RBC Wealth Management added to its team in Texas and promoted staff at branches in Florida and Washington.

In Austin, TX, Glen Hatch joined as branch director. He took up the role on April 22, having formerly been Austin branch manager for Morgan Stanley, where he spent eight years.

In Tampa, FL, the firm appointed Michael Neff as branch director. Neff, who joined RBC in 2007, takes on a leadership role with oversight of 10 financial advisors. He replaces Jeff Farrell, who relocated to the St Petersburg branch.

In Edmonds, WA, RBC Wealth Management promoted Shane Flock to branch director. Flock joined RBC in 2009 from Merrill Lynch. He is a member of the Flock Group, along with his father, Larry Flock, his brother, Tony Flock, and client associate Mary Malencore. He will be responsible for the oversight of five advisors and three other branch employees.

Waterbury, CT-headquartered Webster Bank appointed Madorie O’Hara as a vice president and senior investment manager in Stamford, CT.

O’Hara was latterly a member of Citi Private Bank’s tailored portfolio group, managing equity and balanced portfolios for private clients, trusts and charitable organizations.

Wilmington Trust, part of M&T Bank, hired Sharon Klein as managing director of family office services and wealth strategies in the New York metro region.

Klein was latterly managing director and head of wealth advisory services at Lazard Wealth Management. She has 20 years of experience in the areas of trusts and estates, and philanthropic planning.

Before her stint at Lazard, Klein headed up the estate advice department at Fiduciary Trust Company International, and served as special counsel within the trusts and estates department at Rosenman & Colin (now Katten Muchin Rosenman).

Morgan Stanley Wealth Management expanded its advisor force in California and Florida with hires from Deutsche Bank and Merrill Lynch.

In Boca Raton, FL, Eric Behr joined from Deutsche Bank, where he served as a director and advisor. He had annual revenue production of roughly $1.2 million and now reports to Morgan Stanley complex manager Michael Higgins.

Thomas McCann joined Morgan Stanley in La Jolla, CA, from Merrill Lynch. There, he managed over $200 million in client assets and last year generated about $1.1 million in revenue. At Morgan Stanley, McCann reports to complex manager Mark Kremers.

Additionally, David Rascoe - latterly of Wells Fargo Advisors - joined in San Diego, CA. At Wells he managed $80 million in client assets and last year generated $905,000 in revenue.

Rockville Financial appointed Valerie Duncan - latterly of Wells Fargo Private Bank - as a senior vice president and head of private banking, based at the firm's administrative offices in Glastonbury, CT.

Duncan has over 16 years of experience in the financial services industry and at Wells served as a vice president and private banker for the Northeast region.  

Reporting to Mark Kucia, executive vice president and head commercial banking officer, Duncan will lead the firm's private banking team, which is comprised of: Anna Sinatro, vice president and private banking executive, and Heather Loranger, vice president and private banking executive.

Wells Fargo Advisors extended its footprint across four states with seven hires from Morgan Stanley Wealth Management and Edward Jones.

The new hires managed $776 million in combined client assets at their former firms and have joined Wells Fargo Advisors' private client group in Florida, Maryland, New Jersey and Virginia.

In Winter Haven, FL, Richard Meadows, Paul Seifert and Michael Fettig - the Meadows, Seifert, Fettig Group - joined from Morgan Stanley Wealth Management, where they managed $266 million in client assets. They are now based in Lakeland and will report to branch manager Christian Rafool.

Further north in Maryland, Howard Mirvis and Larry Holmes - also latterly of Morgan Stanley - stepped into Wells Fargo’s Lutherville office, where they report to Matthew Glenn. The Mirvis-Holmes Group previously managed $220 million in client assets and had T-12 production of $1.6 million.

Gary Pollick also joined from Morgan Stanley, where he managed $178 million in client assets. He now works in Paramus, NJ, and reports to complex manager Chris Leavy.

Lastly Betty Schutte-Box - latterly of Edward Jones - joined Wells Fargo in Richmond, VA. Schutte-Box, who formerly managed $112 million in client assets, now reports to market manager Rob Withers.

In a separate announcement, Wells Fargo Advisors Financial Network - Wells Fargo’s independent brokerage arm - added two practices in Seattle, WA, with a combined $549 million in assets under management.

In Mercer Island, Butler Wealth Management is comprised of financial advisors Jim Butler and his two sons, Jim Butler and Neil Butler. The team joined from Merrill Lynch. Butler Wealth Management has $1.3 million in production and over $356 million in AuM.

