developing client deposit and credit solutions, including asset-based lending, in support of broad client strategic and liquidity needs. Yoon is the chief operating officer of strategic advisory as well as head of strategic Initiatives for the firm overall. Previously, Brakey was a managing director and head of high-net-worth lending at Morgan Stanley, which he joined in 2011 to help accelerate the firm’s banking growth strategy. Prior to this, Brakey spent almost 18 years at Merrill Lynch, later Bank of America Merrill Lynch, where he finished as a managing director and head of global wealth credit strategy and investment lending. 

Yoon was most recently a senior executive in financial services advisory at Ernst & Young, advising financial institutions in areas of transformation, innovation and strategy. Previously, Yoon was a managing director at Morgan Stanley, responsible for driving wealth and asset management growth for investment banking clients.

Another senior former Morgan Stanley figure joined Rockefeller Capital Management: Christopher Randazzo, who was named head of wealth management and head of technology and operations. Randazzo, like Gregory J Fleming, the firm’s chief executive and president, worked previously at Morgan Stanley. Randazzo had been chief information officer for global wealth management and investment management at the US-listed firm. Prior to joining Morgan Stanley, Randazzo was the CIO for global wealth and investment management at Bank of America Merrill Lynch from 2008 to 2013. He joined Merrill Lynch in 1994 and held a variety of other senior technology roles at the firm.

Synovus Family Asset Management, subsidiary of US-based Synovus bank, appointed Konda Pollard as senior vice president and lead family office advisor of its new office in Atlanta. She joined Synovus in 2003 and has more than 20 years of experience in private banking and wealth management. She entered the private banking industry with SunTrust in Atlanta in 1996. 

Wilmington Trust appointed Dexter Conner as senior private client advisor for its wealth advisory office in Atlanta. In his new role, Conner focuses on clients in the sports and entertainment industries. Prior to joining Wilmington Trust, Conner was a financial planning specialist with Morgan Stanley Wealth Management.
 

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Canaccord Genuity Group hired the MLD Wealth Management Group to its Canadian wealth management business. Based in Calgary, the MLD Wealth Management Group operates as a multi-family office with a focus on helping high net worth clients with their complex financial goals. Chad Larson, Curtis Mayert and Sue Derlargo all joined Canaccord Genuity Wealth Management in Canada alongside a team of five professionals. Larson, director of wealth management and senior vice president, is the lead portfolio manager for the MLD Wealth Management Group. Mayert, director of wealth management and senior vice president, has been in the financial industry since 1987. Derlargo, vice president and senior financial planner, has more than 15 years of investment and financial planning experience.

UBS hired a new high net worth focused team called Frederickson Capital Management based in San Jose, California. The team joined the firm from Wells Fargo Advisors. The team consists of team leader Brad Frederickson,  his son Jeff Frederickson, Rhett Hall and Tricia Flanagan. They oversee $3.2 million in production and $400 million in assets under management. The team will report to San Jose branch manager, Eric Weider.

Brad Frederickson is a managing director and senior portfolio manager with over 30 years of experience in private wealth management.  Jeff Frederickson is an account vice president and a fourth generation financial advisor.  He joined Frederickson Capital Management of Wells Fargo Advisors in 2014. Hall is a senior wealth strategy associate with 15 years of Wealth Management experience.  Flanagan is a senior client service associate and has been with Wells Fargo and Frederickson Capital Management for over 15 years.

US Trust added 11 hires in January across the US. It appointed four new members in offices across California. Maria Humphreys joined the Los Angeles office as a private client manager. Cynthia Maddox joined the Walnut Creek office as a senior trust officer. She previously worked at Green Square Capital as legal counsel. US Trust also appointed Shirin Poustchi as private client advisor at its San Diego office, and Amy Witten as speciality asset manager of its Newport Beach office. Poustchi was previously at Wells Fargo, and Witten was previously at Ventas. It also appointed Thomas Kania as private client advisor of its Greenwich, Connecticut office, Tessa Stark as a senior trust officer of its Chicago office, Jennifer Goodman as a private client advisor of its Troy, Michigan office, and Nayana Jha as private client advisor of its Minneapolis office. Kania was previously at Fieldpoint Private Bank and Trust as a managing director. Stark was previously an attorney at Casting Crane. Goodman was previously at Fifth Bank, where she was a private banking sales director. Jha was previously at The Blake School as director of alumni relations.

