Here is a round-up of all the hires and departures covered by Family Wealth Report during the month of June 2016.

City National Bank hired Lisa Farley as a senior vice president and private client advisor in the South Bay area. Farley was most recently a private wealth advisor at UBS Private Wealth Management in Los Angeles. In that role, she advised ultra high net worth individuals, family foundations and entrepreneurs on portfolio management, wealth planning and philanthropic issues.

Deutsche Bank appointed compliance executive Saleha Bilal as chief operating officer of its UK wealth management arm, replacing Lindsay Nicholls-Smith who will take charge of the lender's “Know-Your-Client” (KYC) screening globally. Nicholls-Smith, who joined Deutsche in 2013, currently oversees wealth management operations in the UK and southern Europe. She previously spent four years at Lloyds Banking Group. In this newly-created, global role, she will be based in London. Her successor, Bilal, also based in London, has been head of compliance for the bank's UK wealth management business since 2012, according to her LinkedIn profile. Before joining the German lender, she worked in compliance advisory at Barclays Wealth.

Four attorneys and additional staff from the Los Angeles, CA-based family law firm, Phillips Lerner, joined Blank Rome. The team are part of the law firm's matrimonial and family law group, taking its US practice to nearly 30 attorneys. Stacy Phillips and Kevin Martin will join as partners, while Marc Lerner and Pauline Martin join as of counsel.

In other high-level moves at Deutsche Bank, asset management head Quentin Price stepped down earlier this month. In May, the bank welcomed back Patrick Campion, who had been running HSBC's US private bank, as head of wealth management for the Americas, and, in April, Pamela Root became global head of compliance and group chief compliance officer.

Janney Montgomery Scott promoted Anne Lurton to senior vice president and complex manager of the firm’s Washington, DC, complex, which also includes an office in Alexandria, VA. Lurton replaced Jeff Smith who was recently promoted, as reported here, to head of recruiting and business development for Janney’s private client group at its headquarters in Philadelphia, PA. Lurton was previously assistant complex manager for the Washington, DC, complex, which is home to 22 financial advisors, overseeing $1.9 billion in client assets.

Former Morgan Stanley Wealth Management MD Jason Moore joined Brinker Capital as chief administrative officer – a new role at the firm. Moore will work with the investment team and the sales and distribution teams, reporting jointly to Noreen Beaman and Chuck Widger, chief executive, and founder and executive chairman, respectively.

As previously reported, while the search for a new chief investment officer is underway, senior vice presidents Jeff Raupp and Chris Hart are leading the investment team and reporting to Widger. Two investment committees have also been formed: the asset allocation committee, chaired by Raupp, and the manager research committee, chaired by Hart.

Spearhead Capital Advisors, which serves ultra-wealthy investors, recruited Tim Troutman as chief operating officer. Troutman has worked at a number of well-known firms such as Tiedemann Wealth Management and JP Morgan Private Bank. He worked at the former from 2002-2010, helping to establish its presence in Palm Beach, FL, while overseeing family office operations. As COO at Spearhead, Troutman will oversee aspects of the firm's recently-launched “advanced wealth planning” service model, including balance sheet and cash flow reporting for the firm’s ultra high net worth and family office clients. He will also have operational oversight of the firm and its turnkey asset management solutions.

AlphaCore Capital has logged a rise in demand for alternative allocations from independent advisors, particularly among those with ultra-wealthy clients, and so expanded its team accordingly. Brett Upper joined the La Jolla, CA, based firm as a senior investment advisor from Nautical Wealth Management, while Dirk Harris was promoted to managing director of the private client group.

Atlantic Trust, the US private wealth management division of CIBC, brought in Halsey Schreier as a vice president and wealth strategist in New York. Since January 2016, the New York office has added two team members and now has a total of 38 wealth management professionals, the firm said. It added that it has made nearly 40 hires across the US over the past year, including nine in senior business development, relationship management, investment and wealth strategies roles.

Prior to joining Atlantic Trust, Schreier was an associate at Smith Moore Leatherwood in Charleston, SC. In that role, he worked in wealth management, taxation, trusts and estates, trusts and estate administration, trusts and estates litigation, mergers and acquisitions, and corporate law.