In Lynnwood, the O’Neal & Brokaw Private Retirement Group - comprised of Teresa Brokaw, Don O’Neal and Trent O’Neal - joined from Merrill Lynch. The team has $1.4 million in production and $193 million in AuM.

Laven Partners, a global consulting firm focused on the alternative investment industry, appointed Tom Morgan as managing director of the firm’s New York office, charged with expanding the firm’s presence in the US.  

Laven Partners launched its New York office in October 2011 following increased interest from US-based managers expanding their operations to Europe, and European clients concerned with US regulations.

William Demchak took over from Jams Rohr as president and chief executive of PNC Financial Services Group.

Rohr, who announced in February that he will retire in 2014, has taken on the new position of executive chairman. He will serve in this role for a year to help with the transition.

Demchak, a director at BlackRock, joined PNC in 2002 as chief financial officer and became head of corporate and institutional banking in 2005. He was promoted to senior vice chairman in 2009, named as head of all PNC businesses in 2010, and then elected as PNC president in April 2012.

The moves were announced at the firm’s latest annual meeting, during which shareholders also re-elected all 16 directors to the board. They are: Richard Berndt, Charles Bunch, Paul Chellgren, Demchak, Kay James, Richard Kelson, Bruce Lindsay, Anthony Massaro, Jane Pepper, James Rohr, Donald Shepard, Lorene Steffes, Dennis Strigl, Thomas Usher, George Walls and Helge Wehmeier.

Atlantic Trust, the private wealth management division of New York-listed Invesco, ramped up its team in Houston, TX, appointing Catherine Schnaubelt as a senior vice president and senior wealth strategist.

Schnaubelt joined Atlantic Trust from Wells Fargo’s ultra high net worth family wealth division, Abbot Downing, where she was a director. Previously, she was a partner with Strasburger & Price, and a principal for the management consulting business within Avatar Associates.

Campden Wealth promoted Mindy Rosenthal to president of its Institute for Private Investors US subsidiary and appointed David Berger as chief executive for the Americas.

Rosenthal has served as executive director of IPI, a membership organization for wealthy individuals, since Campden Wealth acquired it in 2011. Rosenthal, who joined the firm back in 2007, will now concentrate on overseeing services and content for IPI member families.

Meanwhile, Berger will be responsible for strategic planning, business development, operations and new technology initiatives in North and South America.

Berger joined Campden Wealth from Asia Executive Solutions, a Hong Kong-based consultancy he founded which advised professional and financial services clients entering Asian markets.

Both executives are based in New York and report to Dominic Samuelson, CEO of Campden Wealth.

The brokerage firm Stifel, Nicolaus & Co, a subsidiary of St Louis, MO-based Stifel Financial, recruited an 11-member team from Wells Fargo’s independent brokerage network.

At Wells Fargo Advisors Financial Network, the team operated as RMG Asset Management and oversaw over $1 billion in client assets. At Stifel, they are known as the RMG Group.

Nine of the advisors are based at Stifel's new office in Bellevue, WA, and the other two are based in Portland, OR.

The new Bellevue office is run by former Wells Fargo advisor Mark McClure. The rest of the team are: Andrew Campbell and Lance McIntosh - both senior vice presidents - and advisors Jennifer Rush, T Kevin Tucker, Michael Harkins, Glen Ness, Richard O'Donnell and Michael Tucker.

The Private Client Reserve of US Bank promoted Matt Ellison to regional wealth planner for Kentucky, Tennessee and Cleveland and Columbus, OH.

Reporting to Steve Cook, market leader of the PCR, Ellison will work with high net worth individuals and families, with a focus on entertainment and professional sports clients.

Ellison has over 20 years of trust, financial planning and investment management experience. He joined US Bank in 2011 as a wealth management advisor. Previously, he was head of trust and wealth planning at Royal Bank of Canada and has held similar positions at AmSouth Bank.

Wells Fargo appointed Michael Lee as a relationship manager and wealth planning strategist at Abbot Downing in Chicago, IL, as the firm expands its ultra high net worth business operations in the region.

Lee joined from William Blair & Company, where he was a partner and head of corporate and executive services. He also has experience in the areas of wealth, tax and estate planning, having previously been a tax attorney.

