Eliane Chavagnon
Reporter
5 July 2012
Daily News Analysis
Bob Diamond resigned as chief executive of Barclays in the wake of a LIBOR-rigging scandal that has rocked the financial industry.
Eaton Vance Investment Counsel, a subsidiary of New York-listed Eaton Vance, appointed William Gillen as vice president of business development.
Gillen will be responsible for enhancing its presence “in the marketplace and overall marketing efforts,” as well as managing select client relationships, reporting to David McCabe, president of EVIC.
Gillen has spent the past 23 years with Eaton Vance Distributors, another subsidiary of Eaton Vance, responsible for the distribution of the firm's mutual funds, separately-managed accounts and alternative investments.
Brown Advisory strengthened its Boston office, appointing Dune Thorne as partner - a role in which she will also serve as a senior investment and strategic advisor to families, family offices and foundations.
Thorne joins Brown Advisory from Silver Bridge Advisors, where she was a managing director and principal, as well as serving on the management committee. Prior to Silver Bridge, Thorne was the director of investments for Circle Financial Group, an investment and wealth management think tank for ultra high net worth women.
Capital Guardian hired Brian Chapman as president for the independent channel. Chapman was most recently a regional vice president at Woodbury Financial Services, an independent broker-dealer owned by The Hartford.
In his new role he will be based at Capital Guardian’s Charlotte, NC, headquarters and help grow the firm’s national independent channel. He will also act as office of supervisory jurisdiction for the Southeast region.
American Independence Financial Services, the New York investment manager, bolstered its large cap value strategy with a new hire. Richard Baird assumes the role of principal portfolio manager for the large cap division, including the American Independence stock fund.
His background includes roles as senior vice president for Zions Bank and chief investment officer for Western National Trust Company. He also founded Wind River Advisors, which was acquired by Yellowstone, a registered investment advisory firm, in 2009.
In his new role, he is joined by Chris Jacobs as assistant portfolio manager. Jacobs joined Yellowstone in 2010 and supports Baird with equity research and analysis.
Greenwich, CT-based Fieldpoint Private, the wealth advisory and private banking firm, hired Bill Kennedy as chief investment officer.
Kennedy will oversee all of the firm's investment functions, including research, strategy and asset allocation.
He is formerly of Guy Carpenter & Co, where he ran the firm's global analytic and advisory division.
Pioneer Investments, the fund manager owned by Italy’s Unicredit, expanded its US operations with a raft of hires and promotions, increasing its US retail sales team by almost a quarter.
