UK

UK-based asset manager, PSigma, appointed
Gervais Williams to the management team of the PSigma Income Fund. Williams joined the management of the fund
alongside Bill Mott and Eric Moore, effective immediately. He is responsible
for ensuring that the fund’s stock selection reflects the key macroeconomic
themes, according to a company statement.

Miton Group acquired PSigma in July of this
year, and the latter has since seen an expansion of the UK equities
team, the company said. PSigma had £750 million ($1.2 billion) in assets under
management as of 30 June 2013.

The UK-based wealth advisory firm Towry recruited
Gemma Durkin from LRH Wealth Management to serve as a wealth advisor in Leeds. Durkin spent the past year at LRH advising
high net worth clients in the areas of pensions, retirement and estate
planning. Prior to joining LRH, she spent three years at Financial Solutions
(I&RO) as a financial planner and mortgage advisor.

Recently, Towry has bolstered its business
and added to its advisor teams across the country. Early this past month, for
example, the firm appointed two senior figures for its personal injury and
clinical negligence team, while in September it added the firm Conclusion
Financial Planning to its business. 

Morningstar Investment Management Europe,
the investment advisory division of Morningstar, the fund performance and
research firm, appointed former MSCI executive Simon Ewan as managing director. Ewan is leading operations, client
management, marketing, and business development for Morningstar’s investment
management and consulting operations in the UK,
Europe, the Middle East, and Africa. He reports
to Daniel Needham, global chief investment officer for Morningstar Investment
Management.

Most recently, Ewan worked for MSCI in London, where he was
executive director, head of EMEAI asset owners and consultants. In addition, he
has held senior roles at ABN AMRO, SEI, Russell, and Countrywide, Morningstar
said in a statement.

Harrington Cooper, a London-headquartered
fund distribution company, appointed Henry Foster as sales manager.

With eight years experience in the fund management
industry, Foster was previously with Neptune Investment Management where he was
sales manager responsible for marketing to asset managers, wealth managers,
advisors and family offices in continental Europe.
Prior to that, he worked at Citigroup Asset Management and Western Asset
Management. 

Foster is a member of a five-person sales
team and will report to Harry Dickinson, partner.

Natixis Global Asset Management (NGAM),
part of the French asset management group Natixis, appointed Alex Wharton, who
joined as a manager in the UK institutional business development team and Fred
McNeill, who joined as a manager in the UK consultant relationships team; both
are based in London.

Wharton joined from Capita Employee
Benefits where he was a business development manager responsible for the
development of investment consultancy services to UK occupational pension schemes.
Prior to that, Wharton spent over ten years at the Financial Times Group, in
the role of head of business development, institutional asset management
division.

In his new role, Wharton reports directly
to Euan MacLaren, director of UK
institutional business development, serving to help UK pension funds and other
institutional investors create more durable portfolios that meet their
long-term investment goals.

McNeill joined from Neptune Investment
Management where he was a manager for its institutional business team. He
originally joined Neptune in 2006, prior to
which he served at UBS Global Asset Management.

McNeill reports directly to Lucy Johnstone,
director, consultant relationships, and is responsible for ensuring that the
investment consultant community receive all the information they need on NGAM’s
underlying affiliate investment managers.

As a further addition to the UK consultant
relationships team, Laura Devoucoux joined as manager, consultant
relationships, also reporting directly to Lucy Johnstone. Laura joined from
Natixis Asset Management in Paris, one of Natixis Global Asset Management’s
affiliate investment managers.

These appointments represent the continued
expansion of NGAM’s UK
institutional team and further reflect the firm’s commitment to the UK market. The
firm’s London
office now has a headcount of over 40.

Man Group, the listed hedge fund manager,
appointed Dev Sanyal as a non-executive director, with effect from 1 December
2013. Previously, Sanyal was executive vice president and group chief of staff
at BP, where he was responsible for group strategy and planning, group risk
management, government and political affairs, and group integration. With more
than 20 years’ experience in global finance, Sanyal has held a number of other
senior financial and line management positions within BP.

Cordea Savills, the UK-based international
property investment manager, appointed Jon Crossfield as head of investment
mandates.  Crossfield is responsible for
the firm’s investment mandate programme targeting institutions, family offices,
and private equity funds. He joined from Savills, the firm’s parent company,
where he spent ten years and was latterly a director in its investment advisory
team. In this role, Crossfield advised overseas owners investing in the UK. Prior to
that, he worked at both DTZ and Jones Lang LaSalle.

Earlier this past month, Cordea Savills
appointed Dr Ljiljana MacDonald as a director within the business development
team.

Sanlam Private Investments, part of financial
service group Sanlam, appointed Richard Kirkham as an investment manager as
part of the firm's expansion plans in the North of England.  Based at its Harrogate
office, Kirkham reports head of intermediary services, North, Jonty Warneken.

Kirkham was previously a consultant for
Midas Investment Trust. Before this, he was a senior UK
small/mid cap sales specialist at companies including Matrix Capital, Teather
and Greenwood
and Old Mutual. He also worked for a number of years as a private client asset
manager at Brown Shipley (formerly Henry Cooke Lumsden).

Raymond James Investment Services launched
a new practice in Kent,
headed by Chris Redman. The Faversham-based practice offers clients investment
opportunities with a socially and ethically responsible focus, Raymond James
said in a statement.

Redman has over 27 years of investment
experience and was previously investment manager and team leader at Collins
Stewart, where he was responsible for developing and managing the investment
proposition for intermediary clients.

He joined Gerrard Investment Management in
1986 and during his time there was investment manager and regional director. In
2006, he joined Barclays Investment Bank as a private equity product specialist
and became investment manager and team leader at Barclays Wealth in 2008.

Invesco Perpetual confirmed that UK equities
product directors William Deer and Mitchell Fraser-Jones have both decided to
leave the company to "pursue other opportunities". The departures
follow the announcement in October that head of UK equities Neil Woodford would
leave next April to start up his own fund management group. Deer began his
investment career in 1998 and previously worked for HSBC and ABN Amro as an
equity analyst and Pan European equity salesman, before joining Invesco in
2006.

Mitchell began his investment career in
1995 with Singer & Friedlander Portfolio Management, working in a variety
of roles, including assistant portfolio manager. He joined Invesco in 2002,
initially in the role of senior marketing specialist, before becoming product
director, UK
equities.

Lipper, the fund research firm that is
owned by Thomson Reuters, appointed Jake Moeller as head of UK & Ireland research. Moeller succeeds
Ed Moisson, a well-known industry figure, who left Lipper back in July of this
year after 14 years at the firm.

Moeller, with more than 16 years’
experience as an expert in mutual fund research and selection, fund of funds
portfolio management and asset allocation strategies, joined from Scottish
Widows (Lloyds Banking Group), where he was a senior assessment manager for
their internal and third party funds platforms. Prior, he headed up the
internal fund of funds and research team at AIG Life (MetLifeAlico).

In his new role, Moeller is responsible for
the analysis of trends and developments in the UK and Irish fund market. 

UBS Wealth Management UK strengthened its
strategic partnership team with six hires from Deutsche Asset and Wealth
Management.  The team is led by Sean
Taylor, who rejoined UBS after being at Deutsche for nearly five years.

The team includes client advisors Nick
Muir, Russell Gula and Will Pendril; client advisor assistant Antony Buckle;
and Robert Gibbs in business development.

The six specialists were hired in response
to growing demand from the financial planning community for access to robust
investment services coupled with strong delivery, UBS said. 

SVG Investment Managers, the UK
boutique, expanded its investment team with the appointment of James Law
as global equities analyst. In this newly created role, Law primarily assists
SVGIM in providing specific investment advice to SVGIM’s new majority owner
Hansa Aktiengesellschaft, a Swiss based investor and holding company, in
relation to its global public equities portfolio. Prior to joining SVGIM, Law
spent two years at HgCapital as a senior associate focusing on mid-market
buyouts across the global TMT sector.

He includes three years at Atlantic Bridge
Capital, as well as previous roles at Circle Partnership, Banc of America
Securities and NM Rothschild.

The chief ombudsman and executive of the
Financial Ombudsman Service stepped down, after almost four years with the
ombudsman service. Natalie Ceeney left her
role, effective immediately. Ceeney joined FOS in March 2010, having previously
served in various senior roles, none of which were in the financial services
sector. In her absence, deputy chief ombudsman Tony
Boorman took charge of running the service until further notice.

Carey Olsen, the offshore law firm,
appointed offshore corporate financing lawyer Emma Russell as the newest
partner in its London
office. Russell joined the firm from King & Wood Mallesons SJ Berwin, where
she advised on a range of corporate finance deals including fund and property
financing, as well as acquisition and leveraged finance. She works in London as part of the corporate funds team managed from Guernsey.