SunTrust Private Wealth Management made a senior appointment in the Sunshine State. Victoria Rixon joined SunTrust Private Wealth Management as division executive covering south Florida - a new role at the firm. Rixon brings more than 30 years of financial services experience to SunTrust, the last 18 years of which she spent in private banking. She joined from JP Morgan, where she managed the firm's private wealth management business spanning Miami to Jacksonville (excluding Orlando) since 2010.

Noyes, the wealth management and investment banking firm, added Scott Schmidt to its Elgin, IL-based wealth management group. Schmidt was previously an investment executive at Firth Third Securities, and will continue as founding partner at Schmidt & Lerner, a law firm specializing in estate planning. Schmidt began his career in 2007 as an associate attorney at the law firm O’Connell, Tivin, Miller & Burns in Chicago, IL. In 2011, he joined Meritus Financial Group and in 2014 moved to Fifth Third Securities.

Fiduciary Trust Company International, a global investment manager and wholly-owned subsidiary of Franklin Resources, recruited Hank Murphy as a managing director and portfolio manager. Murphy is responsible for investment manager research, selection and monitoring, based in the firm’s New York City headquarters. He joined Fiduciary Trust with over 25 years of experience in alternative investments. Most recently, he was a partner and director of investor relations and business development at SLS Capital, a New York-based hedge fund. He has also held senior roles at Investcorp International, where he founded and managed Investcorp’s hedge fund seeding platform, as well as Tiger Management and Cambridge Associates.

SS&C Technologies, a global provider of financial services software and software-enabled services, appointed Will Entwistle as a senior vice president of the firm's institutional and investment management divisions. Entwistle, who is tasked with building out and leading SS&C's North American sales team, was previously a vice president of wealth management and trading solution sales for the Americas at Interactive Data Corporation.
Deutsche Bank appointed compliance executive Saleha Bilal as chief operating officer of its UK wealth management arm, replacing Lindsay Nicholls-Smith who will take charge of the lender's “Know-Your-Client” (KYC) screening globally.

Nicholls-Smith, who joined Deutsche in 2013, currently oversees wealth management operations in the UK and southern Europe. She previously spent four years at Lloyds Banking Group. In this newly-created, global role, she will be based in London. Her successor, Bilal, also based in London, has been head of compliance for the bank's UK wealth management business since 2012, according to her LinkedIn profile. Before joining the German lender, she worked in compliance advisory at Barclays Wealth.

Atlas Private Wealth Management, the North Adams, MA-based RIA, made three hires across its offices in Vermont, New York and Massachusetts. Christopher Aiello joined Atlas as a vice president and wealth management advisor in the Manchester Center, Vermont, office. He previously worked at TD Bank, Wells Fargo Private Bank, Ayco Company, a Goldman Sachs company, and PwC.

Meanwhile, Brendan Walsh is a senior tax and financial planning advisor in Albany, NY. He has over 16 years of experience working with clients in the areas of tax compliance and financial planning. Lastly, Joseph Kroboth joined as an associate advisor in North Adams. Kroboth started his career in the financial services industry over 20 years ago, working at Morgan Stanley Dean Witter, First Albany Corporation and First Union Securities.

There was change at the top of Oppenheimer & Co's private client services unit, involving a departure and two senior appointments. Senior vice president Tom Fritzlen, a 30-year veteran of the firm, is retiring and being replaced by Jim Lowe. Meanwhile, Mark Trafford and Todd Wiggins were appointed as branch managers of the Seattle, WA, and Atlanta, GA, branches, respectively.

Lowe, who took on Fritzlen's responsibilities as part of the senior private client management team, has held executive roles at numerous wealth management firms. Most recently, he was a branch manager at Oppenheimer's lower Manhattan branch, while also managing an investment advisory practice, the firm said. He was also previously an executive director at Josephthal & Co, where he oversaw operations at 14 offices.

