People Moves

Summary Of Industry Moves In The Americas: January 2015

Eliane Chavagnon Editor - Family Wealth Report February 2, 2015

Summary Of Industry Moves In The Americas: January 2015

A summary of all the executive moves in the Americas covered by Family Wealth Report in January 2015.

Oppenheimer & Co named managing director Doron Barness as head of trading at its US equity division, succeeding Peter Feinberg. Barness will remain based in Oppenheimer's global headquarters in New York City, reporting to John Hellier, senior managing director and head of equities.

Before joining Oppenheimer, Barness was a founding partner at WP Asset Management, responsible for trading and operations, business development and asset raising. Prior to his stint on the buy-side, he spent 14 years at Goldman Sachs, and began his career on Wall Street as an analyst in the investment banking program at Salomon Brothers.

Manulife Asset Management named its inaugural president for Canada in the wake of its acquisition of Standard Life’s assets in the country. Roger Renaud will also help to integrate his old firm’s Canadian arm into Manulife’s offering, as well as developing its business model in the region.

At Standard Life Investments, Renaud spent the past ten years as president of its Canada business. During his tenure at the firm he also served as president of group savings and retirement at Standard Life Assurance Company of Canada as well as vice president of sales at Standard Life Mutual Funds. He will report to Kai Sotorp, president and chief executive of Manulife Asset Management, who also holds the post of executive vice president and global head for wealth and asset management at Manulife.

The wealth management cloud platform provider Advisor Software named Erik Jepson as chief customer officer, responsible for client-facing operations including sales, marketing and client support. Jepson will report to the firm's chief executive, Andrew Rudd. Prior to joining Advisor Software, he was chief marketing officer at Personal Capital, a Silicon Valley financial technology startup. He has also held senior leadership roles at Charles Schwab, TradeStation, Royal Bank of Scotland and E*TRADE.

The global tax firm Andersen Tax recruited the Financial Controllers Group, a multi-client family office specializing in back-office solutions, family planning and compliance, in Chicago, IL. Carole Cederstrom and John Snider were the owners of the Financial Controllers Group and joined Andersen Tax as directors.

Cederstrom has been providing financial advisory and accounting services to individuals and businesses for over 30 years and prior to founding the Financial Controllers Group worked at Arthur Andersen. Snider serves families and their related businesses, trusts, foundations and other entities, having spent his entire 40-year career in the financial services sector. He too began his career at Arthur Andersen in Chicago.

Wealth Management Marketing/Angie Herbers, a practice management consulting firm focused on the financial advisory sector, hired Rob Pascual as a business strategist. In his new role, Pascual will provide practice management consulting advice and implementation services to financial advisory firms on issues ranging from structuring for scalable growth to boosting business value for a potential sale. Pascual has 25 years of experience in the financial services, risk management and insurance industries. Before joining Wealth Management Marketing/Angie Herbers, he was a business and marketing consultant at a national field marketing organization, working with over 100 financial advisors and RIAs across the US.

RBC Wealth Management (US) expanded its presence in the greater Dallas area, adding a three-member team in Plano. The Winkler Group joined from UBS Financial Services and is comprised of financial advisors James Winkler and Lauren Johnson, and Randi Richardson, client associate.  The team has close to $200 million in assets under administration and $1.3 million in production. Winkler has 34 years of industry experience and Johnson has worked in the industry for 12 years.

The Atlanta, GA-headquartered wealth advisory firm SignatureFD promoted its director of operations, Heather Fortner, to chief operating officer - a new role at the firm. Fortner – who also serves as SignatureFD's chief compliance officer – oversees business strategy and projects that impact client experience, team performance and overall firm success.

Raymond James & Associates recruited financial advisor Rob Torrington in Palm Beach Gardens, FL, from UBS. At UBS, Torrington managed $103 million in client assets and had about $875,000 in annual production. Torrington started his career at Barnett Bank, working as a banker before transitioning into the company’s wealth management sector, Barnett Investments. He also worked as a financial advisor at First Union Brokerage Services (later Wachovia Securities) and UBS Financial Services before joining Raymond James.

Taylor Frigon Capital Management hired Jonathan Wornick to lead its San Francisco wealth management office. He joined the firm, based in San Luis Obispo, CA, from a family real estate business where he was managing partner. In his new capacity, Wornick will cover ultra-high net worth families in Northern California, introducing them to the firm's array of wealth planning, investment strategies and concierge services.

