Stone & Youngberg, a US financial services firm, has recruited Todd Niedermeyer to its private client group as a senior vice president.

In his new role, he will develop investment strategies for wealthy individuals and families.
Mr Niedermeyer was previously a senior vice president at Wells Fargo in the firm’s investments’ wealth management group, where he has been for the past ten years. Prior to Wells Fargo, he worked for Black & Co’s wealth management division, as a principal and member of the firm’s board of directors.

Stone & Youngberg, founded in 1931, is one of the oldest private investment banks operating on Wall Street. The firm offers underwriting, advisory, and investment services across the country to state and local governments, non-profit organizations, and institutional and private investor clients through its offices in San Francisco, Los Angeles, San Diego, and Big Bear Lake, and in New York, Chicago, Phoenix, Richmond and Annapolis.