Here is a summary of various hires and departures covered in Family Wealth Report last week.

Mark Hubbert was named as chief risk and credit officer of Wells Fargo Advisors, effective September 1.

Hubbert will replace Jimmie Lenz, who was appointed as technology risk director at Wells Fargo's wealth, brokerage and retirement division.

Hubbert is currently chief operating officer of wealth brokerage services – a position he has held since 1997.

Before joining Wells Fargo, he was president in the retail discount brokerage business of First Fidelity Brokerage Services. Before that, he worked in sales and compliance at Citigroup.

In his new role, Hubbert will manage all risk at Wells Fargo Advisors, including those associated with new products and public offerings, market and trading risk, technology risk, credit risk, operational risk, business continuity planning and Basel reporting.

He will also join the Wells Fargo Advisors' operating committee, which is led by Mary Mack as president.

A new RIA called Las Olas Capital Advisors opened its doors last week, targeting entrepreneurs and ultra high net worth families out of offices in Fort Lauderdale and Tampa, FL, and New York.

The firm is led by founder and managing director Paul Tanner - who previously worked at UBS - and manages over $400 million in client assets.

Las Olas partnered with TruClarity for its launch, a new firm looking to capitalize on the growing exodus of wirehouse financial advisors seeking independence.

As well as Tanner, the team includes Merissa Ann Davis, who leads trading and administrative services; Samantha Sullivan, who is responsible for portfolio analytics and research; and Melissa Stephenson, who is in charge of digital media marketing and assists with administrative services.

David Barrett Partners, the investment and wealth management recruitment firm, hired Elizabeth Havens in New York.

Havens joined from another boutique search firm where she co-led the firm's asset and private wealth management practice.

She was also previously a founding member and vice president of Busara Advisors, an investment firm which advised and invested in emerging manager hedge funds.

Earlier, she worked at Morgan Stanley's private wealth division in San Francisco, CA, and began her career at Goldman Sachs in New York.

Buckhead Investment Partners hired J P Scott as a personal wealth advisor.

Scott previously spent ten years as a vice president and financial consultant at Charles Schwab & Co. Before that, he was a financial advisor at Cole Wealth Management and American Express Financial Advisors.

Scott Kaul was promoted to wealth management advisor and managing director for The Private Client Reserve of US Bank in Minneapolis, MN.

Previously, Kaul was a wealth management advisor at the PCR, which serves clients with $3 million or more in net worth, also in Minneapolis. He first joined US Bank in 1994.

First Republic Bank, a private bank and wealth management firm, recruited Wendi Doyle and Catherine Chase from Credit Suisse in Century City, CA.

Doyle and Chase were named as managing directors and portfolio managers at First Republic Private Wealth Management.

Doyle spent six years at Credit Suisse serving individuals, family offices and business managers in the Los Angeles area. Earlier in her career, she worked at Lehman Brothers Private Investment Management and spent over 20 years at JP Morgan Private Bank.

Chase also spent six years at Credit Suisse, providing investment management services to individuals and families. Earlier in her career, she too worked at Lehman Brothers Private Investment Management and spent over 13 years at JP Morgan Private Bank.

Merrill Lynch hired financial advisors Stephen Renie, Michael Arthur and Jennifer Hall in Cincinnati, OH, from Morgan Stanley.

The four-person team includes Kristin Fedders, a registered client associate, and will report to market executive John Nicholson.

The team, which works with high net worth families and institutions, has $300 million in client assets under management.

Glenmede, a privately-held independent investment and wealth management firm, appointed Kent Weaver as director of client service for Glenmede Investment Management, a wholly-owned subsidiary of Glenmede.

Weaver will serve as the primary relationship manager for Glenmede’s institutional clients (including families, family offices and foundations), consulting on investing, asset allocation and the market environment. In his previous term at the firm, he was director of institutional client service.

Weaver returned to Glenmede after 13 years as a partner at Philadelphia International Advisors, where he was director of client service and sales/chief compliance officer. Prior to his first years at Glenmede, he was a senior vice president at Cutler & Company.

Rothschild Asset Management, the US asset management business of the Rothschild Group, appointed Jennifer Kulp as managing director and head of North America retail distribution, effective September 1.

In this newly-created position, Kulp will lead the firm's retail distribution strategy and partner with distribution channels to ensure financial advisors are achieving their investment goals.

Kulp spent over 20 years at the independent investment management firm Brinker Capital, where she was most recently a managing director in the firm's wealth advisory sales group.

Redhawk Wealth Advisors, a Minneapolis, MN-based RIA, named Rick Keast as president of the firm.

Keast joined Redhawk in April 2013 to lead the firm’s retirement and wealth management business. He had previously worked at firms including Merrill Lynch, KPMG Consulting and Mercer.

In his new role as president, Keast will be responsible for the strategic direction and overall performance of the firm. He will also oversee its regulatory and compliance functions.