Mariner Holdings, an independent financial services firm and the parent company of Mariner Wealth Advisors and Montage Investments, expanded its tax advisory affiliate, Mariner Consulting, into the Kansas City area. The firm hired Scott Voss to lead the local expansion as well as Ryan Drake, tax senior, and Megan Deay, staff member. They will be based in Mariner Holdings’ Leawood, KS, headquarters. Voss was previously a partner at RubinBrown and has also held leadership roles at PricewaterhouseCoopers, KPMG, Embarq Corporation and Compass Minerals International.

Snowden Lane Partners, the advisor-owned wealth advisory firm, added a new group in the shape of Robert Feldman and Donna Bowler at its new office in Pittsburg, PA. Operating as The Feldman Group – formerly of Merrill Lynch - Feldman is a partner and managing director, while Bowler serves as a private wealth advisor. The Feldman Group works with high net worth individuals, families and institutions. Snowden's managing partner and president, Greg Franks, said Pennsylvania is a “key market” for the firm and it is therefore focused on building its advisor base there.

Houston, TX-based Sentinel Trust Company, a multi-family office, made two executive promotions and a new hire. Lissa Gangjee, who joined in 2012, was promoted to president and will be responsible for the delivery of all Sentinel services to clients. Gangjee joined as senior vice president and senior relationship officer before being promoted to senior managing director and head of client service in 2013.  Before Sentinel, she was managing director of wealth planning, senior relationship manager, and Portland, OR, office head at Threshold Group. 

Meanwhile, Anne-Lise Wiegand was promoted to senior vice president and senior relationship officer. She will continue to lead the investment, planning, fiduciary, administrative and family office services delivered to certain clients. Prior to joining Sentinel, Wiegand was associate director of wealth planning at advisory at Threshold Group, starting her career at Albina Community Bank. Sentinel also hired Angela Caraway as vice president and senior relationship officer from Bank of America/US Trust, where she has worked since 1993 and was most recently vice president and trust officer in the private wealth management division. 

Dynasty Financial Partners brought in Paul Landaiche from Merrill Lynch Wealth Management as director of RIA growth – a new role at the firm - reporting to Tim Bello, partner and director of network development. Landaiche will work with Dynasty’s current network advisors to assist them with inorganic growth opportunities such as acquisitions and advisor tuck-ins. He will also assist Dynasty’s relationship managers with overall business development.

In his former role at Merrill Lynch Wealth Management, Landaiche was director of the Oklahoma complex, having worked there for 14 years. Meanwhile, Dynasty Financial Partners also hired Gordon Ross as a member of the relationship management team, reporting to senior vice president John Sullivan. Ross will focus on the transition of new advisor teams and the ongoing practice development and servicing of existing network firms. Ross has over ten years of experience in the US and UK wealth management industries.

He worked for seven years at Bestinvest Brokers in London and then spent two years at Atlantic Trust Private Wealth Management, where he helped manage the personal client book of the COO. Prior to joining Dynasty, Ross was a relationship manager at BBR Partners in New York, a multi-family office.

Incapital named John DesPrez – the former chief executive of John Hancock Financial Services and COO of Manulife Financial – as its new chief executive. The firm confirmed that DesPrez succeeded Phil Johnson, president of Incapital, who served as acting CEO. DesPrez will lead Incapital in its efforts to provide a wider range of financial products by expanding the firm’s presence in the dealer, advisor and institutional communities.

As CEO and president of John Hancock Financial Services, DesPrez oversaw an operation focusing on wealth management business lines such as annuities, mutual funds, group pensions, college savings plans, structured financial products and managed accounts.

He also oversaw the US operations of Manulife for ten years, during which time the company purchased John Hancock. Two years later, in addition to the US operations, he was also given responsibility for Canada. A year later, he also began overseeing operations in Asia, earning the title of COO with oversight of all the firm’s operating businesses globally.

Dan Farley was promoted to regional investment director at US Bank's Private Client Reserve, which serves clients with at least $3 million in net worth. Farley, who joined the PCR in 2010 as a senior portfolio manager, will support the PCR's leadership and investment professionals in primarily the eastern region, based in Minneapolis. He will also remain involved in overseeing the Twin Cities investment team. Prior to joining US Bank, Farley was a vice president at Dougherty Commercial Properties, having also worked as a management consultant within Deloitte Consulting’s strategy practice. 

