People Moves

Who's Moving Where In Wealth Management? – Pinnacle, Withum, Others

Editorial Staff June 5, 2025

Who's Moving Where In Wealth Management? – Pinnacle, Withum, Others

Latest moves, appointments, and personnel changes in the North American wealth management sector.

Pinnacle, Withum Wealth Management
Pinnacle Associates has appointed Henry Mercer as chief investment officer of Withum Wealth Management, a firm co-founded by Pinnacle.

Mercer has more than 45 years of investment management experience and most recently served as president of Mercer Capital Advisers, which he founded in 1999 and led until his brief retirement in 2022. Since then, he has remained active in the markets as a private investor.

Emigrant Bank
Emigrant Bank has appointed Kenneth M Eyler as managing director. 

Eyler will work with Liz Nesvold, vice chair of Emigrant Bank, Mark Rogozinski, MD/head of family office services and the bank's senior leadership team to expand its family office capabilities and to support both the ultra-high net worth clients of Emigrant and the independent wealth management firms served by its subsidiaries, including Emigrant Partners.

Most recently, Eyler was MD of family office services at Cresset, where he advised single- and multi-family offices nationwide. Prior to that, he was CEO of Aquilance, a provider of financial administration and reporting solutions for UHNW families and their advisors. Earlier in his career, he spent over a decade at Arthur Bell, a CPA and advisory firm, where he was member-in-charge of the family office practice.

Eyler serves on the board of directors of More Than Money Trust Company, a South Dakota-based trust company focused on sophisticated estate and trust planning solutions, and the board of Sustainability Angels, a national nonprofit organization promoting environmental stewardship and luxury recycling initiatives.

FMTC
Farmers and Merchants Trust Company (FMTC) has appointed Salvatore "Tory" Milazzo as senior vice president, trust and investment manager. 

Milazzo will head the newly-relocated office, opening mid–July. He has more than 20 years’ wealth management experience. Milazzo will lead the expansion of FMTC's trust and wealth management practices in Santa Barbara County and throughout the Central Coast region.

FMTC is a subsidiary of Queen City Investments, a California-based trust company with $6.5 billion in assets under management.

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