In his new role, Lee will focus on issues faced by owners and executives of private and public companies. He joined a Chicago-based team providing planning and family dynamics services, asset management, private banking, trust, fiduciary and administrative services.

San Antonio Capital & Trust Company, a Texas-based wealth manager, hired a new chief executive and president from Bessemer Trust.

Audie Apple, the new CEO, was formerly managing director for Bessemer Trust for the Southwest, based at the US wealth manager’s Dallas office. He is a native Texan. Before Bessemer, he worked at AllianceBernstein in the private wealth division, between 1996 and 2011.

California-based Willow Creek Financial Services added David Homan as a financial advisor.

Homan joined the firm this year from Private Ocean, a San Rafael-based wealth manager where he was a senior wealth advisor. There, he specialized in portfolio management and financial planning for high net worth individuals.

Homan also owns Intersect Marketing Group, an online marketing services firm for small business and real estate professionals. Overall, he has been in the industry 10 years and advises individuals on tax planning, estate planning, risk management, and charitable strategies.

Howard-Sloan, an executive search firm specializing in the legal and financial sectors, hired Alan Goldstein as global practice director of wealth management.

Goldstein has 20 years of industry experience, during which time he has worked with clients in the US, Latin America, Europe, the Middle East and Asia.

In his new role, he will concentrate on private bankers and relationship managers, financial advisors and private client investment managers, working with family offices, wealth managers, hedge funds and asset managers.

BNY Mellon Wealth Management hired Robert Buzzelli as a senior director, based in the firm’s Pittsburgh, PA, office. He will report to regional sales manager Garrett Alton.

Buzzelli was latterly chief banking and wealth management officer at Allegheny Valley Bank. There, he was responsible for sales and service across all lines of business including wealth management and commercial, consumer, and residential lending.

Between 2004 and 2012, he was a managing director at Fifth Third Bank, where he led a team of 28 professionals in the wealth management division.

American Independence Financial Services, a New York-based independent investment manager, appointed Keith Fletcher as vice chairman and a member of the executive committee.

Fletcher has spent the last 30 years building sales, marketing and product teams for traditional and alternative investment products. 

He recently served as chief marketing officer and head of product management for Security Global and Rydex Investments (later Guggenheim Investments), where he was responsible for the company’s exchange-traded products, mutual funds and other related products.

RMB Capital, the independent advisory firm, appointed John Bohan as a senior wealth manager at RMB Wealth Management in Denver, CO.

Bohan’s industry background includes several years as a senior private wealth advisor. He was formerly a managing director at CoBiz Wealth Management, focused on new business development, relationship management and wealth advisory for high net worth clients.

Southfield, MI-based wealth management and consulting firm CIG Corp appointed Howard Margolis as its new managing director of wealth management.

Margolis was previously the managing director and director of wealth management for The Private Bank in Michigan. In that role, he was responsible for daily operations, business development and marketing at the bank’s wealth management, fiduciary and risk management services businesses. He also headed up its national financial advisory services team.

The wealth and investment management division of UK-listed Barclays said its chief executive, Tom Kalaris, will retire from the bank, effective June 30.

In addition to his role as CEO WIM at Barclays, Kalaris is also an executive chairman of Barclays in the Americas and will step down from this position at the end of June. He stepped down from the Barclays executive committee at the end of April.

Rich Ricci, currently the chief executive of the corporate and investment banking arm, decided to retire on June 30, by which time he will have helped to support the establishment of the new leadership team. He has now stepped down from the bank’s executive committee.

Kalaris will work with Peter Horrell, head of Barclays’ intermediaries, international and direct businesses, to implement the transition of responsibilities. Horrell was named interim CEO of wealth and investment management, with effect from May 1, 2013. Horrell will report to group CEO Anthony Jenkins.

Meanwhile, Skip McGee was hired as CEO Barclays Americas, with effect from May 1. He will be the senior executive in the Americas, with geographic responsibility for all of Barclays’ businesses in the region. McGee will also join the Barclays executive committee and report to Jenkins.

In addition, Eric Bommensath and Tom King were appointed co-CEOs of corporate and investment banking, effective from May 1. Bommensath and King take on these roles in addition to maintaining their current responsibilities as head of markets and head of the investment banking division, respectively.

Bommensath and King will join the Barclays executive committee, and both men will report to Jenkins.

Evercore Trust Company, a subsidiary of Evercore Partners, appointed a new chief executive as part of a reshuffle of its executive team.

