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New Chief Investment Officer Named At Wells Fargo Private Bank

Eliane Chavagnon

16 December 2014

Erik Davidson has been appointed as chief investment officer of Wells Fargo Private Bank, taking over the reins from Dean Junkans, who is retiring at the end of the year.

As CIO - based in San Francisco, CA - Davidson will oversee the private bank’s global equity, fixed income portfolio management and research, alternative investments, guided portfolios, investment products, investment tools and investment analytics.

Alongside the firm's regional leaders, he will also jointly oversee the regional chief investment officers as well as investment and fiduciary senior directors.

Davidson has worked at Wells Fargo Private Bank for ten years in a number of investment leadership positions - at both the regional and national level. Specific roles he has held include deputy chief investment officer, managing director of investments, senior director of investments and regional investment manager.

Prior to joining Wells Fargo, Davidson was president and co-chief executive of a separately-managed account outsourcing company. He was also previously a managing director at Franklin Templeton Investments and has held several fixed income positions at Credit Suisse First Boston, including spending many years in Asia. 

Wells Fargo Private Bank - which, according to Barron's, is the fourth largest wealth management provider in the US - serves clients across North America and internationally. It has over $190 billion in assets under management as of end-September.