Russell has offshore experience having
worked in Dubai advising on Islamic finance,
general finance and investment funds finance with Cayman and British
Virgin Islands law elements. Before that, she served in Jersey in corporate, banking and finance law. Russell's
appointment took the total of number of Carey Olsen partners based in London to three.

The Consulting Consortium, an independent
regulatory consultancy, hired Kevin Parkinson and Chris Martin as regulatory
consultants.  Parkinson assists TCC’s
clients with meeting the requirements and expectations of the FCA, while Martin
is responsible for the delivery and oversight of regulatory consulting
assignments, with particular focus on conduct risk and the impact of the FCA’s
new assessment framework.

Both formerly from the FSA/FCA, the two men
assist in delivering the firm’s conduct risk services in their new positions.  Parkinson, with over 25 years' experience in
financial services, was most recently supervising firms across a variety of
sectors with the FSA and FCA.  Martin was
most recently lead associate in the complex events team within the event
supervision department, handling risks that had crystalised in regulated firms
or sectors.

Schroders appointed Claire Glennon to a
newly-created role within its UK
and Ireland
institutional business development team. Glennon joined from Baring Asset
Management, where she held the role of institutional relationship director since
2002, responsible for managing the relationships with both corporate and local
government defined contribution and defined benefit clients.

Kleinwort Benson, appointed Arun Lad as
head of London
compliance. Lad reports to Letitia Smith, the company’s chief risk officer. He
joined from UBS Wealth Management where he was the director of policy and
advisory since 2006.

San Mateo, CA-headquartered Franklin
Templeton named Peter Vincent as head of alternative investments for Europe. Based in London,
Vincent is responsible for new business development of the group’s alternative
products throughout Europe, the firm said in a
statement.  Prior to joining Franklin Templeton, Vincent served at
Fauchier Partners for seven years.

Just 10 months after he took the post at
Barclays in the wake of the LIBOR-rigging scandal that rocked the City, Hector
Sants, former chief of the old UK
financial regulator, left due to stress and exhaustion. Sants held the post of
head of compliance and government and regulatory relations at the bank. Previously,
he had been the chief executive of the Financial Services Authority, the former
UK
watchdog.  At the same time, chief
operations and technology officer at Barclays, Shaygan Kheradpir, resigned. Kheradpir
left the bank to take on a role as CEO for a company based in the US.

An internal and external search was launched
for both posts. In the meantime, Allen Meyer, head of compliance, corporate and
investment banking, acts as interim head of compliance and government and
regulatory relations. Darryl West, Barclays’ chief information officer, acts as
interim group chief operations and technology officer. In these posts both joined
the executive committee and report to group CEO, Antony Jenkins.

Compliancy Services, a compliance
consultancy firm, hired Andrew Tyrtania as a consultant to deal with compliance
issues for the firm's investment clients. Tyrtania was a director at FM
Consult. He also has experience of supporting firms in the asset management,
corporate finance, and MTF sectors. Overall, Tyrtania has over 20 years
experience in both investment and regulatory affairs within the UK, serving in
private banking prior to entering compliance. 

Butterfield Private Bank, part of the
Bermuda-headquartered Butterfield Group, appointed Kim Hillier to the
newly-created role of European head of private banking.  Hillier, who joined Butterfield from Stonehage
Investment Partners in 2012, was previously the head of Butterfield’s private
banking business in London.
She is an international wealth management advisor with more than 30 years of
experience in managing money for high net worth individuals and families
worldwide.

In her new role as European head of private
banking, Hillier is responsible for Butterfield’s private banking teams in
Guernsey and London.

Securities Trust of Scotland,
managed by Martin Currie, appointed Angus Lennox as a non-executive director of
the company. Lennox, with 23 years’ experience
at Cazenove, was latterly at JPMorgan Cazenove where he served in a variety of
positions. In addition to his new role with Securities Trust of Scotland, Lennox continued with his duties as executive chairman of
two family businesses.  He also remains as a director of a number of
organisations involved with fishery management on the River Spey.

Platform provider Praemium appointed
Rebecca Murphy to the newly created role of head of investment solutions to its
London office
as part of the firm's plans to expand the range of services it offers to
advisors and investment managers. Murphy reports to chief executive Michael Ohanessian
and works alongside Jon Farmer, who was promoted from institutional business
development manager to head of platform distribution. Murphy has over 18 years’
experience in the multi asset market and has worked at both Henderson Global
Investors and Rothschild Asset Management. 

London-headquartered Westbury Private
Clients appointed Matthew Robinson as head of private clients, this publication
can exclusively report.  Robinson was
previously a portfolio manager at Butterfield Private Bank, a spokesperson for
Westbury told this publication when asked about the move.

London-based Ignis Asset Management
appointed Eric Stobart and David Watts as non-executive directors. Stobart held
non-executive roles at Throgmorton Trust, Utilico Investments and Capita
Managing Agency, as well as senior trustee positions on the pension schemes of
Lloyds Banking Group, Anglian Water, Dixons Store Group and Lloyd’s of London.  Watts began
his professional career at Phillips & Drew in 1971 before moving to
Gartmore in 1979, where he spent the remainder of his professional career.  On the Board, Stobart chairs the audit and
risk committee and Watts chairs the investment
committee, the firm said.

Scopic Research, an independent UK-based
research consultancy firm, appointed Steve Gibson to the newly-created role of
research director.  Not only is Gibson a
director, but he is also a shareholder in the company. Prior to this move to
Scopic, Gibson worked for Fidelity International where he helped in the
development of the investment philosophy and process used within their
multi-manager team.

Pictet Asset Management, the asset
management division of Swiss private bank Pictet & Cie,  appointed Roget Price-Haworth as head of
institutional business development for the UK
and Ireland.
Additionally, Anahita Firouzbakht joined the company as consultant relations
manager in the global consultant relations team.

Based in London, Price-Haworth is responsible for
developing Pictet Asset Management’s institutional business across the region.
He was previously with BNP Paribas Investment Partners where he was the head of
UK
institutional business.  Firouzbakht
reports to Fawzy Salarbux, head of global consultants, at the London office. She joined from Partners
Group, where she focused on developing relationships with both global and local
consultants to profile and distribute Partners Group investment funds across Europe.

Towry, the UK-based wealth advisor that
added to its teams across the country recently, appointed two senior figures
for its personal injury and clinical negligence team, taking the total number
to 12. Michael Egan joined Towry from Barclays Wealth & Investment
Management, where he provided financial advice and private banking to high net
worth clients in the Manchester
area. Previously, he worked for four years as a personal injury specialist at
Irwin Mitchell Asset Management. He will be based in the firm’s Leeds office.  Meanwhile,
one of Towry’s existing wealth advisors, Ian Mackendrick, joined the personal
injury and clinical negligence team. Mackendrick, who joined Towry from Lloyds
in early 2012 and works in the firm’s Chichester
office, is a financial planner who spent the past 21 years in the financial
services industry.

London-based wealth manager Satis Asset
Management appointed two senior advisors, expanding its wealth management, tax
and financial planning client offering. David Hearne was appointed wealth
management advisor and supports private clients in long term financial
planning. Hearne’s most recent role was as an independent financial advisor.
Prior to that, he spent four years as a commercial financial planning manager
at HSBC. 

Matthew Edwards was appointed senior tax
manager and advises clients with financial interests in the UK and US on
tax compliance, estate and inheritance tax planning, foreign tax-credit
planning and remittance planning.  Edwards was most recently a senior tax
manager for Ernst & Young, a role which saw him focus on UK/US tax
compliance and planning.

City Financial Investment, the London-based
independent fund manager, appointed Phillip Lee as global fixed income manager,
with immediate effect. Lee joined from independent investment consulting
practice Asset Risk Consultants, where he was associate director.  He works with Graham Glass, lead manager of
the City Financial Defensive Global Bond Fund.

Julius Baer appointed Alan Hooks to lead
its three-strong UK wealth
and tax planning team, based in London.
Hooks joined Julius Baer from Lloyds Private Banking London, where he was head
of UK
wealth structuring solutions. With more than fifteen years’ experience in
wealth management, focusing on wealth preservation, succession planning and
tax-led structures, he spent six years at HSBC Private Bank, where he was a
director.

Exeter-headquartered Hawksmoor Investment
Management, a boutique firm specialising in discretionary portfolio management,
appointed Jim Wood-Smith as head of research and Henry Rising as a senior
investment manager, with effect from January 2014. Wood-Smith joined Hawksmoor
following his departure from Investec, where he was formerly the firm's chief
investment strategist. Before that,Wood-Smith served as head of research at
Williams de Broë and has also worked at private client investment managers
Greig Middleton and Gerrard.

Spain's
Bankia appointed Marta Alonso as director of its private banking unit,
reporting to Jaime González Lasso De la Vega, director of the private banking
and asset management division.  Alonso is
responsible for increasing deposits, market share and customers, the firm said
in a statement. She previously headed the Madrid private banking unit. Before joining
the group, she worked at Banif and Banco Urquijo.