As branch managers, Trafford and Wiggins will be responsible for recruitment-related efforts, as well as helping manage day-to-day operations and guiding financial advisors in their respective locations. In Atlanta, Wiggins replaced Gordon Morse, who the firm confirmed decided to leave after 31 years of service; Trafford was hired from Wells Fargo to take Walker’s place managing the Seattle branch, so that Lowe can manage Oppenheimer’s Bellevue, WA, complex, it told Family Wealth Report. Trafford began his career at Dain Bosworth and then moved to Morgan Stanley in 1999. He joined Wells Fargo in 2012, where he managed the Kirkland/Issaquah complex before jumping ship to Wells Fargo Advisors. Wiggins, meanwhile, previously held leadership positions at firms including Morgan Stanley, Smith Barney, Marquis Investments and, most recently, UBS Financial Services.

Salvatore Sodano took on the newly-created role of vice chairman at Broadridge Financial Solutions, while Stephen Scruton was promoted to president of Advisor Solutions, a business unit within the firm. Sodano is tasked with integrating wealth management assets and for setting “standards of operational and service excellence,” Broadridge said. Scruton, meanwhile, will oversee revenue and product management activities.

Sodano was previously chairman and chief executive at American Stock Exchange, as well as chief operating officer and vice chairman of the National Association of Securities Dealers (then NASDAQ's stock market parent). He will continue as an independent director and vice chairman of the board at Associated Capital Group, as well as vice chairman of the board at Gabelli Securities. Scruton, previously a vice president and general manager, was previously founder of Direxxis, which was acquired by Broadridge in March 2015. Prior to Direxxis, he was founder of Marketing Information & Technology, which was acquired by Lexis Nexis.

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BDO USA, the professional services firm, named Jeffrey Kane as national managing partner of its private client arm. Kane, who previously led the firm’s national tax office, has more than 40 years of experience providing tax and financial consulting services to high net worth individuals. 

Calamos Investments, global investment management firm, appointed Thomas Herman as chief financial officer, effective June 30. Herman will replace Nimish Bhatt, who will be stepping down in July. With more than 25 years of investment management experience, he joins Calamos from Harris Associates, where he was CFO and treasurer for the past six years. Previously, from 2004 to 2010, he was a senior vice president, CFO and treasurer at Ariel Investments. 

Former BlackRock director Kim Mickelson joined RBC Wealth Management as head of the firm’s US retirement and fund solutions group. Mickelson will oversee product management teams covering mutual funds, ETFs, closed-end funds, 529s, annuities, IRAs and other individual and institutional retirement solutions. She replaced Megan Gorman, RBC confirmed to Family Wealth Report.

At BlackRock, she served as a director in the US wealth advisory group, working with wholesalers, national account managers and wirehouse executives. She was also a national speaker on topics such as retirement planning, Social Security strategies, and women and wealth. Earlier, she worked at Ameriprise Financial as a vice president of financial planning and product management.

Terry Dolan, vice chairman of wealth management and securities services at US Bancorp, was appointed as vice chairman and chief financial officer at the firm, effective August 1. The announcement followed Kathy Rogers' decision to step down from that role. Rogers will stay at the company in her previous role as head of the stress test process. Dolan, who has worked at the firm for 18 years, will report to Richard Davis, chairman and chief executive. The process to identify Dolan’s replacement for wealth management and securities services is underway, US Bancorp said.

The Rudin Group, a wealth and financial services marketing firm, linked up with Sharon McEvoy, a marketing expert specializing in the high net worth space. McEvoy has around 15 years of experience of industry experience, having worked at firms including Fortigent, where she was director of marketing and sales.

S&T Bank brought in Gregory Lefever as executive vice president and managing director of its wealth management business. In his new role, Lefever will oversee S&T Wealth Management, which includes trust, financial services and Stewart Capital Advisors. He has around 30 years of expertise in the financial services industry, specializing in trust and investment management. Before joining S&T, he was a wealth management director at a regional financial institution.

Artivest, a provider of alternative investment funds, recruited Clayton Cheek as director of business development. Cheek was previously senior vice president of marketing at Chesapeake Capital Corporation. Before that, he worked at Onex Credit Partners, where he was responsible for the capital raising of the company’s event-driven credit strategy. He has also held a number of roles in sales and client development across the hedge fund space, Artivest said.

