The latest appointments, moves and other personnel changes for the month of August.

Steward Partners said financial advisor Casper Terpinski joined its Dallas, Texas-based Park Cities Group team as managing director and wealth manager. Terpinski has worked for more than four decades in the industry as a broker and financial advisor. He co-owns TurnPro LLC.

RBC Wealth Management – US said Carol Mani Johnston joined as a managing director and financial advisor in its San Antonio, Texas branch. Johnston, formerly at UBS where she managed $300 million in client assets, has worked in the sector for almost 40 years. She spent the majority of her career at Smith Barney before joining UBS.

Churchill Asset Management, an investment specialist of asset management group Nuveen, appointed Michael Foley as senior managing director, head of institutional. He is based in New York City and has more than 20 years’ experience in asset management. He joined from Franklin Templeton where he led the firm’s US institutional direct sales, consultant relations and relationship management teams. Prior to that, he led Guggenheim’s institutional client group for the Americas and Europe and held distribution leadership roles at BlackRock and AllianceBernstein.

Churchill also added to its investor solutions group, appointing Elizabeth Leung as managing director, head of client services. Leung has 25 years of investor relations experience, most recently serving as partner, MD, and co-head of client relations and business development at Aetos Alternatives Management. 

iCapital appointed Drew Carrington as managing director, alternatives in retirement portfolios. Carrington reports to Dan Vene, co-founder, MD, and co-head of iCapital Solutions for iCapital. 

The firm also appointed Sonali Basak, former lead Wall Street correspondent for Bloomberg Television, as chief investment strategist. Basak most recently served as Bloomberg Television’s lead global finance correspondent and anchor, where she covered the financial institutions shaping markets worldwide – from global banks and asset managers to private equity giants and hedge funds.

Private markets platform and manager Moonfare appointed its chief investment officer, Sanjay Gupta, to become its CEO in the US and CIO for proprietary products. Gupta moved to New York from London.

CBIZ, a US professional services advisor, named former Avantax Wealth Management senior figure Jennifer Hutchins as chief investment officer of CBIZ Investment Advisory Services. Most recently, Hutchins was co-chief investment officer at Avantax, leading the portfolio management and diligence teams. 

Sanctuary Wealth brought in Marksman Wealth Management to its partner firm network. San Antonio, Texas-based Marksman, was founded by president and senior wealth advisor Joseph Schuetze. Most recently, he affiliated with PAX Financial Group, also in San Antonio – a firm he co-founded. 

Ameriprise Financial brought in two financial advisors to its independent channel who brought more than $150 million in combined client assets from Commonwealth Financial Network. The advisors are Chris Theis, based in Millsboro, Delaware, and Michael Thomas, based in Hamilton, Montana.

Envestnet appointed John Hofmann as chief financial officer, reporting to CEO, Chris Todd. He succeeded Josh Warren, who had served as CFO since 2023. Hofmann has more than 25 years’ financial, operational, and M&A experience across software-as-a-service, enterprise software, healthcare technology, data analytics, and fintech/payments. He has served as CFO for many private equity-backed companies, most recently at athenahealth, a healthcare software company. 

Sterlington, a law firm with offices in New York and Philadelphia, added a wealth team to its ranks. The joiners, who included Daniel Cooper, Emalee Welsh, and Daniel Carmody, came from Morgan Lewis, an international law firm.

Citi Wealth appointed Clinton Warren as Citi Private Bank North America’s Central Market executive. Reporting to Chris Biotti, the head of Citi Private Bank for North America, Clinton leads teams in Texas, Chicago and Denver. Clinton joined from JP Morgan Private Bank where he served as regional head of investments and advice for the South region. Before joining the Dallas private banking team, Clinton managed the multinational corporate banking division for JP Morgan’s Southwest region.

Dennis Mangalindan, a former senior figure at SEI Archway for more than 14 years, became a senior director of sales at Canoe Intelligence. He is based in the Los Angeles metropolitan area. Since March 2011, Mangalindan worked at SEI Archway; since July 2017 he was vice president, business development, based in New York. 

SEI appointed former BlackRock senior figure Robert Hum as head of investment product development and activation. Hum reports to Michael Lane, head of SEI’s asset management business. With 15 years of industry experience, Hum most recently served as managing director and US head of factor, outcome and alternative ETFs at BlackRock. 