As of July 1, Charles Wert and Norman Goldberg will become vice chairmen, while Ciara Burnham, currently a senior managing director with Evercore Partners, will succeed Wert as president and CEO. 

Additionally, William Ryan - latterly executive director for legal and compliance and head of ERISA law at Morgan Stanley - will succeed Goldberg as chief fiduciary officer.

BMO Private Bank named Peter O'Connor as a managing director in Hinsdale, IL, and Nate Wasson as a managing director in Naperville, IL, describing these areas as “growing suburban markets.”

Katie Vander Zanden, who previously led both markets, is now chief administrative officer of BMO Private Bank. This is a newly-created role in which Zanden assumes overall responsibility for BMO Private Bank's compliance, audit, initiatives management and administrative functions. She will also lead initiatives designed to improve the overall client experience.

Zanden has over 33 years of financial services experience and has been with BMO since 1996. O'Connor has been a financial services professional for over 26 years and joined BMO in 2000.

Wasson joined BMO in 2011 and was most recently vice president and regional manager for BMO Harris Financial Advisors.

New York-based Provident Bank promoted its chief wealth management officer, James Nesci, to executive vice president. 

Nesci, who is also president of Beacon Trust Company, a Morristown, NJ-based subsidiary of Provident Bank, has over 20 years of financial industry experience and is working to enhance and expand Provident's wealth management offering.

Nesci is a member of Beacon Trust’s board of directors and Provident Bank’s executive leadership team. He also serves on several of the bank’s management committees, including the asset and liability, officers trust, and disclosure committees. Additionally, he is a board member of Provident Investment Services.

Rothstein Kass brought in Todd Kesterson as director of family office services in Dallas, TX - a role in which he will provide accounting, tax and business consulting services to high net worth individuals and family offices.

Kesterson has about 25 years of experience in public accounting, wealth advisory and business operations. He has also worked in family business consulting, investment analysis, estate and business planning, internal controls and risk aversion, and budgeting and cash management.

Kesterson spent the past 15 years or so as president and chief financial officer for the private wealth management office of a high net worth family in Dallas. In that role, he oversaw all business and day-to-day operations including accounting, planning and forecasting, asset custody and security, human resources functions, and private foundation operations and compliance.

Before that, he served as CFO of a privately-held auto finance company, having started his career as a tax consultant at Ernst & Young.

Denver, CO-headquartered Janus Capital took on Michael Stern as sales director, charged with expanding the firm’s intermediary distribution and sales in New York City.

Stern has over 20 years in financial services sales and sales management and was most recently a market director within the wealth management group at JP Morgan Chase. He started his career as a financial advisor and, later, a branch sales manager at Smith Barney in Melville, NY. 

White Oaks Wealth Advisors, an independent and private wealth management firm in Minneapolis, MN, promoted Michaela Larson to director of operations.

Larson joined White Oaks Wealth Advisors five years ago and has since been managing the firm’s internal and external communications.

Los Angeles, CA-headquartered Aristotle Capital Management hired Catalina Llinás as a managing director within its client service and marketing team.

Llinás was latterly a senior vice president at Metropolitan West Capital Management, having previously held an investment role at Citibank in Spain.

The World Gold Council appointed Robert Alderman as managing director of private investment in the US, based in New York.

Alderman joined the World Gold Council from Credit Suisse Asset Management, where he was managing director and head of retail distribution for the Americas.

He has 25 years of experience in the private investment and asset management sectors, having spent time working at Advisors Asset Management, Prudential Investments and Bank of America Merrill Lynch.

The Private Client Reserve of US Bank appointed Kenan Aksoz as a wealth management consultant and Doug Heding as an assistant vice president and private banking officer.

Aksoz has over 23 years of experience in the financial services industry and in his new role will work with high net worth individuals and families in Minneapolis, MN.

Based in Milwaukee, WI, Heding will also work with HNW individuals and families. He has significant experience in treasury management, credit risk management, HNW client relationship management and small business relationship management, the firm said.

Before joining the PCR, Heding was a private banking officer for The PrivateBank and Trust in Milwaukee. 

RBC Wealth Management appointed Robert Magel as branch director of its Denver, CO, tech office - a role in which he is responsible for the oversight of 21 financial advisors.

Magel has 30 years of industry experience and most recently worked at UBS as a branch and complex manager. Previously, he was a financial advisor at Dean Witter, and then served as branch manager and regional manager when the company became Morgan Stanley.

