The latest moves in wealth management across North America.

April Rudin
April Rudin, a thought-leader and marketing strategist in the wealth management industry – and a judge for the awards program of Family Wealth Report – has joined the advisory board of Mirador, a provider of portfolio management reporting solutions.

Rudin is the founder and president of The Rudin Group. Her firm, which is in its tenth year, designs marketing campaigns to boost brand value and drive client acquisition. 

“Working with our other advisors – experts in financial reporting, private equity, and technology – she’ll help us identify and capture new opportunities for growth,” Mirador founder Joseph Larizza said. 

“High net worth individuals, endowments, foundations, and those who serve them all need highly evolved actionable intelligence - the kind born of deeply insightful financial reporting. Were wealth managers to do this themselves, assuming they could do it at all, this kind of granular reporting would consume vast amounts of time and bury them under mountains of data; not the best place to be when searching for investment opportunities,” Rudin said.

Rudin is also a member of this publication’s editorial advisory board (full details of the new board to be issued in due course).

BNY Mellon Wealth Management
BNY Mellon Wealth Management has named Michael Rubenstein as wealth director in Naples, Florida.  Rubenstein will report to the regional president of West Coast Florida, Lisa Simington, CFP. 

Prior to this role, Rubenstein was a tax associate attorney at Akerman where he focused on estate planning, probate administration, asset protection, and wealth preservation planning.  Before that, Rubenstein was a trust and estate settlement officer at SunTrust Bank Private Wealth Management in Fort Lauderdale. 

Rubenstein received a Bachelor of Science (BA), Cum Laude at Vanderbilt University, a Juris Doctor (J D) and Master of Business Administration (MBA) from the University of Miami and is currently attending the Master of Laws (LLM) in taxation program at Villanova University’s Charles Widger School of Law. He is a Certified Trust and Financial Advisor (CTFA).

Crayhill
Crayhill Capital Management, which specializes in private credit investments, has appointed Stefan Hoefer as managing director. His responsibilities include helping to source, underwrite, structure, execute and manage private credit investments.

Prior to joining Crayhill, he was a senior analyst on the multi-strategy team at BBT Capital, where he focused on investing across the capital structure. Prior to joining BBT Capital, Hoefer was a senior analyst at Magnetar Capital from 2012 to 2016.

Accuro
Accuro, the trust and family office business, has appointed private wealth lawyer Mustafa Hussein as an executive director in its London office.

Hussein is a corporate commercial lawyer experienced in advising and working with royal families, merchant trading dynasties, and single family offices. He joins from international law firm Taylor Wessing, where he was a partner for several years with responsibility for Middle-Eastern relationships, a number of emerging markets, and European ultra-high net worth clients. His experience includes private equity, corporate commercial, M&A, family governance, cross-border planning and strategic legal, and intelligence and commercial advice for his clients.

Franklin Templeton Investments
Franklin Templeton Investments has appointed Dr Sonal Desai as chief investment officer of Franklin Templeton Fixed Income Group, effective from December 31. 

In this role, Desai will oversee the firm’s corporate credit, emerging markets debt, bank loan, global aggregate, securitized, money market, multi-sector, municipal and local fixed income strategies and teams, which manage a total of $157 billion in fixed income assets for investors around the world.

Desai will take on this new role upon Chris Molumphy’s retirement at the end of the year. Molumphy has decided to retire after serving as CIO of Franklin Templeton Fixed Income Group since 2000 and 30 years with the firm. Desai joined the firm in 2009 as director of research for Templeton Global Macro.

When Desai moves into her new role, Dr. Calvin Ho will take her place as director of research for Templeton Global Macro, and he will assume portfolio management responsibilities for a number of Templeton Global Macro strategies. Ho has been serving as Desai’s deputy director of research.

Pillsbury
Law firm Pillsbury has appointed Tim Brugh as a partner in the firm’s estates, trusts and tax planning/private wealth practice in Silicon Valley and San Francisco.

Brugh was a vice president and West Coast director of fiduciary services at The Goldman Sachs Trust Company. For 25 years, Brugh has worked with ultra-high net worth clients to develop and implement multigenerational wealth management, estate planning and philanthropic strategies. Prior to Goldman Sachs, Brugh worked at Wells Fargo Private Bank, where he served as senior vice president.

Pillsbury’s estates, trusts and tax planning/private wealth team advises individuals, families, family-owned businesses and charitable foundations in the planning and administration of complex trusts and estates and in US and international estate, trust and tax planning. 

WealthSouth
WealthSouth, which provides families and businesses with financial planning, trust, investment, lending and retirement plan services; has hired Ralph Watson, Lee Lamonica Walker, Laura Massey Jones and John Cadwell to its team.

Watson will serve as a senior wealth management advisor, Walker as a senior portfolio manager, Jones as a senior trust officer and Cadwell as a wealth management advisor.