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North America Wealth Management People Moves: September 2013

Eliane Chavagnon

4 October 2013

BMO Global Asset Management added Christopher Keenan as senior securities lender/trader and Katherine DellaMaria as portfolio manager to its securities lending and short duration fixed income groups. Both are based in the Canadian firm’s Chicago, IL, office.

Raymond James hired Kevin Monaco to lead the establishment and expansion of new branches in San Diego and the surrounding areas. The firm now has a presence in ten California locations.

Monaco was latterly an executive director and business development manager for Morgan Stanley Wealth Management in Los Angeles, CA.

BNY Mellon Investment Management brought in Paul Nobile from Eaton Vance as chief marketing officer, based in New York.

BNY Mellon told this publication that this is a newly-expanded leadership role in which Nobile will head all marketing activities globally. He will also serve in a consulting capacity to the firm's wealth management business globally.

Nobile will report to PeterPaul Pardi, global head of distribution, and R Jeep Bryant, executive vice president for marketing and corporate affairs.

Capital Guardian, a boutique wealth management firm, recruited 15-year Pershing veteran, Larry Gratch, as president and chief operating officer.

Gratch does not replace anyone in either of the roles as they are newly-created.

Gratch spent 15 years with Pershing, a wholly-owned subsidiary of the BNY Mellon, responsible for broker-dealer sales and relationship management in the Southeastern US.

Emerging Global Advisors named Edward Kerschner as vice chairman of the firm.

Kerschner will be responsible for helping wealth managers understand and identify developing market investment opportunities.

In a move to expand the firm’s East Coast presence, TD Wealth Private Client Group, the wealth management unit of TD Bank, made three senior appointments within its investment management business.

Kraig Brunelle, William Garlow and David Murphy were appointed to key roles in the firm’s investment offering. The investment unit provides solutions including professional portfolio management, portfolio guidance and brokerage services.

Leading the unit's East Coast expansion, Brunelle was named senior vice president, head of products and services, US. He has more than 15 years of experience, having recently worked at UBS as executive director of the global family office in the Americas and previously heading up product development and strategic planning for UBS Wealth Management.

Garlow was named senior vice president and regional director of investments, serving the Metro New York, Pennsylvania, New Jersey, Metro DC, Carolinas, and Florida regions. Prior to joining TD Wealth, he served as group vice president and regional manager for Wilmington Trust in Baltimore, MD.

Murphy was promoted to senior vice president and regional director of investments, leading a market-based team in the New England region. Murphy has been with the firm for more than 13 years, most recently serving as a TD Wealth district manager.

US Bank Wealth Management added Ryan Lange as a portfolio manager in Sioux Falls, SD.

Lange will develop and implement investment portfolios for high net worth individuals and institutions.

Lange previously held investment management and equity research positions at Wells Fargo and, most recently, at Northern Trust.

First Republic Bank, a San Francisco, CA-headquartered private bank and wealth management company, made Shiva Sattar regional managing director for San Diego and Orange counties.

Sattar will be based in First Republic's offices in Newport Beach and in San Diego, where she will manage the firm’s private banking and wealth management services to high net worth individuals, foundations and endowments.

Sattar was most recently a wealth management regional director for Union Bank in Los Angeles, and a private banking regional director for Wells Fargo/Wachovia in Orange County, San Diego and Los Angeles, CA.

Dynasty Financial Partners hired Tom Petrone as director of capital markets, based in New York City.

Petrone was appointed to the Dynasty Financial Partners Investment Committee and will report to the firm’s chairman and chief investment officer, Todd Thomson.

Petrone will lead a number of initiatives to expand the firm’s capital markets platform. This will include trading securities, structuring derivatives, and designing hedging and monetization strategies on restricted securities and originating structured notes. He will also build a community of syndicate providers and an investment banker referral network.

Petrone most recently served as head of capital markets for Citi Private Bank in North America, responsible for the securities and transactional business across all asset classes.

UBS Wealth Management Americas hired Karen Damaso in a role that will support new business development initiatives in the equity compensation services division.