RBC Wealth Management recruited a team of financial advisors in Pueblo, CO, where Jeri Larrinaga serves as director. The Gryphon Group is comprised of Jim Murray and Ryan Griego, along with senior registered client associates Desiree Jara and Kimberly Ritchie. They joined from Morgan Stanley with approximately $238 million in assets under management.

US Trust made nine hires across eight states, recruiting from firms including JP Morgan, Morgan Stanley and Fifth Third Private Bank. In Stamford, CT, Kirsten Blouin joined as a senior trust officer from Day Pitney, where she was a trust and estate attorney. Scott Logie also joined the Stamford branch as a private client advisor. Logie was previously a senior relationship manager at Carlson Capital.

In the Sunshine State, Jamie Andersen was appointed as a private client advisor in Naples. Andersen was previously executive director of Florida’s Southern Gulf Chapter for the Red Cross and before that an executive director at JP Morgan Private Bank. Meanwhile, in Illinois, Josephine Calderon joined the Northbrook office as a senior trust officer. She previously held the same role at Fifth Third Private Bank.

Continuing the hires, James Johnson joined the Saint Louis, MO, branch as a private client advisor, moving from Thomson Reuters Eikon, where he was a market specialist. Kurt Ryden was appointed as a private client advisor in the Big Apple, having previously been a private banker at JP Morgan.

In the Lone Star state, Todd Roesch joined the Dallas office as a private client advisor. He previously worked at Barclays Capital as director of institutional sales. Abraham Dairi also joined the Seattle, WA, office as a private client advisor. He was previously a private banker at Union Bank.

Lastly, Richard Barron joined the Washington, DC, office, also as a private client advisor. He previously held the same role at SunTrust Investment Services and before that was an assistant branch manager at Morgan Stanley and worked at Deutsche Banc Alex. Brown as a financial advisor.

BNY Mellon brought in Jeff Jagard as a senior wealth director in Los Angeles, CA. Jagard was previously a managing partner at JDW Associates, and a vice president at Sanford Bernstein. In those roles, he served high net worth families, trust, retirement plans and foundations. In his new role at BNY Mellon, he will report to Christopher Mone, president of the Los Angeles region.

Jeanne Goussev became managing director of fiduciary services at Laird Norton Wealth Management, succeeding Barbara Potter, who is retiring after nearly 30 years at the firm. Goussev joined from Threshold Group in Seattle, WA, where she was managing director of client service and a member of the firm’s executive committee. Previously, she was a vice president and client advisor at Whittier Trust Company, and a senior trust officer at US Trust.

Citizens Bank named Frank Drago as president of Citizens Securities and head of Citizens Investment Services. Drago, who was previously director of investment sales at Citizens Investment Services, now reports to John Bahnken, head of Citizens Wealth Management. Drago joined Citizens in April 2013 from Citi Personal Wealth Management, having previously held senior roles at Smith Barney and Citicorp Investment Services.

GenSpring Family Offices hired Christopher Facka as its new managing director covering the eastern region of Florida. Facka, who the firm confirmed replaced Carlos Carreño, is tasked with growing the business and serving families throughout eastern and southeast Florida.

GenSpring's Florida-East region serves clients across Jupiter, Palm Beach and Miami. Carreño took on the role in November last year, having joined from SunTrust Private Wealth Management, where led the international wealth management division, but has since taken a position outside the company. Facka was formerly a senior wealth director at BNY Mellon. He spent the bulk of his career at Wells Fargo Advisors, however, where managed teams in a range of locations spanning New York City to West Palm Beach, FL.

BNY Mellon brought in Margaret Franklin as head of wealth management advisory services in Toronto, Canada. Franklin will officially join the firm on July 11 and report to BNY Mellon Wealth Management’s executive director of international wealth management, Erich Smith. She was most recently president at Marret Private Wealth and chief operating officer at Marret Asset Management, a credit and hedge fund asset manager with about $4 billion in assets under management in Toronto.

During her six-year tenure there, she oversaw all aspects of the private wealth business, including strategy and positioning, regulation, client oversights, recruitment and personnel management. Earlier, Franklin was a partner at KJ Harrison & Partners, a boutique private client investment management firm founded in 2002. She has also spent time at Barclays Global Investors, Mercer and State Street Global Advisors. Family Wealth Report understands that Franklin is taking the reigns from Smith as head of the Toronto office, who currently serves as interim president.

