Here is the latest summary of executive moves in the North America wealth management sector.

Royal Bank of Canada hired a pioneer of artificial intelligence, Richard Sutton, as head academic advisor to RBC's research arm. RBC Research will establish a new laboratory and plans to work with the Alberta Machine Intelligence Institute, based at the University of Alberta, to identify and pursue further research opportunities.

Northern Trust made a host of leadership changes including three new presidents, a new chief risk officer and an addition to its management board. Peter Cherecwich was named president for corporate and institutional services, while Jeffrey Cohodes took on Cherecwich’s previous position of president of corporate and institutional services - Americas. Cohodes also took on the role of advisor for global counterparty strategy, focusing on credit risk and regulatory requirements across capital markets and banking.

Wilson Leech take over Cohodes’ previous role as CRO, while Teresa Parker succeeded Leech as president of Northern Trust - EMEA, subject to regulatory approval. Cherecwich has over 30 years' financial services experience. He joined Northern Trust in 2007 and has served as COO, head of institutional product and strategy for corporate and institutional services, as well as president of global fund services. Cohodes was CRO at the firm since 2011. He has also held leadership roles across asset and wealth management and was once chief strategy officer for the entire corporation.

Goldman Sachs' head of global compliance, Alan Cohen, stepped down after 13 years' service. Cohen, who subsequently became a senior advisor to Goldman Sachs' executive office, was replaced by controller and chief accounting officer Sarah Smith. Cohen joined the New York-headquartered investment bank in 2004 from law firm O'Melveny & Myers, where he was a partner, and had served as Goldman Sachs' compliance head since.

Sentry Investments appointed Philip Yuzpe, previously chief operating officer of the firm, as its chief executive. He continued in his role as president of the company. Yuzpe succeeded Sean Driscoll who was Sentry's CEO since 2013. 

First Republic Bank’s private wealth management business appointed former Merrill Lynch manager Hank Holland. Holland, who had worked at Merrill Lynch for nine years, is managing director and portfolio manager at the firm, located in San Francisco.

Crestone Capital hired Hull McKinnon, previously of venture capital firm Altira Group, as its new chief financial officer. At Altira, McKinnon was general partner, and previous to that, CFO. McKinnon takes over from from Doug Bonnette, who has been at Creston for 18 years, and is transitioning into retirement after a nearly 40-year career. 

Wilmington Trust appointed Robert Bridges as a senior investment advisor within its New York wealth advisory office. Bridges has nearly 30 years' experience in asset management. Prior to joining Wilmington Trust, he was a senior portfolio manager at First Republic Bank. Earlier in his career, he spent a 16-year stint with Fiduciary Trust Company International as a portfolio manager, in addition to holding similar roles for high net worth clients at both US Trust and the Bank of New York.

The head of the RIA segment of Fidelity Investments, Bob Oros, left the US firm after a five-year stint at the business. He chose to leave the firm and pursue other opportunities.