People Moves

Who’s Moving Where In Wealth Management? – Northern Trust AM, Raymond James

Editorial Staff June 14, 2024

Who’s Moving Where In Wealth Management? – Northern Trust AM, Raymond James

The latest senior appointments, moves, personnel changes and adjustments in the North American wealth management sector.

Northern Trust Asset Management
Northern Trust Asset Management (NTAM), with $1.2 trillion in assets under management as of March 31, 2024, has appointed David Abner (pictured) as head of global ETFs and funds.

Abner will be responsible for overseeing NTAM’s mutual fund and ETF product strategy, research and development, product management, and capital markets, as well as fund services and treasury functions. He will report to Paula Kar, NTAM global head of product.

“As we innovate and continue to build our suite of funds, David’s proven leadership and deep expertise will help drive NTAM’s continued growth in this key area of our business,” NTAM president Daniel Gamba said.

Abner is a recognized industry leader in ETFs. Most recently, he was global head of business development at Gemini Crypto Exchange. Previously, he spent more than a decade with WisdomTree Asset Management in a number of leadership roles, including as CEO of WisdomTree Europe.

Earlier in his career, Abner held leadership positions in ETFs at BNP Paribas and Bear Stearns & Co. He has a master’s degree in management and policy analysis and a bachelor’s degree in economics and philosophy from the State University of New York at Stony Brook.

Raymond James 
Raymond James has welcomed financial advisor Devona Benavidez to its independent advisor channel. 

Benavidez is joining the team at ZeroThreeSixtyTM Wealth Partners in Albuquerque, New Mexico, along with branch associates Mackenzie Merony and Jacqueline Martinez. The group specializes in investment planning and discretionary portfolio management. Previously, they were affiliated with Wells Fargo where Benavidez managed more than $115 million in client assets.

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