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"[People] don’t expect retirement to begin with social security and sit on the back deck in a lounge chair for the rest of their lives. This group really wants to remain active."

Jeff Cimini, head of personal retirement at Merrill Lynch

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Bank of the West has bolstered its wealth management segment with the addition of Drew Brahos and Bruce Wetter as market strategist and senior portfolio manager respectively.

In addition to his role as market strategist for the firm’s investment advisory and management team, Brahos  will provide intellectual leadership related to changes and trends in the economy, based from Newport Beach, CA. 

Brahos is formerly of Santa Barbara Bank & Trust, where he was a senior portfolio manager. Before that, he served as senior economist at Bank of America, focusing on international equity strategy, asset allocation and fixed income strategy. 

Wetter was latterly a portfolio manager at HighMark Capital Management and a relationship manager within Union Bank’s private banking group. In his new role at Bank of the West he is based in San Francisco, CA. 

In other recent developments, last month the firm made changes to its management team, appointing president and chief operating officer Maura Markus as manager of its regional banking and wealth management business.

Bank of the West Wealth Management provides wealth planning consulting, investment management, personal banking, and trust services. The group is part of BNP Paribas’ global wealth management business.

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