People Moves
Summary Of Weekly Moves In US Wealth Management Industry - Nov 12 - 18, 2016

Here is the latest roundup of moves in North America's wealth management industry.
RBC Wealth Management recruited a new team of financial advisors to join its Beverly Hills office. The Frankel Patt Group, comprised of financial advisors Richard Frankel and Shawn Patt, along with Constance Johnson, senior registered client associate, joined from Morgan Stanley with around $507 million in assets under management.
Lombard International Assurance appointed Andreas Meier as head of Latin America, a newly-created role. The role is based in Luxembourg. He reports to Axel Hörger, CEO Europe. Meier joined from UBS Deutschland where he was responsible for leading advisor-teams with clients from 14 Latin American countries.
PeoplesBank appointed Charles Field as senior vice president and chief financial officer, replacing Michael Peduzzi who left the bank earlier this year. Most recently, Field was SVP and CFO at East River Bank in Philadelphia. Before that, he worked at The Westchester Bank in the same role.
Evercore appointed John Weinberg as chairman of the board and executive chairman, replacing Roger Altman, who became founder and senior chairman, a newly-created position. Weinberg most recently served as vice chairman of Goldman Sachs Group from 2006 to October 2015, having previously spent 12 years as the group’s co-head of global investment banking. He joined Goldman Sachs in 1983 and became partner in 1992. Weinberg has advised companies including Ford, General Electric and Boeing. He has also advised on the initial public offerings of Visa and Under Armour.
Strategic Wealth Partners hired Mark Weil to join its team of wealth advisors. Weil previously spent 20 years trading his own capital on the Chicago Mercantile Exchange and mentored aspiring young traders.
Legal & General investment Management appointed Jordan Bond as a senior portfolio manager within its US active fixed income team, continuing the company's chain of senior hires in the States. Bond joined from Pimco, where he most recently served as vice president and portfolio manager, responsible for managing investment-grade assets across the company. Prior to his time at Pimco, he spent eight years as a senior consultant at Morgan Stanley.
Northern Trust elected Michael O’Grady as president. O’Grady reports to Frederick H. Waddell, chairman and chief executive. Until a successor was named, O’Grady retained the existing responsibilities as president, corporate and institutional services. Steve Fradkin, president, wealth management, and Steve Potter, president, asset management, report to O’Grady effective Jan 1, 2017.
BNY Mellon Wealth Management hired Mark Jamison to serve as senior wealth director in its Menlo Park office, northern California. The role is newly created and Jamison serves the Bay Area wealth market. Jamison reports to regional president Robert Kricena. Prior to joining BNY Mellon, Jamison was a principal with Bernstein Global Wealth Management.
Artivest appointed Stacie Yates as director of business implementation and Justin Rooney as senior manager of client services. Yates has more than 16 years of alternative investment-related experience, including structuring alternative investment vehicles, as well as a knowledge of legal, compliance and regulatory issues. She joined from the wealth management arm of UBS, where she most recently held the role of executive director of product development and management. Rooney joined from Third Avenue Management, a portfolio manager for private and institutional clients, where he served as an associate director of sales.
The Association of Certified Financial Crime Specialists, an organization working to prevent financial crime, appointed two anti-money laundering and compliance experts, Ron King and Barry Koch, as co-chairs of its advisory board. King served as the chief AML officer at Canada's Scotiabank, where he oversaw all aspects of the firm's AML, counter-terrorism financing and sanctions programs. Koch is an independent consultant and private attorney. Most recently, he worked as an assistant district attorney and counsel to the Investigation Division in the New York County District Attorney's office.
Millennium Trust appointed Tom Daley as managing director of its alternative solutions group. Daley has 25 years of experience in the financial services industry, having spent 12 years as a senior executive with LPL Financial Services, a retail investment advisory firm, where he worked on business development and managed relationships with financial advisors.
Mary Jo White, chair of the US' most powerful financial regulator, the Securities and Exchange Commission, was to step down at the end of President Obama's term after spending nearly four years as the agency's head. She assumed the role in April 2013.
Advisor Group, a US-based network of independent financial advisors, appointed Jamie Price as its chief executive. Price previously worked for UBS as head of its American wealth management advisor group, where he was responsible for North American client-facing businesses, including 7,300 employees and 7,000 advisors.
Toronto-based Urbana Corporation appointed Sylvia Stinson as its
new chief financial officer, replacing Jean Ponter who was set to
retire at the end of 2016. Previously, Stinson worked at Canadian
asset management firm Middlefield Group for 28 years where she
served as chief financial officer and executive vice president,
according to her LinkedIn profile.
Associated Capital Group appointed Douglas Jamieson as president
and chief executive, replacing Marc Gabelli as president and
Mario Gabelli as CEO. Mario Gabelli, founder and CEO of
GAMCO Investors, serves as executive chairman of AC, while Marc
Gabelli retained his role as a group portfolio manager and an
executive of GGCP, the parent of the group. He has held those
roles since 1994.
Meanwhile, Agnes Mullady was named executive vice president and will oversee AC’s UCITS offering. Mullady joined the Gabelli Funds division in 2005 and became its president and COO. She will remained as senior vice president of GAMCO Investors. As part of the shake-up, Douglas Jamieson no longer served as president and COO of GAMCO Investors, a role he held since 2004. He continued as president and COO of GAMCO Asset Management, GAMCO’s institutional and private wealth management business. Jamieson and Mullady report to Mario Gabelli.
GAMCO Investors elected Leslie Daniels as a member of its board of directors. Daniels is a former chairman and current member of Florida’s State Board of Administration, Investment Advisory Council.