Here is a round-up of the most recent personnel moves in the North American wealth management sector.

Raymond James
Raymond James has hired industry veteran Patrick O'Donovan to join its Indiana management team based in Indianapolis.

He will be responsible for the South Indiana complex and four other branches in Northern Indiana.

He has more than 32 years' experience in the financial services sector. 

Schultze Asset Management
Schultze Asset Management, an investment firm specializing in financially troubled and distressed companies, has hired Dean Crowder as global head of strategic business development.

Formerly, Crowder was managing director at Rotella Capital Management, where he secured the relationship and seed capital for a new UCITS product launch throughout Europe. He also founded Alpha Alternative Investments, a registered investment advisory firm established as a third-party marketing representative for hedge funds and fund of hedge funds to global institutions, advisory firms and high net worth individuals. 

Axiom Investors
Global asset manager Axiom Investors has appointed José Gerardo Morales as co-portfolio manager of the Axiom emerging markets equity strategy and the Axiom emerging markets world equity strategy, the firm said in a statement.

Morales will assume full co-portfolio manager responsibilities. The existing portfolio management teams, including lead portfolio managers Christopher Lively and Andrew Jacobson of the emerging markets and emerging markets world equity strategies respectively, remain the same.   

With over 20 years of investing experience, Morales joins Axiom Investors following a nine year spell at Mirae Asset Global Investments in New York and London.

Headquartered in Greenwich, Connecticut, Axiom manages global, international, emerging markets, international small cap and US small cap equities.

Adams & Reese
Law firm Adams and Reese has appointed Michael Bednarek to its Washington, DC office as partner of its intellectual property (IP) practice, the firm said in a statement.

Bednarek has more than 35 years experience in intellectual property law. Prior to joining Adams and Reese, Bednarek was a partner at several other firms, including Shearman & Sterling, Axinn and Locke Lord.

Jensen Investment Management
Jensen Investment Management has appointed Allen Bond and Gabriel Goddard to serve on the company’s board of directors, the firm said in a statement.

Bond is managing director and portfolio manager and joined Jensen in 2007. In addition to serving on the board of directors, he serves as vice chairman of the Jensen investment committee.

Goddard is managing director, chief compliance officer and general counsel. He joined Jensen in 2012. As CCO, he runs Jensen’s regulatory compliance program and provides counsel to the firm and its staff.

Barings
Financial services firm Barings, which has over $288 billion in assets under management, has expanded its US retail distribution team to meet demand for the firm’s investment solutions for the retail and private wealth operations, the firm said in a statement.

The new members of the team include Tony Grigonis, David Perkins and Sevan Sakayan.

Prior to joining Barings, Grigonis was a vice president with Touchstone Investments. He has nearly 15 years of financial services experience. Perkins has worked as a financial professional for nearly 20 years and joins Barings following 14 years with Principal Global Investors, where he was a senior director.  Sakayan joins Barings following a 23-year career with Neuberger Berman, where he most recently served as a managing director.

Since launching in 2013 as an extension of the firm’s core institutional investment management platform, Barings’ retail mutual fund platform has had more than $1 billion in sales across eight open-end mutual funds.