Based in New Jersey, Damaso will focus on driving corporate client sales with key prospects in collaboration with financial advisors. She will report to Michael Barry, head of the business.

Damaso joined UBS with more than 16 years of corporate sales experience and seven years of corporate equity compensation experience, having worked as director of sales at Equity Methods and Bank of America Merrill Lynch respectively.

The brokerage firm Sitfel, Nicolaus & Co hired Julie Gampp as vice president of investments, based in Frontenac, MO.

Gampp joined from US Bancorp and started her investment career with Mark Twain Brokerage in 1996. She remained with the latter firm through its mergers with Mercantile Bancorporation, Firstar Corporation and, ultimately, US Bancorp.

Bel Air Investment Advisors, a Los Angeles, CA-headquartered wealth management advisor, hired Michael Ginestro as head of research and Barry HoAire as portfolio manager within its fixed income group.

The firm said that the hires will bolster its existing capabilities and meet the growing fixed income needs from its client base of high net worth individuals, families, trusts and foundations across North America.

Ginestro has nearly 20 years fixed income experience having served as vice president and senior municipal credit analyst within Wells Fargo’s wealth management group. Prior to this, he was a municipal research analyst at Charles Schwab Investment Management, and held similar leadership roles at Highmark Capital Management and Morgan Stanley.

Before joining Bel Air, HoAire was a senior portfolio manager in New York for Western Asset Management, responsible for the management of over $5 billion in municipal assets across national and state specific strategies.

Barclays’ wealth and investment business appointed Peter Horrell as its chief executive, having held the role on an interim basis since May 1 this year.

Horrell reports to Antony Jenkins, CEO for the entire UK-listed banking group.

RBC Wealth Management added The DiChiaro-Bourgault Group to its Providence, RI, office, according to Daniel Kennedy, Providence branch director.

The DiChiaro-Bourgault Group joined from JP Morgan Securities and has some $192 million in assets under management and $1.9 million in total production.

The team is comprised of financial advisors Richard DiChiaro and Bob Bourgault, and Sarah Paiva, a registered client associate.

Ziegler, a Chicago-headquartered investment bank and brokerage firm, hired Kenneth R. Koger as a financial advisor.

Koger has more than 13 years of advisory experience, working with clients to identify and achieve financial goals through investments and tailored advice.

Working from Ziegler’s Chicago office, Koger’s hire is part of the firm’s on-going growth strategy for the Chicago market.

The Philadelphia-headquartered wealth manager Glenmede hired David Plotts as director of financial planning.

Plotts will assist clients and their advisors to develop, implement and monitor estate and financial planning services.

Plotts has nearly two decades of experience in financial services, joining Glenmede from Hawthorn PNC Family Wealth, where he was a senior vice president and market director of wealth strategy, handling wealth transfer and estate planning strategies for families. Previously, he served as a tax director at PricewaterhouseCoopers, advising on estate plans for high net worth individuals and families and providing comprehensive financial planning for business executives.

Michael Marchassalla, who is the managing director and complex manager for some of Morgan Stanley Wealth Management’s most profitable offices in New York, left after spending more than 20 years at the firm.

Another executive, John Algeri, who was a service manager at one of the offices managed by Marchassalla and had been with the company for 18 years, also left Morgan Stanley Wealth Management.

Marchassalla's duties will be divided up between two other complex managers. Morgan Stanley said the departures are not part of broader changes.

Marchassalla, a veteran Smith Barney broker, joined Morgan Stanley when it began absorbing Smith Barney in 2009.

Strategic Wealth Partners, a Chicago-based independent wealth management firm, added Scott Smith to its team of investment advisors.

In his new role, Smith will focus on planning and advisory services for the firm’s high net worth individuals, families and institutional clients, including 401 and other retirement plans.

He joined Strategic Wealth Partners from Accretive Solutions, a professional services and executive search firm specializing in accounting, finance, internal audit and corporate tax. Smith also has experience in private equity consulting, tax consulting and various professional financial services, having previously served as a CPA and audit partner at Arthur Andersen.