Glasgow-based private
equity manager Maven Capital Partners added two new hires to its Scottish Loan
Fund team. Maven appointed Martin McLaren as portfolio manager and Brian
Scouler as portfolio consultant.  Both assist
the existing Scottish Loan Fund team across its Scottish offices to help
develop and manage the expanding SLF portfolio, the firm said in a statement.

McLaren joined from Lloyds Banking Group in
Edinburgh,
where he was a relationship manager in the corporate real estate business
support unit. Scouler served as non-executive director of 26 portfolio
companies across a wide range of industry sectors over a 25 year period.

Legal & General Property appointed
Imogen Ebbs as a senior asset manager for the firm’s Limited Price Inflation
Income Property Fund. Ebbs joined LGP from Lloyd’s Banking Group where she
served as an associate director of its property solutions team.

UK
boutique European Wealth, which was launched three years ago, appointed Martin
O’Grady as an associate in its investment management arm, having previously
worked at Barclays’ high net worth team.

Switzerland

Mirabaud & Cie appointed René Hermann to the newly
created position of head of its Zurich
branch. Hermann was previously head of private banking at Valartis Bank and at
Maerki Baumann & Co, where he was responsible for the development and expansion
of its front office, as well as for advisory and portfolio management services.
He began his career as a private banker with Credit Suisse in Zurich.

Europe

VP Bank, the Liechtenstein-headquartered private bank,
streamlined its organisation and cut personnel in its group executive
management, to take effect from 2014. The chief operating officer left the
firm. Group executive management was being merged with the executive board at
the head office in Vaduz
in a dual role as of 1 January 2014. Chief operating officer Juerg Sturzenegger
decided to leave the bank. In the past five years, Sturzenegger – in his 2009
to 2010 role as chief executive of VP Bank (Switzerland) Ltd. and in subsequent
roles – implemented “vital strategic projects and extended the range of
services offered, especially in investment management and other product
divisions,” the bank said.

Martin Engler, head of Private Banking Liechtenstein,
Günther Kaufmann, head of intermediaries and transaction banking and Rolf
Jermann, head of commercial banking – from 1 January were to concentrate
efforts on developing their respective areas of responsibility and will step
down from the executive board. The executive board in Vaduz now consists of CEO Alfred Moeckli,
head of client business Christoph Mauchle and chief financial officer and head
of banking services Siegbert Näscher.

The Association of International Life Offices appointed a
new chairman, Nils Liljeberg. He has 20 years’ experience within the financial
services industry and takes over from Dr Claudia Lang, who completed a two-year
term in the post. Having worked for companies such as Price Waterhouse and
Swedbank Insurance, Liljeberg moved to Ireland in 2001 to join SEB Life
International which operates in the cross-border insurance industry. He has
held the position as managing director since 2005.

TOBAM, the Paris-based quantitative asset manager appointed
Rudyard Ekindi as head of marketing. Ekindi’s international career spans from Paris to London and New York covering a
global range of institutional clients. From January 2009 to August 2013, Ekindi
was director of investment research for the UK’s National Employment Savings
Trust (NEST). Prior to that, he was director at Credit Suisse Asset Management,
as a portfolio manager with a focus on quantitative strategies and alternative
investments. Rudyard began his career as a consultant for KPMG Strategic Risk
Management. In his new role, Ekindi reports to Christophe Roehri, managing
director, global head of business development.

Ossiam, a specialist investment manager and affiliate of
US/France-headquartered Natixis Global Asset Management, appointed Monique La
as risk manager. Her role includes responsibility for monitoring risk
indicators, risk reporting, and risk validation of investment strategies and
portfolio rebalancing. She reports to Philippe Chanzy, chief risk officer and
chief operating officer of Ossiam. La joins from BISAM Technologies, where she
was a business and support analyst. Prior to this she worked for Harewood Asset
Management, a subsidiary of BNP Paribas. La is based in Ossiam’s office in Paris.

KBL European Private Bankers, the parent company of UK-based
private bank Brown Shipley, appointed Cédric Lebegge to the newly-created role
of head of project management office, based in Luxembourg. Prior to joining KBL
epb, Lebegge served as a Brussels-based partner in the Financial Services
Practice at Bain & Company, a global business consultancy.

UK-based accountancy firm, Saffery Champness, expanded its Guernsey business by setting up a specialist investment
management division, hiring two senior managers to lead the unit. The company
appointed Paul Garrard and Mark Despres to lead the division. Garrard
previously worked at Kleinwort Benson for 24 years while Despres was with
Spearpoint’s investment team in Guernsey for
15 years. The two men work alongside Mark Ostwald, Jim Goodney, Phil Jordan,
and Nigel Webb within Saffrey Champness.

The Paris-based investment firm Axiom Alternative
Investments added to its institutional business by hiring Christina Perri as
director of international business development. Perri joined Axiom from Winton
Capital Management where she served as vice president in charge of business
dedicated to institutional customers in the UK,
Canada and the US. Prior to
this, she was head of institutional development for the UK and US at the Paris-based
boutique, Financière de l’Echiquier from 2009 to 2012.

Deutsche Bank appointed Kim Hammonds as chief information
officer and global co-head of group technology and operations. Hammonds took over from Anthony McCarthy who
decided to pursue other career opportunities. Previously, Hammonds served as chief information officer
at Boeing. She is based in London
and reports to Henry Ritchotte, Deutsche Bank’s chief operating officer.

ABN AMRO MeesPierson, the private bank of ABN AMRO, named
Jos ter Avest as the new chief executive officer. Previously, ter Avest was
responsible for markets and clearing at ABN AMRO and has extensive experience
in the bank’s commercial and private divisions. He will replace Frans van
Lanschot, who serves as senior advisor to the managing board after stepping
down as CEO.

The Italian bank and asset manager, Banca Generali, added
two high-profile bankers to its private banking team. Edoardo Pagani joins from
his role as a senior wealth manager at Credit Suisse, while Paola Falcone joins
from Bance Popolare Etruria's
private banking division.

North America

Dublin-headquartered Carne, which provides governance services to the asset
management sector, appointed Laren Gillespie to its team of Cayman
Islands independent fund directors, according to a company
statement.

Gillespie previously worked at Intertrust Fund Services (Cayman) in the Cayman Islands, where he provided independent fund
directorship services to hedge funds, private equity funds, and investment
management structures.

Prior to that, he worked with a private family office and an international
financial services firm based in the Cayman Islands,
where he implemented risk monitoring programs.

SCBT, South Carolina Bank and Trust, appointed Thomas
Ledbetter as group president for its mortgage banking and wealth management
divisions covering North Carolina, South Carolina and Georgia.

With over 29 years of experience in the financial services
industry, Ledbetter joined SCBT in 2002 as mortgage production manager for the Greenville region.

Berkshire Bank appointed Susan Chamberlain to the
newly-created role of vice president of private banking.

Chamberlain will be responsible for eastern Massachusetts, based out of the bank’s new locations in
Westborough and Burlington.
Prior to joining Berkshire, Chamberlain worked
for TD Bank in cash management and retail banking. She has some 30 years of
experience in the financial services industry. 

KBS Realty Advisors named Marc DeLuca as eastern regional
president to replace the retiring Chuck Lindwall, who was responsible for KBS’
eastern region since the company was founded in 1992.

DeLuca, who has worked in the industry for 19 years, will be
responsible for all acquisitions, dispositions and asset management activities
for KBS in the Northeast, Mid-Atlantic and Southeast.

US Bank Wealth Management hired Mark Sandvos as a personal
trust officer for The Private Client Reserve of US Bank in St Louis, MO.

Sandvos will administrate trusts for high net worth clients
- a task which will involve coordinating financial, tax, investment and legal
services. 

Sandvos served as a trust officer for the PCR from 2005 to
2008. Most recently, he was an asset manager with US Bank’s Community
Development Corporation. Sandvos has also held positions with Deutsche Bank and
served as a law clerk and an attorney with Missouri-based law firms.

Raymond James added financial advisors Charles Massimi,
Bradley Silverman and Daniel Bruno to its independent channel in Armonk, NY.

The trio operate as The Massimi Group, offering securities
through Raymond James Financial Services, Raymond James’s independent
broker/dealer.

The group joined from Morgan Stanley, where they managed
more than $154 million in client assets and had annual fees and commissions of
over $1.7 million. As a team they focus on financial planning and, in
particular, helping to provide clients with income in retirement. They serve
individuals and families in the Greater New York area as well as in other parts
of the US.

A 30-year veteran of the industry, Massimi began his
financial services career in 1983 with the Jericho, NY,
firm of McLaughlin, Piven & Vogel. He then moved to Shearson Lehman
Brothers and in 1988 joined Robert Thomas Securities (an independent
broker/dealer subsidiary of Raymond James). In 1994, he joined UBS in White
Plains, NY, and 13 years later moved to Morgan Stanley in Purchase, NY.

