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Summary Of Executive Moves In North American Wealth Management - November 2021

Editorial Staff January 3, 2022

Summary Of Executive Moves In North American Wealth Management - November 2021

Global law firm DLA Piper launched a worldwide investment management and funds practice, covering the whole sector’s value chain. The practice is led by international partners Catherine Pogorzelski and James O'Donnell and US partners Jesse Criz and David Parrish.

Crestbridge, the provider of private equity and real estate administration solutions, appointed Marta Ciemiega as business development director for the US. Ciemiega, who is based at Crestbridge’s US office in New York, has more than 17 years’ experience in financial services. Before her latest role, she worked at Sanne Group, where she was responsible for design and execution of North America business development strategy. 

Santa Clara-based SVB Private Bank added two senior managing directors to its wealth management arm. Natalya Alexei and Vishal Wadhwa joined a team of 12 advisors that also includes four advisors who moved from Northern Trust following SVB Financial Group’s purchase of Boston Private in July. Alexei and Wadhwa deepened the firm’s expertise serving high and ultra-high net worth clients, notably in technology, life sciences, and venture and private equity. Both formerly led the UHNW private banking business for Northern California and the Pacific Northwest for Wells Fargo Private Bank. 

Argent Financial Group appointed Kathleen Plate as vice president and audit manager in its San Antonio office. Plate reports to chief audit executive Kimberly Breithaupt and is responsible for implementation, monitoring and supervision of the fiduciary audit program for the trust companies under Argent Financial Group. Before joining Argent, Plate was with Frost Bank for 25 years, serving most recently as vice president and fiduciary compliance specialist. 

A group of wealth management partners collectively called Sweet Financial Partners, overseeing almost $1 billion of client money, joined the Dynasty Financial Partners group of firms, having previously been with Raymond James. The partners are Bryan Sweet, Ty Totzke, Oliver Kollofski and Brittany Anderson. 

Bryan Sweet is founder and chief executive. He began his financial career in 1979 and established Sweet Financial Services in 1987 (now Sweet Financial Partners). Ty Totzke, partner and wealth advisor, has been a member of the Sweet Financial Partners team since 2003 and a partner in the firm since 2011. Oliver Kollofski, partner, director of wealth services, joined the Sweet Financial team in 2007 and became a partner in 2013. Brittany Anderson, partner and president, joined the Sweet Financial team in 2008.

Truist Wealth appointed Ramon Jose Pacios as complex director to lead the firm's international wealth brokerage business from its office in Coral Gables, Florida. Prior to this, Pacios worked at Wells Fargo Advisors, bringing 27 years of experience in international business.

CAIS, the US-based alternative investments platform, appointed Abby Salameh as chief marketing officer and as a member of the executive committee. Based in the New York office, Salameh reports to CAIS founder and CEO Matt Brown. Salameh, who has more than 25 years’ experience serving the independent advisor community, was most recently chief marketing officer at Hightower Advisors.

Boston-based Fiduciary Trust Company appointed Suma V Nair as chief fiduciary officer. Her responsibilities include oversight of fiduciary services for Fiduciary Trust Company’s Massachusetts trust company, and its affiliate, Fiduciary Trust of New England. She reports to Fiduciary’s president and CEO, Austin V Shapard.

Rockefeller Capital Management overhauled its senior leadership. It named Christopher Dupuy and Timothy O’Hara as co-heads of the Rockefeller Global Family Office.

Michael Outlaw was appointed to the newly-created role of national field director for the Rockefeller Global Family Office, reporting to Dupuy and O’Hara. 

The firm also hired Mark Alexander as the head of technology and operations. Christopher Randazzo, president of private wealth management, stepped away from his leadership role for personal reasons and serves as special advisor to Greg Fleming, president and CEO of Rockefeller Capital Management.

BMO Financial Group made several changes, including naming Deland Kamanga as head of its wealth management arm. He leads strategic direction of BMO Wealth Management, including Private Wealth Canada (BMO Nesbitt Burns and the Private Banking), US Wealth Management, BMO Global Asset Management, BMO InvestorLine and BMO Insurance. He reports to Darryl White, chief executive, BMO Financial Group.

Among other appointments, Sharon Haward-Laird, general counsel of BMO Financial Group, was designated as the bank's executive committee sponsor for three areas of focus: sustainability, the BMO for Women program, and digital currency.

Dan Goldman and Levent Kahraman were named as co-heads of global markets. They oversee all aspects of BMO's leading market insights, risk management, best-in-class execution services and access to major markets across asset classes including debt, foreign exchange, interest rate, credit, equity, securitization, and commodities. Goldman and Kahraman report to Dan Barclay, chief executive officer and group head, BMO Capital Markets.

The PNC Financial Services Group appointed Bryan Salesky, chief executive of Argo AI, to join its board of directors. Salesky co-founded and leads Pittsburgh-based, Argo AI, LLC, an independent self-driving technology platform company that works with automakers.

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