People Moves

Summary Of North American Wealth Management Executive Moves – April 2023

Editorial Staff June 6, 2023


The latest roundup of moves for the North American wealth management industry.

Republic Capital Group, an investment bank concentrating on the RIA, wealth and asset management, securities, and fintech industries, appointed Jim Collins as partner, managing director and general counsel. Collins was previously a partner at the M&A investment bank, Silver Lane Advisors, and at the law firm, Morgan, Lewis & Bockius, among other roles.

EncorEstate Plans, a fintech company that provides estate planning software for financial advisors, hired Riskalyze co-founder Matt Pistone as the firm’s first chief technology officer. Previously, Pistone was CTO for 10 years at Riskalyze.

Banco Santander appointed Christiana Riley as regional head of North America. Riley is responsible for all the bank’s businesses in the US and Mexico, with the respective country heads, Tim Wennes and Felipe García Ascencio, reporting to her. She reports to the group’s CEO, Héctor Grisi, who was the regional head for North America until he was appointed to his role in January this year. Riley has served in several leadership roles over the past 17 years in both Europe and the Americas. She was most recently regional CEO for Deutsche’s business across the Americas, based in New York. 

Manhattan West, a US wealth management and alternative investments firm, appointed Patrick McDonald as managing director and financial advisor. McDonald,who is based in Orange County, California, has more than a decade of relevant experience to Manhattan West, specializing in tax preparation and financial planning. Previously, McDonald was director at MAI Capital Management. Before MAI, McDonald was an associate in Goldman Sachs’ executive counseling division, providing tax preparation, wealth transfer, alternatives and investment management services to corporate executive and wealthy families. 

Argent Mineral Management, a subsidiary of Argent Financial Group, appointed Anna Rachal as mineral manager. Rachal, concentrates on mineral wealth, contract negotiation, oil and gas accounting and asset evaluation. She reports directly to David Luke, Argent Mineral Management president and David Smith, Argent Mineral Management Louisiana manager. 

Toews Asset Management named Cory Kendall as its new managing director of strategic partnerships. Kendall has more than two decades’ experience in sales leadership in the financial industry. Most recently, Kendall acted as fintech and sales strategy consultant for CK Consulting as well as executive vice president of sales strategy for The Pacific Financial Group.

Dynasty Financial Partners started to work with Andrew Marsh, a Canadian entrepreneurial executive, and founder of Richardson Wealth. Marsh’s work at Richardson Wealth helped propel it from a startup to having more than $30 billion of assets under management in 15 years – the business was sold in 2020. Dynasty created this new role as part of its “Advisor to CEO” program, which provides content and coaching for CEOs in Dynasty’s network of independent RIAs.

Fairport Wealth, a Cleveland, Ohio-based Hightower advisory business, appointed Matt Logar, its president, as CEO. With more than two decades of wealth management experience, Logar succeeded Ken Coleman, who retired after nearly 25 years of leading Fairport. Logar joined Fairport in 2021 as director of client strategy and in 2022 was elevated to the role of president.

Ameriprise Financial’s branch channel brought in father-son team Harry Slade III and Harry Slade IV. They serve clients in Ellicott City, Maryland. Slade III, a 25-year industry veteran and Slade IV, who has served clients as an advisor for the past eight years, joined from Edward Jones and manage about $330 million in assets. The practice will operate as Ellicott Mills Wealth Management and is supported by client service associates Lynda Day, Stacy Fernen and Shawn Kramer. 

IQ-EQ, the global investor services group, appointed Matt Okolita as regional chief executive for the Americas. He took over from Mark Fordyce, who remained as non-executive chairman at the firm. Okolita reports to Mark Pesco, IQ-EQ group chief executive. Before this new role, Okolita was global head of outsourced business services, and worked with Fordyce for a number of years. Fordyce joined IQ-EQ in 2020 with the acquisition of Blue River Partners and steered the business through four subsequent strategic acquisitions.

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