The Jacobson, Hare and Hoelzel Group joined Wells Fargo Advisors in Woodland Hills,
CA, from Morgan Stanley.

The group consists of financial advisors Andrew Jacobson, Shawn Hare and
Gregory Hoelzel - all senior vice presidents of investments. 

Combined, they have $185 million in assets under management, production of
$2.2 million and 49 years of experience in the industry. 

They bring with them a financial advisor-in-training Andrea Koerte; senior
registered client associate Maribel Cobian; and client associate Rose Tran. They
report to branch manager Kevin Friedman.

Silvercrest Asset Management named its president and chief
operating officer Richard Hough as acting chief executive, following the death
of chairman, CEO and co-founder, G Moffett Cochran.

Silvercrest Asset Management Group was founded in April 2002
as an independent, employee-owned registered investment advisor.

BNY Mellon Wealth Management recruited Drew Maldonado as a
senior director for business development, charged with overseeing the firm’s
New York-Tri-State region.

Based in Madison,
NJ, Maldonado reports to managing
director Katia Friend. He was latterly a managing director at Merrill Lynch
Global Wealth Management, where he ran the equities business. He also worked on
client account management and business development for the Global Investment
Solutions group.

Previously, Maldonado was vice president and head of
position trading for global equities at Fidelity Capital Markets. 

LCK Wealth Management - formerly part of Merrill Lynch Wealth Management’s
private banking and investment group - joined the HighTower
partnership of firms in New York.

LCK Wealth Management provides wealth management and investment services for
families, trusts, foundations, charitable organizations and other non-profit
entities.

The firm is led by Laurie Kamhi, who joined HighTower as a partner and
managing director. Also on the team, which manages $320 million in client
assets, is senior financial analyst Christine Torrey and senior private wealth
associate Karman Tong.

Kamhi has more than 30 years of experience in investing, private wealth
management and institutional trading and sales.

Florida-based Espírito Santo Bank named Rafael Madan as senior vice
president and head of wealth management, as well as promoting Carlos Modia as
chief financial officer and hiring Andrew Methven as chief operating officer.

Madan will oversee Espírito Santo Bank's private bankers and develop new
private banking products. He will represent the firm in the US and Latin America,
along with the senior management team, and play a significant role in community
organizations.

Madan was most recently managing director of Wells Fargo Advisors in Miami, FL,
where he was responsible for 90 financial advisors. He joined Oppenheimer &
Co (Miami) in
1994 and ended his 12-year tenure there as managing director/branch manager.
Prior to that, he was director for Latin America Private Banking at Merrill
Lynch Bank & Trust Company in Miami.

Modia, now CFO, joined Espírito Santo Bank in 2005 and before this promotion
was senior vice president and chief operating officer. Methven, meanwhile,
joined from RBC International Wealth Management, where he was latterly head of
operations and technology in Miami.
From 2003 to 2011, he was COO for the Americas
region and before that was director of finance at RBC Global Asset Management
in Toronto.

The Kansas-headquartered global funds firm Ivy Funds named veteran
high-yield portfolio manager William Nelson as portfolio manager of the Ivy
High Income Opportunities Fund.

Nelson replaced Bryan Krug, who managed the fund since its inception and is
leaving to join Artisan Partners Asset Management. No further changes were made
to the high income research team.

Nelson now handles all the firm’s high income funds as vice president and
portfolio manager of Ivy Funds VIP High Income ($644 million in assets), as
well as managing the Waddell & Reed Advisors High Income Fund ($2 billion
in assets). He joined the firm in 1995 as a fixed income investment analyst
specializing in high-yield securities.

The Ivy High Income Opportunities Fund primarily invests in high-yield
corporate bonds of varying maturities and other fixed income instruments of
predominantly corporate issuers.

Gumbiner Savett, the full-service accounting, tax and business advisory firm
in Southern California, appointed Jason Powell as director of international
tax, based in Santa Monica.

Powell has more than 15 years of international tax experience, during which
time he has served as an advisor to individuals and corporations as regards
global taxation planning and business transactions.

He is also well-versed in matters related to federal and international
compliance, tax accounting and withholding. For example, he has helped clients
navigate through international tax issues associated with penalties pursuant to
FATCA, intergovernmental agreements, mergers and acquisitions, and
restructures, among other issues.

Milwaukee, WI-headquartered Artisan Partners, a global
investment manager, appointed Bryan Krug as a fixed income portfolio manager. He
is expected to join the firm by the end of 2013.

Krug will be responsible for leading a credit opportunities
strategy that the firm expects to launch in 2014. He has 14 years of industry
experience and seven years of portfolio management experience leading a
high-yield investment strategy.

BNY Mellon Wealth Management appointed William Johnston to a
newly-created position: head of private banking solutions. Johnston
will be based in New York
and joins from Capital One Bank, where he was market executive for middle
market.

Reporting to executive director of private banking Bill
Sappington, Johnston
will lead all of the firm’s private bankers and escrow bankers, while
coordinating the activities of the mortgage banking officers in the field. He
will also work with regional presidents and channel partners to develop private
banking growth strategies.

BNY Mellon also hired Bob Larue to introduce an array of
private banking, credit and lending services to registered investment advisors
through BNY Mellon’s Pershing Advisor Solutions.

Financial advisor Keith Morris, a managing director of
Morris Capital Management Group, joined Raymond James’ independent channel in Conshohocken, PA.

Morris joins Raymond James Financial Services from Wells
Fargo, where he managed more than $110 million in client assets and had annual
fees and commissions of over $1 million.

Morris Capital Management Group specializes in wealth
accumulation and preservation and offers a range of investment alternatives and
services.

Morris began his career in 1994 at Prudential Securities,
later joining Legg Mason and Wachovia Securities, a predecessor firm of Wells
Fargo Advisors. In 2011 - while at Wells Fargo - he founded Morris Capital
Management Group.

Joining Morris at Raymond James was Denise Bucci, a
registered client services manager. Morris carries out administrative duties,
customer account inquiries and overlooks daily operations. She began her career
as an administrative assistant with Thomson McKinnon, a predecessor firm of
Prudential Securities. She has worked at several other firms including Shearson
Lehman and Paine Webber, prior to joining Morris at Wachovia Securities in 2005.

First Republic Bank appointed Clarke Leaverton and Spencer
Strahan as managing directors and investment consultants in Portland, OR.
Leaverton and Strahan both have more than 30 years of investment experience and
now work for First Republic Private Wealth Management.

Raymond James recruited financial advisors Richard Swift and
Jeff Dakin in Columbus, GA.

The team operates as the Swift Wealth Management Group and
joined from Morgan Stanley, where they managed some $934 million in client assets
and had $1.2 million in annual fees and commissions.

Swift Wealth Management Group serves families and
businesses, as well as managing pension and retirement plans for local firms,
endowments and foundations.

Swift began his financial services career in Columbus at
Robinson-Humphrey in 1998 after several years with a commercial insurance firm
and at Columbus Bank & Trust.

Dakin first joined Synovus Securities in 1991, moving to
Robinson Humphrey in 1996, where he later teamed up with Swift. 

Tiger 21, the peer learning network for high net worth
investors, created a group in Chicago,
IL. The moves came just a few a
weeks after the organization announced a second group in Washington, DC.

Rick Harig, a financial industry professional and family
wealth advisor, joined Tiger 21 to lead the Chicago group. He founded Legacy Resources in
1994 after spending more than a decade in the securities industry.

UBS promoted Stephen McCashin - who has been with the firm
since entering its graduate training program - as office manager of San Francisco
Private Wealth Management.

Most recently, McCashin served as complex director for Northern California, overseeing six offices with revenues
in excess of $100 million.

Prior to that, he held several management positions
including complex director for Downtown Los Angeles, having previously been a
branch office manager in Rancho Bernardo.

Between 2008 and 2009, McCashin was with Private Wealth
Management in LA, during which time he helped grow the business and add over $6
billion in net new assets, UBS said.

He spent most of 2008 as the acting manager for the office
as UBS searched for a permanent replacement to fill the role.

Signature Bank added three teams to its New York-based
network of private client offices.

Darren Kay was named group director and senior vice
president, and will lead a new team from Signature’s office in Manhattan. Kay was most recently a market
sales executive and senior vice president at Capital One Bank in Midtown.

His team members include Natalie Krisztin - formerly a
senior business banker with whom he worked with - as associate group director and
vice president, and Rebeca Vargas and Jason Lasky - previously sales support
specialists - who were named senior client associates.

Krisztin spent a decade at Capital One Bank and predecessor
firm North Fork Bank, while Vargas was there for 13 years, and Lasky nine.

