UK moves

One of the biggest sets of moves took place at the wealth
and investment arm of Barclays. It appointed Peter Horrell as its chief
executive, having held the role on an interim basis since 1 May this year.
Horrell reports to Antony Jenkins, CEO for the entire UK-listed banking group.
When he took on the role this year following the retirement from the position
of Tom Kalaris, Horrell was given the job exploring ways of working more
closely with the corporate and retail banks as a platform for future growth.

The announcement followed some high-level changes at the
wealth management operation. Emmanuel Fievet and David Semaya left the firm.
Fievet, who has been head of wealth management UK
and Europe, has decided to leave Barclays
after five years in senior management roles. Henry Fischel-Bock replaces
Fievet. Semaya, meanwhile, departs after starting his career at Barclays in
2004, leading and growing Barclays Global Investors Japan.

Stefanie Drews, the head of key clients and family offices,
left Barclays’ wealth and investment management business, having the joined the
UK-listed firm in September 2010, joining from Morgan Stanley. It is understood
that Drews’ responsibilities have been picked up by the team at Barclays.

City Financial Investment, the London-based independent fund
manager, appointed Peter Toogood as an investment director and Gill Hutchinson
as head of investment research. Toogood and Hutchinson have a combined 35
years’ experience in fund research and consultancy. They left Morningstar OBSR
where Toogood was an investment services director and Hutchinson served as head of investment
consultancy.

Schroders appointed Craig Botham as emerging market
economist in its global economics team, reporting to chief economist Keith
Wade. He joined Schroders in June 2013, focusing on the monitoring and analysis
of emerging market economies. Schroders appointed Mark Lacey as a co-fund
manager on the Schroder ISF Global Energy and Schroder ISF Small Cap Energy
funds. He reports to global head of equities Peter Harrison. He has over 17
years’ of investment experience in the global energy sector and joins from
commodities trader Mercuria Global Energy Solutions.

The firm also appointed Divyesh Hindocha as global head of
product and defined contribution. Reporting to executive vice-chairman Massimo
Tosato, Hindocha took over the role from Gavin Ralston, who has covered the
position on an interim basis since his promotion to head of official
institutions last year. Hindocha joined from global financial services
consultancy Mercer, where he was senior partner and global director of
consulting, responsible for Mercer’s strategic research capabilities globally.

ETF Securities appointed Liz Wright as UK IFA sales
director, reporting to Frank Spiteri, head of retail distribution strategy.
Wright is responsible for promoting the use of ETPs and the IFA client base.
Wright was most recently at Barclays Wealth Management working within the
group’s investment management and wealth intermediaries divisions.  Prior to this, she worked for UBS Wealth
Management.

The World Gold Council, the market development organisation
for the gold industry, elected Randall Oliphant as its new chairman, succeeding
Ian Telfer. Oliphant is executive chairman of the Canadian gold producer New
Gold and has worked in the industry for almost 30 years.

Rathbone Unit Trust Management added Ben Johnson as an
associate sales director, with responsibility for client relationships and
sales in the South West, South Wales and the Midlands.
Johnson reports to Rathbones’ sales director, Greg Mullins at the firm’s London headquarters. Most
recently Johnson served in a similar role at AXA IM. Before that, he was at
Hargreaves Lansdown, where he joined the graduate trainee programme and
progressed to the role of investment consultant.

Legal & General said Chris Last, chief executive of
investment platform Cofunds,  decided to
retire at the end of October after over 40 years at Legal & General.

Legal & General appointed David Hobbs to replace him, subject
to Financial Conduct Authority approval. Last became chief executive of Cofunds
in May, following the acquisition by Legal & General.

Smith & Williamson appointed Andrew Sykes as chairman of
the board and David Cobb and Kevin Stopps as co-chief executives. The changes
were prompted by the planned retirement of Gareth Pearce following 27 years
with the group. Sykes joined the board in 2004 and was appointed deputy
chairman in 2008. Before this, he was an executive director at Schroders. Cobb
and Stopps both joined the firm over 25 years ago. Cobb became head of
investment management and banking in 2007 and Stopps took the lead for the tax
and business services division in 2010.

Kames Capital, the UK asset management arm of Aegon,
appointed Martin Davis as chief executive officer. He replaced interim chief
executive Sarah Russell.

Davis
has more than 20 years’ experience in financial services, most recently as
chief executive of Cofunds, where he oversaw the platform’s transition through
the UK Retail Distribution Review.

ECM Asset Management, the fixed income and credit manager
which is owned by US giant Wells Fargo, appointed Chris Telfer as specialist
portfolio manager. Telfer trades financials and sovereigns across ECM’s
strategies, reporting to Ross Pamphilon, co-chief investment officer and
portfolio manager. Telfer began his career at Morgan Stanley working on the
convertible bonds desk. Before joining ECM, Telfer spent three years as a
credit trader at Barclays Capital.

Natixis Global Asset Management, part of the French asset
management group Natixis, appointed Matthew Shafer as managing director of UK
retail and global key accounts, reporting to Hervé Guinamant, president and
chief executive of Natixis Global Asset Management - international
distribution. He replaced his predecessor Ed Farrington, who is moving to a new
role in the firm’s Boston
office. Shafer joined from Merrill Lynch, where he was head of EMEA Sales,
offshore funds, alternative investments and managed products.

Aberdeen Asset Management's chief executive Martin Gilbert
was appointed to the new Financial Services Trade and Investment Board, set up
by the UK
government to promote the financial services industry. The board was
established by the Chancellor in the 2013 Budget as part of the government’s
drive to promote external trade, attract inward investment and lift market
access barriers for the UK’s
financial services sector. Five independent external members will also join the
board, including Ana Botin, chief executive of Santander UK, Douglas Flint,
chairman of HSBC, Martin Scicluna, chairman of RSA, and Xavier Rolet, chief
executive of the London Stock Exchange Group.

Arbuthnot Latham appointed Richard Kay as a senior private
banker attached to the media and entertainment team. He joined from Coutts,
where he was one of the founding bankers of Coutts’ sports and entertainment
team, specialising in the areas of music, television, film and theatre.

Weatherbys Bank appointed Duncan Gourlay as its first
Scotland-based private banker. Based in Edinburgh,
Gourlay provides core banking services to Weatherbys’ clients in Scotland, as
well as its investment service which operates through a panel of discretionary
fund managers. He joined from Barclays Wealth, where he was a senior private
banker.

UK law
firm Brown Rudnick appointed Sophie McGrath and Peter Bibby as partners at its London office. McGrath
will work with Brown Rudnick's corporate team, focusing on the life science,
technology and cleantech sectors. She joined from Morrison & Foerster,
where she worked primarily on the venture capital and private equity sectors.
Bibby joined the firm’s international white collar and investigations practice,
which has doubled in size in the last 12 months following several senior appointments.

Swiss banking group SYZ & CO appointed Ian Penrose as
distribution director for the UK.
Penrose joined SYZ Asset Management from Barclays Capital Funds & Advisory,
where he was responsible for leading distribution of Barclays’ range of UCITS
III funds to UK
fund buyers, including funds of funds, discretionary wealth managers, advisory
IFAs, networks, nationals, life insurers and platforms. Before that, he served
at Gartmore Investment Management as account director and sales manager for
five years.

Rowan Dartington, the discretionary wealth manager, opened a
new office in Exeter
as part of its continued expansion in the south west. The Bristol-based
independent wealth manager brought in Mike Townsend to head up the new
location. Townsend, with more than 35 years’ experience across wealth
management, joined Rowan Dartington from Coutts, including trust and estates,
financial planning, investments and private banking.

Investec Wealth and Investment, part of UK and South
Africa-listed Investec, appointed John Wyn-Evans as head of investment
strategy. Wyn-Evans, with nearly 30 years’ experience in financial services,
began his career at Fielding Newson-Smith before moving to Smith New Court
(subsequently Merrill Lynch), where he worked in London and New York as a
director of UK and European equity sales.

In 1999 he joined Lehman Brothers as executive director, UK and European
equity sales before moving to Nomura in 2008 in the same position. Most
recently he served as a consultant to Troy Asset Management, developing
thematic research on economics, strategy and asset allocation.

Matthews Asia appointed Simon Dale to the newly-created role
of senior vice president, head of European business development. Dale, with
more than 20 years’ experience in the retail financial services industry,
previously spent 12 years as a UK
sales manager at Invesco Perpetual, where he directed the activities of the UK retail sales
team. Based in London,
he reports to Jonathan Schuman, head of global business development.

Coutts appointed Stephen Eales as an executive director,
chief operating officer for banking, credit and treasury products. Eales
succeeded Donna Francioni who was appointed as the firm’s new head of banking
products. Francioni takes international responsibility for all banking products
across the wealth division and both the current day to day banking, and cash
management product teams report to her.

Eales, with more than 25 years’ experience gained from a
number of financial institutions, most recently served as a senior risk manager
in strategic risk and ERM at Deutsche Bank.

Canadian-headquartered firm Canaccord Genuity Wealth
Management appointed Andy Finch as head of wealth management in Guernsey. Finch reports to chief executive Grahame Lovett
and replaces Charlie Roger. Finch has been at the firm for over a decade and is
responsible for running the Guernsey front
office and promoting Canaccord Genuity’s wealth management services to local
and international clients.

Norwegian fund manager SKAGEN appointed Hilde Jenssen as a
portfolio manager to its emerging markets equity fund, the SKAGEN Kon-Tiki
fund. Jenssen has almost two decades of capital markets experience and joined
from Skyview Investment Advisors in the US.

Julius Baer appointed Mazy Moghadam to its London office, working as a senior
relationship manager, holding the rank of managing director senior advisor.

Formerly, Moghadam was a managing director in the private
client services group at Bear Stearns in London.
Before Bear Stearns, he was an executive director at Goldman Sachs and an
associate in mergers and acquisitions at Morgan Stanley in London.

Misys appointed Frank Brienzi as its new president and chief
sales officer, a newly created role. Brienzi previously worked at Oracle as
senior vice president and general manager of Oracle Financial Services.

London-based property fund manager Mayfair Capital
Investment Management appointed Frances Ketteringham as director of research
and investment strategy. Ketteringham was previously an associate director at
Jones Lang LaSalle, where she spent six years as part of the Europe, Middle
East and Africa research team, focusing
initially on the office sector, before specialising in capital markets.

Investec Wealth and Investment expanded its Glasgow office with the appointment of four
senior investment professionals. Alastair Cumming, Clifford George, George Hunt
and David Paterson joined IW&I from Barclays in Glasgow, having previously been part of the
Gerrard business before it was acquired by Barclays in 2003.

Global accounting firm EY, which changed its brand name from
Ernst & Young earlier this year, appointed Sheila Nicoll, the former
director of conduct policy at the Financial Services Authority, to its asset
management practice as a senior advisor. She announced her resignation from the
FSA in January this year and left when it became the Financial Conduct
Authority in April.

AXA UK,
part of the French-listed AXA group, appointed Bertrand Poupart-Lafarge as
chief financial officer. He replaced Jean Drouffe, who took up a leadership
position in AXA France. Poupart-Lafarge joined AXA in 1996, holding several
positions in investments before taking charge of the department in 2003.

Miton Group appointed Giles Robinson as regional sales
manager covering wealth management accounts in London,
the southeast region and the Channel Islands.

Robinson previously served at Cazenove Capital Management
where he was a discretionary sales manager for London,
the South and the Channel Islands - a position
he held since 2007.

The ECU Group, a currency management firm headquartered in
the UK,
appointed Elisabeth Silva to the newly created role of manager, client
development. Silva joined from Frontier Investment Management, where she was a
relationship manager serving as the central point of contact with retail and
small institutional clients, family offices and charities. 

Fidelity Worldwide Investment said Allan Liu was stepping
down as manager of the UK-domiciled Fidelity South East Asia Fund at the end of
the year. He was due to be replaced by Teera Chanpongsang, effective 1 January
2014. The firm also said Sanjeev Shah was stepping down as manager of the
Fidelity Special Situations Fund, to take up a new role training new managers.
Shah was due to be replaced as manager of the fund by Alex Wright on 1 January
2014.

Miton Group, the UK-based fund manager, appointed David
Barron as director of investment trusts and product strategy. Barron, with more
than 30 years’ experience in the financial sector, was previously at JP Morgan
Asset Management, having joined Fleming Investment Management in 1995.

iShares, the exchange-traded funds platform of BlackRock,
appointed Grant Davies as director of the client execution sales team for
Europe, Middle East and Africa.

Davies has 22 years of capital markets experience and joined
from JP Morgan Chase, where he led the firm’s collateral management
relationship management sales teams for EMEA from November 2008.

Rosalyn Breedy and her UK-based law firm Breedy Henderson
joined Forsters, another law firm. As part of the move, Breedy relocated to
Forsters' offices at Hill Street,
London. Forsters has 43 partners
and 230 members of staff and serves corporate and institutional clients.

AXA Wealth appointed Alistair Welham as the new head of
marketing to help drive the company’s traditional and digital marketing
strategy. Reporting to David Thompson, managing director of Elevate, Welham is
responsible for digital marketing, with a specific focus on the Elevate
platform. His most recent role was with Virgin Money, where he was in charge of
customer marketing.

