People Moves

Who's Moving Where In Wealth Management? PIMCO, Silicon Valley Bank, Others

Editorial Staff August 31, 2020

Who's Moving Where In Wealth Management? PIMCO, Silicon Valley Bank, Others

The latest senior moves in asset and wealth management from across North America.

PIMCO
PIMCO, the debt fund management giant, has appointed Gregory Hall, managing director and head of private strategies, as its new head of US Global Wealth Management. 

Hall is based in PIMCO’s New York office and reports to Emmanuel Roman, PIMCO’s chief executive. Hall has replaced Eric Mogelof who is leaving after 17 years with the firm.

Joining PIMCO in 2017, Hall was previously a senior managing director at the Blackstone Group, where he led the development of several alternative investment businesses. At PIMCO, Hall has led the buildout of the firm’s alternative credit and private strategies platform.

Hall has 21 years of investment experience and holds a degree in public and international affairs from Princeton University.

Silicon Valley Bank
Silicon Valley Bank, the California-based firm, has appointed Sunita Patel as head of business development for its technology and healthcare practice. Patel will succeed Jennifer Friel Goldstein, who is joining SVB's venture capital arm, SVB Capital, as managing partner to lead the firm's new life science and healthcare investment team – a business area very much in the limelight amid the pandemic.  

Patel will oversee venture capital relationship management, corporate venture relationship management, sales origination and SVB's emerging managers practice across the US. She will report to Dave Sabow, head of technology and healthcare banking, North America and will be based in Palo Alto, California. 

Most recently, Patel was president of Comerica Bank's technology and life sciences division, where she oversaw lending teams across the US and Canada. Previously, she spent 20 years managing Comerica Bank's venture capital group.   

Patel  is a member of the VCNetwork, and an early sponsor of the organization. She is a charter member of The Indus Entrepreneurs, a global entrepreneurship organization, and serves on the advisory board for The Forum for Women Entrepreneurs and The Women's Technology Cluster. She is also a long-time supporter of the American India Foundation.  

In her  new role, Friel Goldstein will help develop a life science direct investment fund for institutional limited partners. She is a bioengineer by training who has been with SVB for eight years serving in a variety of leadership roles. 

People’s United Advisors
People's United Advisors, the registered investment advisor of Nasdaq-listed People's United Bank, has appointed two senior executives. Anne Donahue, senior vice president, New York regional wealth leader, and David Murphy, SVP, Massachusetts regional wealth leader. They each bring more than 30 years' experience.

Murphy previously served as executive managing director, head of wealth advisory, for Boston Private Wealth. Prior to that, he spent 17 years at TD Bank Wealth as SVP, New England & Metro New York regional manager. A former military officer, Murphy served in Afghanistan from 2009 to 2010, and at US Special Operations Command in 2011 leading the Counter Threat Finance effort. He retired as a Colonel in 2012. Murphy received a BS in business administration from Norwich University, an MBA from the University of Connecticut, and a masters of strategic studies from the US Army War College. He holds FINRA Series 7 and 66 licenses.

Donahue previously served as SVP, market leader, private wealth management at US Bank. During her decade of tenure, she launched the PW office in New York City. Before that, she was a managing director at The Bank of New York Mellon Corporation. She also held senior positions at Citibank and JP Morgan. Donahue earned her MBA from The Stern School of Business at New York University and her undergraduate degree from Providence College. Anne is a CFP® and holds her FINRA Series 7, 63 and 66 licenses. 

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