Meanwhile, Brian Mazzotta was appointed as group director
and senior vice president, joining from Capital One Bank in Long
Island.

Associate group directors Dawn Arrasate and Michael Pollman joined
Mazzotta’s team in Long Island are, as well as
senior client associate Pat Magri. They also joined from Capital One Bank.

Lastly, David Artis and his team join Signature from HSBC in
New York City,
and remain based in NYC in their new roles.

Daniel Topple and Richard Wang were named associate group
directors for Artis’ team. Carmen Beltre will serve as senior client associate
on Artis’ team. 

Chicago, IL-based HighTower, the advisor-owned firm, has
added The Andriole Group to its partnership - the second advisor team
transition HighTower has completed in the past two weeks.

Formerly part of Merrill Lynch Wealth Management, The
Andriole Group serves entrepreneurs and high net worth individuals and
families. The group currently manages $700 million in client assets.

The team was the 40th to join the HighTower partnership
since the firm’s founding five years ago, and is the first HighTower team based
in Connecticut.

The Andriole Group includes wealth management advisors: Eric
Hanson, Christopher McFadden and Alexandra Miele; and senior client service
associates Michele Arsenault and Carol Aragon.

BNY Mellon, which has embarked on a global recruitment drive
at its wealth business, appointed portfolio Manager Gary Recker to join its
wealth management business in Southern California.

Recker, with more than 25 years of experience in financial
services, reports to senior director Ben McGloin, who oversees portfolio
managers in the Orange and San Diego Counties.

Recker previously served as a senior portfolio manager and
senior vice president at Northern Trust for 13 years in San Diego. He actively managed major
portfolios for large clients, assisted with new business development and led an
investment department of three portfolio managers and support staff. Before
that, Recker was a vice president for 11 years with Marathon Asset Management,
where he actively managed and balanced client portfolios.

RBC Wealth Management hired Kirstin Turner and Rob Spawn as
complex directors in San Francisco, CA, and West
Palm Beach, FL,
respectively.

Turner joined RBC from Morgan Stanley Wealth Management,
where she led the Houston, TX, branch. In that position, she managed 40
financial advisors with $5 billion in assets under management.

At RBC, Turner will oversee some 60 financial advisors and
100 total employees serving clients in St Petersburg,
Tampa, West Palm Beach,
Naples, Fort Lauderdale
and Palm Beach Gardens.

Meanwhile, Spawn joined from UBS, where he built the Las Vegas market, lead the Nevada-Utah and Houston complexes, and,
most recently, was an associate complex director for Arizona/New Mexico.

Spawn will oversee approximately 70 financial advisors and
125 total employees serving clients in San Francisco,
San Jose, Fresno,
Monterey, El Dorado Hills, Walnut
Creek, Santa Rosa and Oakland.

DW Investment Management, the New York-headquartered credit
investment specialist, appointed Jennifer Drake as head of business
development.

DWIM, founded by David Warren and partners as a 2009
spin-out from Brevan Howard, is the investment manager for two Brevan Howard
credit hedge funds: the Credit Catalysts Fund and the Credit Value Fund.

With nearly two decades financial markets experience and a
focus on hedge funds, Drake will use her knowledge of proprietary trading of
credit and derivative instruments, as well as research, asset allocation and
portfolio management, when dealing with prospective and current funds
investors.

Drake also joined DWIM’s executive and risk committees.

Prior to joining DWIM, Drake was a managing director at
Goldman Sachs, where she focused on credit, event-driven and relative value
investments. Earlier in her career, she oversaw similar investments for Swiss
asset manager GAM and was head analyst and portfolio manager for Nomura Securities’
proprietary convertible bond portfolios in New York.

BNY Mellon Wealth Management promoted Dan Fasciano and hired
Michael Oliver as ultra high net worth family wealth advisors in Boston, MA,
and in the Tri-State region respectively.

Fasciano was promoted from team leader and senior portfolio
manager and continues to serve on the wealth management investment strategy
committee. Oliver joined from Lazard Wealth Management. Both report to Ridgway
Powell, managing director and family wealth advisor team leader.

Before re-joining BNY Mellon Wealth Management in 2010,
Fasciano served as treasury director for the State of Florida. Prior to that, he was head of US
fixed income for Aviva Investors, one of Europe’s
largest investment advisors. He was previously director of taxable fixed income
at Mellon Private Asset Management.

At Lazard Wealth Management, Oliver was a senior investment
analyst and member of the investment committee. Prior to that, he was with
Deloitte Investment Advisors and  US
Trust, Bank of America
Private Wealth Management.

Rothschild Capital Partners appointed John Pohlad to the
newly-created role of director of strategic development.

Pohlad will direct Rothschild's business development efforts
as it expands in Minneapolis,
which the firm said is one if its most important markets.

In his former position as co-founder and managing director
of Marquette Asset Management, Pohlad helped the firm grow from start-up to a
$1.1 billion wealth management firm.

Wilmington Trust hired Dan Driscoll as regional sales and
service manager for its wealth advisory division in Pennsylvania.

Based in Harrisburg, Driscoll
will manage the sales and service efforts of private client advisors across the
central, western and northern Pennsylvania
markets. He will work with M&T Bank regional presidents Michael Murchie and
Phil Johnson in their respective regions.

Investment management firm Brinker Capital promoted two
executives, while expanding the roles of two others.

William Simon, managing director of retirement plan and
investment services, was named executive vice president of sales and
distribution, while Leo Dolan, a principal and national sales director, assumes
the newly-created role of executive vice president of Brinker Family Wealth
Partners, effective December 1, 2013. The new Family Wealth Partners division
will provide outsourced chief investment officer services plus “companion”
services to wealthy families.

Simon will have primary oversight for Brinker Capital’s
national accounts and sales team, as well as for Brinker Investment Services
(for advisors looking to access investment products and support including
sales, marketing and education); Retirement Plan Services (for financial
advisors working with plan sponsors who offer 401K offerings to employees); and
Private Wealth (aimed at financial advisors whose clients have $2-$10 million).

Meanwhile, national accounts managing director Jean Lynch
will head Brinker Investment Services, while Jason Shevland, a regional director
overseeing operations in New England and upstate New York, will have an expanded role
representing the field sales team on the newly-formed Brinker Investment
Services Advisory Board. Both report to Simon.

Dolan will be supported by the high net worth team led by
Thomas Wilson, senior investment manager and managing director of institutional
investments.

Just 10 months after he took the post at Barclays in the
wake of the LIBOR-rigging scandal that rocked the world's financial markets,
Hector Sants, former chief of the old UK
financial regulator, has left due to stress and exhaustion, the UK-listed bank
- which has significant operations in the US – said.

Sants held the post of head of compliance and government and
regulatory relations at the bank. Previously, he had been the chief executive
of the Financial Services Authority, the former UK watchdog.

At the same time, chief operations and technology officer at
Barclays, Shaygan Kheradpir, resigned. Kheradpir left the bank to take on a
role as CEO for a company based in the US.

Janney Montgomery Scott, a wealth management and investment
banking firm, hired Douglas Velnoskey as senior vice president of wealth
management in Baltimore, MD.

Velnoskey, who oversees $190 million in client assets, is
joined by financial advisor Bryan Carney; senior registered private client
assistant Coleen Kramer Beal; and senior registered private client assistant
Brian Etzler. They operate as the Velnoskey Wealth Management Group of Janney.

With more than 26 years experience in the financial services
sector, Velnoskey was most recently with Morgan Stanley.

Kendall Cotten joined Merrill Lynch’s private banking and
investment group in Dallas,
TX. Cotten joined from Goldman
Sachs with $325,000,000 in assets under management and $1,857,500 in production.
Cotten was previously registered with Goldman Sachs in New York.

Citi Private Bank hired Rob Jasminski as managing director
and head of US equities for Citi Investment Management.

Jasminski is based in Stamford,
CT, and report to Stephanie
Luedke, chief executive of Citi Investment Management. Citi Investment
Management is Citi’s discretionary investment management organization, with
approximately $26 billion in global assets under management.

Prior to joining Citi, Jasminski spent 20 years at GE Asset
Management, one of the largest managers of institutional assets in the US. There, he
held a variety of research and portfolio management positions, covering core
and concentrated global equity strategies. Most recently, he was the assistant
director of research, leading a team of 30 global equity analysts.

RBC Wealth Management recruited the Emmerling Wealth
Management Group from UBS in Pittsburgh,
PA.

The Emmerling Wealth Management Group has approximately $300
million in assets under management and close to $2.2 million in combined
production.

The team is led by Frank Emmerling - senior vice president
and financial advisor - who has 28 years of industry experience. The team is
also comprised of Leslie Craven, associate vice president and financial
advisor; Frank B Emmerling, financial advisor; William Winkeler, senior
financial associate; and Mary Jane McCarrick, registered client associate.

