A round-up of executive wealth management moves in the Americas during the month of October 2013.

Citi appointed Anil Wadhwani as head of consumer banking in
Europe, the Middle East and Africa, replacing Marc Luet who was recently
appointed cluster head for Central and Eastern Europe and Citi country officer
for Russia. The area of responsibility at Citi includes wealth management (not
including the private bank, however, which caters to ultra high net worth
clients). Wadhwani previously served as the head of Citi’s cards and unsecured
loans business for Asia and the head of its consumer banking business in South
East Asia.

California-based
PIMCO, an international investment management firm, hired Virginie Maisonneuve
as managing director, global head of equities and portfolio manager.
Maisonneuve was previously head of global and international equities at
Schroders. In her new role, Maisonneuve is involved in the development and
implementation of new equity and asset allocation strategies.

UBS Private
Wealth Management added The Binder, Chiate, Oratz & Brown Team in Los
Angeles, CA, from Merrill Lynch’s private banking investment group. Binder,
Chiate and Oratz all spent the last 13 years as managing directors within the
private banking and investment groups at Merrill Lynch. Prior to Merrill,
Binder was at Goldman Sachs, where he was a vice president in the private
client services division. Chiate spent eight years at Goldman Sachs, where he
served as a vice president in the private client services division. Prior to
Merrill, Oratz served at Goldman Sachs as a vice president in the private client
services division. Prior to joining UBS, Brown spent ten years in the private
banking and investment group at Merrill Lynch.

A $129
million team operating as The Borowiak/Sotland Wealth Management Group joined
Wells Fargo Advisors’ private client group in Buffalo, NY. The team is
comprised of financial advisors and private investment managers Matthew Sotland
and Donald Borowiak, who joined from UBS and have 57 years of combined
experience in the industry.

Florida-headquartered
Gibraltar Private Bank & Trust hired Douglas Sawyer as senior vice
president and market executive in Miami, FL. Sawyer is responsible for
administration and growth of the market's client portfolio as well as
development of the bank's fiduciary account area. Sawyer joined Gibraltar from
his role as president at Nason Consulting, a bank consulting company that
provides strategic, operational, regulatory, management, staff and market
guidance to community banks.

Dallas,
TX-based 1^st Global, a research and consulting partner to CPA and
wealth management firms, appointed Matt McBride as its new chief information
officer.

McBride
joined 1st Global from ADT Security Services, a division of Tyco International,
where he served as solution delivery director since 2011, responsible for all
technology delivery such as architecture, application, mobility and data
solutions for a $12 billion enterprise. In his new role as CIO, McBride oversees
the company's efforts to provide the tools, software and technology necessary
to run a wealth management business.

Illinois-based
Mesirow Financial hired Stephanie Feldman as a vice president and wealth
specialist, focused on the areas of estate and trust. Based in Chicago and
Highland Park, IL, Feldman operates as part of The Gordon Wealth Management Group,
which works with individuals, families, business owners, non-profits and
foundations. Feldman has 14 years of experience in the investment industry, the
last eight of which she spent as a senior trust officer at US Trust Bank.

A Portland,
OR-based team - comprised of senior advisor Joseph Opsahl and advisor Chris
Hatfield - left Merrill Lynch’s private client group to join TRUE Private
Wealth Advisors. Opsahl has nearly 30 years of experience in the financial
industry and spent the last four years with Merrill Lynch in Portland. Opsahl
provides wealth management, investment consulting and financial planning
services to high net worth families, corporations, retirement plans and foundations.
Hatfield also joined TRUE from Merrill Lynch’s Portland office.

US Bank
Wealth Management promoted Mike Ott to president of the Private Client Reserve,
the firm's high net worth business. Ott, who previously served as central
region president and Twin Cities market leader for the PCR, is a member of US
Bank’s Wealth Management Executive Committee. Ott joined Minneapolis-based US
Bank in 2009 as head of investments for the PCR in Twin Cities.

Florida-based
Chilton Trust Company, a trust company and wealth management firm, bolstered
its wealth management business with three senior hires.

The hires
include Harry Grand, senior vice president and head of client relations; David
Phelps Hamar, senior vice president and head of wealth advisory services; and
Benjamin Brewster, senior client relations advisor. Grand oversees all
relationship management activities for clients and is a member of the External
Managers Investment Committee. Before joining Chilton Trust, he was a senior
vice president and relationship manager at Lazard Wealth Management,
responsible for investment policy formation, asset allocation and client
relationship management.