Deutsche Asset & Wealth Management hired a team of three client advisors in Houston, TX, to broaden its distribution of wealth planning advice and investment solutions to wealthy individuals and families.

All three client advisors joined the firm from Bank of America Merrill Lynch, where they managed over $1 billion in total assets.

Michael Dawson joined as a director and client advisor. Prior to Merrill Lynch, Dawson spent over 30 years advising ultra high net worth individuals in the private client group at Goldman Sachs.

Stephan Farber was appointed as director and client advisor at Deutsche Asset & Wealth Management. Prior to Merrill Lynch, he spent five years at UBS as a vice president in the private wealth management division.

Stephen Cordill joined as a vice president and client advisor. Previously, he was president of Sanders Morris Harris Asset & Wealth Management and managing director and head of asset management for Oppenheimer & Co.

The three men report to John McCauley, managing director and Houston regional executive for Deutsche Bank Wealth Management, Americas.

BNY Mellon Wealth Management has hired Robert Pick as senior director for BNY Mellon Wealth Management in Palm Beach Gardens, FL, as part of the firm’s two-year plan to boost its sales force by 50 per cent.

Pick joined the firm in mid-July and reports to Tim Goering, managing director for business development in Florida. Prior to this latest move, he was the founder and managing director of the Alternative Capital Group in Panama City, Panama, BNY Mellon said in a statement. 

Snowden Capital Advisors, the New York City-headquartered wealth advisor firm, brought on board the Guth-Fordyce Team from Merrill Lynch, which is also opening a new Snowden office in New Haven, CT. The team manages around $500 million of client money.

The team includes managing directors and private wealth advisors Kevin Guth and Stephen Fordyce, who have become Snowden partners, and Jeremy Soboleski, private wealth advisor.

BNY Mellon appointed Eric Matheson as senior director of business development for BNY Mellon Wealth Management serving the ultra high net worth market in the New York Tri-State region. It also made a senior appointment in Denver, CO.

Matheson started with the firm in early July and reports to Katia Friend, managing director for the Tri-State region. Prior to joining BNY Mellon, he was a financial advisor and partner on a team managing more than $1 billion in assets at Raymond James.

Previously, he served as a vice president and financial advisor for Bernstein Global Wealth Management, and as a fixed income specialist Offitbank, working with ultra-high net worth individuals and their family offices, businesses and personal trusts.

The firm also hired Tracy McCarthy to lead its Denver office as regional president. She will report to David Emmes, president of US Markets West. In this role, McCarthy will be responsible for managing and expanding the firm’s presence in Colorado.

Washington DC-headquartered wealth management firm Wilmington Trust opened a new Wealth advisory office and team in Albany, NY.

The office comprises a new wealth advisory team in the Albany market, including Sandra Plowinske, Elizabeth Squires, and Heather Ford.

Plowinske is a senior private client advisor, specializing in developing strategies for the creation, protection, and efficient distribution of wealth for families. Plowinske will provide solutions in investment management, fiduciary services, philanthropic, private banking, and family office services.

Prior to joining Wilmington Trust, Plowinske was a wealth advisor with Key Investment Services. In 2004, she served as president and executive financial advisor at Atlantic Private Wealth Management in East Greenbush, NY. Earlier in her career, she was vice president in the private clients group at Bank of America, as well as a wealth advisor with Morgan Stanley.

Squires is responsible for estate and trust administration matters, serving a range of clients, including individuals and their families, and institutions and foundations. Prior to joining Wilmington Trust, Squires was a senior trust officer at Key Private Bank.

Ford joined the Wilmington Trust Albany team as a private banker. Prior to joining Wilmington Trust, Ford served at KeyBank as a business banking relationship manager. Before that, she was director of business development with the Schenectady Economic Development Corporation.

The Manhattan-based financial planning firm, KBK Wealth Management, launched an aggressive campaign to attract financial advisors for an upcoming expansion. 

The firm is looking to expand and hire a string of financial advisors over the coming months.

