People Moves

Who's Moving Where In Wealth Management? Commerce Trust, Bank of Sun Prairie, Others

Editorial Staff January 12, 2018

Who's Moving Where In Wealth Management? Commerce Trust, Bank of Sun Prairie, Others

The latest moves in the North America wealth management market.

Commerce Trust Company
Commerce Trust Company has promoted its president and chief operating officer, John Handy, to the posts of president and chief executive. He takes over from existing CEO Ray Stranghoener, who will remain chairman.

Handy will report to John Kemper, COO of Commerce Bancshares. Stranghoener, who has led Commerce Trust since 1999, will continue to work with major client relationships and will also serve as a strategic advisor to Handy in his new role.

Prior to joining Commerce Bank, Handy was chief operating officer and director of TIAA-CREF Trust Company, FSB, the Missouri-based trust subsidiary of the national teachers’ retirement fund manager.

Bank of Sun Prairie
Wisconsin-based Bank of Sun Prairie  has reportedly hired Dave Tiutczenko has been hired as the bank's new senior vice president-director of wealth management.

Tiutczenko has been in banking for 15 years. His most recent position was with Annex Wealth Management, local media reports said. Prior to that, he was with The PrivateBank as managing director/had of private wealth where he led a team of advisors that worked directly with high net worth clients.

Miracle Mile Advisors
Los Angeles-based firm Miracle Mile Advisors has expanded its team by adding investment advisor Melissa Estrada.

Estrada, who joins the firm's recently renovated West Los Angeles headquarters, specializes in working with clients to structure comprehensive, goal-based financial plans.

She joins Miracle Mile Advisors from Edward Jones Investments, where she advised clients on investment allocation and planning. 

Register for FamilyWealthReport today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes