The latest moves in wealth management across North America.

TFC
TFC Financial Management (TFC), an independent registered investment advisory and financial planning firm has appointed Debra McDonald as a senior client advisor.

Most recently, McDonald spent 13 years with Wingate Wealth Advisors in Lexington, Massachusetts. Prior to that, she spent four years with Charles Schwab.

Wells Fargo
A subsidiary of Wells Fargo that produces research and ideas across the US banking group has hired a head of global equity strategy, based out of New York.

The Wells Fargo Investment Institute has appointed Audrey Kaplan as head of global equity strategy. The equity strategy she sets will be used by the investment professionals across Wells Fargo’s entities including its Abbot Downing business that serves ultra-high net worth clients.

Kaplan has more than 25 years of global investment industry experience focused on equity research, quantitative analysis and portfolio strategy in global and domestic markets. Most recently, she led the international equities portfolio management and research team at Federated Investors.

Among other roles, Kaplan led Rochdale Investment Management’s quantitative research group. She also performed hedge fund strategy consulting with BlueCrest Capital Management in London, European quantitative strategy for Merrill Lynch in London, global emerging markets research with Robert Fleming in London, and equity, fixed income and derivatives analysis with Salomon Brothers in Tokyo and New York.

The institute is set up as a registered investment advisor, and a wholly-owned subsidiary of Wells Fargo Bank.