First Republic Bank, the San Francisco-headquartered private bank and wealth management company, hired James Meany as a regional managing director.

Meany will be based in the bank's Palm Beach office and oversee First Republic's banking and wealth management operations in the region.

Prior to joining First Republic, Meany was president of Sabadell Bank & Trust, Palm Beach, where he was a member of the bank's investment, trust and fiduciary committees. He previously helped found Island National Bank & Trust in Palm Beach and following its sale to Wachovia Bank, Meany was named managing director of OffitBank, a Wachovia company.

Manhattan, NY-based Geller & Company recruited Joe Calabrese from Harris myCFO as chief executive of Geller Family Office Services, the firm’s family office and wealth advisory business.

Calabrese will work closely with Martin Geller, founder and CEO of Geller & Company, and the GFOS leadership team, in developing the business’ operations and strategic direction.

He will lead a GFOS team comprised of some 60 professionals specializing in ultra high net worth investment advisory, tax, estate and trust planning, CFO advisory services and concierge services.

Calabrese was latterly president and CEO of Harris myCFO, the multi-family office unit of BMO Private Bank. He has significant experience in the areas of investments; trusts and estates; tax planning; philanthropy; family education; capital advisory; risk management and insurance advisory; and financial reporting and expense management, Geller & Co said. 

Wells Fargo Private Bank promoted Stacey Ackerman to senior regional fiduciary manager, responsible for the investment and fiduciary services business in North Dakota, South Dakota, Nebraska and Kansas.

Washington DC-headquartered wealth management firm Wilmington Trust appointed Peter Carnathan as a private client advisor.

Carnathan joined from Fiduciary Trust Company, where was managing director and business development officer.

He has over 20 years of experience in assisting families with their wealth management needs in the Greater Washington area.

New York-based investment management law firm Orical appointed James Leahy as a partner.

Leahy left Marathon Asset Management at the end of May, where he was chief financial officer. Before this, he helped found a hedge fund operations business at Moody's Investors Service, where he was also a member of the CDO team.

Craig Spengeman, president and chief investment officer of Peapack-Gladstone Bank Trust & Investments, is to retire from the firm on January 2, 2014.

Spengeman, also executive vice president of Peapack-Gladstone Bank, retired after nearly 29 years at the firm and its wealth management division. He has spent some 36 years in the financial services industry.

The bank said he was instrumental in introducing its newest subsidiary, PGB Trust & Investments of Delaware - established in 2012 - and is looking to replace him. 

Florida-headquartered Ocean Bank hired Manuel del Cañal as executive vice president of the firm’s wealth management division.

del Cañal has worked across retail, international and business banking with some of Florida’s largest institutions. Prior to joining Ocean Bank, he served as senior vice president and business banking manager for the Miami-Dade county at BankUnited, having previously held the position as senior vice president in retail sales and international private banking.

Earlier, he worked for SunTrust as first vice president of international trust and investments.

WE Family Offices, the global advisory firm for ultra high net worth families, made senior hires in Miami and opened a new office in Manhattan, NY.

Bruce Arella joined as a partner and head of real estate investing, responsible for serving US-based clients from the new Manhattan office. He also joined the firm’s investment and implementation committees.

Meanwhile, Joseph Kellogg and Elaine King stepped into the Miami, FL, office.

Kellogg is the firm’s wealth planning executive, working with clients and their external tax and estate planning professionals, while King is director of family education and governance.

Bruce was latterly president of the New York office at GenSpring Family Offices. Prior to GenSpring, he served as managing director and director of manager research at Orion Capital Management, a multi-strategy fund of funds.

Kellogg previously provided wealth planning services for international private clients of UBS AG and of HSBC Private Bank . In 2002, he opened and managed the Miami representative office for the Amicorp Group, providing corporate and fiduciary structures to corporate and private clients. Between 1997 and 2002, he worked with the Citco Group of companies, based in Curacao, Netherlands Antilles, and later in the British Virgin Islands.