Nerine Group of Fiduciaries appointed a new managing director for its British Virgin Islands business, and promoted its finance director.

Jonathan Bailey is the new managing director of Nerine Trust Company (BVI). The previous managing director was Simon Filmer.

Bailey has more than 10 years’ experience working at a senior level within the private client sector in the UK and BVI. He will oversee all Nerine BVI operations and staff and takes on a prominent role within the group for marketing and business development, with particular emphasis on wealth structuring solutions available from the BVI for both private and institutional clients.

Former US Attorney Mary Jo White was sworn in as chairman of the Securities and Exchange Commission.

White was nominated to serve as the US authority’s chairman by President Barack Obama in February and the move was subsequently confirmed by the US Senate.

She served as the US Attorney for the Southern District of New York from 1993 to 2002 - a role in which she prosecuted complex securities and financial institution frauds, while also focusing on international terrorism cases.

Before that, White served as the first assistant US Attorney, and later acting US Attorney, for the Eastern District of New York between 1990 and 1993.

Baird Private Wealth Management brought in a large Texas advisory team and opened a second office in Houston, as it targets oil and gas wealth in the Lone Star state.

The firm hired John Hantak as senior vice president, branch manager, responsible for overseeing both of its Houston offices. He is one of ten new hires the wealth manager has made.

Hantak joined Baird from UBS Financial Services, where he was most recently an executive director/complex director, overseeing around 50 financial advisors in Stamford and Greenwich, CT, and managing $48 million in revenues.

He was joined by seven legacy AG Edwards advisors, who were all most recently with Wells Fargo Advisors. The team focuses on the retirement planning needs of executives in the oil and gas industry and oversees more than $770 million in client assets.

The team of advisors is comprised of: J Gillette Burns, director; Orlando Montesino, senior vice president; Andrew Atkinson; Richard Pfeil, vice president; Matthew Leatherwood; Thomas Davis, vice president; and C Nelson Shields, vice president.

Burns, Montesino and Atkinson, known as The Burns Financial Group, were joined by client relationship assistant Cynthia Silva. Meanwhile, Pfeil and Leatherwood were joined by client relationship assistant Ogochukwu Obianagu. They are all based in the new Houston office.

Chicago, IL-based William Blair & Company hired John Zielinski and the team of John Baker Welch and Anthony Faut as private client advisors. 

Zielinski was latterly a senior vice president at Capital Group Private Client Services and has also previously worked at Lehman Brothers Asset Management and The Northern Trust.

Welch spent the last 25 years at Rothschild Investment Corporation, most recently as a partner and portfolio manager.

Faut also joins from Rothschild Investment Corporation, where his most recent role involved focusing on investment advice and employee education as a member of the firm's retirement plan team.

OppenheimerFunds appointed Mark Hamilton as chief investment officer of asset allocation, a newly-created role at the firm.

Reporting to Art Steinmetz, CIO, Hamilton will lead the expansion of the firm’s investment strategies, with a focus on designing and implementing multi-asset products and solutions.

Hamilton joined from AllianceBernstein, where he most recently served as an investment director on the dynamic asset allocation portfolio management team.

His responsibilities there included managing investments in the global equity, bond, credit, currency and real asset sectors, as well as directing the design, development and implementation of dynamic asset allocation strategies for institutional, sub-advisory, retail and private client channels.

Westwood Holdings Group appointed Randall Root as president of its Texas trust subsidiary, Westwood Trust - Dallas.

Root has been a member of the Westwood Trust team for 20 years, most recently as senior vice president, trust investment officer. He works with affluent individuals and families, as well as charitable endowments, foundations and corporate retirement plans.

Focus Financial Partners brought in Mark Hovanic and Matt Sonnen to support Focus Connections, the firm’s offering that supports advisors undergoing the transition to RIA status.

Hovanic, a managing director, will be responsible for recruiting and advising wirehouse breakaway teams, while Sonnen joins as vice president of strategic operations.

Hovanic previously served as a senior vice president, complex and branch manager at several wirehouses including what was then Morgan Stanley Smith Barney, as well as UBS and earlier Paine Webber.  

Prior to joining Focus, Sonnen was the chief operating officer of Luminous Capital, which was bought by First Republic Bank in November 2012. Before that, he worked at Merrill Lynch and Los Angeles, CA-based Pacific West Capital Group. 