Two members were added to US Trust's offices in Texas. Ryan Brown and Dan Connolly joined its Dallas operation as a private client advisor, and Dan Connolly joined its Austin office as a private client advisor. Brown was previously at Novo PLM and Connolly was at Comerica Bank.

Lastly, US Trust appointed Lee Ann Martinson as philanthropic fiduciary executive. She was previously at Union Bank, where she was a vice president and senior trust officer.

Dynasty Financial Partners appointed CJM Wealth Management to the Dynasty network of advisory firms.  Based in Deer Park, New York, CJM Wealth Management is an independent RIA. Chief executive and advisor, Charles Massimo, founded CJM Wealth Management 15 years ago.  Prior to CJM Wealth Management, Massimo held positions at Merrill Lynch, Citigroup Global Markets and Royal Alliance. He began his career in 1987 at Shearson Lehman Brothers. In 2005, Peter Anastasian joined CJM Wealth Management as managing director and financial advisor from Smith Barney.  Anastasian specializes in wealth management, asset protection and tax minimization strategies for affluent individuals and closely held businesses. In addition to Massimo and Anastasian, CJM Wealth has three other members, Diane Peters, director of client services, Mary Cusumano, client planning specialist, and Donna Herrera, director of client operations.

Northern Trust appointed Hunter Payne as regional wealth advisor in the Naples, Florida office. Payne, in collaboration with regional client service teams, provides wealth planning solutions for ultra-high net worth clients in the Southwest Florida region. He has over 20 years of tax and wealth planning experience. Most recently, he served as a managing member, general counsel, and head of wealth planning services for Harbour Capital Advisors, a multi-family office and investment advisory firm.

First Republic Bank, a US private bank and wealth management firm, appointed Bill Grinnell and Darin Souza as managing directors of First Republic Investment Management. Both, Grinnell and Souza work in First Republic’s office at 160 Federal Street in Boston. Both provide investment management, retirement planning and other wealth management services to individuals, families, businesses, non-profits and foundations. 

Grinnell has 33 years' experience in the financial sector. He has worked as a fixed income portfolio manager at Goldman Sachs Asset Management in New York, and in the private wealth management divisions at JP Morgan, Lehman Brothers, Credit Suisse in San Francisco and Boston, and most recently, Wells Fargo Advisors. Souza has 12 years of experience working with ultra-high net worth families, entrepreneurs and non-profit organizations. Before joining First Republic, Souza worked for Lehman, Credit Suisse and most recently, Wells Fargo Advisors.

Financial services firm B Riley Financial appointed Chuck Hastings as director of wealth management strategic initiatives. He is based in the firm’s Los Angeles office. Hastings serves as a liaison for B Riley Wealth Management and Wunderlich Securities, a provider of wealth management solutions and a wholly-owned subsidiary of B Riley Financial. He also serves as a portfolio manager at B Riley Asset Management, where he manages assets across a mutual fund, a hedge fund, and separately managed accounts. Prior to joining B. Riley Asset Management, Hastings was head of trading for GPS Partners, where he traded in equities, fixed income securities, options and commodities for a $3.5 billion MLP-focused hedge fund.

Smead Capital Management, a Seattle-based RIA that managers money for family offices, advisors and institutions, hired Jameson Greenfield as chief financial officer. Greenfield recently held a number of senior roles at BlackRock. Most recently, he oversaw the operational support of BlackRock’s hedge fund and private credit platforms. 

Virginia Commonwealth Bank appointed William Callaghan as chief administrative officer. A 38-year veteran of the sector, Callaghan reports to Randal R Greene, chief executive of Bay Banks of Virginia, VCB’s holding company. Most recently, Callaghan served as chief information officer of Xenith Bank in Richmond. He was one of the original members of that firm’s executive team to assist in the start-up of the bank. 

Intertrust, a provider of trust, corporate and fund services, appointed former US Bank and JP Morgan senior manager James Ferguson as its Americas head. Ferguson is responsible for Intertrust's six offices in the US, as well as offices in Bahamas, Brazil, BVI, Canada, Curacao, and its key office in the Cayman Islands. Prior to this new role, Ferguson was global head of strategy and product development at US Bank's Wealth Management & Investment Services division.

