The latest moves in wealth management across North America.

Northern Trust
Northern Trust has appointed Dan Houlihan as head of asset servicing, Americas, a newly-created position responsible for delivering the full range of front, middle and back office services to both asset owners and asset managers across the region.

Houlihan will lead the firm’s business servicing institutional investors across the Americas, including corporations, public pensions, foundations and endowments. He will also continue as regional head of Global Fund Services, providing custody, fund administration, investor servicing and middle office services. 

He joined Northern Trust in 2008 and led investment operations outsourcing before he was named head of GFS Americas in 2012. Prior to Northern Trust, he spent 19 years in leadership positions for investment management, technology, and services companies, including Citisoft, where he was president. 

Thomson Reuters
Thomson Reuters’ financial and risk arm, to be called Refinitiv, has appointed Brian J West as chief financial officer, with effect from November 5. 

The name change to Refinitiv, which takes effect from October 1, will take place when Thomson Reuters sells its 55 per cent stake in the financial and risk business to private equity funds managed by Blackstone.

West will be joining Refinitiv from Oscar Insurance, a firm working in the US health care sector, where he is CFO and executive vice president of operations. Prior to Oscar, he spent nine years at Nielsen as CFO and then chief operating officer.

DWS
DWS, the asset management group, has brought in Hartwig Kos to its multi-asset group. He is based in Frankfurt and joins the firm next year.

Kos has been co-head of multi-asset and vice chief investment officer at SYZ Asset Management in London. Prior to joining SYZ, Kos held various positions at Baring Asset Management, most recently as investment director of Global Multi Asset Group. 

Towerpoint Wealth 
Towerpoint Wealth has appointed financial advisor Jonathan LaTurner. He joins from Wells Fargo Advisors in Sacramento where he had been a financial advisor since 2012, managing approximately $50 million in client assets. Prior to Wells Fargo, LaTurner worked for First Citizens Bank.

Based in Sacramento, CA, Towerpoint Wealth was launched in July 2017 by financial advisor Joseph Eschleman. Towerpoint Wealth is a member of the Dynasty Network of Advisory firms.

RBC Wealth Management
RBC Wealth Management has hired Chu, Phillips & Associates to its Stamford office. ​The team manages approximately $426 million in assets and joins from Merrill Lynch.

Chu, Phillips & Associates is comprised of Joseph Chu, managing director – financial advisor, who has 16 years of industry experience, Christopher Phillips, first vice president – financial advisor, with 14 years of experience, Mary Richard, senior registered client associate, and Fiona Slater, client associate. 

Clark Capital
Clark Capital Management Group, an independent asset manager has appointed Tim McGarrity as chief financial officer and Jim Shields as senior vice president, key accounts, a newly-created role.

McGarrity is responsible for the oversight of Clark Capital’s accounting, finance, treasury and tax functions. With over 25 years’ experience in the financial industry, he has also served as the vice president of finance at Hartford Funds. McGarrity will report to Brendan Clark, chief executive. 

Shields is responsible for growing the firm’s product placement and distribution opportunities among broker dealer and investment platforms.  Prior to Clark Capital, he served in senior sales and distribution roles at Russell Investments both as a regional director and as director of RIA and independent broker/dealer distribution. He will report to Joseph Bell, executive vice president, key accounts. 

Bridgeway Capital Management
Bridgeway Capital Management, an independent investment manager, has hired Jacob Pozharny to work on the firm’s new international investing competency. 

In this role, Pozharny will work with the Bridgeway team to drive the development and growth of international and global quantitative equity and alternative strategies and contribute to US strategies. He will also support client relationship efforts.

Prior to Bridgeway, Pozharny spent nine years at QMA as head of international equity research and portfolio management.