Focus Financial also appointed Frank Balducci as senior vice president of accounting and reporting, Jason Carver as a business development associate, and Antonia Savaria as a vice president of compliance and risk management.

Atlanta, GA-headquartered Bank Solutions Group appointed JP Nicols as a partner within its wealth management practice.

Nicols has over 25 years of industry experience and is also the founder and chief executive of Clientific, which will now provide research and insights for BSG clients.

Prior to founding Clientific, he held a number of roles at various financial institutions, including as the first chief private banking officer for US Bank. 

UBS Wealth Management Americas hired three financial advisors - latterly of Morgan Stanley - in Phoenix, AZ, and Indianapolis, IN, with $467 million in combined assets under management.

In Phoenix, Scott Merrill has a T-12 production of $1.2 million and $113 million in AuM, while Steven Schultz has a T-12 production of $2.6 million and $320 million in AuM.

Meanwhile, Stockton Schultz - Steven Schultz’s son - joined UBS in Indianapolis. He has a T-12 production of $340,000 and $34 million in AuM.

New York-headquartered Tiedemann Wealth Management hired Thaddeus Shelly as a managing director and senior advisor in Palm Beach, FL - a role in which he will develop and maintain client relationships.

Shelly joined Tiedemann from Lazard, where he served as a managing director and chief executive of Lazard Wealth Management, overseeing the firm’s private wealth management effort in the US.

Prior to joining Lazard in 2009, he was a senior managing director at Bessemer Trust, where he oversaw client acquisition and account management for their Mid-Atlantic, south and southeast regions, as well as the firm’s Delaware Trust Company.

City National Bank brought in Richard Stasand as a senior vice president and senior private client advisor in Irvine, CA. Stasand is part of an expanded private banking focus in Orange County.

Reporting to Carla Furuno, senior vice president and manager for private client services in Orange County and San Diego, CA, Stasand will serve high net worth families, related professional service firms and non-profits in the region.

Prior to joining City National, he advised HNW individuals and their families as a managing director at Citi Private Bank. Stasand jumped ship to Citi after 20 years with Bank of America's US Trust unit, where he was a managing director working with individuals, families, private foundations and charitable organizations. There, he advised on investments, estate planning and taxes.

Tampa, FL-headquartered JHS Capital Advisors, a dual-registered broker/dealer and RIA, appointed Mark Palsson as a vice president of investments and financial advisor at the firm’s office in Bellevue, WA.

Prior to joining JHS, Palsson spent five years as a financial advisor at Smith Barney, which is now part of Morgan Stanley Wealth Management. Before that, he worked for 25 years at Weyerhaeuser Co in a range of accounting, finance and managerial positions.

Altius Associates, the private equity advisory and fund-of-funds firm, added two senior associates to its global investment team.

Jeffrey Kopocis will be based in Richmond, VA, while Arnaud Garel-Galais will be based in the London office.

Kopocis joined Altius from a multi-family office in Alexandria, VA, where he was an investment professional and member of the investment committee. Prior to that, he worked at Cambridge Associates as a senior hedge fund analyst.

Meanwhile, Garel-Galais joined from Dahlia Partners, a Natixis subsidiary. There, he managed private equity funds-of-funds, having previously worked at CALYON in Hong Kong.

Method, an Atlanta, GA-based firm that develops and invests in CPA-owned wealth management practices, appointed Kosta Velis as director of registered investment advisor services.

Velis will lead Method’s efforts to cultivate advisor relationships for clients and partners of the firm’s wealth management practice. Velis has worked as a financial advisor with Bank of America Merrill Lynch, as well as at Smith Barney and other firms.

Philadelphia, PA-headquartered Janney Montgomery Scott hired Jonathan Fairbanks - who oversees over $100 million in client assets - as first vice president of wealth management in West Hartford, CT.

Fairbanks spent the past eight years at Morgan Stanley and prior to that was at AG Edwards & Sons for 12 years.

Jerry Lombard, president of Janney’s private client group, said the firm is looking to expand within areas that present opportunities for growth, with the additional aim of recruiting more advisors.  

US Bancorp Investments, an affiliate of US Bank, appointed Brett Pearce as a financial advisor. He will provide wealth management and financial planning services to affluent clients.

Glenmede, the privately-held investment and wealth management firm, hired John Carson as a business development manager in Philadelphia, PA.

Carson will focus on initiating and broadening relationships with high net worth individuals and families, as well as family offices, endowments, foundations and institutional entities nationally. He will report to Chip Wilson, executive director of relationship management.

