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Summary Of Executive Moves In North American Wealth Management – June 2023

Editorial Staff August 28, 2023

Summary Of Executive Moves In North American Wealth Management – June 2023

The latest roundup of moves and appointments in the wealth management and private banking sector.

Global business advisory firm EisnerAmper appointed Pamela Dennett and John Clausen as partners with a specialization in taxation. Dennett, who is a partner in the firm's private client services group, has 30 years of industry experience. Clausen is a partner in the firm’s SALT Group and specializes in state and local taxation. 

Northern Trust Asset Management made several organizational and leadership changes:

-- John McCareins, head of international business. NTAM named one leader responsible for the Europe, Middle East and Africa, and Asia-Pacific regions. In this newly-created role, McCareins is responsible for leading regional and country strategies, managing daily operations, regulatory affairs, relationships with other businesses, and building out local capabilities tailored for the regional clientele. McCareins has a series of country managers reporting to him and he continues to report to Daniel Gamba, NTAM president.

-- Michael Hunstad, deputy chief investment officer and CIO of global equities, continues to report to global CIO Angelo Manioudakis.

-- Sheri Hawkins, head of investment platform services, leads a new group, Investment Platform Services, that will be closely tied with the investment organization. Hawkins continues to report to Gamba. 

Procyon Partners announced that advisors Frank J McKiernan and Jerry R Sneed had joined the firm, each as a senior private wealth advisor. Together, they previously managed over $600 million in assets at Baker Tilly Wealth Management. The team works in the New York and Massachusetts areas. 

Besides McKiernan and Sneed, the following team members joined Procyon: Christopher Sneed, financial advisor; Amanda DiGuiseppe, client service associate; and Emily Demers, client service associate.

RockX, an Asian tech and solutions firm working in the crypto finance and blockchain space, appointed Paul Mischenko as its Americas head as the firm expands into the region. 

AlTi, the multi-family office operating around the world, appointed Murray Stoltz as managing director, senior relationship manager. Prior to this, Stoltz was principal and senior wealth advisor at Bessemer Trust, where he led the team responsible for presenting client solutions across investment management, wealth planning and family office services. Stoltz also worked at Manchester Capital Management, Wilmington Trust, Fiduciary Trust International, Morgan Stanley and First Boston. 

Argent Financial Group promoted Jyotsaana Parajuli to Argent’s controller. Parajuli, who previously served as assistant controller, continues to report to Daniel Taylor, Argent’s chief accounting officer. In her new position, Parajuli oversees various areas of daily accounting operations. Her duties also include the administration of corporate budgets and forecasts as well as tax planning for Argent Financial Group and all subsidiaries.

Stratos Wealth Advisors hired wealth management veteran Robert A Hamer, who has more than $250 million in assets under management. Hamer joined from Asset Management Group where he had been a managing director since 2016. Prior to joining AMG in 2007, Hamer was a founding partner and managing director of Sunset Partners Capital Management.
SEI, the US-headquartered technology and investment solutions group, appointed former Refinitiv figure Sneha Shah as head of new business ventures – a newly-created role. Based in New Jersey, she reports to the group’s CEO, Ryan Hicke. Shah most recently served as managing director and group lead of the London Stock Exchange Group's Business Accelerator, where she created and scaled new businesses at the intersection of data, artificial intelligence, and technology. 

UBS brought in a team of advisors – who previously worked at First Republic Bank – for its “Pacific Desert” market in the La Jolla/San Diego office. The advisors are Gregg Palmer and Jason Kaimer, of Nautilus Wealth Management Group. They were joined by client service associate Saba Lak. Prior to joining UBS, Palmer worked at First Republic for nearly 12 years as managing director and wealth advisor. Kaimer, who joined as a financial advisor, has more than 30 years of experience working in financial services. He spent the past 24 years at First Republic. Lak also came from First Republic Private Bank, where she spent five years as a preferred banker. 

Certuity, the US multi-family office, appointed Mariia Eroshin as a managing director for its family office, foundations and endowments business. Eroshin brings more than 20 years of experience working with ultra-high net worth families, foundations, endowments and family offices. Previously, Eroshin was senior vice president and private wealth advisor for UBS Financial Services, where she created and led a UHNW family offices and foundations practice. 