Hamar is in
charge of wealth advisory services and for coordinating family office services.
He is latterly of Silvercrest Asset Management, where he held a range of roles
including as a managing director; member of the management committee; portfolio
manager; co-chairman of family office services; and director of global tax
services. Lastly, Brewster has been named senior client relations advisor. He
has over 25 years of industry experience, having previously advised family
office clients as managing director at Silvercrest Asset Management.

BMO Global
Asset Management bolstered its US investment team with the addition of Pete
Papageorgakis and Casey Hatch in Chicago, IL. Papageorgakis joined as managing
director, head of product development and management, while Hatch now serves as
associate, product development and management.  Papageorgakis oversees the
creation and implementation of investment strategies. Prior to joining BMO
Global Asset Management, he worked in product development and strategy roles
for a number of financial services providers. Hatch conducts industry and
competitor research for the creation and implementation of investment
strategies. Most recently, Hatch worked in product development, research and
analysis.

OppenheinerFunds
made three senior hires in New York as the firm strengthens its marketing
force. Joining from BlackRock as senior vice president of strategy and market
planning is Peter Mintzberg, who spent seven years at his former firm in a
range of roles including head of marketing and head of strategy, Latin America
and Iberia. Stephen Tisdalle joined as senior vice president of brand marketing
from Ogilvy & Mather, where he was a managing director in charge of
marketing services across the agency. Lastly, Rupa Athreya joined
OppenheimerFunds as head of product development, having latterly served as head
of strategy for Chase Wealth Management.

US Bank Wealth
Management appointed Leela Rao as director of business strategy for the Private
Client Reserve, which serves high net worth individuals, families and
foundations. Rao designs and implements business strategies that will
contribute to client acquisition, client retention and business growth, US Bank
said. Rao was formerly senior vice president and practice leader for
Think2Perform, an organizational management and business consulting firm.

James
Quigley, chief executive emeritus and a retired partner of Deloitte, was
elected to Wells Fargo’s board of directors. Quigley serves on the board’s
audit and examination committee. He served as CEO of Deloitte Touche Tohmatsu
(the Deloitte global network) from 2007 until 2011. After serving as CEO of
DTTL and Deloitte, Quigley retired as a senior partner with the latter in June
2012..  

Maryland-headquartered
Sandy Spring Break appointed three new team members to the Sandy Spring Trust
wealth management team, which serves high net worth and ultra high net worth
clients. The team includes Andrew Seested, private wealth advisor; Jennifer
Cumming, senior investment advisor; and Boris Wessely, senior investment
advisor. Prior to joining Sandy Spring Trust, Seested was a vice president and
senior relationship manager, while Cumming has experience as a vice president and
senior investment advisor. Wessely was formerly a vice president and senior
investment advisors.

UBS
recruited The Reinhold Group in Buffalo,
NY, from Morgan Stanley.

The group
is comprised of John Reinhold, who has $120 million in assets under management,
and Derek Reinhold, with $24 million. Derek Reinhold began his career as a
sales liaison with Morgan Stanley’s consulting group and its predecessor firm
in Wilmington, DE, in September 2005. A year later he was promoted to regional
consulting group technical analyst in Seattle, WA, and then onto Los Angeles,
CA, in the divisional office in August 2007.

HNW, Inc, a
US marketing and technology firm specializing in the financial services sector,
appointed James McLaine as group creative director. McLaine is responsible for
HNW’s creative services group, and as such is in charge of content strategy;
editorial and marketing communications services; user experience; and graphic
design. McLaine has over 18 years of experience working with firms - such as
American Express, BNY Mellon, Citigroup and Credit Suisse – in the area of
creative services.

Barclays
appointed Elyssa Kupferberg as a director and investment representative within
the firm’s wealth and investment management division, based in Palm Beach, FL.
Kupferberg - latterly of BNY Mellon - is charged with providing Barclays’
global wealth management programs and alternative investment strategies to high
net worth individuals, foundations, corporations and non-profit organizations. She
spent 14 years at her predecessor firm, BNY Mellon, most recently as the senior
sales director and senior vice president.

Long-time
financial advisor Mark Orgel launched Orgel Wealth Management, an
employee-owned, independent investment advisory firm based in Altoona, WI.

The new
firm serves individual investors, trusts, foundations, retirement plans and
corporations. Orgel previously worked at RBC Capital Markets.

Atlantic
Trust, the private wealth management division of Invesco, appointed Elizabeth
Connelly as a vice president and wealth strategist in Boston, MA.

