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Summary Of Senior Moves In North American Wealth Management? – June 2023

Editorial Staff August 7, 2023

Summary Of Senior Moves In North American Wealth Management? – June 2023

A round-up of senior appointments and moves in the North American wealth management sector.

Global business advisory firm EisnerAmper appointed Pamela Dennett and John Clausen as partners with a specialization in taxation. Dennett, a partner in the firm's private client services group, has 30 years of experience helping ultra-high net worth individuals, family offices and business owners navigate complex tax landscapes. Clausen, who is a partner in the firm’s SALT Group, specializes in state and local taxation. With 30-years of experience, he serves individuals, startups and large entities in the technology and life sciences, financial services and manufacturing sectors. 

Northern Trust Asset Management made a number of organizational and leadership changes. John McCareins was made head of international business. In the newly-created role, McCareins leads regional and country strategies, manage daily operations, regulatory affairs, relationships with other businesses, and builds out local capabilities tailored to the regional clientele. McCareins reports to Daniel Gamba, NTAM president. 

Michael Hunstad, deputy chief investment officer and CIO of global equities, continues to report to global CIO Angelo Manioudakis. Sheri Hawkins, head of investment platform services, is leading a new group, Investment Platform Services. 

Procyon Partners said that advisors Frank J McKiernan and Jerry R Sneed had joined the firm, each as a senior private wealth advisor. Together, they previously managed over $600 million in assets for high net worth individuals and families at Baker Tilly Wealth Management. The team works in the New York and Massachusetts areas. 

Besides McKiernan and Sneed, the following team members joined Procyon: Christopher Sneed, financial advisor; Amanda DiGuiseppe, client service associate; and Emily Demers, client service associate.

RockX, an Asian tech and solutions firm working in the crypto finance and blockchain space, appointed Paul Mischenko as its Americas head. Mischenko, who has worked in financial services for 25 years, spent 15 years at HSBC, initially serving as the head of foreign exchange forwards and NDF desk, then progressed to be head of FX and electronic trading for the Americas in 2007, and later led the entire FX business across the Americas from 2014. 

AlTi, the multi-family office operating around the world, appointed Murray Stoltz as managing director, senior relationship manager. Prior to this, Stoltz was principal and senior wealth advisor at Bessemer Trust, where he led the team responsible for presenting client solutions across investment management, wealth planning and family office services. 

Argent Financial Group promoted Jyotsaana Parajuli to Argent’s controller. Parajuli, who previously served as assistant controller, continues to report to Daniel Taylor, Argent’s chief accounting officer. A certified public accountant, Parajuli earned a bachelor’s degree in accounting and finance and a master’s degree with concentration in accounting from Louisiana Tech University.

Stratos Wealth Advisors hired wealth management veteran Robert A Hamer. He joined from Asset Management Group Ltd where he had been a managing director since 2016. Prior to joining AMG in 2007, Robert was a founding partner and managing director of Sunset Partners Capital Management. 

SEI, the US-headquartered technology and investment solutions group, appointed former Refinitiv figure Sneha Shah as head of new business ventures – a newly-created role. Based in New Jersey, she reports to the group’s CEO, Ryan Hicke. Shah most recently served as managing director and group lead of the London Stock Exchange Group's (LSEG) Business Accelerator, where she created and scaled new businesses at the intersection of data, artificial intelligence, and technology. 

UBS brought in a team of advisors, who previously worked at First Republic Bank, for its “Pacific Desert” market in the La Jolla/San Diego office. The advisors are Gregg Palmer and Jason Kaimer, of Nautilus Wealth Management Group. They were joined by client service associate Saba Lak.

Certuity, the US multi-family office, appointed Mariia Eroshin as a managing director for its family office, foundations and endowments business. Eroshin has more than 20 years of experience working with ultra-high net worth families, foundations, endowments and family offices. Previously, Eroshin was senior vice president and private wealth advisor for UBS Financial Services, where she created and led a UHNW family offices and foundations practice. Prior to UBS, she served as director and private banker at Citi Private Bank. Eroshin also served as senior vice president and private client advisor, and previously senior portfolio manager at US Trust, Bank of America Private Wealth Management. 

Compliance veteran Louise Brinkmann was named head of CanDeal Benchmark Solutions. She is responsible for ensuring that its benchmark services are implemented with robust governance and control frameworks, including adherence to CSA MI 25-102 and applicable IOSCO Principles for Financial Benchmarks. Prior to joining CanDeal Benchmark Solutions, she was chief audit executive at the Ontario Securities Commission, where she provided independent, objective assurance and advice on the adequacy and effectiveness of control frameworks, risk management and governance processes. 

Financial advisor Michael Schwartz and his team joined Iron Birch Advisors, an independent channel of Ameriprise Financial, based in New York. They had been working with Cetera Advisor Networks. Iron Birch Advisors, which is led by Ameriprise private wealth advisor Gregory Manto, was established in 2018 and manages over $700 million in client assets. 

Raymond James
Raymond James welcomed financial advisor Charles Mann to Raymond James Financial Services, its independent advisor channel. Mann owns Habit Financial in Canadian, Texas, where he is joined by branch operations coordinator Ashley Billings. Previously, he was affiliated with Edward Jones managing approximately $180 million in client assets.

The firm welcomed financial advisor Kyle Roulet to its independent advisor channel in Folsom, California. His team includes client service administrator, Nancy Rhea, and client service associate, Logan Roulet-Disalvo. He was formerly at Edward Jones where he managed more than $145 million in client assets.

Raymond James welcomed financial advisor Juan Militello, MBA, to Raymond James & Associates – the firm's employee advisor channel – in Coral Gables, Florida. He previously managed more than $240 million in client assets at Morgan Stanley, where he specialized in serving high net worth clients in the US, Central and Latin America.

BNY Mellon Wealth Management appointed Chris Vella as the new chief investment officer for its Investor Solutions business. Vella, who is based in New York, joined at the start of June and reports to Sinead Colton-Grant, head of IS. Vella joined BNY Mellon from Northern Trust where he spent 20 years. Stephen Kolano was the previous CIO of BNY Mellon Investor Solutions.

Alex Brown, a division of Raymond James, welcomed client advisor Eva Marina Ovejero to its Miami, Florida office. Ovejero was previously at Morgan Stanley, where she managed approximately $509 million in client assets and specialized in serving high net worth Central and Latin American families and business owners. She has over two decades of experience in the financial services industry, focusing on portfolio management, lending solutions and wealth planning strategies.

Calamos Investments, the Chicago-headquartered firm, added two senior executives to its Calamos Wealth Management business. Jon Adams joined as chief investment officer, for wealth management, and John Campbell as chief wealth strategist, head of wealth planning and trust services. They are both senior vice presidents, based in Chicago’s metro area, reporting to Joe Weidenbach, who was hired as head of Calamos Wealth Management in October last year.  

Cresset appointed Mark Rogozinski as executive managing director of its family office services group. Rogozinski has 30 years’ experience in wealth management. Before joining Cresset, Rogozinski was chief strategy officer for Pitcairn, the multi-family office. He took over from David Fisher, who moved into a senior advisor role with Cresset. 

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