People Moves
Daily News Analysis
Lincoln Financial Advisors Hires Managing Director To Lead Pacific Region
18 June 2013
Lincoln Financial Network, the retail client business of Philadelphia, PA-headquartered Lincoln Financial Group, has appointed Bill Fortner as managing director of Lincoln Financial Advisors, leading the Pacific regional planning group. Fortner will manage regional planning offices in Northern California, Oregon, and Washington State, where he will focus on increasing market share, the firm said in a statement . Based in San Ramon, CA, Fortner will report to head of Lincoln Financial Advisors, John DiMonda.
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BNY Mellon Wealth Management Boosts Presence In South Florida With Director Hire
18 June 2013
BNY Mellon Wealth Management has appointed Eric Stein as senior director for business development, based in the firm’s Miami, FL, office and reporting to managing director Tim Goering. Stein, with more than 29 years' experience serving high net worth clients, joins BNY Mellon from BB&T Bank in Miami, where he served as a wealth advisor . From 2005 to 2012 he was a HNW client advisor at SunTrust Bank in Coral Gables, FL.
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Wells Fargo Expands Advisor Workforce With Nine Private Client Hires
17 June 2013
Wells Fargo Advisors has bolstered its private client group with the addition of nine advisors across seven states from Morgan Stanley, Bank of America Merrill Lynch and RBC Capital Markets. James Hunt joins the Chicago, IL, branch from Morgan Stanley and had $181 million in assets under management, on top of $425 million in assets held away from the firm . Hunt has 20 years of industry experience and reports to Chicago complex manager Kevin Ortmeyer.
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JP Morgan Seeks To Expand Private Client Operations In Houston
14 June 2013
JP Morgan is looking to add between 10 and 15 financial advisors in Houston, TX, having already hired 20 in that region last year, the Houston Business Journal reports. The bank’s Chase Private Client subsidiary, which has 82 locations in Houston and is targeted at individuals with at least $500,000 in investable assets, has brought in some 5,000 clients in the region so far, according to the report . The bank intends to add up to 23 more branches in Houston by the end of 2013, a spokesperson reportedly told the news service.
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Washington Trust Appoints Executive Vice President For Wealth Management
14 June 2013
Mark Gim, executive vice president and treasurer at Westerly, RI-based Washington Trust, has been named executive vice president of wealth management and treasurer. In his new role, Gim will establish and execute business strategy for Washington Trust Wealth Management, a division of The Washington Trust Company . Gim, who joined Washington Trust in September 1993 from Citizens Bank, oversaw the retail banking division alongside his roles as executive vice president and treasurer.
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Features
Gresham Hires Head To Lead Growth; Targets "Top One-Tenth Of The 1 Per Cent"
7 May 2012
As liquidity and wealth creation has slowed down, Gresham Partners wanted to tackle the issue of sustainable growth for the next five to ten years.
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Heavy Hitters Huddle In New York For Tiburon CEO Summit
18 April 2012
How will the financial services industry divvy up the $28.6 trillion Americans currently have in investable assets? If you are a heavy hitter in the wealth management business, you were probably at the latest Tiburon CEO Summit at the Ritz-Carlton at Battery Park in New York City to find out.
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North America Executive Moves Round-Up December 2011
4 January 2012
A round-up of the key moves in the North American wealth management industry for December 2011.
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North America Executive Moves: October 2011
7 November 2011
Here, the significant moves in the North American wealth management market for October are summarized.
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Executive Moves: Americas April 2011
9 May 2011
A round-up of the North American industry moves for April 2011.
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News and Features
Latest News
Lincoln Financial Advisors Hires Managing Director To Lead Pacific Region
Investor Satisfaction Falls As Firms Struggle To Communicate Effectively With Clients - Study
INSIGHT: The Financial Implications Of Turkey's Turmoil
The Changing Face Of Global Wealth: Rise Of The Entrepreneurs - Study
BNY Mellon Wealth Management Boosts Presence In South Florida With Director Hire
Comment and Analysis
EXCLUSIVE: Citi Private Bank: Reaping Rewards From Client Feedback
WE Family Offices Sets Out To Reshape The Landscape Of UHNW Wealth Management
FEATURE: A Look At The Mexican High Net Worth Client Market
EXCLUSIVE: Thomas Carroll On His First Few Months At The Helm Of GenSpring
EXCLUSIVE: Industry Leaders Debate Hot Topics Of Client Centricity, Communications
Expert Commentary
- Top Story
- Opinion of the Week
- Industry Insight
- View from the Top
- Editor's Choice
- Investment Strategy
America Regained Top Spot For HNW Population, Wealth In RBC/Capgemini Survey
The annual RBC Wealth Management/Capgemini World Wealth Report also showed that North America, which in 2011 had lost its top-dog status to Asia-Pacific, is now back as the place with the largest high net worth market.
Tom Burroughes
18 June 2013
Guest Opinion: An Earnings Report Every Hedge Fund Manager Should Review
Here Diane Harrison, principal and owner of Panegyric Marketing, argues that the debate over fees in the hedge fund industry often focuses on the wrong topics.
Diane Harrison
20 March 2013
Q&A: Rockefeller & Co's Jimmy Chang On The Investment Environment
Here, Jimmy Chang, a senior portfolio manager and a managing director of Rockefeller & Co, discusses some issues around investing in the current environment.
Harriet Davies
4 April 2013
INTERVIEW: Regular Risk Reviews Gain Traction In The Family Office World
The period between 2008 and 2012 saw an uptick in risk reviewing business at New York’s Rothstein Kass Family Offices Group, says partner Evan Jehle.
Harriet Davies
9 April 2013
FEATURE: Twins And The Business Of Family
Building functionality into a family’s business affairs involves defining each person’s role but it’s never easy to think differently about family members who were children at the dinner table, but are now adults around the board table.
Charles Lowenhaupt
8 April 2013
Guest Opinion: Diversification In The Age Of Globalisation
Marc Odo, director of research at software and business intelligence firm Informa Investment Solutions, discusses why diversification failed during the credit crisis.
Marc Odo
25 March 2013