The family-owned wealth management firm Threshold Group added Ruben Ortega - a former executive at, Google and Nordstrom - to its board of directors. Ortega is an innovator in online search and scaling in e-commerce businesses, holding over three dozen patents focused on improving customer experience in searching and browsing.

First Republic Bank recruited portfolio managers and managing directors Hugh Beecher and Rick Gordon from Barclays in San Francisco, CA. Beecher and Gordon joined First Republic Private Wealth Management, which provides trust, investment management and brokerage services to high net worth individuals and families, foundations and endowments. They both previously worked at Barclays' wealth management group in San Francisco.

BNY Mellon hired Colleen Murphy as a senior wealth director in Naples, reporting to Lisa Simington, regional president for the west coast of Florida. Over the past two years, BNY Mellon has rapidly added staff in Florida, which it remarked is one of the nation’s highest-growth wealth markets. Throughout western Florida, Simington expects to add several more wealth directors this year, along with portfolio managers and support staff.

Before joining BNY Mellon, Murphy was a development and capital campaign consultant to non-profits and family businesses. Before that, she was president and chief executive of the Community Foundation of Collier County in Naples. Earlier in her 35-year career, she was managing director at Gibraltar Private Bank & Trust in Naples, and Florida district president at Key Private Bank.

The global investment management firm PIMCO named Gene Sperling – a former principal economic advisor to two US presidents – as a consultant to the firm on US economic policy issues. Sperling will participate in PIMCO’s cyclical and secular economic forums, provide input to the firm’s investment committee and work with the firm’s portfolio management group. She was the director of the US National Economic Council and assistant to the president for economic policy in both the Clinton and Obama administrations.

TIGER 21, the North American peer-to-peer learning network for wealthy investors, made three administrative promotions at its New York headquarters. Wendy Gartenberg was named as chief financial officer, Alison Smith was promoted to vice president of marketing and membership, and Kristyn Comei is now manager of membership. These are all new roles at the organization.

Gartenberg joined TIGER 21 in 2012 as controller and now manages all aspects of financial controls, budgets, cash flows, projections and analytics. She previously worked as controller for seven years at Marie Chantal, a UK-based wholesale, retail and e-commerce company.

Smith, vice president of marketing, joined TIGER 21 in 2007 and her team oversees around 350 member events annually. Before TIGER 21, she worked at Marina Maher Communications, a marketing and public relations company. Earlier, she worked at the United Nations Association.

Comei, who joined TIGER 21 in 2013 as a membership assistant, is now the point person for the more than 300 members across North America, while managing 28 group meetings around the country each month. Before joining the network, Comei worked at Unum Group as a senior disability benefits specialist, handling individual disability claims.

US Trust, part of Bank of America's global wealth and investment management division, made 15 appointments across eight states from rivals including JP Morgan, Citi and Wells Fargo. In the Northeast, the firm made five private client advisor hires in New York, as well as two in Massachusetts and one each in Connecticut and Rhode Island. In NY, Unaizah Moonis, Robert Eberley, Youn Lee, John Duaneand Kathryn Turner joined from Citi, JP Morgan, JP Morgan, Wells Fargo and Town Real Estate respectively. In Massachusetts, Dian Quinn joined in Boston, MA, as a senior philanthropic relationship manager from Bank of the West while Rick Tyson was hired as a private client advisor from Boston Private Bank & Trust Company.

Rounding out the northeastern hires were Alex Ramos in Greenwich, CT, as a private client advisor from Deutsche Bank, while Kristin MacMannis – formerly a marketing strategist with US Trust – assumed a new role as a private client advisor in Providence, RI.

Meanwhile, in Texas Shantel Butler joined in San Antonio as a senior philanthropic relationship manager from The Boeing Company and in Minnesota Phillip Ebner joined in Minneapolis as a private client advisor from North Sky Capital. To the west, in Denver, CO, Kimberly Eilber was recruited as senior trust officer; Frederick Fischer joined as a private client manager; and Wesley Weise joined as a private client advisor – all of whom are latterly of Northern Trust.Lastly, in California Amy Ko was added in San Francisco as a private client advisor from Fiduciary Trust Company.

Aequitas Capital, the alternative investments specialist, shook up its executive team with two promotions and one external appointment. The management structure reorganization was undertaken to allow Aequitas’ chief executive and chief investment officer, Bob Jesenik, to focus on business development and opportunities by streamlining responsibilities.