CIBC Atlantic Trust Private Wealth Management appointed Beth Mayfield as managing director and Theresa Marx as a senior vice president to its wealth strategies group in Atlanta and Chicago, respectively. As senior wealth strategists, they work with clients and their advisors to develop and implement charitable, estate and wealth transfer planning as part of CIBC Atlantic Trust’s integrated wealth management process. Mayfield joined with more than 20 years of estate planning and tax experience. Prior to joining CIBC Atlantic Trust, she was an estate planning attorney at Greenberg Traurig. Marx has more than 14 years of industry and legal experience. Prior to joining the firm, she was senior counsel for BMO Wealth Management.

California-based financial services firm First Foundation, the parent company of First Foundation Advisors and First Foundation Bank, appointed Martha Corbett to the board of directors. Corbett is a former partner at PricewaterhouseCoopers, where she served in a variety of leadership and client service roles.

US investment manager Brinker Capital expanded its marketing and wealth advisory teams with three new hires. The firm appointed Jason Brown as director of digital marketing, Julie Olley as wealth advisory account executive, and Mark Yoder as wealth advisory account executive. Olley is responsible for coordination of new business development for Brinker Capital's wealth advisory clients.  She has more than five years of industry experience. Prior to joining the company, Olley worked as a business development associate at The Glenmede Trust Company.

Yoder, who holds a similar role, also joined from The Glenmede Trust Company, where he worked on the alternative asset services team. He has more than seven years of industry experience to the company. Both Olley and Yoder report to Thomas Wilson, managing director of wealth advisory.  

Umpqua Bank, a subsidiary of Umpqua Holdings Corporation, appointed Jeff Marshall as its first chief investment strategist, as part of the bank’s expansion of its wealth management operation. Marshall has more than 20 years of investment management and research experience. Previously, he held positions at Sanford C Bernstein, Windermere Investments and Convergent Wealth Advisors.

 

With the addition of a chief investment strategist, Umpqua’s proprietary market and investment research will enhance the bank’s suite of wealth management solutions for high net worth individuals and institutional clients.
Wilmington Trust hired Mary McGovern as a senior private banker at its New Jersey office. McGovern has nearly two decades of experience in private banking and providing financial advice. Before joining Wilmington Trust, she spent 13 years at US Trust, where she served as a senior vice president and private client manager. Previously, she also held positions at Chase and Merrill Lynch.

Canada’s BMO Wealth Management made six appointments at its ultra-high net worth unit, which serves uber-rich individuals and family offices globally. Rick Pomeroy joined as senior managing director; Mike Miranda, Doug Sullivan and Ron Macleod as managing directors; Don Dabisch as a director; and Bo Youn Jo as director of research analytics.

Based in Chicago, Pomeroy has over 20 years’ experience in financial services. He works closely with leadership to implement new client engagement strategies and client experience enhancements. Previously, he held several executive and managerial roles at global wealth management firms, including US Trust and TIAA.

Miranda leads the Chicago-based investment advisory group. He is a primary member of the US Investment Management Leadership team, and will help drive growth in the UHNW business with a focus on the client experience, enhancing the product and platform suite and delivering a unified integrated offering for clients. Miranda is a Certified Financial Analyst with over 18 years of experience running investment businesses, teams and portfolios.

Sullivan has 30 years of experience helping clients navigate the issues of significant wealth. He is responsible for promoting new client engagement across the enterprise; he works with leadership to develop and execute strategies for growing the business and delivering client experiences.

Macleod works with leadership to promote new client engagement across the enterprise. He is a family office specialist, guiding them to appropriate resources and services. He has spent nearly 25 years working with family office management and serving UHNW clients including entrepreneurs, athletes, and entertainers, among others.

Dabisch serves as a director on the Capital Advisory Services team, and has over 25 years of experience in financial services. He advises ultra-affluent families and individuals on the management and optimization of their financial liabilities.

Based in Portland, Bo Youn Jo helps lead efforts to optimize portfolio construction for clients, evaluating multiple risk factors and market exposures. She is also involved in the financial technology efforts of BMO Financial Group.