The firm makes senior appointment from high-end Key Client Group.

Summit Trail Advisors, a US wealth manager with $18 billion in assets under management, announced this week that Paul Hoskin has joined the firm as partner and advisor in Newport Beach, California. 

The firm recently added former Key Client Group of BNP Paribas/Bank of the West to its roster of professionals, significantly expanding its US footprint. The Key Client Group, managing over $3 billion in assets for ultra-high net worth clients, comprises 10 financial professionals. 

Hoskin was a Key Client Group advisor based in Newport Beach, managing over $500 million in assets while providing advisory services to business owners and UHNW families, the firm said in a statement. He specializes in helping business owners with their capital needs, succession planning, and managing their personal generational wealth. Previously, he worked at Citibank and US Trust.

“His deep experience working with business owners in the Southern California market will be crucial to the further expansion of our business,” Jack Petersen, managing partner of Summit Trail Advisors, said.

The addition of an office in Newport Beach will bring Summit Trail’s total number of locations to 10. The firm maintains a presence in markets across the country, namely New York, Boston, Harrisburg, Chicago, Dallas, Denver, Seattle, Portland, and San Francisco.