This publication brings latest news of moves and appointments in the North American wealth management industry.

Advisors Asset Management, a US broker-dealer and investment advisor firm, has hired Robert Sowinski and Nicholas Scarpello as managing director for structured products and vice president of agency trading, respectively.

Sowinski has an extensive background in multi-asset origination, packaging, pricing, tactical sales and client development, and brings to his role expert global insight and a keen understanding of the structured product universe, the firm said in a statement. Based in Manhattan, he reports to John Radtke, executive VP of capital markets and capital market sales.

Previously, Sowinski served as MD at Jefferies, where he headed third party structured products distribution in North America. Earlier in his career he served as a director at Citigroup ICG, holding various structured products leadership positions within Citi.
 
Scarpello joins AAM in the Boca Raton, FL office as VP of agency trading. He has extensive experience marketing and selling agency products. Prior to joining AAM, Scarpello was a vice president of institutional sales at Amherst Pierpont Securities.

Additionally, the company has opened a new office in Chicago to help accommodate its growing operations. It is located at 22 West Washington Street, Suite 1500 in Chicago.

The firm is more than 35 years’ old.