Connelly
joined Atlantic Trust from the trusts and estates department of Rackemann,
Sawyer & Brewster, where she focused on estate planning, estate
administration, trust administration and tax work matters.

Morgan
Stanley Wealth Management recruited two financial advisory teams in Oklahoma
and Kentucky from Edward Jones and UBS respectively. Ted Bowling and Aaron
Bowling joined Morgan Stanley’s Oklahoma City, OK, office from Edward Jones.
Meanwhile, Robert Schneider joined the firm’s Louisville, KY, office from UBS.
Schneider is joined by his partner, Paige Abner-Peden, along with group
administrator, Stephanie Valsted, and senior registered associate Anne Cheaney.

RBC Wealth
Management hired Rob Spawn as senior managing director of the firm’s San
Francisco, CA, complex. Spawn joined RBC Wealth Management from UBS, where he
expanded the firm’s presence in Las Vegas; led
the Nevada-Utah and Houston
complexes, and, most recently, served as associate complex director for
Arizona/New Mexico. In his new role at RBC, Spawn oversees around 70 financial
advisors and 125 employees across San Francisco;
San Jose; Fresno;
Monterey; El Dorado Hills; Walnut
Creek; Santa Rosa; and Oakland.

New
York-headquartered Goldman Sachs said that Michael Evans, vice chairman and
global head of growth markets, decided to retire at the end of the year after
more than 20 years at the firm. He became a senior director upon his
retirement, the firm said in a statement. In 2003, Evans became global co-head
of the securities division, where he was responsible for investors and
companies globally.

Wells Fargo
Advisors Financial Network, the independent brokerage arm of Wells Fargo, named
Rick Calhoun as managing director of the firm’s innovation and growth team.
Calhoun represents the independent brokerage and its practices as regards
corporate strategies. He focuses on driving growth and developing practice
management strategies across the business. Calhoun joined Wells Fargo Advisors
Financial Network in 2008 and was most recently the northeast regional director
for the branch development group.

Wilmington
Trust bolstered its wealth advisory team in Florida with the addition of
Michael Engelbrecht and Michele Vogel as senior private client advisors, and
Katrina Lee as senior investment advisor. Engelbrecht, a managing director and
senior private client advisor, is responsible for providing wealth management
advice to high net worth individuals, families, business owners and
entrepreneurs. He has previously served as a managing director with Deutsche
Bank Securities. Meanwhile, Vogel provides wealth management advice to HNW
individuals, families, business owners and entrepreneurs, based in Palm Beach. Vogel
served as vice president at PNC Wealth Management in Palm Beach County, and was
a senior vice president and trust officer at Northern Trust prior to that. Lee
develops investment portfolios for HNW clients and foundations. She was
formerly executive director of Barnstar Funds.

Rothstein
Kass promoted five high-profile team members including new principals Miri
Forster, Sabrina Ho, Peter Kehrli and Jay Shepulski, and senior director Kevin
Sasz. Forster has nearly 20 years of IRS practice, procedure and controversy
experience. Shepulski provides audit, accounting and business advisory services
to domestic and international clients, in both publicly-traded and
privately-held sectors.. 

Ho provides
tax compliance and consulting services to high net worth individuals and family
offices, while Kehrli specializes in audit and tax services for domestic and
offshore alternative investment vehicles. Sasz, a senior director, oversees tax
issues and consults on trading strategies.

Citi Private
Bank made two senior ultra high net worth hires in Palm Beach, FL.

Phillip
Edwards was named a director and UHNW banker while Adam Gillam joined as a vice
president and UHNW private banker. Edwards most recently worked at JP Morgan
Private Bank and Genspring Family Offices in Palm Beach Gardens, FL.

Gillam
joined Citi from Wells Fargo in Palm Beach, where he was latterly a vice
president and senior private banker responsible for advising high net worth
families on all aspects of wealth management.

Rinehart
Wealth Management recruited three Charlotte, NC-based financial executives for
its newly-formed advisory board. G Kennedy Thompson, Charles Conner and Cindy
Wolfe work alongside Rinehart president and chief investment officer, Daniele
Donahoe, and founder and CEO, Mary Rinehart.

The new
board helps direct the firm on future growth and development goals, including
strategic planning and process improvement. Thompson is a principal at New
York-based Aquiline Capital Partners, having joined the private equity firm in
2009. Conner, meanwhile, is one of three co-founders of investment banking firm
Bowles Hollowell Conner, which was bought by First Union.

Wolfe has
26 years of experience in the banking industry and serves as metro Charlotte
market president for Bank of the Ozarks.