Scott Gillis, an already-standing member of the firm’s advisory board since 2014, became partner and chief operating officer. He took charge of Aequitas’ financial planning and analysis, capital markets, legal, and information technology/business operations groups. Current executive vice president and president of Aequitas Wealth Management, Brian Rice, took over Portland, OR-headquartered Aequitas Capital’s marketing, human resources and client service operations. Finally, the firm appointed Edward Tezeria as senior vice president and chief accounting officer, reporting to Olaf Janke, executive vice president and chief financial officer.

Tezeria moved from American International Group, where he was senior vice president of AIG Life and Retirement. He spent 13 years at the firm, most recently heading its internal and external reporting efforts. During his time at AIG Life he worked with Gillis, who was latterly chief financial officer of AIG Retirement Services, leading the growth of five annuity insurers and six business groups to $240 billion in assets.

Scott Diamond was hired as a vice president and senior advisor at Birmingham, MI-headquartered-based Schechter Wealth, an independent investment advisory and life insurance firm. Based in Los Angeles, CA, Diamond will promote the firm's life insurance strategies to CPAs, attorneys, and personal advisors of high net worth individuals, families and business owners. The firm also has an office in New York, which it launched in 2013.
Diamond latterly served as president of Roxbury Consultants, where he designed executive benefits programs. He also has significant experience working in the individual life insurance market, including traditional life products and private placement variable life contracts.

Raymond James recruited financial advisor Joel Feldman to the existing Conshohocken, PA, office of Raymond James & Associates, the firm's traditional employee broker-dealer of Raymond James Financial. The branch is led by Rick Hartman.

Feldman, senior vice president of investments, joined with senior registered sales associated, Ann Bender. The pair operate as Feldman Wealth Management of Raymond James and are latterly of UBS, where they managed over $188 million in client assets and had annual fees and commissions in excess of $1.28 million. Feldman has been a financial advisor since 1982, moving in 1997 to UBS Financial Services before joining Raymond James.

Bender began her career working as an administrative assistant at US Trust Company in 1978.  Nine years later she joined UBS Financial Services and worked at branch offices in New York City and later in the Philadelphia area, working with high net worth clients.

Alternative investments was in the limelight at Rothschild Asset Management, with the appointment of a head and managing director for the division. Set to join the team in April are Shakil Riaz, who will become head of US alternative portfolio management and global chief investment officer, and Anthony Marzigliano, who will serve as managing director.

The pair were hired to develop Rothschild’s capabilities across the spectrum of alternative products across the globe, the firm said. They will join from Arden Asset Management, where they have worked since 2009. Riaz was managing director and member of the investment committee, where he oversaw the creation of portfolios for state, corporate and union pension plans. Marzigliano was managing director and member of the working investment committee, heading the team’s global macro and credit sectors research. Prior to Arden, Riaz was chief investment officer for JP Morgan’s internal hedge fund investment program.

Deutsche Asset & Wealth Management brought in Mihir Meswani and Nicolas Laporte as portfolio managers to strengthen the firm’s hedge fund advisory business, which is led by Tim Gascoigne. Both will incorporate liquid alternatives such as managed accounts, UCITS and ’40 Act funds into clients' portfolios.

New York-based Meswani was most recently a consultant to Mount Yale Capital Group, having previously served as chief investment strategist at Sandalwood Securities. Earlier in his career, Meswani was director of public investments at the Robert Wood Johnson Foundation, having also worked at Bank of America, JP Morgan and Bankers Trust.

Meanwhile, London-based Laporte was most recently a senior portfolio manager of alternative investments for the British Airways Pension Fund. Previously, he held positions at Novartis’ pension fund, and at HSBC Private Bank. He started his career in the investment analysis and advice group of Citi Private Bank.

Boston Private Bank & Trust Company hired Patrick Patterson as vice president of commercial lending. Patterson’s primary focus is on developing new commercial and private banking relationships, managing a portfolio of existing clients and expanding client engagement across the bank. He previously held relationship manager roles at JP Morgan and Citi, as well as business development roles at Bank of America. In October 2014, Boston Private Bank & Trust Company completed its previously-announced acquisition of the registered investment advisory firm Banyan Partners, while unveiling the identity of the combined entity: BP Wealth Management.

Barclays brought in industry executive Gary Domoracki as managing director and regional manager at its wealth and investment management office in Boston, MA. Domoracki was latterly chief executive of two prominent multi-billion-dollar family offices in Boston. Other roles he has held previously include managing director and regional executive at Deutsche Bank - responsible for wealth management in New England – and regional manager at the private bank of Credit Suisse. At Barclays, Domoracki now reports to Michael Burke, managing director and head of the Eastern region.

