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

Chilton Trust
Chilton Trust, the US wealth management firm and national trust bank, has appointed David Daniel, former CEO  and chairman at executive search firm Spencer Stuart, has been appointed to its board of directors. 

At Spencer Stuart, Daniel served for three decades in various leadership positions, first joining as a consultant in the consumer practice in 1994. Following his tenure as CEO, he was chair of its board from 2018 to 2024, having been a board member since 2011.  Since completing his final term as chair, he remains an active partner at Spencer Stuart.

Chilton Trust has about $7.8 billion in assets under management, serving over 265 family relationships.

Raymond James
In two separate arrivals, advisors based in New York and Idaho have joined Raymond James, bringing between them a total of about $1.5 billion in client money to the group’s employee advisor channel. 

A team from Merrill Lynch (over $1 billion AuM) joined in Williamsville, New York. It is led by Christopher Scott, Kevin Klein, Michael Gates, and Salvatore Gandolfo, and operates as Scott Klein Gates Gandolfo Wealth Management of Raymond James.

The second group, also formerly with Merrill Lynch and operating as Riverview Wealth Advisors of Raymond James ($479 million AuM), is made up of Larry Stucki, Brandon Peebles, and Jake Waddoups, and is based in Idaho Falls, Idaho. 

MSCI
MSCI has appointed former Goldman Sachs senior manager Luke Flemmer as head of private assets.

Flemmer is based in New York and will report to Alvise Munari, chief product officer. Previously, Flemmer served as managing director, head of digital strategy for alternative investments at Goldman Sachs. Before joining the US firm in 2020, Flemmer co-founded and was CEO of Lab49, a solutions provider of investment and risk technology to asset managers and investment banks.