Carson has over 20 years of experience in the financial services industry and joins Glenmede from Oppenheimer & Co, where he was a managing director of the middle market institutional sales group.

Ruston, LA-based Argent Financial Group appointed four directors and a president for its trust business, which it has renamed Argent Trust Company.

Gary Moore, who joined Argent in 1998, was named as president and senior trust officer and joins the board of Argent Trust. He has over 30 years of experience in the wealth management industry.

The new board of directors are: Armand Roos, counsel to Weiner Weiss & Madison of Shreveport; J Mark Garrett, a retired partner of KPMG and chairman of Argent’s audit committee; Thomas Murphy, a private investor and former president of Murco Drilling; and John Werner, a partner at Fishman Haygood Phelps Walmsley Willis & Swanson.

Meanwhile, John Williams was elected as director emeritus in “recognition of his service for over 20 years.”

Prospera Financial Services, the independent broker-dealer based in Dallas, TX, nabbed two former Morgan Stanley Wealth Management advisors.

Stephen Shipley and John Rubottom previously managed $121 million in client assets and had annual revenue production of $925,000. They were based out of Morgan Stanley's Arlington, TX, office.

The director of the SEC’s San Francisco regional office is leaving to become a partner at a law firm.

Marc Fagel, who had been at the SEC in San Francisco for 15 years, joined Gibson, Dunn & Crutcher’s securities enforcement practice.

He will remain based in San Francisco and will deepen the firm’s securities enforcement practice on the West Coast.

In his most recent role at the SEC, which he took up in 2008, Fagel oversaw a staff of more than 100 attorneys, accountants and other professionals, and an area spanning Northern California, Washington, Oregon, Montana, Idaho, and Alaska.

Vulcan Capital, which manages Paul Allen’s multi-billion dollar portfolio, has brought in a managing director to head up a new Palo Alto office.

Abhishek Agrawal will head up Vulcan’s Silicon Valley presence and expand its investments in the internet and technology sectors.

He joined the firm from General Atlantic, a global growth equity firm with $17 billion in capital under management, which he joined in 2005.

St Louis, MO-based Archford Capital Strategies joined the Dynasty Financial Partners platform.

Archford Capital Strategies was founded by James Maher this year. It was formerly known as The Maher Group and has a second office in Creve Coeur, MO.

According to FINRA records, Maher has been registered with Merrill Lynch, Pierce, Fenner & Smith since 2001 and with Archford since March 2013.

Maher was joined by the following team members:

·        John Russo, chief operating officer and wealth management advisor;

·        Jerry West, chief investment officer and wealth management advisor;

·        Robert Schlueter, director of operations and wealth management advisor;

·        Tracy Winters, assistant branch manager and senior registered client associate;

·        Julie Hanger, senior administrative assistant;

·        Joshua Anderson, associate analyst;

·        Bernard Thebeau, retirement specialist.

Morgan Stanley Wealth Management made a number of hires in Akron, OH, and Riverwoods, IL, from Bank of America Merrill Lynch and Wells Fargo respectively.

In Akron, financial advisor Mark Pentella was joined by team members Jessica Palmer, a financial advisor, and Rebecca Tiranno, a senior registered client service assistant.

Pentella previously managed $1.13 million in client assets and generated annual revenue production of about $1.1 million.

At Morgan Stanley he reports to Jason Haines, branch manager.

Meanwhile, the Gordon Financial Group - comprised of David and Kirsten Gordon - stepped into the Riverwoods office from Wells Fargo and reports to branch manager Mark Boersma.

The pair previously managed over $300 million in client assets and generated roughly $2.6 million in annual revenue production.

RBC Wealth Management added five financial advisors - latterly of Morgan Stanley - to its Pittsburgh, PA, office.

Russell Sherred, Pamela Pasterick, Ken Kuska, Kathleen Corrales and Matthew Lawrence together have  $380 million in assets under management and generate production of $2.8 million.

Cleveland, OH-based Cedar Brook Financial Partners hired Kelly Smith as an associate director within its wealth strategies department.

Smith joined from Beacon Financial Partners, where she was responsible for the wealth management department until 2011. She then became a senior advisor, providing planning and operations support for high net worth individuals, with a focus on physician clients. 

Smith has about 20 years of industry experience overall, having worked with HNW clients at other local financial planning firms prior to joining Beacon Financial Partners.