The latest moves in the North American wealth management industry.

Carolinas Investment Consulting
Carolinas Investment Consulting has appointed John Silvia as director of economics, having recently retired as MD and chief economist at Wells Fargo.

Based in Charlotte, North Carolina, he held that position since he joined Wachovia in 2002 as the company’s chief economist. (Wells Fargo bought Wachovia in the aftermath of the 2008 financial crash.)

Prior to Wells Fargo, Silvia worked on Capitol Hill as a senior economist for the US Senate Joint Economic Committee and as chief economist of the Senate Banking, Housing and Urban Affairs Committee. Before that, he was chief economist of Kemper Funds and managing director of Scudder Kemper Investments.

Silvia holds a BA and PhD degrees in economics from Northeastern University in Boston and has a master’s degree in economics from Brown University. His first book Dynamic Economic Decision Making was published by Wiley in August 2011. John’s second book, Economic and Business Forecasting was also published by Wiley in 2014.

John currently serves as a member of the Consensus Forecasts Panel of global forecasters.

Raymond James
Raymond James has brought over the Henderson Hutter Group, a wealth manager based on the Gulf Coast, to its broker/dealer business. The group previously was with Merrill Lynch.

The firm is based in New Orleans and was founded by Lee Henderson and George Hutter. Rounding out the team are Megan Giardina, Christine Shea, financial planner, Patrick Kungl, investment associate, and Alli Eis, business operations coordinator.

The group serves a variety of clients, including retirees, sudden wealth clients and women investors. It manages more than $372 million in client assets.