People Moves

Summary Of North America Executive Moves In Wealth Management – September 2022

Editorial Staff December 7, 2022

Summary Of North America Executive Moves In Wealth Management – September 2022

September produced a number of senior moves in the region's wealth management sector, with organizations such as Rockefeller and Cresset among those firms involved.

UBS Wealth Management USA appointed Michael Nazarian as a financial advisor and managing director at its branch in Sherman Oaks, California. Nazarian has over 20 years of experience providing families and business owners with investment, liability management, risk management and estate planning services. Prior to joining UBS, he spent 14 years as a financial advisor at Wells Fargo. Previously, he worked at Citi Smith Barney after starting his career in real estate.

Cresset, the US wealth management house, appointed Adwoa Mograbi as chief people officer. Mograbi, who is also executive managing director, has more than 20 years of experience in human resources leadership, strategy, and talent management, with an industry focus on banking, capital markets, technology, and high-growth entrepreneurial environments. Prior to the new role, Mograbi served as chief human resources officer of the Federal Home Loan Banks Office of Finance. Mograbi took over from Mary Ceas, MD of human resources, who earlier this year announced that she planned to retire.

Neuberger Berman, the investment house, appointed Eric Karlson as portfolio manager and managing director. Karlson joined from AIG, where he served as MD and led private ABS and structured transactions. 

Angeles Wealth Management appointed Morris Clothier as managing director, capital markets and wealth advisory. Clothier operates from the firm’s office in New York. Before joining Angeles, Clothier was an advisor at Lexington Partners, the manager of secondary private equity and co-investment funds. Prior to that he was head of Nasdaq Trading at Lazard, partner at Narragansett Asset Management, head Nasdaq trader at SAC Capital, and co-head of Nasdaq Technology Trading at Kidder Peabody.

Fiduciary Trust International appointed Robert W Murphy as a wealth director. He is based in the firm’s Boca Raton office. Murphy was most recently partner and head of business development and compliance at Applied Investments in West Palm Beach, Florida. 

PwC appointed Eric Janson as global private equity, real assets and sovereign funds leader in the US. He took over from Will Jackson-Moore, who was appointed PwC’s global ESG leader.

The Lerner Group at Hightower Advisors named three new partners. Michael Schneider was an active member of the investment research committee during his tenure as a wealth advisor. He continues to help families and serves as the practice's alternative investment specialist. 

Megan Kowalski has served in a variety of leadership roles throughout her tenure, including in recent years as a wealth advisor. As a partner, she concentrates on multi-generational estate and financial planning, and promoting financial literacy. 

David Sokolovsky serves as a wealth advisor and the practice's head of financial planning. He has a diverse background in insurance and strategy consulting and leads the firm's efforts to build more robust family office capabilities. 

Fiduciary Trust of New England (FTNE), a New Hampshire-chartered trust company serving individuals, financial advisors, and non-profits, appointed Nadi Son as vice president and senior wealth advisor. Son, based in FTNE’s Manchester office, joined after practicing law in New York City, where she provided sophisticated estate and tax planning advice and trustee services for ultra-high net worth individuals and families. 

Impax Asset Management appointed Charlie Donovan as senior economic advisor. Donovan is based in Seattle, where he remains visiting professor of sustainable finance at the Foster School of Business at the University of Washington.

Summit Financial, a registered investment advisory firm, appointed former CAPTRUST chief investment officer Kevin Barry in the same role. Barry has more than 25 years of experience in investment management. His market insights have been featured on CNBC, Bloomberg, and other leading broadcast media outlets. Barry replaced interim-CIO Steve Weinman.

Baird, the US wealth management group, added The Scott Park Group to its wealth management office in Oak Brook, Illinois. The two-person team, which came to Baird from Wintrust, includes Scott Park and Aimee Morrin. They serve as financial advisors. The team oversees over $298 million in assets under management.

Ameriprise Financial appointed former Morgan Stanley figure Kim Garrison in Springfield, Missouri. Garrison operates from a branch office recently opened in her area, led by Ameriprise branch manager Michael Brun and supported by regional vice president Brian Mora. The team also includes Paula Schnoebelen, registered client service associate, who joined Ameriprise from MissionSquare Retirement. Schnoebelen has more than 25 years of experience in the sector.

Key Family Wealth, the multi-family office division of Key Private Bank, appointed Carey Spencer as national director of family governance and development services. Spencer is based in the firm’s Pepper Pike office in Ohio. He reports to Gary Poth, head of Key Family Wealth. Carey, who serves as a senior advisor and thought leader on strategies for preparing family members to responsibly manage generational wealth, has been with Key Private Bank for more than 30 years. 

Alex Brown, a division of Raymond James, welcomed financial advisor Alejandro Bachmann in Miami, Florida. He joined from JP Morgan Private Bank.

Glenmede, a US-based investment and wealth management firm, appointed Bridgette Becker as relationship manager, wealth advisory. Becker reports to Michael Hickey, regional director of Glenmede’s Washington, DC office. Prior to joining Glenmede, Becker was an attorney at Baker Donelson, where she advised clients on trust and estate plans, estate administration and potential estate and fiduciary litigation matters.

Allspring Global Investments appointed John Moninger as head of US Distribution at its Boston office. He has decades of industry experience and joined from Eaton Vance, a part of Morgan Stanley Investment Management, where he had been managing director of intermediary sales since 2012.  Earlier in his career, Moninger held leadership posts at LPL Financial and UBS Financial Services. 

Rockefeller Capital Management appointed Elaine Sillery, an advisor and financial planner, to join its Rockefeller Global Family Office in Saratoga Springs, New York. Previously, she was vice president at Ayco, part of Goldman Sachs, from 2015 to 2022, and a senior financial partner at the same firm from 2010 to 2015. 

The firm also appointed industry veteran Eric Heaton as head of strategy and managing director. He served in senior roles at Morgan Stanley and Deutsche Bank in a career spanning three decades. 

Global business consulting firm Eisner Advisory Group, part of the EisnerAmper group, named senior figure Michael T Joy as partner-in-charge of the firm’s Long Island practice, which is based in Melville, New York. Joy is an audit partner who specializes in providing audit, review, and compilation services for closely held companies across a variety of industries. 

Raymond James brought Minnesota-based Think Bank’s financial planning program to its financial institutions division. The team consists of five advisors and five associates.

The firm also welcomed financial advisor Amy Bush to Raymond James Financial Services – the firm’s independent advisor channel. Bush is based in Ingram, Texas. At Sage Investment Advice, Bush and client service associate Wendy Mieske advise clients including business owners, families, women investors, pre-retirees and retirees. Previously, Bush managed about $130 million in client assets at Edward Jones. Bush has nearly 30 years of industry experience since joining Edward Jones in 1993.

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