The
PrivateBank, part of Private Bancorp, appointed Rose Panico-Marino as managing
director of private wealth in Chicago,
IL, with a focus on retirement
plan solutions. Panico-Marino joined The PrivateBank from Verisight, where she
was managing director and part of a leadership team focused on devising
retirement plans for clients.

Raymond
James recruited the firm Provenance Wealth Advisors - consisting of 10 advisors
and 14 registered associates - in Fort Lauderdale, FL. The team was led by
owners Eric Zeitlin, Todd Moll, Lee Hediger and Scott Montgomery. They joined
Raymond James from Walnut Street Securities, where they managed more than $1
billion in client assets

BNY Mellon,
made a string of hires in recent months, and appointed Heneg Parthenay as chief
operating officer of BNY Mellon Asset Management International, based in
London. In his new role, Parthenay is responsible for assisting in the
management of BNY Mellon AM International, with a focus on developing and
implementing strategy for the insurance channel. Parthenay spent the last eight
years at Aviva, latterly on the executive team of their global asset management
arm, Aviva Investors.

SCBT Wealth
Management, part of First Financial Holdings, appointed David Kirkpatrick as
senior vice president and portfolio manager in its wealth management group. Kirkpatrick,
with more than ten years’ experience in the investment management industry,
previously spent six years with a southeastern regional bank, where he served
as a vice president and portfolio manager in the South Carolina market. In his
new role, Kirkpatrick focuses primarily on portfolio management for the South Carolina markets
of SCBT and First Federal.

New York-based Lebenthal Holdings, a woman-owned boutique
investment bank, launched Lebenthal Wealth Advisors, a private wealth advisory
division, led by Jeffrey Lane and Frank Campanale. Lane serves as chairman of the board of
Lebenthal Holdings, while Campanale serves as chairman and chief executive of
LWA. In addition, Andrew Grillo, a former regional director of Smith Barney,
is president of LWA; James B Lebenthal serves as chief investment officer and
market strategist; and James A Lebenthal has become chairman emeritus. Lane was
previously CEO of Bear Stearns Asset Management; chairman and CEO of Neuberger
Berman; and a vice chairman of Lehman Brothers. Campanale is latterly of First
Allied Wealth Management.

Cornerstone
Real Estate Advisers brought in Pamela Boneham from Deutsche Asset & Wealth
Management as a portfolio manager for one of its largest separate accounts.

Boneham
joined Cornerstone on October 21. She helps with Cornerstone’s business
development activities. Boneham has spent the last 16 years as a portfolio
manager and managing director for Deutsche Asset & Wealth Management -
formerly known as RREEF - where she was lead portfolio manager for several
public and corporate pension fund separate accounts.

Pacific
Trust Bank and The Private Bank of California, subsidiaries of Banc of
California, merged into a single entity named Banc of California. Pacific Trust
Bank completed its previously-announced sale of eight legacy branches in San
Diego, Riverside and Los Angeles counties to AmericanWest Bank, a Washington
state chartered bank.

Aviva
Investors Americas hired Jeff Jones as a high yield trader in Chicago, IL.

Jones
joined Aviva Investors from Tejas Securities Group, with over 10 years of
experience in the investment industry. He previously traded high yield bonds at
FBR Capital Markets, Barclays Capital, and worked as an analyst at Goldman
Sachs.

Opus
Capital Management, the Cincinnati, OH, employee-owned investment management
firm, added Nathan Bishop as a portfolio manager within its wealth management
team. Bishop was latterly chief investment officer and senior portfolio manager
at Haberer Registered Investment Advisor.

Investcorp
appointed Lionel Erdely as head of hedge funds and chief investment officer in
New York. Erdely joined from Lyxor Asset Management, a subsidiary of Societe
Generale Group, where he served as chief investment officer since 2004 and
chief executive of Lyxor since 2009. In his new role at Investcorp, Erdely
oversees the New York hedge fund group’s strategic direction and investment
decisions, as well as managing day-to-day operations. He also serves as a
member of the firm’s management committee.

Babson
Capital Management, the global asset management firm, brought in Ricardo
Adrogue and Brigitte Posch to lead the firm’s new emerging market debt
investment team, based in Boston, MA, and London, respectively. Adrogue joined
from Cabezon Investment Group, where he was an emerging market fixed income
portfolio manager. Posch joined Babson Capital from PIMCO, where she was
executive vice president and head of emerging market corporates. In their new
roles, Adrogue heads the team and oversees portfolio management activities for
sovereign and local currency strategies, while Posch heads up portfolio
management activities for all emerging market corporate debt strategies.