CanDeal, a provider of electronic Canadian fixed income marketplace solutions, data, and information services, launched a new division to focus exclusively on benchmark administration and related services. Compliance veteran Louise Brinkmann was named head of CanDeal Benchmark Solutions. 

Financial advisor Michael Schwartz and his team joined Iron Birch Advisors, an independent channel of Ameriprise Financial. They had been working with Cetera Advisor Networks. 

BNY Mellon Wealth Management appointed Chris Vella as the new chief investment officer for its Investor Solutions business. Vella is based in New York and reports to Sinead Colton-Grant, head of IS. Stephen Kolano was the previous CIO of BNY Mellon Investor Solutions.

Vella joined BNY Mellon from Northern Trust where he spent 20 years, most recently as chief investment officer of multi-manager solutions with responsibility for investment strategy, manager selection and portfolio construction for institutions and family offices. 

Alex Brown, a division of Raymond James, welcomed client advisor Eva Marina Ovejero, CPM®, to its Miami, Florida office. Ovejero was previously at Morgan Stanley, where she managed approximately $509 million in client assets and specialized in serving high net worth Central and Latin American families and business owners. She joined Alex Brown's Brickell Avenue branch, headed by Eric Termini, regional executive for South Florida. 

Calamos Investments, the Chicago-headquartered firm, added two senior executives to its Calamos Wealth Management business. Jon Adams joined as chief investment officer, for wealth management, and John Campbell joined as chief wealth strategist, head of wealth planning and trust services. They are both senior vice presidents, based in Chicago’s metro area, reporting to Joe Weidenbach, who was hired as head of Calamos Wealth Management in October last year.  

Cresset, the US wealth management firm, appointed Mark Rogozinski as executive managing director of its family office services group. Rogozinski, who brings 30 years’ experience in wealth management, including wealth advisory, wealth tech, and multi-family office firms, served in many C-suite roles. Before joining Cresset, Rogozinski was chief strategy officer for Pitcairn, the multi-family office. He took over from David Fisher, who moved into a senior advisor role with Cresset.

CIBC Private Wealth, US, appointed Robert McKeon as its new chief fiduciary officer responsible for overseeing the fiduciary activities and trust administration practices of the firm’s National Trust Company and Delaware Trust Company. Prior to joining CIBC Private Wealth McKeon, who has more than 25 years of experience, served as an executive vice president and senior director of fiduciary oversight at M&T Bank/Wilmington Trust. Previously, McKeon held leadership positions in the wealth management and fiduciary divisions of Merrill Lynch, Morgan Stanley and Capital One. 

Raymond James welcomed financial advisor David Weimer to Raymond James Financial Services – the firm’s independent advisor channel – in Glenwood Springs, Colorado. Weimer founded and led Weimer Wealth Management. His team includes senior client services manager, Julie Pelland, and client service associates, Lisa Weimer and Debbie Bethell. Previously, the group was affiliated with Edward Jones where they managed more than $165 million in client assets. Weimer has gained more than 23 years of experience since launching his financial planning career at Edward Jones in 1999. 

Raymond James also welcomed financial advisor Charles Mann to Raymond James Financial Services. Mann owns Habit Financial in Canadian, Texas, where he is joined by branch operations coordinator Ashley Billings. Previously, he was affiliated with Edward Jones managing approximately $180 million in client assets.

Raymond James welcomed financial advisor Kyle Roulet to its independent advisor channel in Folsom, California. As managing partner at R6 Wealth Partners, Roulet serves select families, business owners, corporate executives, retirees and captive insurance holders with financial plans and strategies. His team includes client service administrator, Nancy Rhea, and client service associate, Logan Roulet-Disalvo. He was formerly at Edward Jones where he managed more than $145 million in client assets.

Raymond James welcomed financial advisor Juan Militello, MBA, to Raymond James & Associates – the firm's employee advisor channel – in Coral Gables, Florida. Militello joined RJA's South Florida complex, led by complex manager Stephen Sullivan. He previously managed more than $240 million in client assets at Morgan Stanley.

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