People Moves

Who's Moving Where In Wealth Management? - PNC Bank, Schroders, Others

Editorial Staff June 25, 2018

Who's Moving Where In Wealth Management? - PNC Bank, Schroders, Others

The latest moves in wealth management across North America.

PNC Bank
US-based PNC Bank has appointed Pamela Austin as senior vice president and senior banking advisor for wealth management.

Based in Mishawaka, Austin will be responsible for specializing in deposit and loan solutions, uniquely tailored to high net worth clients and their families.

Austin has more than 30 years of banking experience, including private banking, financial analysis, marketing, business development sales, wealth transfer and problem resolution for clients and their families. Most recently, she served as vice president at 1st Source Bank, where she was responsible for loans and deposit solutions within the family office.  

In a separate appointment, PNC named Missie M Thompson as PNC Wealth Management Director of the Eastern Carolinas market. She is based in Raleigh, NC. Thompson has 15 years’ experience in financial services,  including roles as relationship strategist and private relationship manager for high net worth clients. She has a bachelor’s in business administration from East Carolina University, and a MBA from Meredith College.

Schroders
Global investment manager Schroders has appointed Peter Hall as its new global head of wealth management, effective 2 January 2019. The move is subject to regulatory approval.

Hall is replacing Andrew Ross, who has decided to step back from a full-time executive role and will move to a new role within Schroders as vice chairman of wealth management.  In this capacity, Ross will advise Schroders on the sector, and provide continuity and focus on the services it offers to families. 

The new head of wealth management was most recently chief executive of UK wealth manager Tilney. He stepped down in October 2017 after seven years at the helm and more recently has been an advisor to Tilney’s parent company Permira on pursuing investment opportunities in global wealth management.

He will be based in London, and will report to Peter Harrison, group CEO.

Ross will continue in his current role as global head of wealth management until 31 December to ensure a smooth transition.

Silicon Valley Bank
Silicon Valley Bank has appointed Yvette Butler as its new private banking head. Previously, Butler was president of Capital One Investing, a division of Capital One Financial. 

Butler has more than 25 years of experience in financial services. Besides her Capital One role, she also held senior-level positions at Charles Schwab, E*Trade, Wells Fargo and others. She is a board member of the Washington Area Women's Foundation and the CFP Advisory Board. 

Hawthorn
Hawthorn- PNC Family Wealth, a PNC Financial Group subsidiary dedicated to serving the needs of individuals and families with investable assets in excess of $20 million, has appointed Marisa Facciolo as vice president and senior relationship strategist.

Based in Philadelphia, Facciolo serves as clients’ primary point of contact and oversees the overall client experience. On behalf of her clients, she coordinates services and communications among the Hawthorn team, PNC resources and other advisors. Facciolo works closely with Hawthorn investment advisors, wealth strategists, fiduciary advisors and other professionals.

Prior to joining Hawthorn, Facciolo was a senior wealth director at BNY Mellon Wealth Management.

Snowdon Lane Partners
New York-based Snowden Lane Partners, an independent wealth advisory firm, has appointed Mark Hogan, Leah Eller, Pam Appleby and Josh Hogan of the Hogan Eller Wealth Management Group to join its operation in San Antonio, Texas.

Mark Hogan joins Snowden Lane as a senior partner and managing director, Eller as a partner and managing director.  Appleby joins as senior client relationship manager and Josh Hogan as investment and planning analyst. 

The group joins from Wells Fargo, where Mark Hogan and Eller focused on retirement and estate planning strategies, business services and tax-advantaged education savings plans, and oversaw over $150 million in client assets.

The new team will relocate to new offices in San Antonio, along with senior partner and managing director Larry Barocas, partner Marcus Selva, and senior registered client relationship Manager, Debbie Ury, who joined Snowden Lane in Texas last year.

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