King was formerly vice president of Bessemer Trust’s $75 billion family office group, having previously served as managing director of LFG; director of Gibraltar Private Bank & Trust's wealth and well-being planning institute; investment manager of the Royal Bank of Scotland's Coutts Latin America division; and investment manager of Citigroup’s $13 billion advisory service group.

The Private Client Reserve of US Bank appointed Frank DeBlasi as a wealth management advisor in Phoenix.

DeBlasi, with more than 13 years’ experience in the financial services industry, previously served at JP Morgan Private Bank as a senior vice president and private banker in the Scottsdale, AZ, area. Prior to that, he served as a regional vice president with Morgan Stanley in New York from 1999 to 2009.

In his new role, DeBlasi will also coordinate US Bank's private banking, personnel trust and investment planning expertise available to clients through the PCR.

Clearbrook Global Advisors, the US privately-held, independent investment management firm with $30 billion of assets, appointed Leslie Billet as managing director, responsible for providing investment advisory services to institutional and high net worth clients of the firm.

Billet will be based in the firm’s New York headquarters and will report to Elliott Wislar, chief executive of Clearbrook.

She previously worked at Gallagher Fiduciary Advisors - formerly Independent Fiduciary Services - where she was managed many of the firm’s institutional client relationships and oversaw investment portfolios.

Prior to joining GFI, Billet was an investment officer at Brown Brothers Harriman, and a manager at the New York Stock Exchange.

Business consulting and wealth management firm, Rehmann, appointed Joseph Granzier as a financial advisor at its Westlake, OH, office.

Granzier joined from McDonald Partners of Cleveland, where he was a managing director and the director of retirement plan service.

He will focus on individual and family wealth management, corporate retirement plan consulting and educational funding strategies.

Raymond James promoted Kirk Bell to director of the central region for Raymond James Financial Services, the firm’s independent broker/dealer.

Bell replaced David Patchen, who was recently appointed senior vice president of PCG Education and Practice Management.

Bell began his financial services career at Merrill Lynch and joined Raymond James in 2000. Since that time he has managed numerous financial advisor and branch professional support areas including RJFS branch services, concierge services and operations support.

As a regional director for RJFS, Bell is responsible for risk management and supervision, branch manager and advisor relationship management, and advisor recruiting. His region includes 12 states, with more than 450 advisors in 217 branches. In addition, he provides practice management coaching to advisors and their teams, who range from mid-level advisors to some of the top advisory firms affiliated with Raymond James.

New York-headquartered life insurer MetLife appointed Nela D’Agosta as managing director of marketing and investor services to its institutional investment management unit, MetLife Investment Management.

D’Agosta is responsible for marketing and relationship management for MetLife Private Capital investors.

She joined MetLife from Goldman Sachs Asset Management, where she was a senior relationship. Before this, D’Agosta was a global client manager at JP Morgan Chase Bank for nine years. In addition, D’Agosta held several relationship management positions at Morgan Stanley Trust Company.

JP Morgan recruited Edinardo Figueiredo from UBS to head its Brazilian private banking business, based in São Paulo.

Figueiredo will report jointly to José Berenguer, Brazil senior country officer of JP Morgan, and Chris Harvey, head of private banking for Latin America.

Figueiredo latterly served as chief executive of UBS's Brazil wealth management business, having previously worked at Banco Itau - most recently as CEO of the firm’s private banking business in Luxembourg and Switzerland. He has also held senior positions focusing on investment products at BankBoston and ABN AMRO in Brazil.

Nova Capital Management, a specialist acquirer of corporate and private equity portfolios, hired Richard Lobo as an investment partner on its North American team.

The firm opened its North American headquarters in Chicago, IL, in January this year, as Nova looks to grow its US footprint.

Lobo spent the last 20 years with CHS Capital, a Chicago-based private equity firm investing in mid-market companies in the US.

HarbourVest Partners, the US-headquartered private markets investment firm, appointed Olav König, to be based in the UK with a brief to cover the Europe, Middle East and Africa region. He holds the title of managing director and head of sales and client service at HarbourVest Partners .