Chicago,
IL-based HighTower, the advisor-owned firm, named its chief operating officer,
Michael LaMena, as president. LaMena succeeds Drew Kornreich, who HighTower
said has moved into an advisor role focusing on corporate finance and strategic
M&A activities, while retaining his equity stake in the company.

LaMena has
been COO since 2011 and will retain this position alongside his new role as
president.

This move
is one of several executive team changes the firm has made. For example,
Michael Parker is now national director of HighTower’s enterprise development
and relationship management unit, overseeing business and advisor development
initiatives; Mike Papedis is national director of business development; and
Matthew Camden is now chief of staff, serving as a liaison between executive
management and departments across the firm.

First
Financial Trust & Asset Management Company hired Bradley Brown as senior
vice president, based in Orange, TX, until the firm opens a new office in
Beaumont next spring. Brown has been a principal of accounting firm Edgar,
Kiker & Cross since 1991.

RBC Wealth
Management added The Resin Hammitt Group to its Manhattan Beach, CA, office. Philip
Hammitt and Jonathan Resin joined RBC from Merrill Lynch and have a combined 40
years of experience in the financial services industry. In New York, RBC Wealth
Management appointed Ira Mark and Michael Berger as senior vice presidents and
financial advisors in Midtown. They have 22 and 14 years of industry experience
respectively. Nadira Ramnarain, senior registered client associate; Michael
Carlin, registered client associate; and Jessica Laurino, registered client
associate, also joined.

PENSCO
Trust Company, an alternative asset custodian, appointed Eileen Loustau as head
of marketing. Loustau, with more than 20 years’ marketing experience, most
recently served at BlackRock as global head of social media, where she was
responsible for building its social media program. In her new role, Loustau is
responsible for PENSCO's marketing and communications strategy. 

Richard
Bernstein Advisors, an investment firm founded in 2010 by former Merrill Lynch
chief investment strategist Rich Bernstein, hired Terry Ober as a regional
investment specialist covering the Northeastern part of the US. John McCombe,
president of RBA, said that Ober works closely with the firm’s “key partners” -
Eaton Vance and First Trust - on portfolio positioning across various asset
allocation and equity strategies. Ober was previously regional vice president
for ING US Investment Management.  

Independent
financial advisors Romaine Macomb and Theresa Donatelli joined LPL Financial’s
Northstar Wealth Partners office. In their move to Northstar, they were joined
by retirement plan coordinator, Ellie Kasimir.

Lincoln
Financial Network, the retail wealth management affiliate of Lincoln Financial
Group, appointed Gene Mulligan - latterly of Merrill Lynch - as senior vice
president for investment products and platform. Mulligan leads LFN’s wealth
management platform, including its managed account strategy, products and operations.
Mulligan is formerly of Merrill Lynch Global Investment Solutions, where he was
a managing director as well as head of business strategy and development for
the Merrill Lynch global investment and advisory platforms. The move comes
after Bill Fortner was appointed in June as managing director of Lincoln
Financial Advisors to lead the Pacific regional planning group.

Palm Beach,
FL-based Chilton Trust Company, a trust company and wealth management firm,
hired three senior wealth management professionals.

Harry Grand
is the firm’s new senior vice president and head of client relations; David
Hamar joined as senior vice president and head of wealth advisory services; and
Benjamin Brewster is a senior client relations advisor. Grand oversees all
relationship management activities for clients and is a member of the external
managers investment committee. Before joining the firm, Grand served as a
senior vice president and relationship manager at Lazard Wealth Management,
where he was responsible for investment policy formation, asset allocation and
client relationship management.

Hamar oversees
wealth advisory services and coordinates family office services for various
clients. He was previously a managing director, portfolio manager, co-chairman
of family office services and director of global tax services at Silvercrest
Asset Management. Brewster serves as a senior client relations advisor to US
clients and works on the firm's strategic initiatives. Brewster has over 25
years of experience in the industry, having previously served as a managing
director at Silvercrest Asset Management. Along with these hires, Chilton Trust
also announced that senior vice president John Rau has assumed the position of
head of fiduciary services and oversees all fiduciary and trust-related
services for the firm. 

Executive
recruiter Laura Pollock launched Third Street Partners, a New York City-based
executive search firm specializing in the investment management sector.

Pollock was
latterly a partner at David Barrett Partners. David Schumer joined Third Street
Partners as a principal from David Barrett Partners, where he was a consultant.

