The latest moves, appointments and personnel moves in North American wealth management.

Cetera, LPL   
Financial advisor Kim Ramchandani has affiliated with Cetera after having spent almost two decades at LPL Financial, where her experience included managing about $206 million in assets under administration (based on data provided to Cetera as of July 21, 2025.)

Ramchandani said she moved to Cetera because LPL had made several changes that affected relationships with her OSJ and the Webster Bank investment program where she was aligned for many years. 

"We experienced several transitions with the bank program and LPL, and each change introduced new challenges. During that time, I often felt our concerns weren't being heard and that we lacked a strong advocate," Ramchandani said. "Cetera offers a robust platform and a well-established reputation, which made the decision to move from LPL to Cetera the right choice for me,” she said.

Cetera is home to about 12,000 advisors and institutions. As of Sept. 30, 2025, Cetera firms managed about $625 billion in assets under administration and $284 billion in assets under management. 

iCapital
iCapital, the alternative investment platform, has appointed Gary Gallagher as president, reporting to Lawrence Calcano, chairman and CEO. 

Gallagher will help lead the company’s go-to-market activities, such as overseeing client relationships, driving investment product distribution, and scaling platform and technology initiatives across the US. He has more than three decades’ experience in building and scaling financial advisory businesses. He served on the executive team at Fidelity Institutional, most recently as head of strategic business development. Before that, he was president of Fidelity Institutional Wealth Advisor, and served in senior leadership roles in product, platform, and business development at LPL Financial, Citibank, and KPMG. 

Partners Capital
Partners Capital, which oversees a total of $70 billion in AuM, has made seven promotions to its leadership team, including appointments of three partners and four managing directors in its San Francisco, Boston, Dallas, London, and Singapore offices.

Here are the moves that apply to North America:

-- John Beil (partner, San Francisco): Bell is head of private equity and real estate; 
-- Sam Hufton (partner, Boston): Hufton is a senior member of the client CIO team, overseeing several of the firm’s private and institutional clients in North America; 
-- Jeff McDonnell (managing director, Boston): McDonnell is a member of the private markets investment research team with a focus on real estate, infrastructure, and private equity; 
-- Olivia Newell (MD, Dallas): Newell is a client CIO for educational endowments, foundations, and private clients and she launched and continues to lead the firm’s Dallas office; and 
-- Alyssa Rau (MD, Boston): Rau is head of fund services, overseeing operations of the firm’s fund program.

Baird
Baird, a wealth management, asset management, investment banking/capital markets and private equity firm, has appointed Janet Hawkins as an associate branch manager. She will help to oversee the firm’s Seattle private wealth management office. 

Hawkins comes to Baird with more than three decades of industry experience. In the past, she has held leadership positions at Morgan Stanley, Merrill Lynch, Charles Schwab and Ameriprise Financial.