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

Glenmede
Glenmede, a wealth manager, has appointed Gregory Khost as regional director of its New York metro offices, reporting to Adam Douberly, director of regional markets.

Khost brings more than 30 years of experience in the wealth management industry to Glenmede. Prior to joining the firm, he was the business development head in the private wealth segment for Neuberger Berman Private Wealth. Khost also held leadership positions at Deutsche Bank Private Bank and US Trust.

Khost is actively involved in the nonprofit community, serving in various leadership roles, including on the editorial advisory board of the Investments & Wealth Institute. 
 
Together with its affiliates, Glenmede oversees $50.1 billion in assets under management. It is headquartered in Philadelphia with offices in Ohio, Delaware, Florida, New Jersey, New York, Pittsburgh, and Washington, DC.

Vestmark
Vestmark, which provides wealthtech and other services, has appointed Freedom Dumlao as chief AI officer. He will continue as chief technology officer.

“Vestmark operates at the center of significant scale and complexity, supporting real-time decisions across trillions in client assets,” Karl Roessner, CEO at Vestmark, said. “Freedom has played a central role in how we bring AI into that environment in a responsible and practical way.”

Dumlao will work with Vestmark’s engineering, data, and product teams to accelerate the integration of AI into development and delivery workflows. 

Vestmark, which supports six of the industry’s10 largest managed account platforms, has more than $2 trillion in assets and five million investor accounts. The firm, founded in 2001, is headquartered in Wakefield, Massachusetts.