Wellesley,
MA-based Robert Norberg joined Weston Financial, a division of Washington Trust
Wealth Management, as vice president and business development officer. Norberg
joined Washington Trust after 18 years at Fidelity Investments, where he most
recently served as vice president of client service operations and process
improvement for Fidelity’s stock plan services business.

In his new
role, Norberg oversees Weston’s corporate relationships and helps companies
develop financial planning programs for executives.  

Lia
Yaffar-Pena, president at ES Financial Services, the brokerage unit of Miami,
FL-based Espirito Santo Bank, left the firm to “pursue other interests”. Yaffar-Pena
was also senior vice president and head of the bank’s wealth management division.
Lionel Baugh was brought in as president of the brokerage when Yaffar-Pena
announced her departure. Baugh joined from Global Strategic Investments, where
he worked from 2009 until 2012 as president and chief executive.

HD Vest,
the independent broker-dealer focused on tax and financial planning, named Ruth
Papazian as chief marketing officer and head of recruiting, and appointed Adi
Garg as chief information officer. Specifically, Papazian oversees HD
Vest’s advisor recruiting and marketing communication activities. She has over
30 years of experience serving in these types of role, having latterly been
executive vice president and chief marketing officer for LPL Financial. Meanwhile,
Garg was most recently vice president for Cash America, where he led strategy
and infrastructure operations.

United
Capital Financial Advisers acquired a Scottsdale, AZ-based wealth management
firm called Brotherton Investment Consultants, in a move adding some $150
million in assets under advisement. Brotherton Investment Consultants was
founded in 1998 by husband-and-wife Donna and John Brotherton, who have 26 and
32 years of industry experience respectively. They join United Capital as
managing directors.

Stephanie
Zaffos joined Convergent Wealth Advisors as the firm’s director of trust and
estate planning. Zaffos has 15 years of industry experience - at firms
including Venable, Proskauer Rose and Katten Muchin Rosenman - and specializes
in estate planning for ultra high net worth clients.

Durraj
Tase, an experienced capital markets executive, launched a new registered
investment advisory firm called DT Investments in New Jersey. Most recently,
Tase worked at Deutsche Bank Private Bank as head of the Americas market
coverage group. He was also responsible for marketing, sales, regulatory,
client relationships and client suitability matters for the private bank brokerage
business.

JP Morgan Chase & Co appointed Dana Deasy as chief
information officer, responsible for the New York-listed firm’s technology
systems and infrastructure across all of its business globally. Mike Ashworth, was named deputy CIO
for the company and CIO for the consumer and community banking business. Deasy
will join in December from BP, the $400 billion global energy company, where he
was chief information officer and group vice president responsible for global
IT, procurement and global real estate.

HSBC Global
Asset Management, part of the UK/Hong Kong-listed banking group HSBC, appointed
Mary Bowers as a senior global high yield fund manager in its global fixed
income team, based in New York. Bowers manages the HSBC GIF Global High Yield
Bond Fund and the recently-launched HSBC GIF Global Short Duration High Yield
Bond Fund. Bowers previously worked at Aberdeen Asset Management/Artio Global
Investors (formerly Julius Baer Asset Management) in New York, where she had
ten years of experience in global high yield portfolio management.

New
York-headquartered Goldman Sachs named Robert Zoellick, former president of the
World Bank Group, as chairman of the firm’s 16-strong team of international
advisors. Zoellick advises Goldman Sachs on global strategic issues and oversees
the work of its international advisors. Zoellick completed his five-year term
as president of the World Bank Group in June 2012. Prior to his appointment to
the World Bank in 2007, he served for a year as vice chairman, international,
at Goldman Sachs.

Two
financial advisory teams with a total of $439 million in combined assets under
management joined Wells Fargo Advisors’ private client group. John Phillips,
Darrell Jones and Scott Dickerson joined the Salt Lake City, UT, branch from
UBS. Meanwhile, the Climer Wealth Management Group - comprised of father-son
team Michael and Wes Climer - joined in Charlotte,
NC, from Merrill Lynch, Pierce,
Fenner & Smith. 

US Bank
Wealth Management promoted Bryan Benedict to private banking managing director
for The Private Client Reserve of US Bank in Minneapolis, while it also hired
Kane Phillips as a wealth management consultant for the PCR in Seattle.
Benedict leads a team of private bankers serving high net worth individuals and
their families. He was previously a commercial banker with Excel Bank and
a bank examiner with The Federal Reserve Bank of Minneapolis. In his new
role, he works to create connections among prospective and existing clients
within the Puget Sound region, US Bank said.