Wilmington Trust, a subsidiary of M&T Bank, hired Vito
Iacovazzi as vice president of business development within the company’s global
capital markets division.

Based in New York,
Iacovazzi will market corporate trust services and restructuring-related
services to clients, according to a company statement. With over 30 years of
corporate trust experience, he most recently spent 16 years as a senior vice
president of business development within Wells Fargo’s corporate and
restructuring services group.

Philadelphia-headquartered Janney Montgomery Scott, a wealth
management and investment banking firm, hired John Goles as senior vice president
and manager of the Bel Air, MD, branch.

Goles oversees $175 million in client assets and is joined
by financial advisor Steven DeBoy, account executive Patrick Goles, and private
client assistant Carol Palitti, to form the Goles Investment Group of Janney.

Goles spent the last four years at RBC, having previously
worked for seven years at Ferris Baker Watts.

BMO Private Bank, a division of BMO Financial Group, added
Stephen Graham to its advisory board in Seattle.

Graham is currently the managing partner of Fenwick &
West and is co-chair of the firm’s national life sciences practice.

In addition to Graham, the other BMO Private Bank Seattle
regional advisory board members are Bill Sperling, Patricia Bostrom, Bill
McAleer, Sue Couper, Brad Harlow, Lee Huntsman, Eddie Pasatiempo, Bill
Weisfield, Kathy Wilcox and Betty Woods.

Sheffield Haworth, the global financial consultants and
executive search firm, intensified its focus on the wealth management sector in
the Americas
with the addition of Jane Swan as managing director.

Swan joined Sujan Melwani who transferred from Sheffield
Haworth's Hong Kong practice to New York
earlier this year; the firm said it will continue to strengthen its team in the
US.

Swan has extensive experience across the financial services
industry including in the areas of investment management, wealth management,
consumer and commercial banking, securities exchanges, insurance, investment
banking and private equity.

Most recently, she was a senior client partner within
Korn/Ferry’s global financial services practice, where she was a founding
member of the firm’s wealth management practice. Before that, she spent 13
years with Heidrick & Struggles as part of the global financial services
division, ultimately becoming co-head of the wealth management practice.

BNY Mellon Wealth Management hired Christopher Swink as
senior director for business development in Florida. Swink reports to regional director,
Ray Ifert, in Tampa.

Swink joined from SunTrust Private Wealth Management, where
he served as vice president and advisor to high net worth clients. Prior to
that, he was a relationship manager with Wachovia Wealth Management and has
worked as an advisor at Dean Witter and JP Morgan Investments.

Raymond James recruited Florida-based Private Wealth
Management at Heathrow, an independent firm, from LPL Financial.

The team includes financial advisors Patrick Buchanan,
Dominic Nori and Adam Goldstein. At LPL, they advised on some $310 million in
client assets for around 140 families.

Buchanan, president and director of advanced planning
strategies, oversees the firm’s development and application of client
strategies for income distribution, wealth transfer and risk management. He
began his financial services career in 1996 at American Express Financial
Advisors.

Nori, chief executive, has been in the industry for almost
30 years. In 1990, he started his own broker-dealer firm with offices in Manhattan, NY, and Mountain Lake, NJ.
He sold his interest in his firm 13 years ago and moved to Florida, where he founded Private Wealth
Management. 

Goldstein serves as chief operating officer and manages the
day-to-day operations of the firm. He is responsible for portfolio construction
and the ongoing maintenance of client investment allocations. He began his
career in financial services 17 years ago at American Express Financial
Advisors.

Lauren Wright, client relations manager, and Carolyn Cote,
operations manager, joined Buchanan, Nori and Goldstein at Raymond James. Both
worked with the team while at LPL.

Dynasty Financial Partners added Fusion Family Wealth, the
New York City- and Long Island-based investment management firm founded by
former UBS senior vice president Jonathan Blau, to its roster of advisory
firms.

Managing director Harvey Radler joined Blau from UBS at
Fusion Family Wealth, as well as: senior wealth advisors Jeffrey Blick and Joel
Bodner; and senior client service specialist James Cloudman.

Dynasty Financial Partners develops, sources and integrates
wealth management technology solutions for independent investment advisor
teams. In this case, the firm provided Fusion Family Wealth with an investment
platform which integrates research from Wilshire Associates and Callan
Associates, as well as Envestnet's portfolio tools and reporting technology.
Fidelity Institutional Wealth Services will provide clearing and custody
services.

In recent years, Blau has worked as a senior advisor at
Sanford C Bernstein & Co, Morgan Stanley and UBS. Meanwhile, Radler has
around 40 years of experience in the investment management space, having
started his career at Wertheim & Co/Schroders.

Blick, who works with clients on the tax and legal aspects
of their wealth management plans, began his career in the tax practice at
Arthur Anderson and in 1998 joined Merrill Lynch as in-house tax counsel. He
also spent six years at UBS from 2000, having previously worked at Morgan
Stanley.

Bodner works with clients on researching and managing
investment opportunities. He joined Fusion Family Wealth from UBS, where he has
worked since 2008. He began his career in investment management at Merrill
Lynch in 2002. Lastly, Cloudman previously worked as a financial advisor at UBS
Financial Services, having joined the firm in 2010.

Fusion Family Wealth has $900 million in assets and provides
investment management services to accounting and law firms, ultra high net
worth, family office and institutional clients. The firm specializes in
investment management, and 401k accounts for professional service firms.  

New York-listed Envestnet, a provider of wealth management
technology and services to financial advisors, appointed Zachary Karabell as
head of global strategy.

Karabell will help advisors understand how the global
economy affects client portfolios, as well as shape and communicate Envestnet’s
investment perspective and research to clients and the media. Additionally, he
will work with senior management on overall corporate strategy, branding and
market position.

Karabell was previously executive vice president, chief
economist and head of marketing at Fred Alger Management, a New York-based
investment firm managing approximately $19 billion in mutual funds and
institutional accounts.

New York-listed Prudential Financial appointed Douglas
Scovanner as an independent director. Scovanner will also serve as a member of the
board’s audit committee.

Scovanner is currently the managing member of Comprehensive
Financial Strategies, a firm which provides advisory services, primarily to the
retail industry.

Previously, Scovanner was executive vice president and chief
financial officer of Target Corporation until March 2012. Prior to joining
Target, he was a senior vice president of finance at The Fleming Companies, and
vice president and treasurer at Coca-Cola Enterprises.

Chicago’s
HighTower added Melville, NY-based Klein Wealth Management, which oversees $210
million in assets, to its partnership of advisory firms.

The team is led by Peter Klein, who joins HighTower as a
partner and managing director. Jane Voorhees is director of client service.

Klein Wealth Management works with high net worth
individuals and families, corporations and private foundations on their
philanthropic goals.

Frankfurt-headquartered Deutsche Bank appointed Kim Hammonds
as chief information officer and global co-head of group technology and operations.

Hammonds, who will assume the role on November 25, will take
over from Anthony McCarthy who has decided to pursue other career opportunities.

Previously, Hammonds
served as chief information officer at Boeing. She will be based in London and report to Henry
Ritchotte, Deutsche Bank’s chief operating officer.

UBS Private Wealth Management recruited advisor Scott
Harries - with $500,000,000 in assets under management - from Merrill Lynch in Los Angeles, CA.

Harries joined with analysts Jared Tiller and Thomas Funk,
and client service associate Aimee Harries.

Scott has been at Merrill Lynch within the firm's private
bank and investment group since 2000 and prior to that spent over a decade at Goldman
Sachs’ private client services division. 

JP Morgan Private Bank appointed Marry Ellen Rodgers as
executive director and private banker in Nashville,
TN.

Rodgers will provide investing, wealth transfer, credit and
philanthropic services to high net worth clients. She will report to Zach
Gates, Tennessee
market manager.

For the past 12 years, Rodgers has served as a client
advisor at US Trust/Bank of America.

Wilmington Trust hired John Shea as a senior private client
advisor for its wealth advisory team in Binghamton,
NY.

Shea will provide wealth management advice to high net worth
individuals, families, entrepreneurs, business owners, foundations and
endowments.

Shea has over 20 years of experience as a financial
professional, having most recently worked for BNY Mellon’s asset servicing business
in Massachusetts.
Before that, he held positions as a client relationship manager for ITS
Associates in Wellesley, MA;
an auditor and portfolio accountant with State Street Bank; and a mutual fund
accountant with SEI in Wayne,
PA.

Florida-headquartered Legacy Trust Family Wealth Offices, a
boutique wealth management firm, appointed Marty Flack as director and relationship
manager.

With specialties including investments and estate planning
services, Flack has previously worked at Wells Fargo, Barnett Bank, and First
Union.

US Bank Wealth Management appointed Brett Sorensen as vice
president and private banking relationship manager for The Private Client Reserve
in Minneapolis, MN. 