He is a German national and a lawyer by background, working alongside a team including Hannah Tobin, a principal who is focused on client and consultant relations, and HarbourVest’s 28 investment and client service professionals based in Europe.

König previously worked at Eaton Partners, a global placement agent where he was a partner and head of Europe, with a focus on German-speaking countries and UK-based limited partners.  Prior to that, he spent eight years at Capital Dynamics in Zurich and London, latterly as managing director, business development.

E Gray Smith joined UBS Wealth Management Americas from Morgan Stanley in Winston-Salem, NC.

Smith has $345,000,000 in assets under management and a T-12 production of $1.8 million.

On his team are Toni Murphy and Laura Norgaard, both registered client service associates.

Merrill Lynch Wealth Management added to its private banking and investment group with hires in Denver, CO, and Florida.

Diane Padalino, a private wealth advisor in Denver, CO, joined from Goldman Sachs with $325 million in assets under management and $1,857,500 in production.

Meanwhile, John Molkentin and Denise Chin Quee - latterly of Morgan Stanley - represent a combined $183 million in assets and over $1.3 million in production. They joined Merrill’s Miami, FL, office.

UBS Wealth Management Americas hired Jonathan Brooks as a sales director to support new business development initiatives in the equity compensation services division.

Based in New Jersey, Brooks will report to Michael Barry, head of business.

In his new role, Brooks will focus on driving corporate client sales and helping to develop the firm's presence in the equity compensation industry.

Brooks has more than 15 years of experience in the equity compensation industry, having worked at E*TRADE and Morgan Stanley. Whilst at E*TRADE, he led the Eastern US client management organization and oversaw efforts to ensure significant increase in service quality, satisfaction and retention of corporate clients.

US advisory firm Kingfisher Capital promoted Chad Frk to director, after nearly two years at the Charlotte, NC-based firm.

Previously, Frk held similar roles with JPMorgan Chase & Co and Northern Trust. Most recently, at JP Morgan, he covered high net worth business owners in the greater Chicago, IL, area and educated existing clients, while also monitoring managed portfolios.

In his expanded role, Frk will work with individual and family accounts in delivering the firm's integrated wealth management capabilities.

In addition, Kingfisher Capital hired Kevin Pollard, who serves as the firm's head trader and oversees its portfolio administration. Pollard joined the firm from Bank of America where he managed Columbia Management's separate account management platform.

Raymond James expanded its management team in Portland, Maine, with the appointment of financial advisors Chris Rogers, Steve Guthrie, Dana Ricker and David Mitchell.

The team, also known as The Portland Harbor Group of Raymond James, joined the firm from Morgan Stanley, where they managed more than $500 million in client assets and had $3.4 million in annual fees and commissions.

Rogers will focus on estate planning, wealth transfer and macroeconomic research. He began his financial career at Shearson in 1983. After several mergers, Shearson became Morgan Stanley, where Rogers remained until joining Raymond James.

Guthrie is senior vice president of investments and in his role he will primarily on fixed income strategies and portfolio management. He began his career at EF Hutton and Morgan Stanley, where he worked until joining Raymond James.

Ricker is vice president of investments, specializing in financial, education and legacy planning, as well as retirement income strategies. He began his career in 1996 at Smith Barney, which ultimately became Morgan Stanley.

Mitchell is vice president of investments and began his career at Smith Barney in 1998.

Joining the four advisors are Lauren Schaefer-Bove, senior registered sales associate, and Zara Machatine, sales associate.

Raymond James appointed Stephen Valelly as senior vice president of investments in the Dallas, TX, office of Raymond James & Associates.

Valelly, with 33 years’ financial services experience, joined Raymond James from Jefferies & Company, where he managed more than $100 million in client assets. Valelly began his career in the international private banking sector, ultimately becoming president of Bank of Boston International, where he had general management responsibility for the branch entities in Miami, Houston, Los Angeles, New York, Boston and Nassau, Bahamas.