Gupta
Wealth Management, a seven-strong former UBS financial advisory team, is now a
$540 million assets under management registered investment advisor with the
Securities and Exchange Commission. The team, led by Ajay Gupta, provides
clients with financial and investment strategies including wealth transfer and
preservation, business services, retirement strategies and solutions, estate
planning strategies, private money management and concentrated stock
strategies. Gupta has been a financial advisor for 20 years, with early roots
at Merrill Lynch and then UBS.

RBC Wealth
Management appointed Ira Mark and Michael Berger as senior vice presidents and
financial advisors in Midtown, NY. Mark and Berger joined RBC Wealth Management
from Morgan Stanley, where they managed around $1 billion in client assets.
Also joining RBC Wealth Management was Nadira Ramnarain, senior registered
client associate; Michael Carlin, registered client associate; and Jessica
Laurino, registered client associate. RBC also added The DiChiaro-Bourgault
Group to its Providence, RI, office. The DiChiaro-Bourgault Group joined from
JP Morgan Securities and has some $192 million in assets under management.

New
York-listed Genworth Financial Wealth Management established the company's
governing board of directors, as it appointed industry veterans Charles
Goldman, Hal Strong and Steven Spiegel. Goldman joined as chairman of the
board, having previously served as president of custody and clearing at
Fidelity Investments. Prior to this, Strong was vice chairman of Russell
Investments, having previously served as chief operating officer, chief
financial officer, head of alternative investments and head of investment
banking. Spiegel is a partner at Aquiline Capital Partners and has significant
experience leading asset management firms. He was previously vice chairman of
Putnam Investments.

BNY Mellon
appointed Helen Nugent to a newly-created role as a managing director of sales
to lead business development efforts in BNY Mellon Wealth Management’s
Southeast region, as the firm continues to build out this part of its business.

Nugent
oversees a team of five sales directors across a six-state region.

Nugent
joined BNY Mellon from Northern Trust, where she held a number of leadership
roles over a period of 18 years. Most recently, as senior vice president she
drove a pilot program serving not-for-profits, endowments and foundations.

Sarah
Bewley left her role as a fund analyst at the UK investment manager Quilter
Cheviot to take up a similar position at TD Bank in Toronto, Canada.

At Quilter
Cheviot, Bewley covered US, Asia and emerging market funds.

Having
started in her new role as a senior fund analyst within the portfolio advice
and investment research team at TD Bank in September, Bewley will now focus on
developing model portfolios for clients, a TD spokesperson said. Relocating to
London in 2008, Bewley served as a fund analyst at Morningstar OBSR, where she
worked for three years.

Charles
Cauthen, executive vice president and chief financial officer at Tampa,
FL-based Walter Investment Management, is leaving the firm in early 2014.

The firm
said Cauthen joined former parent company, Walter Energy, in November 2000.

Janney
Montgomery Scott, the Philadelphia, PA-based wealth management and investment
banking firm, took on an eight-strong advisor team in West Hartford, CT.

The team is
comprised of Robert Black, Ned Manuel and Ed Blumenthal – all senior vice
presidents of wealth management; Bob Borkowski, vice president of wealth
management; Malcolm Berman, account executive; Samantha Prokop, private client
assistant; Jennifer Roth, a registered private client assistant; and Amy Wells,
a private client assistant. The team is latterly of Merrill Lynch. In August,
Janney appointed Peter Price as senior vice president/complex manager of the
firm’s Maine and New Hampshire complex, while earlier in the month it added
former Morgan Stanley senior manager Vincent Crognale to its Greenville, DL,
branch office as first vice president/wealth management.

Northern
Trust, the New York-listed wealth management firm, named Drake Jackman as
managing director of its international wealth advisory team in Miami, FL.

Jackman is
charged with growing Northern Trust’s international business in Miami and
beyond, while providing ultra high net worth clients across Latin America with
wealth management, trust and banking services. Jackman previously worked with
Northern Trust clients throughout the Latin American market and has spent time
living in Mexico, Central America and Colombia during his career.

AIG Advisor
Group, an independent broker-dealer network, promoted Erica McGinnis to serve
as president and chief executive. She most recently served as senior vice
president and chief compliance officer. Along with the senior leadership team
at Advisor Group, she pursues strategies to enhance the service platform to
better serve current financial advisors and to attract new registered
representatives to the organization. In her previous role, McGinnis oversaw all
supervisory activities for Advisor Group.

