Who's Moving Where In Wealth Management? - Glenmede, RBC Wealth Management, Wilmington Trust, Others

Editorial Staff

16 November 2017

Glenmede
Glenmede, a privately held and independently owned investment and wealth management firm, has appointed Richard Miller as vice president and wealth advisor.

He is responsible for the delivery of wealth management advice, administration and solutions, including fiduciary, legacy and charitable planning. Miller will be based in Washington DC and will report to Michael Hickey, regional director of Glenmede's Washington, DC office.

Miller joins Glenmede from the Northern Trust Company, where he served as vice president and senior relationship manager for more than 10 years.

RBC Wealth Management
RBC Wealth Management has appointed the Ballantyne – Quiri Investment Group to its Tucson office, continuing its mass recuitment policy in the US.

The Ballantyne – Quiri Investment Group is comprised of Joe Ballantyne, senior vice president and financial advisor, who joins with 38 years of industry experience, Stacy Quiri, associate vice president and financial advisor, who has 10 years of experience, and they are joined by client associate Mark Marecek.

The team manages approximately $200 million in assets under administration and joins from Wells Fargo Advisors.

Wilmington Trust
Wealth manager Wilmington Trust has expanded its wealth advisory team in offices across the US. Charlotte Philips has joined the Baltimore office as team leader of private banking for the Mid-Atlantic region.

The firm also appointed Ilyssa Clay as senior private banker, Iffy Akwule as investment associate, Lauren Wallace as investment advisor, and Lydia Wolf as senior private client advisor to its Washington, DC office.

Philips will oversee the delivery of custom credit and banking solutions to Wilmington Trust’s wealth clients throughout the region. She also will coordinate a range of services in partnership with wealth advisory teams including investment management, planning, trust, and family office support. Philips joins Wilmington Trust from US.Trust, where she was senior vice president and private client manager for over a decade.

Clay will provide strategic advice, personalized service, and tailored credit and banking solutions to wealth management clients through M&T Bank. Prior to joining Wilmington Trust, Clay was a senior banking advisor at PNC Bank for 10 years, where she worked with high net worth families.

Wallace will be responsible for developing investment portfolios for high net worth clients based on their financial objectives. Prior to joining Wilmington Trust, Wallace held various financial analyst roles at JPMorgan Chase in its private and investment banks.

Wolf will provide wealth management advice to high net worth clients including families, entrepreneurs, business owners, and foundations and endowments. Prior to joining Wilmington Trust, she was a senior private banker and advisor at Wells Fargo.

Akwule will work with investment advisors, analyze portfolios, prepare materials for client meetings, and support the portfolio management process. Prior to joining Wilmington Trust, she worked at Moody’s Investors Service as an associate analyst in the structured finance ratings group.

First Midwest Bancorp
First Midwest Bancorp, the parent company of First Midwest Bank, which has both wealth management and private banking operations, has appointed president and chief executive Michael Scudder as chairman of its board, and also appointed Stephen Vanderwoude as lead independent director.

These appointments became effective on November 14, following the decision by Robert O'Meara to retire as board chairman. O'Meara, who will continue to serve as a director, has been named chairman emeritus.