The latest wealth management moves in North America.

CIBC
This week, US financial institution CIBC has hired four senior professionals to expand its private wealth team across key US markets.

The hires include Daniel Grady, managing director and regional private banking director in Newport Beach, California; Christopher Sporer, CFP®, senior vice president and business development officer in Chicago, Illinois; Patricia Tiralongo, CFA, managing director and institutional business developer in New York; John Welsh, managing director and family office executive in Chicago, Illinois and St Louis, Missouri, the firm said in a statement.

“Providing extraordinary client service and broad wealth management capabilities are our top priorities, and expanding our expertise will allow us to continue helping our clients turn their ambitions into reality,” said John Markwalter, Jr, CEO of CIBC Private Wealth, US.

Grady brings more than 38 years of banking experience to CIBC Private Wealth, the firm added. In his role, he will be responsible for leading, growing and managing a team of private bankers and advisors in California and Texas. Previously, Grady was a senior vice president and group manager at Comerica Bank.

As a business development officer with more than 25 years of industry experience, Sporer will foster new and existing client relationships in Illinois and surrounding states, the firm said. Prior to joining the firm, he served as a strategic relationship manager at TD Ameritrade.

Welsh has more than 15 years of industry experience and will support families in the firm’s Family Office Group. Prior to joining the firm, Welsh led the Family Office at Commerce Trust Company in St Louis.

Finally, Tiralongo is an institutional business developer at CIBC Private Wealth, with over 20 years of industry experience. In this role, she will represent CIBC Private Wealth and CIBC Asset Management strategies across the US Institutional allocator community, the firm said. Previously, Tiralongo was the managing director of business development at Epoch Investment Partners, a subsidiary of TD Bank Group.

CIBC is a North American financial institution with 13 million personal banking, business, public sector and institutional clients. In the US, CIBC Bank USA provides commercial banking, private and personal banking and small business banking solutions and CIBC Private Wealth offers investment management, wealth strategies and legacy planning.