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Janney Montgomery Scott promoted Jeffrey Smith to head of recruitment and business development for its private client group. Smith, who was previously a complex manager in Janney's Washington, DC, office, will relocate to the firm’s Philadelphia, PA, headquarters this summer. This is a new role, the firm confirmed to Family Wealth Report. He joined Janney in late 2012 as complex manager for the National Capital Area, spanning offices in Washington, DC, and Alexandria, VA. His experience also includes time spent as branch manager at Morgan Stanley Smith Barney, director of sales at Legg Mason, and, later, overseeing the unification of the Smith Barney branch with Morgan Stanley.

Eric Grasinger joined Glenmede, the investment and wealth management firm, as a relationship and portfolio manager in New York. Grasinger has worked in the industry for around 15 years, having most recently been a portfolio manager and special situations equity research analyst at US Trust. Earlier, he worked in equity research at Credit Suisse and Gabelli Asset Management.

New York-based Sadis & Goldberg named Yehuda Braunstein as head of its family office group, which serves both domestic and international clients. Braunstein, currently a partner in the firm's financial services and corporate groups, will continue to advise private funds, managers and investors within the private funds industry. It is unclear if this is a new role or if he replaced anyone.

HighTower's New York office continued to grow with the addition of LRG Wealth Advisors, led by managing director LaRue Gibson. The team oversees around $300 million in assets and moved from Merrill Lynch. Before joining HighTower, Gibson spent nearly 30 years at Merrill Lynch, where he began his financial services career in a sales role and then became senior vice president of investments.

Other members of the LRG Wealth Advisors team include: Kevin Jackson, senior relationship manager; Naintara Ramoo-Goodgame, relationship manager; LeAnn Yee, senior analyst; Kemnjika Jamil Ohayia, analyst; and Amanda Green, senior client associate. They serve individuals, closely-held businesses and non-profit institutions.

The former president of Denver Investments is to join Ascent Private Capital Management, part of US Bank, on June 14 as regional managing director of the Denver, CO, office. Zimmerman will lead Ascent’s team of professionals in Denver, who work with families with an average net worth of around $440 million. He replaces Paul Ferguson, the firm confirmed to Family Wealth Report.

In his previous role, Zimmerman was responsible for the overall strategic direction of the firm, which has approximately $8 billion in assets under management. Before that, he was a managing director at Northern Lights Capital Group, which provides capital and resources to boutiques in the asset management industry. He also held executive roles at Janus Capital Group and Bank of America Capital Management.

RBC Wealth Management hired Sanya Mulhern as a senior vice president and financial advisor in Palm Desert, CA. Mulhern joined from Merrill Lynch, with 12 years of industry experience and over $150 million in assets under management. Before entering the financial services arena, she spent eight years in the US Army Reserves as a Russian linguist in the intelligence arena. She joined RBC with Courtney Taylor, a senior registered client associate. 

HighTower welcomed its first team in St Louis, MO, in a strategic partnership with Archer Wealth Management. Launched in 1983, the team oversees approximately $400 million in assets and was founded by Barbara Archer, who joins HighTower as a managing director and partner. Archer will lead the expansion of the newly-branded HighTower St Louis, which serves wealthy families, executives, professionals and business owners. In addition to Archer, the team includes: Mark Schweiss, business director; Karen Meers, manager of client service; Patty McClain, financial planning analyst; and Debby Wicks, executive assistant.

Richard Wilson, previously chief executive of BMO Global Asset Management in the EMEA region, was appointed as CEO and chief investment officer of the company. Rajiv Silgardo, currently co-CEO at BMO Global Asset Management, decided to retire from the bank, with effect from August.

Wilson was appointed as CEO of F&C on January 1, 2013, before its acquisition by BMO Financial Group. Before becoming CEO, he held several senior roles at F&C, including head of equities and head of investment and institutional. He began his asset management career in 1988 as a UK equity manager at HSBC Asset Management (formerly Midland Montagu). In 1993, he moved to Deutsche Asset Management (formerly Morgan Grenfell) and then joined Gartmore Investment Management in 2003 before joining BMO in 2004.