RBC Wealth Management promoted Brewster Sears to branch director of its Syracuse, NY, office. Sears joined RBC Wealth Management’s Syracuse office as a financial advisor in 2004 and has spent 27 years in the financial services industry. He is now responsible for the oversight of six financial advisors in the Syracuse office, which is one of five RBC Wealth Management offices in the Rochester, NY, complex. Others include Buffalo, Capital Region, Rochester and Watertown.

Fiduciary Trust Company International recruited Claudia Reithauser from Northern Trust as managing director and business development officer of Fiduciary Trust International of the South, based in Miami, FL. Reithauser spent almost a decade at Northern Trust as a vice president and senior trust advisor, focused on ultra high net worth individuals and families.

Bethesda, MD-based Bridgewater Wealth & Financial Management, a Focus Financial firm, appointed Nina Mitchell as a principal. Mitchell's client roster of professional athletes and corporate executives adds close to $200 million in assets to the firm, increasing Bridgewater’s total client assets to over $700 million. Prior to joining Bridgewater Wealth, she co-founded MTX Wealth Management, another Bethesda-based RIA, where she was a principal advisor and co-managed the company’s overall investment process.

Jaime Eichen – former chief accountant at the SEC's Division of Investment Management – rejoined EY as a partner in the professional practice group, focused on the wealth and asset management sector. At the SEC, which she joined in 2008,  Eichen interpreted new accounting and auditing regulations while also directing the financial reporting, accounting and auditing practices of investment companies. She also spent three years as an assistant chief accountant in that division. Prior to working at the SEC, Eichen provided assurance services to asset management clients - including mutual funds, hedge funds, private equity funds, investment advisors and general partners - as a senior manager at EY.

Laura Pierson was promoted to managing director of Peak Advisor Alliance, the financial advisor coaching and resources firm which is part of Omaha, NE-based Carson Wealth Management Group. Pierson, who joined Peak Advisor Alliance in 2006, previously served as vice president and general manager, tasked with directing the day-to-day operations of the organization. In her new role, she will lead all aspects of the business including the development and execution of strategic initiatives and staffing. Pierson took over the mantle from Paul West, who took on a new enterprise-wide role at Carson Wealth Management Group as managing director of business development. West will be responsible for the growth of new business and relationships for its Carson Institutional Alliance, Carson Wealth and Peak Advisor Alliance subsidiaries.

A financial advisory firm was added to Raymond James Financial Services’ ranks in Brea, CA. Joining was Danielle Blunt, leader of the independent firm Blunt Wealth Management, alongside branch assistants Veronica Ortiz and Meredith Gauck. The trio moved from Edward Jones, where Blunt managed over $114 million in client assets with an annual production of just under $900,000. Blunt spent the past 14 years at Edward Jones, initially joining in 2000 as a financial advisor. Through this recruitment Blunt will be able to offer her clients resources such as financial planning tools and equity research from Raymond James, as well as initiating the firm’s goal planning and monitoring technology platforms.

Wilmington Trust hired Luke Tilley as its new chief economist, tasked with overseeing the firm’s efforts in the macroeconomic forecasting area. Based at the firm's headquarters in Wilmington, DE, he is also responsible for communicating the firm's economic outlook and investment strategy to clients and the public.Tilley was previously an officer and economic advisor at the Federal Reserve Bank of Philadelphia. Before that, he spent around four years as a senior economist at IHS Global Insight and earlier was an economist at the US Department of Housing and Urban Development.

The Carlyle Group, a global asset manager, named Georgette Kiser as managing director and chief information officer, effective February 2. Based in Washington, DC, Kiser will report to co-presidents and co-chief operating officers Mike Cavanagh and Glenn Youngkin. She joined from T Rowe Price, where she was vice president and director of enterprise solutions and capabilities for services and technology. In her new role at Carlyle, she will develop the firm's global IT strategy including its application development, data, digital, infrastructure, and program management and outsourcing activities.

Bessemer Trust appointed Ron Ferrari as a principal and senior wealth advisor in southern California. Before joining Bessemer, Ferrari was a private client advisor at Bernstein Global Wealth Management and has also held similar roles at Wells Fargo Bank and HSBC North America. In his new role he reports to Jeff Glowacki, managing director and western region head.

