The latest moves in the North American wealth management market.

Raymond James
Alex Brown, a division of Raymond James, has appointed client advisor Joseph M Hubbell to join the firm’s Park Avenue, New York, office.

Hubbell has nearly 35 years of industry experience in wealth management, private banking and capital markets. He has held several positions in branch management, sales management, investment advisory and institutional fixed income at firms including UBS and JP Morgan Securities. 

Most recently he worked for Snowden Lane Partners where he was a managing director and senior partner managing approximately $170 million in assets for ultra-high net worth and high net worth clients. 

Raymond James has also appointed financial advisor Willis “Andy” Lovell, to join its employee broker/dealer business in New Orleans, Louisiana.

Lovell and senior registered client services associate Alyssa Klein operate as Lovell Wealth Management and joined RJA from Merrill Lynch, where they previously managed approximately $177 million in client assets.

With more than 22 years of financial services experience, Lovell began his career at JC Bradford & Co in 1996, and worked there until 2000 when the firm was bought by UBS. From 2007 until March of this year, Lovell continued his career at Merrill Lynch.

Klein holds her Series 7 and Series 66 licenses along with an MBA from the University of Mississippi.

Ethic
Ethic, a US-based asset manager focused on ideas such as environmentally sustainable money management, has appointed former Goldman Sachs senior figure Alex Papageorgis as its new head of quantitative investments.

Papageorgis will be based in New York City, where he will take charge of running the creation, management and rebalancing of public equity portfolios.

At Goldman Sachs he spent his career to date working in its its quantitative investment strategies segment, a group in the investment management division. Most recently he served as a vice president within QIS’ customized beta strategies team, managing bespoke smart-beta, tax-efficient, environmentally and socially responsible portfolios for ultra-high net worth and institutional clients.

Ethic is a registered investment advisor. 

LPL Financial
Advisor Steve Melen has joined the broker-dealer and corporate registered advisor platforms of LPL Financial. He joins from Morgan Stanley, where he served about $100 million of client brokerage and advisory assets.