The latest moves in the North American wealth management sector.

Cresset
Cresset, the US wealth management house, has appointed three senior figures for its Chicago and Minneapolis offices.

Tyrone Stephens has joined as a partner and wealth advisor in the Chicago office. Prior to this, Stephens was an investment specialist at JP Morgan’s Private Bank in New York and Chicago. Prior to that, Stephens provided policy analysis for the White House Council on Environmental Quality.

Also at Chicago is Michael Pinckney - a partner and wealth advisor. Before this, he served as a wealth manager with the Bank of New York Mellon.

In Minneapolis, Marcia Urban is a partner and MD, wealth strategist, for the Midwest region. Urban most recently served as director of legacy and wealth planning at Abbot Downing. Urban is a member of the Twin Cities Estate Planning Council and serves on the Board of Trustees for Hamline University in St Paul.

BNY Mellon
BNY Mellon Wealth Management has appointed Scott M Lillis as regional president in Philadelphia, Pennsylvania. Lillis reports to Andy Paterson, regional president, Central Region.

Lillis will oversee all aspects of the wealth management business in the Philadelphia region, including investments, advisory, financial planning and banking.

With 31 years of experience in the sector, Lillis previously served as a senior wealth advisor and MD at Bessemer Trust, where he was responsible for developing brand awareness and acquiring new clients in Pennsylvania, Ohio and Delaware. Prior to his role at Bessemer Trust, he was a market manager and MD at JP Morgan. Lillis also has held various leadership positions at the JP Morgan Private Bank.