TIGER 21, the US learning group for high net worth investors, brought in Laird Cagan as chair of its San Francisco, CA, group, replacing Julie Garella. Cagan is managing director and co-founder of Cagan McAfee Capital Partners, which since 2002 has founded, funded and taken public ten companies – primarily in industries with a focus on energy, alternative renewable energy and cleantech. He previously worked in M&A at Goldman, Sachs & Co and at the investment banking firm Drexel Burnham Lambert.

Baird named Tina Schlichting as branch manager of the firm’s Sheboygan, WI, wealth management office. Paul Stenklyft, who has managed the office since 1980, will continue to serve clients as a financial advisor, as will Schlichting in her new role. Schlichting began her career in 1993 with the former brokerage firm A G Edwards, joining Baird in 1997 as a sales assistant and becoming a financial advisor in 2001.

Two former BNY Mellon employees created REI Wealth Management, a Tampa, FL-based independent advisory firm, by affiliating with Raymond James' investment advisors division. The team consists of president and chief executive, Raymond Ifert, and Lorraine Faedo, vice president. In his previous role at BNY Mellon, Ifert managed the Tampa office and its $850 million in client assets. He has worked in the financial services sector for over 32 years, having built a corporate trust business and held roles at NationsBank (now Bank of America), AmSouth Bank (now Regions Bank) and BNY Mellon before establishing his own firm and affiliating with Raymond James’ RIA division. Faedo - latterly an assistant portfolio officer at BNY Mellon Wealth Management - has also worked at Bank of America as an assistant vice president in the wealth management group.
Wells Fargo Advisors  made three hires in California, in the shape of Dennis Shapses and David Cuellar in Palo Alto, and Shahmir Moussavi in Pleasanton. Shapses and Cuellar joined from Morgan Stanley where they managed over $240 million in combined client assets. They will continue to focus their practice on personal retirement planning.

New York City-based TC Wealth Management, which oversees $550 million in client assets, has joined the HighTower Partnership.TC Wealth Management marked the first team of 2015 for HighTower, which completed a total of 13 transitions in 2014 and is “on track to exceed that number this year,” the firm said.

J Emmett Towey and J Michael Cantore joined as partners and managing directors. Most recently of UBS, Towey was a senior vice president of investments and a corporate stock benefit consultant. Cantore served as senior vice president of investments, portfolio manager and corporate stock benefit consultant. The team also includes director Michael Tobin and operations director Jennifer Doran from the Towey Cantore Group at UBS Wealth Management.

Wilmington Trust appointed a new head of trust administration of its advisor solutions group in Wilmington, DE. Also taking up the mantle of managing director, Timothy Powers will set the fiduciary strategic direction of the advisor solutions group, with a focus on best practice and industry regulations. Powers brings to the firm a history of regulatory experience, having moved most recently from Morgan Stanley where he served as chief fiduciary officer. In this role he led a team of 50 trust professionals in areas such as tax and special assets; he also was the lead bank representative to the OCC. Prior to this Powers was a senior trust officer at UBS Trust Company and chief trust officer at Citi Trust.

Catherine Arnold was appointed as a vice president and wealth management advisor at US Bank’s Private Client Reserve in Seattle. Arnold will provide clients with investment management, private banking, trust and estate, and wealth planning services. Prior to joining the PCR, she was a vice president and senior director at BNY Mellon Wealth Management and previously a vice president and private client advisor at The Private Bank of Union Bank.

Babylon, NY-based Blue Water Advisors, an independent wealth management firm and SEC-registered investment advisor, brought in Matthew Rapoport as a wealth management advisor. The news came after the firm named Jeff Wund as its first ever chief operating officer and chief compliance officer last month. Rapoport will serve as the lead advisor for some 50 client relationships and will be the in-house thought leader on tax and estate planning.

Prior to joining BWA, Rapoport was a director for Joel Isaacson & Co, an independent wealth management firm based in Manhattan. Previously, he was a vice president at BNY Wealth Management and a senior financial planner at The Ayco Company (now a division of Goldman Sachs).

The Carlyle Group, a global asset manager, promoted its interim chief financial officer, Curtis Buser, to CFO. Washington, DC-based Buser has served as Carlyle’s interim CFO since May 2014 and is a member of the firm’s management committee. He has around 30 years of experience in accounting and financial management. He was a partner at Arthur Andersen and Ernst & Young for 19 years prior to serving as Carlyle's chief accounting officer for ten years.

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