The Atlanta, Georgia-headquartered family office managing the private wealth of The Home Depot founder, Arthur M Blank, recruited a new CEO. Andrea DeMarco took up the C-suite role at the Arthur M Blank Family office. DeMarco has been president of Regent Seven Seas Cruises since January 2023. DeMarco reports to Arthur M Blank, chairman of the family office.

Russell Investments appointed Emily Steinbarth and Brad Jung as co-heads of North America advisor and intermediary services. They report to Zach Buchwald, chairman and CEO. Separately, the firm appointed Ravi Arulanantham as global head of wealth strategy and solutions. Arulanantham leads development of Russell Investments’ wealth offering – including ETFs, separately managed accounts, interval funds, and model portfolios. 

Shweta Narasimhadevara joined the firm as chief solutions officer, a job involving managing the global product team. Based in New York and reporting to president and chief investment officer Kate El-Hillow, Narasimhadevara oversees the strategy, development, and commercialization of products and solutions across Russell Investments’ wealth, institutional, and alternatives channels. Narasimhadevara previously served in senior roles at State Street, Bank of New York, and Barclays.

Payne Financial Consultants affiliated with Osaic via its relationship Alpha Omega Wealth Partners. Led by managing representative David Payne, the firm joined from LPL Financial. Based in Statesville, North Carolina, Payne Sr was joined by his sons, Zach Payne, investment specialist, and Andrew Payne, client relationship specialist. The team came from Osaic office of supervisory jurisdiction (OSJ) Alpha Omega.

In another case, Providence Wealth Planning, based in Southern California, joined Osaic’s network. It was founded in 2016 by father and son duo, Mark and Ian Massey. Kyle Massey – son of Mark and brother of Ian – joined as managing partners following a 20-year career that includes more than 15 years at E*TRADE and Morgan Stanley. Others who joined are Paul Leone, Aldo Santana, Tyler Brashears, and administrative director Neida Cox. 

UBS appointed two new market directors in the San Diego region. DeAnne Steele leads the Carmel Valley and Rancho Bernardo offices, and George Towers III leads the La Jolla and Downtown San Diego offices.

Cherry Creek Family Offices appointed Jason Perlioni, former CIO of Johns Hopkins University, as senior partner and chairman of the investment committee. Perlioni previously served as CIO at the multi-billion-dollar single-family office of The Pritzker Group, leading the asset management effort. 

Fortress Investment Group appointed Ti Kazaryan as managing director, head of US Southern Pacific sales for its private wealth solutions business. He reports to Adam Bobker and Nils Wilson, global co-heads of private wealth solutions and is based in Los Angeles. Kazaryan – with nearly two decades of experience in alternative investments and private wealth distribution – was most recently senior vice president, alternatives specialist, at PIMCO. 

Investcorp added four senior figures to its Strategic Capital Group:
-- Amir R Rezvani, head of Middle East Coverage, based in the Gulf Cooperation Council region; 
-- Jon Hays, head of head of wealth coverage, based in New York; 
-- Svein Floden, operating partner, based in New York; and
-- Lindsay Shagrin, vice president, based in New York. 

EP Wealth Advisors appointed Justin Mikhalevsky as chief product and technology officer. Mikhalevsky previously served as head of analytics, AI and business systems at Kestra.

Houston-headquartered Pandion Asset Management, a US SEC-registered investment advisor (RIA), appointed Horatio H Sparkes in the newly-created role of senior director of business development and investor relations. Sparkes has over 30 years of experience across the pension and financial services industries. He previously served as partner and managing director at CapSource Productions and has held senior business development positions at APEX, Geronimo Investment Management, and The Yucaipa Companies.

Baron Capital made three senior appointments: Jake Lilie as chief technology officer; Eleena Melamed as head of strategic partnerships; and Gaby Vogel as head of distribution strategy.

Raymond James
Raymond James made a round of additions to its different channels: 

North Carolina
Former Edward Jones advisor Shannon Chiarello joined the independent advisor channel. At Edward Jones, she managed more than $130 million in client assets. Based in Wilmington, North Carolina, Chiarello operates as Chiarello Wealth Management. 

