People Moves

Who's Moving Where In Wealth Management? - Integrated Financial Partners, CIBC, Others

Editorial Staff February 8, 2019

Who's Moving Where In Wealth Management? - Integrated Financial Partners, CIBC, Others

The senior appointments include a new global practice managing partner in the financial services sector.

Integrated Financial Partners
Integrated Financial Partners, a US RIA, has appointed Brad Tedrick, Jeremy Gottlieb, Saleah Hewitt, Brian Dawahare and Jay Dortch to join its teams, along with 12 recent additions to the firm.

Of the recent dozen recruits, nine came from the independent broker-dealer channel, two from the fee-only RIA community and one from the wirehouse realm, it said in a statement yesterday.

The firm said it continues to seek advisors across the US, adding that it is on course to surpass 2018 advisor and asset growth by mid-2019, if not before.

Heidrick & Struggles
Heidrick & Struggles, the US-based executive search firm, has appointed three senior figures, taking immediate effect.

Jenni Hibbert has been named global practice managing partner in the financial services practice. Since 2017, she has been the regional practice managing partner for financial services in Europe and Africa and previously led the UK financial services practice. She succeeds David Boehmer who will remain a partner in the financial services and financial technology practices.

Dan Ryan becomes regional leader for the Americas and will work with the firm's senior management and office leaders. He will  continue to oversee major client accounts as the global head of strategic accounts. Previously, Ryan was a partner in the financial services practice and led the New York office.

Ryan succeeds Michael Cullen who continues as chief operating officer, with overall responsibility for IT, marketing, practice and regional search operations.

Stephen Schwanhausser has become global practice managing partner of the consumer markets practice. Prior to this, he was the co-MP for the global consumer products sector and earlier led that sector in the Americas. He concentrates on CEO and board director recruitment for Fortune 500 and private companies and equity-backed growth organizations. He takes over from Tom Snyder who will remain as a partner in the consumer markets and CEO on the board of directors practices.

CIBC
CIBC Private Wealth Management, part of Toronto-listed CIBC, has named Tricia Bannan, CFA, as head of equities. In this newly-created role, Banan oversees $15.1 billion of equity assets across the firm's investment platform.

Bannan brings more than 35 years of experience in financial services to her role. Prior to joining CIBC Private Wealth Management, Bannan was with Evergreen Investments, where she managed large-core portfolios for the mutual fund and wealth channels and was head of the Large-Cap Core Growth Team. She began her career in 1982 at Phoenix Investment Counsel, where she served in analytical, portfolio management and leadership roles.

She has also held senior portfolio management positions at Prudential Investments and CGU Investments. Her experience has been centered on the analysis and portfolio management of large-cap quality companies serving the mutual fund, institutional and wealth management sectors.

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