Morgan
Stanley’s Graystone Consulting appointed Garry Bridgeman as an executive
director, financial advisor and institutional consulting director within its
wealth management business in Atlanta, GA. Bridgeman provides consulting
services to philanthropic organizations, governments, corporations and
individuals. He spent over 34 years as a global institutional consultant and
private wealth advisor at Merrill Lynch, but most recently worked within the
private banking and investment group.

Merrill
Lynch Wealth Management hired an advisor team from UBS Private Wealth
Management with over $1 billion in assets and over $11 million in production.

The team -
comprised of Stephen Ruvituso, Lee Konopka, Robert Matluck and Todd Stankiewicz
- joined Merrill’s White Plains, NY, complex. Meanwhile, Robert Brust joined
Merrill’s Ponte Verda, FL, office from Wells Fargo.

Chicago,
IL-based investment management firm RiverNorth Capital Management bolstered its
team with three new appointments. David Gifford joined RiverNorth as an
investment analyst. Chris Lakumb is a portfolio specialist and responsible for
supporting the investment management team and serving as a liaison between
RiverNorth’s portfolio managers and investor base.

Paul Raskin
joined as a software developer, responsible for data operations and the
development of core infrastructure and proprietary trading systems. Gifford previously
worked as a senior trader on the equity desk at Wolverine Trading for 11 years.
Lakumb has rejoined RiverNorth after relocating to California to work for EverBank as a wealth
management specialist. Raskin has spent more than five years writing financial
software, and most recently wrote futures and options trading applications as a
software developer for RJ O’Brien & Associates.

Raymond
James recruited a team of advisors operating as TSD Capital Group - an
independent firm in Athens, GA - to Raymond James Financial Services, the
firm’s independent broker-dealer. The team includes Bill Schroth, senior
investment advisor and TSD managing partner; Joseph Taylor, senior investment
advisor and TSD managing director; Kip Dominy, senior investment advisor and
TSD partner; financial advisors Bruce Kelly and Ken Hyatt; senior registered
administrative assistant Leigh Anne Kane; and senior administrative assistant
Anna Richardson.

The team
came to Raymond James from Wells Fargo Financial Advisors Network.

Howard
Altman, co-chief executive and principal-in-charge of Rothstein Kass’ financial
services group, was named as treasurer of the Managed Funds Association.

Altman will
also serve for one year as a member of the MFA’s board of directors.

Manulife
Asset Management hired Richard Bonzagni as a managing director within the
firm’s global consultant relations team. He spent the last 13 years with
Cadence Capital Management, a Boston-based boutique investment manager - most
recently as a principal with consultant relations, sales and client service
responsibilities.

Kansas-based
Mariner Wealth Advisors, the independent wealth advisory firm, brought in
Robert Swift as senior vice president of trust and estate planning.

Swift has
25 years of industry experience and joins Mariner from Colorado State Bank and Trust,
where he most recently served as senior vice president and trust manager.
 

BNY Mellon
Wealth Management hired Peter Balesano as senior director for business
development in Westborough, MA. Balesano has 25 years of investment management.
Prior to joining BNY Mellon, he was manager of the wealth management group for
People’s United Bank.

Deutsche
Asset & Wealth Management made four hires to its real estate investment
business in the Americas.
Matthew Jaffe joined as a director and alternative investment specialist in the
global client group. Jaffe previously served as director in the global markets
team at Societe Generale, responsible for marketing across the Eastern US.
Peter Mette joined as a director in the real estate transactions team to focus
on acquisitions in Southern California.

Mette has
over 20 years of industry experience, having most recently been a senior vice
president, and director of acquisitions and dispositions, at KBS Realty Advisors.
Meanwhile, joining as vice president in the real estate asset management team,
Cheryl Charnas will be based in Chicago, IL. Charnas has around 20 years of
experience in commercial real estate and most recently worked as a project
director of transitional assets, and vice president of asset management at
Inland American Business Manager & Advisor. Lastly, Emily Zagorski was named
vice president to lead product development across the real estate investment
platform. Zagorski is latterly of JP Morgan Global Wealth Management.

Wells Fargo
Advisors hired a New York-based team of financial advisors with more than $1 billion
in client assets and a combined production of $5.8 million.

The Alpert
Group joined Wells Fargo in Woodbury,
NY after leaving Morgan Stanley
Wealth Management. The team includes Robert Alpert, Charles Ladenheim, Robert
Fusaro and Michael Montuori. Five client associates - Lisa Alpert, Ann-Marie
Iovino, Mary Anne Leap, Kathleen LoBello and Caroline Roman - complete the Alpert
Group team.