New Jersey, Florida
The group welcomed a team of 16 financial advisors to its independent advisor channel. With offices in Morristown, New Jersey and West Palm Beach, Florida, Greenberg & Rapp and its Eagle Rock Wealth Management subsidiary are led by founders and principals Thomas C Rapp, and Ronald J Greenberg, and managing partner Patrick Maguire. They are joined by 14 senior financial professionals:

-- JP Bartolomeo, financial advisor; 
-- T Keith Brown, wealth advisor; 
-- Bill Conroy, financial advisor; 
-- Jordan Crowley, financial advisor; 
-- Jonathan Crozier, wealth advisor; 
-- Jake Greenberg, wealth manager; 
-- Jack Grondin, wealth advisor; 
-- Cole Koeniger, financial advisor;
-- Ryan Miscik, investment strategist;
-- Dennis Mojares, wealth advisor;
-- Ryan Pergola, wealth advisor;
-- Michael Pfenninger, wealth advisor;
-- Brian Rapp, financial advisor; and 
-- Dante Zicarelli, wealth advisor.

The team came from M Financial Group where they collectively managed about $1.8 billion in client assets. 

Pennsylvania
The firm also welcomed financial advisor Paul Milnes to its employee advisor channel. Based in Devon, Pennsylvania, Milnes operates as Milnes Wealth Management of Raymond James. He arrived from Wells Fargo.

Raymond James welcomed wealth advisor Gino P Molettieri to its independent advisor channel. He joined from Commonwealth Financial Network.

Michigan
It brought in five financial advisors to its independent advisor channel. The team comprises advisors Mark Kerr, David DeVantier, Brandon Proctor, Isaiah Bross and Ross Terrasi. They were joined by office manager Colleen Geftos, director of client services Michelle Ramirez, and paraplanner Drew Ditto. Based in Dundee, Michigan, the group operates under the name of Village Wealth Management.

Ohio
Raymond James welcomed financial advisors Stew Flaherty and Tami Colvin to its independent advisor channel. They came from Commonwealth Financial Network. They operate as FlahertyColvin in Westerville, Ohio and were joined by registered service representative Lia Casino, and client services associates Erin Bäby and Tamara Adams.

Other advisor groups joining Raymond James:

Massachusetts
Charlene Dolan, Danielle Holmes, and John MacDonald came from Commonwealth Financial Network. In their new berth, the team goes under the name of Linden Financial Group, based in Amesbury, Massachusetts. 

Connecticut
The business also brought in a team of three financial advisors in Wallingford, Connecticut, to its independent advisor channel. Jeremy Lobo, Chris Pascale and Michael “Mike” Mendillo came from Commonwealth Financial Network, where they managed more than $300 million in client assets.

Illinois
In other moves, Raymond James brought in financial advisors Thomas Ray and Matt Broch to its employee advisor channel. The duo co-founded Heartland Capital Wealth Management of Raymond James. Ray and Broch arrived from Wells Fargo Advisors. The team is based in Springfield, Illinois.

Wisconsin
The firm also brought in an Antigo, Wisconsin-based team consists of managing partners Travis Rose, Jeff Breit, and Scott Greening, financial consultant Quincy Johnson, director of operations Anne Nowak, director of client relations Ashley Hable, and branch professional Julianna Maus. The team was previously affiliated with Thrivent Financial.

New York
Raymond James brought in five financial advisors in Depew, New York to the firm’s independent advisor channel. As Buffalo Financial, the team comprises advisors Jeremy Beck, Matthew Pitrola, Jacob Wood, Tyler Sacco and Matt Wojick, supported by business coordinator Trish Del Prince, administrative assistant Dawn Esslinger, marketing consultant Haley Travers and client service and research assistant Gavin Beck. The team joined from Commonwealth Financial Network.

Florida
It welcomed financial advisors Leo Boisvert, and Erik Heben, to its independent advisor channel. They previously worked at Commonwealth Financial Network. Boisvert and Heben co-founded Private Wealth Consultants, based in Fort Myers, Florida. They were joined by client services manager Paula Heben and client service associate Dawn Mannina-Sanford.

The firm brought in advisors Michael “Covey” Davis and Manuel “Manny” Benitez, to its employee advisor channel – in Naples, Florida. They arrived from Merrill Lynch.