Valelly later became a partner at Coral Rock Investments and was a commodity trading advisor for 12 years before transitioning into wealth management. He worked at Capital Institutional Services, Merrill Lynch and Jefferies before joining Raymond James.

The Caprock Group, a Boise, Idaho-based multi-family office, appointed Greg Mech as a managing director to head its new office in Newport Beach.

Caprock, which serves as a financial advisor to high net worth clients, has other offices in San Jose, Seattle and Park City, Utah.

Mech, has spent nearly four decades in the wealth management and consulting fields, including a 29-year tenure at Merrill Lynch. He served as a regional managing director, overseeing Merrill Lynch’s private wealth management operations in the Western US. He also was the OC market president for Bank of America.

Mech is the founder of eMaxx Partners, a virtual financial advisory firm, which launched last year.

Merrill Lynch appointed Charles Phelps and Abtin Zarrabi, formerly of Morgan Stanley, and Robert Bezzone and Joseph Marotta  from Wells Fargo.

All four men werer hired by the firm as advisors.

Phelps is based in San Mateo, CA, while Abtin Zarrabi is based in Pinnacle Peak, AZ.

Royal Bank of Canada appointed Kathleen Taylor as head of the board, making her the first woman to head a major bank in Canada.

Taylor will become the next chair, following the retirement of current chair David O’Brien at the end of this year.

She has been a director on the RBC board since 2001. During this time, she has largely focused on the audit, risk and human resources committees and since 2010 she has led the human resources committee.

Taylor is also the former president and chief executive officer of Four Seasons Hotels and Resorts, where she served in a variety of progressively senior leadership roles.

Wells Fargo Advisors made five financial advisor appointments, all of whom joined the Private Client Group .

Lou Walsh, with 17 years’ financial industry experience, joined the Jacksonville, FL branch from UBS.  He reports to complex manager Joe Bruno.

Eric Zakarin joined in Westfield, NJ, from Morgan Stanley.  He has 26 years’ experience in the finance sector and $261 million in assets under management, and reports to complex manager Bill Drake.

Courtenay Hathcock, Frederick Rossetter and William Black joined the firm’s New York-Penn Center branch. Combined, they have 64 years of experience within the finance industry and $418 million in AuM.  They all report to branch manager Ted Geller. 

Deutsche Asset & Wealth Management recruited Matt Montana from Bank of America as a managing director and head of equity trading for the Americas.

Based in New York, Montana will report to Joshua Friedberg, head of trading, Americas.

He joined from Merrill Lynch, where he spent 25 years in New York and London - most recently as a managing director in charge of non-dollar sales and trading.

GenSpring Family Offices, the Florida-based wealth management firm for ultra high net worth families, promoted David Vines to president of the Charlotte, NC, family office.

Vines will oversee all operations and the delivery of MFO and investment management services to clients throughout the Carolinas.

JP Morgan appointed John Morris to its private banking arm in Nashville, TN, to cater for residents with at least $5 billion of assets.

Morris takes up the role of executive director and private banker, having already acquired 22 years of experience in the sector, most recently as a wealth strategist with GenSpring Family Offices. Morris was joined by banker associate Sarah Moore, who returned to JP Morgan from Bank of America Merrill Lynch, where she worked as a financial advisor.

New York-listed Huntington Bank named Gregory Smith president of Cincinnati, OH-based Haberer Registered Investment Advisor, a wholly-owned subsidiary of the Huntington National Bank.

Smith will report to Steven Short, executive vice president and director of Huntington Wealth Advisors.

Smith has served as senior vice president and director of private client services for Haberer since 2006. He has over 22 years of experience in the financial services industry and is a member of the Financial Planning Association. 

Barclays appointed a former senior US government advisor Bob Hoyt as the UK-listed bank’s as group general counsel. He will succeed Mark Harding in this role, whose intention to retire was announced in February.

Hoyt is expected to take up his role in mid-October, while Harding will retire from Barclays after an appropriate handover period. Hoyt will be a member of the executive committee and report directly to group chief executive, Antony Jenkins.