Sorensen has more than 12 years of financial service
experience, having most recently served as a commercial banking relationship
manager with US Bank’s Commercial Banking Group.

Prior to joining US Bank, Sorensen held investment banking
and commercial banking positions in the Twin Cities.

Birmingham, AL-based Sterne, Agee & Leach, a
privately-owned investment banking and brokerage firm, bolstered its fixed
income division with seven hires.

The new group includes Katya Baron, David Jacob, Brendan
Keane, Mike Krull, Dariush Pouraghabagher, John Rozario and John Woodruff. They
will work across the firm's CMBS trading, RMBS trading and Structured Finance
Solutions groups.

Jacob and Krull joined as co-heads of CMBS trading in the
structured products group. They are based in New York City and report to Adam Robison,
co-head of structured products.

Meanwhile, Pouraghabagher was named as managing director and
head of residential mortgage credit trading in the structured products group.
Likewise, Woodruff joined as vice president in the structured products group.
Both are based in New York City
and also report to Robison.

Finally, Keane, Baron and Rozario were added as the
newly-created structured finance solutions group. Lead by Keane, the group’s
purpose will be to generate business from structured finance-related sources.
The new team is based in New York City
and reports to Bill Fedyna, co-head of structured products.

Northern Trust brought in Arti Sharma from Mercer to lead
its operations in Canada,
based in Toronto.

As a principal and head of business development at Mercer,
Sharma was responsible for the growth and development of the custody practice.

Prior to that, she was senior vice president at Thomas
Murray North America, before which she worked at CIBC Mellon in executive
management and sales positions.

BNY Mellon Wealth Management made two senior business
development hires in Westport, CT,
and the southern Connecticut market, and Pittsburgh, PA.

Jason Mudd was named a senior director of business
development in Westport and the Southern
Connecticut market, while Scott Cox joined as a managing director for business
development in Pittsburgh.

Mudd was formerly a private banker and sales executive at JP
Morgan Private Bank in Greenwich, CT, before which he worked as a wealth management advisor
and partner for Pagnato Karp Group, the private banking team at Merrill
Lynch/Bank of America in Washington, DC.

Cox leads a team of six directors in Pittsburgh
and coordinates all business development activity in Western
Pennsylvania.

Cox joined BNY Mellon from Merrill Lynch, where he spent
almost 20 years - most recently as director of the firm’s practice management
consulting group in Akron, OH. During his stint there, Cox coached
financial advisors in business development and practice management skills. He
was also a director in Southern New Jersey and, most recently Akron, where he led a group of offices with
$70 million in revenue and 113 financial advisors. 

Mudd reports to Jim Fagan, managing director for business
development in Westport.
Cox reports to regional president Andy Paterson and Garrett Alton, managing
director and regional sales manager.

Carey Olsen, the offshore law firm, added Sophia Harrison as
an associate with the Cayman Islands-based litigation and dispute resolution
group.

Harrison specializes in
commercial, banking and finance litigation, and restructuring and insolvency.
In her new role, she will represent both international and domestic clients
with corporate and commercial disputes.

Harrison returned to Carey Olsen having originally joined in
March 2010 as a legal assistant within the firm's litigation and dispute
resolution group in Guernsey. She left the
firm earlier this year.

Before joining Carey Olsen she practiced at Salans in the
firm's insolvency and asset-based financing group, and also worked in the
banking and finance litigation team at Lovells.

BNY Mellon announced a significant move in the EMEA region,
saying that Giambattista Atzeni has been appointed to a newly created role as
senior director for business development with BNY Mellon Wealth Management.

Atzeni most recently served as a senior relationship manager
for the company’s corporate trust business in the Middle East and Africa region. He reports to managing director Douglas
Schaenen and continues to be based in Dubai,
United Arab Emirates,
BNY Mellon.

As senior director serving MEA and Turkey, Atzeni is responsible for
managing client relationships, business development and strategy in one of the
world’s fastest-growing wealth markets.

Prior to joining BNY Mellon in 2006, Atzeni lived in Dublin, Ireland,
where he worked in the investment funds and capital market industry at the
Irish Stock Exchange and at BISYS Fund Services.

Atzeni is chairman of the Steering Committee of the Gulf
Bond & Sukuk Association (GBSA) and is a regular speaker at Middle East conferences and industry events.

Carlyle hired Kewsong Lee as deputy chief investment officer for corporate
private equity – a newly-created role at the firm.

Lee joined from Warburg Pincus, where he was managing director and a member
of the executive management group.

Lee will officially join the firm in late December and will be based in New York and Washington,
DC.

As deputy CIO, Lee will assist Carlyle co-chief executive and CIO, William
Conway, with activities related to investing and managing the firm’s corporate
private equity platform, which consists of 11 buyout and growth capital funds
totaling $58 billion in AuM.

Lee will also join the firm’s management and operating committees, while
helping with corporate development for the firm.

CTPartners, the global executive search firm, appointed
Thomas Moran as a vice chairman within its global financial services practice.

Based in Chicago,
IL, Moran will also serve as a
member of the firm's insurance/asset and wealth management, and CEO and board
practices.

Moran has over 20 years of executive search experience
placing CEOs, CFOs, COOs, CMOs, board members and leaders of
insurance/diversified financial services companies globally. He has worked
across North America, Asia, EMEA and Latin America.

Moran joined from a search firm where he co-led the North
American financial services practice and was also the managing partner of the
insurance practice.

Phoenix, AZ-headquartered SureVest, an independent
registered investment advisory firm, appointed Clay Darland as chief technology
officer.

Darland will assist in the development of the company's
intranet and client portal. He will also be responsible for providing
equipment, software, tuition and data security to advisors.

With over 15 years of technology-related experience,
Darland's most recent role was as a lead network engineer and developer for a
Phoenix-based technology services firm.

Coral Gables, FL-headquartered Gibraltar Private Bank &
Trust named Angel Medina as the company’s new president, reporting to chairman
and chief executive, Adolfo Henriques.

Because of his private banking experience, Medina will lead the delivery of loan and
deposit products to both individuals and businesses. He joined Gibraltar
Private in 2011 as executive vice president to manage credit quality. He will
now be responsible for all markets that Gibraltar serves: South Florida, Ocean
Reef, Naples and New York City.

Prior to Gibraltar, Medina
was area president of Regions Bank as well as CFO of Adrian Homes. He also held
various leadership roles with Barnett Bank (now part of Bank of America).

Richmond, VA-headquartered RiverFront Investment hired Jim
Martin as its mid-Atlantic regional director.

Martin, with a 20-year career in the financial services
business, was previously a regional manager for Eagle Asset Management for 12
years. He has also served as a regional sales manager for Mentor Investment
Group, Lord Abbett and Evergreen.

Additionally, Stuart Porterfield, the current national sales
manager, now assumes the additional responsibility of national accounts. As
this publication reported earlier this year, these appointments follow the
hiring of Brad Wear as director of the western region.

Birmingham, AL-based Sterne, Agee & Leach, a
privately-owned investment banking and brokerage firm, expanded its fixed
income division with the addition of Dan Ladley, Ron Pimental and Alan
Stentiford.

Ladley, Pimental and Stentiford joined Sterne Agee as a part
of the firm’s execution solutions team in New York. They will provide clients with
liquidity and global execution services, with a focus on serving transition
brokers, private clients, middle-market and clearing clients. 

Pimental joined from JP Morgan with over 25 years of global
fixed income sales and trading experience. At JP Morgan, he served as head of
fixed income in trading service, which was part of their treasury and security
service business. He joined JP Morgan in 2008 after the purchase of Bear
Stearns.

Ladley also joined Sterne Agee from JP Morgan, where he was
part of the fixed income sales and trading group focused on Transition, ETF and
broker-dealer clients. He joined JP Morgan after the purchase of Bear Stearns.

Stentiford has over 25 years of fixed income sales and
trading experience and joined Sterne from JP Morgan (Bear Stearns), where he
spent eight years focused on trading and developing analytics for transition
trading and ETFs.

UBS Wealth Management Americas promoted David Bienstock to
head of product for equity plan advisory services.

Bienstock, with over 10 years of experience at UBS in
product development and project management, will now take charge of the equity
plan technology platform.

Thierry Vo also joined the firm as a director in product
management to drive strategic product initiatives. Vo will report to Bienstock.

Vo has over 10 years of equity plan experience, having
previously worked at E*TRADE, Merrill Lynch and, most recently, Equity
Administration Solutions.

Matthew Peron was named managing director of global equity
at Northern Trust Asset Management - a newly-created role that brings together
active and index equity teams.

Peron joined Northern Trust in 2005 and was formerly a
managing director of active equity; he has also served as a senior portfolio
manager and director of equity research. Prior to Northern Trust, Peron held
senior risk management and quantitative analyst roles at Alliance Capital, Bank
One and Lincoln Capital Management.

