The latest moves in senior wealth and asset management from across the US.

Dynasty Financial Partners
Dynasty Financial Partners has named Joseph D’Agostino to head strategic development at the wealth management advisory network. Relocating from North Carolina to Dynasty's base in St. Petersburg, Florida, D’Agostino will report directly to president & CEO Shirl Penney. He is expected to work across the business to further scale and professionalize services, including technology infrastructure and the firm’s advisor-to-CEO program, designed to give advisors in the network the tools to develop as business leaders.

D’Agostino is joining from independent asset manager WestEnd Advisors, where he was chief operating officer.

“Having worked with Joe in the past at Citi/Smith Barney, I am delighted to welcome him to Dynasty. As an industry veteran with a remarkably diverse and accomplished background, he brings a depth of ultra-high net worth client and product wealth management experience to our network advisors,” Penney said.

D’Agostino spent several years in senior roles at Morgan Stanley-Smith Barney. He launched his career as a financial advisor and became a branch manager in three different locations and regions. In 2012, he moved into the investment management side when he joined American Century Investments to lead business development and distribution strategy.

Eaton Vance
US-listed Eaton Vance has named Eric A Stein as chief investment officer, fixed income, for its Eaton Vance Management arm. The appointment is effective from November 1.

Stein takes over from Payson F Swaffield, who previously announced that he would be retiring. Stein reports to Thomas E Faust Jr, chairman and chief executive of Eaton Vance.

Stein will be responsible for overseeing the management of investment strategies for EVM and its affiliate Calvert Research and Management across the income markets, including floating-rate loans, high-yield bonds, municipal bonds, emerging market debt, mortgage-backed and asset-backed securities, investment-grade corporate and government bonds, and multi-asset income solutions for individual and institutional clients. 

As of July 31, 2020, assets under management in EVM and Calvert income strategies totaled $90.2 billion.

Stein has served as co-director of global income investments with Michael A Cirami, since 2012. Cirami will become sole director of global income investments, in which capacity he will continue to lead EVM’s global income group, reporting to Stein.

Stein joined EVM in 2002, serving as a trading associate and research associate in the global income group before leaving to attend business school in 2005. He rejoined EVM’s global income group in 2008 as a research analyst from the Federal Reserve Bank of New York, where he worked on the markets desk. He has additional experience at Citigroup Alternative Investments. 

Cirami joined EVM in 2003 and started his career in the investment management industry in 1998. Before joining EVM, he worked at State Street Bank and BT&T Asset Management. He is a CFA charter holder and member of the CFA Society Boston, Boston Committee on Foreign Relations and the Ludwig von Mises Institute.

Raymond James
Raymond James welcomed financial advisor Renee Hof-Lacey to Raymond James & Associates – the firm’s employee advisor channel – in Birmingham, Michigan.

Hof-Lacey joins the firm from Morgan Stanley, where she previously managed approximately $115 million in client assets for a variety of clients, including business owners, corporate executives (including an extensive network of executives for a large automotive company), families and individuals, retirees, and women investors. Joining her is registered client service associate Bradley Brandon. Together, they operate as Hof-Lacey Wealth Management of Raymond James.