The latest senior moves in the North American wealth management industry.
JTC, the global provider of fund, corporate and private client services, has appointed Marcel Imery (pictured) as business development director for the US and wider Americas markets. The move comes after the firm raised almost £66 million ($93.2 million) in new capital to fund acquisitions.
Based in JTC’s New York office, Imery will provide structuring services to JTC’s private and corporate clients, with a particular remit to help drive growth across the US and Latin American markets. A lawyer recognized in industry publications such as Best Lawyer, Chambers and the Legal 500, Imery has also founded, financed and scaled start-ups in Venezuela and Chile, awarded by Wayra and Startup Chile, two of Latam’s most prominent incubators. He has worked in international tax, corporate and transactional law and advised high net worth individuals for more than 30 years.
Imery has particular expertise in advising LatAm families and business owners with corporate holding and asset protection structures.
Earlier in May, JTC raised funds from its first capital markets placing since the group listed on the London Stock Exchange in 2018. The capital will be used to fund a pipeline of acquisition opportunities, as well as to bolster its balance sheet. The placing followed 2020 full-year figures showing that revenues at £115.1 million rose by 15.9 per cent year-on-year. Underlying earnings before interest, taxation, depreciation and amortization rose by 9.4 per cent to £38.7 million from a year earlier.
JTC has bought 23 businesses over the last 10 years, with 10 of those having been announced since the firm listed in 2018.
BNY Mellon Wealth Management
BNY Mellon Wealth Management has added three staff to its Denver office.
The US firm has appointed Marie Dawson as senior fiduciary specialist, Steve Starzec as client strategist and Matt McConaty as associate client strategist. They all report to Eunice Kim, Colorado market president.
“The Rocky Mountain region is a strategically important growth market to the BNY Mellon Wealth Management business and is continuing to attract a variety of wealthy families from across the country, particularly in light of the pandemic as many Americans reevaluate their living arrangements and are moving to cities like Denver,” Kim said.
Dawson will manage client relationships, exercise fiduciary discretion, pursue new business opportunities and enhance and expand the firm’s relationship with the trust and estate planning community.
Starzec will advise high net worth individuals, families, and organizations by providing wealth advisory and planning services, including solutions that bridge business and personal goals, private banking, investment management, financial planning, and trust administration.
McConaty will be responsible for business development as well as providing financial counsel to high net worth individuals and organizations in the Denver metro community.
Dawson has more than 25 years of experience, including two years at BNY Mellon Wealth Management, having most recently served in the Las Vegas office as senior wealth manager - fiduciary specialist. Previously, she served as a senior vice president, client advisor at Whittier Trust and as director, trusts and estate settlement services, BMO Harris Bank, NA.
Starzec brings more than 30 years to his new role. Prior to this, he served in various leadership roles including the Boulder regional manager at MidFirst Private Wealth Management and the Western Rockies market leader at Bank of the West Wealth Management.
McConaty, with 13 years of financial services' experience, is joining from Heartland Financial USA, Inc, where he served as a portfolio manager. Matt also worked at W G Nielsen investment bank and UBS Wealth Management.