There's a change at the top of the prominent US wealth management organization.

Abbot Downing, the business group of Wells Fargo that looks after ultra-high net worth individuals, has named a new head, Jack Ginter. 

Ginter, who has more than 25 years’ experience in the industry, is succeeding Jim Steiner, who has taken on a new role at Wells Fargo Asset Management, focused on expanding outsourced chief investment officer offerings.

Most recently, Ginter was senior managing director for Abbot Downing, overseeing regional management, business development, the legacy and wealth planning practice, and the Institute for Family Culture. He joined Calibre, a predecessor firm of Abbot Downing, in 2008 after serving as a city executive for US Trust.

In addition to his new role, Ginter serves as an executive advisor to the Wells Fargo Women's team member network and is a member of the Wealth & Investment Management Diversity & Inclusion Council. He was also a vice chairman of the board of directors for the Zoological Society of Philadelphia and is chair of the comprehensive campaign committee and as a member of the development committee. He earned a bachelor’s degree in finance from Saint Joseph’s University in Philadelphia.