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

Nepsis®
Minneapolis-headquartered Nepsis®, a national financial advisor and investment management firm, has made two appointments to bolster the firm's tax division and help high net worth clients overcome complex tax challenges. 

Jack Cahill, joins Nepsis® as senior vice president of tax, and Chad Koebnick has been named vice president of specialized tax services, the firm said in a statement. The two hires will report to Byran Eberle, president of Nepsis® tax solutions.

Cahill has more than a decade of experience at large accounting firms, with a background in managing functions for public and large private companies. Most recently, he was a partner at Newport, a national advisory firm. As senior vice president of tax, he will work on enhancing the tax division's operational efficiency, focusing on improving the delivery of advanced tax planning services for high net worth and ultra-high net worth clients. A qualified attorney, Cahill also served as special counsel for Macaluso for a number of years, the firm added.

A former business solutions advisor at Finnegan Consulting, Koebnick previously served as a senior manager in international tax and business advisory at Eide Bailly. At Nepsis®, he will focus on expanding advanced tax planning and business advisory services to include international tax planning. Koebnick will also be tasked with the distribution of specialized tax credits to reduce the tax liability of those clients who qualify for them. Through this program, certain Nepsis® clients will be able to significantly reduce their federal tax liability by purchasing credits at a discount.