The latest senior moves and appointments in the North American wealth management industry.

Sanctuary Wealth
Sanctuary Wealth has brought in its first team in Michigan and its 18th new partner firm of the year, adding Famiglia Wealth in Bloomfield Hills, Michigan.

Previously doing business as The JW Alati Group at Morgan Stanley, the firm consists of four advisors: Robert F Alati, managing director and founder; Jason Geisz, chief executive and founder; Beth Silver, managing director and founder; Adam Biswanger, wealth advisor; and a team of three support personnel.

Famiglia Wealth has about $700 million in assets under management. Among the founders, managing director Robert Alati has the longest tenure, having served in the investment industry for 60 years. He began his career in the 1960s with Paine Webber, remaining with the firm through its merger with UBS until 2008 when he joined what became Morgan Stanley Wealth Management. 

Managing director Beth Silver, Bob’s daughter is a second-generation advisor who joined her father’s team at UBS in 2004. CEO Jason Geisz is a Certified Financial Planner™ who spent 10 years with UBS and then another decade with Morgan Stanley before becoming independent. He was included in the Forbes list of Best-in-State Advisors earlier this year.

Biswanger has been an advisor for 11 years and holds the Certified Financial Planner™ and Chartered Financial Analyst (CFA®) credentials. In addition to the four advisors, Famiglia Wealth also has an experienced support staff in Sue Minster, registered wealth associate; Robyn Crewsdon, director of operations; and Toni Ott, client service specialist.

CIBC
CIBC has appointed Gina Sabean to join its US private banking team at its business in Palm Beach, Florida, and Ryan DeVries, managing director and private banking market manager, to join its team in Houston, Texas.

Sabean - a senior private banking advisor with 30 years of industry experience - will work closely with high net worth individuals and families.

Prior to joining the firm, Sabean served as a senior vice president and senior banking advisor at PNC Private Bank, where she specialized in deposit and loan solutions. Previously, she spent 15 years with Northern Trust Wealth Management as vice president and private banking relationship manager. 

DeVries brings over 15 years of industry experience to his role as a private banking market manager, where he establishes relationships with high net worth individuals and families, business owners and senior executives.

DeVries works with clients and their trusted advisors to provide customized private banking and liquidity solutions to enhance balance sheets and protect and grow wealth. Prior to joining the firm, DeVries served as a senior private banker at The Northern Trust Company.

Previously, he was a vice president and capital advisor in the wealth management group at JP Morgan.