Meanwhile, Northern Trust AM also said that Nick Dymond, who
managed the firm’s international equity index portfolio management team
in London, now has an expanded role leading Northern Trust’s
portfolio management teams in Chicago, IL, Hong Kong and Tokyo.
Reeder, a 20-year veteran of Northern Trust, will continue to direct US
equity
index strategies.

Evercore Wealth Management appointed Tom Trenchard as vice
president and financial advisor, based in New York.

Before joining Evercore, Trenchard was a lead advisor at US
Trust in the firm's local business development department.

Asia-Pacific

Sydney investment manager Select Investment Partners announced the
appointment of Matt Olsen as head of research effective 12 November
2013. Olsen, previously the deputy chief investment officer and head of
manager research at van Eyk, had worked as a senior investment analyst
at Colonial First State, LFG Holdings and Ausbil Dexia.

David Foster, chief executive of Suncorp Bank, left in 9 December
2013 after 10 years with the company, according to a statement posted on
the Australian Stock Exchange website. Foster was replaced by John
Nesbitt, the chief financial officer whose old post was assumed by Steve
Johnston, deputy CFO. Foster will stay on in an advisory capacity
during a transition period.

Standard Life Investments, the global asset manager, hired Matthew
Newham as an investment director for its Australian business. Newham is
now based in Sydney and is responsible for developing Standard Life
Investments’ wholesale business across Australia and New Zealand. He
joined from JANA Investment Advisers, where he was responsible for
business development, marketing and communications functions for almost
seven years.

Sunsuper, the Australian superannuation fund, named Scott Hartley as
its new chief executive effective 28 January 2014. Sunsuper is one of
the country's largest super funds, recording A$25 billion in funds under
management and around a million members. Prior to the appointment,
Hartley was executive general manager for corporate and institutional
wealth at National Australia Bank.

Colonial First State Global Asset Management appointed a senior
analyst for its Australian equities team. Wim Steemers, based in Sydney,
assumed the coverage of the large-cap financials sectors and is an
active contributor to stock selection in all Australian equities. He
took up his new role in 18 November 2013.

The SILC Group, the Australian boutique financial products firm,
added a new member to its advisory board. Ben Cohen brings extensive
board and senior executive experience in financial services, covering
mergers and acquisitions, corporate finance, banking, IT and accounting
and manufacturing. He also previously served as director of finance and
administration at Potter Warburg, director at Elders Finance and group
financial controller at ICI Australia.

BetaShares, the Sydney-headquartered exchange traded funds provider,
strengthened its advisor business with the appointment of Lyndall James
to the newly-created role of director of advisor services. James brings
over two decades of financial services experience to the firm, having
worked senior distribution roles at van Eyk, OnePath and MLC.

The Actuaries Institute, the professional body for actuaries in
Australia, named David Bell as its new chief executive effective January
2014 to succeed Melinda Howes who left in early November after four
years in the role. Bell brings over 20 years of experience in management
and public advocacy with organisations including the Australian
Bankers' Association, Telstra, NRMA and Westpac.

China

Cushman & Wakefield, the privately-held commercial real estate
services company, appointed Jonathan Davis as managing director, Eastern
China. He is now based in the firm’s Shanghai office, concentrating on
the business in the city and eastern China. Davis is a UK native with a
12-year track record in the Greater China real estate industry.

Hong Kong

China Private Equity Investments, the Hong Kong-based private equity
investment holding group, named Conor MacNamara to a non-executive
directorial seat on its board. MacNamara brings considerable experience
to the role, having spent most of his career in the Japanese and Asian
markets, holding senior roles at ABN AMRO / RBS Global Banking, Gen Re
Securities and RBC Dominion Securities.

Standard Chartered, the UK banking giant, enhanced its Renminbi
trading capabilities with the establishment of a new global RMB trading
team in financial markets. Led by Charles Feng, global head of RMB
trading and regional head of FX, rates and credit trading in North East
Asia, the team comprises traders across key markets in Hong Kong,
Shanghai, Taiwan, London and New York, with additional support from
teams in other locations.

Acuma, the UAE-based wealth management firm, announced plans to open
an office in Hong Kong by the end of November 2013. In a statement,
company owner Nigel Green said that the expansion into Asia will
initially focus on the Hong Kong office, but the firm has "far-reaching
strategic plans" that involve highly-regulated areas in the Asia-Pacific
region. The new branch is led by director Simon Davies, who joined from
Hong Kong-based Richmond Asset Management, where he served as chief
executive and director, in addition to managing private clients.

The Nan Fung Group, the Hong Kong-based conglomerate with interests
in property markets and financial investments, appointed Blackstone's
Greater China chairman as its new group chief executive. Antony Leung
assumes his new post in February 2014.

Credit Suisse, the Swiss banking giant, announced the appointment of
Jason Yeung joined the firm as managing director and senior client
partner for Greater China. Based in Hong Kong, his focus would be to
enhance the bank's ultra-high net worth client capabilities. He reports
to Tee Fong Seng, vice chairman and market area head of Greater China
for the Asia-Pacific private banking arm.

Manulife Asset Management strengthened its institutional business
network by adding a European sales capability and expanding its Asia
executive's role. James Chen, currently head of institutional business
and relationship management in Asia, took on an expanded post as head of
institutional business and relationship management, international.

First Asia Holdings, the Hong Kong-based real estate developer with a
focus on mid and high-end property, appointed an industry veteran to be
its associate director. Dato Eddy Kok Seng Yeap brings 15 years of
financial services experience to the role and had been part of the
marketing team for General Eastern Life Assurance, Prudential Assurance
and Pacific Unit Trust.

Japan

Bank of America Merrill Lynch named a new head for its equities
trading division in Japan. In a memo seen by WealthBriefingAsia, Eugene
Iwami, head of Japanese equities trading, will have the sole
responsibility for the division, which previously had a co-head
structure. Iwami replaced Paddy Hogan, who moved to New York to take
care of the US arm of BoA Merrill's Japan business. In addition,
Hiroyuki Kaneda was named to the newly-created role of vice chairman of
Japan equities. Both Iwami and Kaneda report to Olivier Thiriet, head of
Asia-Pacific equities, and Jiro Seguchi, country executive for Japan.

BNY Mellon opened a new capital markets business in Tokyo, which
falls under the The Bank of New York Mellon Securities Company Japan.
The unit is managed by a nine-member team of broker-dealer and capital
markets specialists led by Eiichiro Masaki as head of Japan capital
markets sales. Masaki, previously the head of non-yen fixed income flow
sales at Societe Generale, reports to Kazuma Yamashita, head of Japan
global markets sales.

Swiss private banking firm Lombard Odier appointed a former senior
Societe Generale private bank executive as a new managing director for
Japan. On 20 November 2013, Keiichi Hirano assumed the role of managing
director for Japan. The firm dubbed Hirano as "one of the pioneers" of
SocGen's private banking business in the country. He has held various
senior roles in Tokyo and Singapore, where he was global head of
Japanese private banking clients and global head of real estate. He
succeeds Norbert Joué as president and representative director on 16
December, subject to the board's decision on 13 December. Joué will move
to a broader regional role in Asia but will be working closely with
Hirano to ensure a smooth transition.

Singapore

Swiss-headquartered Vontobel appointed Fredy Flury as head of financial
products Singapore as at 1st December 2013, in addition to being the new
the CEO of Vontobel Financial Products (Asia Pacific). Vontobel
Financial Products has had a presence in Singapore since 2012 handling
market development in the Asia/Pacific region.

The Monetary Authority of Singapore, the city-state's financial
regulatory body, awarded a capital markets licence to BNY Mellon for its
new fund management services subsidiary. The new unit is led by Wendy
Lim as chief executive. Lim was Lim was previously the managing director
and regional head of business development and marketing for BNY Mellon
Investment Management Asia-Pacific. She reports to Alan Harden, CEO, and
retains her regional responsibilities.

Temasek Holdings, the Government of Singapore-owned investment
company owning stakes in banks such as DBS Group, Standard Chartered and
ICBC, named Cheng Wai Keung as its new deputy chairman. Cheng, chairman
and managing director of Wing Tai Holdings, assumed his new role on the
board in 4 November 2013 after serving as non-executive director since
15 September 2011.

Cushman & Wakefield appointed a new executive director for its
office in Singapore. Shaun Poh assumed the role of executive director,
heading up with the national capital markets and investment team in the
city-state. Poh left DTZ after 22 years, most recently serving as head
of the investment advisory services team.

ING Investment Management International, part of
Netherlands-headquartered ING, appointed Marcin Adamczyk and Alia Yousuf
as senior portfolio managers for emerging market debt local currency.
With both reporting to Marcelo Assalin, lead portfolio manager for
emerging market debt local currencies based in Atlanta, Adamczyk is now
based in The Hague and Yousuf in Singapore.