Citizens Bank named John Tyers as president of its private banking division. Tyers joined the firm from Lombard International and previously held executive leadership roles at firms including Bank of America/Merrill Lynch, Bear Stearns, Credit Suisse First Boston and Charles Schwab. It is unclear if Tyers replaced anyone in this role.

Foundation Source, which provides management and advisory services for private foundations, named Joseph Fuschillo as chief distribution officer. Fuschillo was previously a managing partner at Devereux Advisors, a consultancy for investment managers and wealth management organizations. Before that, he held client-facing, sales management and other senior leadership roles at UBS, Prudential Financial and Dreyfus Corporation.

BNY Mellon brought in Jasmine Yu as director of manager research and monitoring in New York - a new role within the firm's wealth management division. Yu will report to Patrick Crowe, national director of investment solutions. She has around 15 years of investment experience, having most recently been head of global fixed income due diligence and senior portfolio management team leader at Bank of America Merrill Lynch. Before that, Yu was a senior investment analyst at Abu Dhabi Investment Council, a sovereign wealth fund in the Middle East. Earlier in her career, she has held similar roles at Franklin Templeton Investments and Northern Trust Global Advisors.

BNY Mellon appointed David Stanley as a senior wealth director in Seattle, WA. BNY Mellon Wealth Management emphasized that its Seattle office has “contributed significantly” to the strong growth of the firm’s western US region.

Stanley, who reports to regional president Jim Barnyak, previously worked at Cornerstone Advisors. He spent over 10 years as managing director of client management at the firm, overseeing wealth and investment planning for high net worth individuals. Before joining Cornerstone, he was a partner on the wealth advisor team at Morgan Stanley, spending five years in the firm’s San Francisco office, and another five in Boston.

Former EY wealth program head Christopher Hetner was appointed as senior advisor to the chair for SEC's cybersecurity policy, Mary Jo White. In this role, Hetner will coordinate efforts across the agency as they relate to cybersecurity, as well as engage with external stakeholders. He currently leads cybersecurity for the technology control program within the SEC’s office of compliance inspections and examinations.  

Hetner joined the SEC in 2015 from EY where, from November 2012 to January 2015, he led the firm's wealth and asset management sector cybersecurity practice. Before that, he was chief information security officer at GE Capital, responsible for the global cybersecurity program. He worked at GE from July 2008 to October 2012 and, before that, implemented information security and regulatory compliance programs for Citigroup’s institutional client group global business and technology units.

Atlanta, GA-based GV Financial Advisors, which describes itself as a behavioral wealth management firm, welcomed Sergio De La Torre as a senior financial advisor. De La Torre has spent the majority of his decade-long career at Fidelity Investments - most recently as a vice president and senior financial consultant in its private client group.

Hal Webb decided to end his partnership at Cantor & Webb, the law firm for international private clients, with effect from June 9. Webb will continue his practice at the law firm Bilzin Sumberg as head of international private client services. Legal and tax planning matters for The Cantor Group will continue to be managed under the direction of Steven Cantor, Kathryn von Matthiessen or Sarah Sindledecker. Tax compliance matters will continue to be managed under the direction of Arthur Dichter.

BNY Mellon recruited former Northern Trust man Andy Chong as a senior wealth manager in Los Angeles, CA. Chong will report to Christopher Mone, president of the Los Angeles region. He was previously a senior portfolio manager and senior investment officer at Northern Trust.

Elizabeth Kolshak joined Brown Brothers Harriman's private banking group as a relationship manager in Chicago, IL. Kolshak will serve as the point person for BBH’s high net worth clients, focusing on business development, client service and portfolio management. She joined from JP Morgan Private Bank, where she advised UHNW individuals and families on investments, philanthropy and wealth planning strategies. Before that she worked in Washington, DC, on Capitol Hill and at the Treasury Department. She began her career as a legislative assistant at the UPS Corporate Public Affairs office in Washington.

Noyes, the wealth management and investment banking firm, welcomed Andy Blackwell as a wealth advisor in Indianapolis. Blackwell was previously a senior vice president at Raymond James Financial, responsible for a range of investment services and strategies.