Legal & General Investment Management appointed Justin
Onuekwusi as a fund manager. Onuekwusi joined LGIM’s 18-strong strategic
investment and risk management team, which specialises in multi-asset solutions
and pooled funds, from Aviva Investors where he was lead manager on a range of
the firm’s risk-targeting multi-asset funds.

Switzerland

EFG Bank, EFG International’s principal Swiss subsidiary,
appointed a former top banker at BSI, Jean-Louis Platteau, as head of private
banking in Geneva.
He reports to John Williamson, group chief executive, in the latter’s capacity
as chief executive officer, EFG Bank. The Geneva
position had been left vacant following the departure of Ludovic
Chechin-Laurans, who had been head of private banking, Switzerland.
Chechin-Laurans is moving to the Bahamas to start a new business
venture but continues to collaborate with EFG International.

Jean-Louis Platteau was formerly head of private banking Switzerland (Romandie), and Geneva branch manager, for BSI. Before that,
from 2008-2011, he was CEO of private banking, and member of the executive
board, at Banque Cantonale de Genève. Earlier roles included those of CEO of
Dexia Suisse and various client facing positions in Europe as well as Asia.

The Swiss government appointed high-ranking diplomat,
Ambassador Jacques de Watteville, as the State Secretary for International
Financial and Tax Matters in the Federal Department of Finance. He succeeded
State Secretary Michael Ambühl, who takes on a negotiation and conflict
management professorship at the Swiss Federal Institute of Technology in Zurich.

Bank J Safra Sarasin added four managers to its asset
management team, including a new head of its equities team.

Florian Esterer is the new head of asset management
equities; he was joined by Thomas Zbinden, who is senior portfolio manager and
Christoph Lang, taking up the role of portfolio manager. Helmut Kotschwar
appointed to the new role of head of investment centre.

The grand council of the Kantonalbank in Basel, Switzerland,
elected the senior finance professional Michel Rusterholtz to its board of directors.
An election was held to replace a vacant seat in the board of directors for the
Basler Kantonalbank.

Esterer joined from MainFirst, where since 2011 he was a
senior portfolio manager for global equities. Kotschwar joined from SAM
Sustainable Asset Management, where since 2008 he was senior investment
strategist and head of portfolio analysis.

Zbinden joined from Swisscanto, where since 2007 he was
senior portfolio manager.

Lang joined from Zurich Kantonal Bank, where since 2010 he
was a senior quant portfolio manager.

Nerine Group of Fiduciaries, part of financial services
provider Nerine Group, appointed Walter Ferrari to the role of finance director
in its Geneva
office.

Ferrari, with more than 25 years’ professional experience
within the finance industry, served a number of international finance
companies, and was also a senior member of staff for a private family office
where he was responsible for their accounting and finance requirements.

Europe

Deutsche Bank appointed Boris Liedtke as chief country
officer for Luxembourg,
taking over from Ernst Wilhelm Contzen, effective 1 January 2014.

He reports to Stephan Leithner, chief executive officer
Europe (except Germany and UK) of human
resources, legal, compliance, government & regulatory affairs. Liedtke has
worked for the German bank for almost 20 years.

Liechtenstein-headquartered VP Bank Group said Max Katz has
decided to leave its board of directors. A candidate to replace Katz will be
proposed for election to the board at the annual general meeting of
shareholders, due for 25 April, 2014. Katz left the board for personal reasons.

Schroders appointed Pieter Dalderop as head of institutional
clients for Netherlands, Belgium and Luxembourg. Dalderop joined from Royal
Bank of Scotland in London.

Danske Bank replaced its chief executive officer Eivind
Kolding, who is resigning today, effective immediately. Thomas F Borgen was
appointed as the new chief executive officer.

Mirabaud appointed ​​Xavier Busquets Romagosa as regional
director of asset management in Catalonia,
and Raul Ibanez Nieto, as wealth management director. Both men are based in Barcelona. Xavier Busquets
Romagosa accredits more than 15 years experience in the financial sector,
mainly with Banco Santander, where he served as deputy director of private
banking, focused on ultra high net worth individuals. Raul Ibanez Nieto has
worked at Mirabaud Popular Private Banking; serving as a director in Barcelona since 2008. He
previously worked at Santander Private Banking and Banking Sabadell.

Rothschild appointed Christian Muller and Thomas Kunz to its
wealth management business, with effect from 1 March 2014. Muller and Kunz will
join to create a new team whose focus will primarily be on advising Swiss
domiciled clients with international interests. Both report to Riccardo
Petrachi, co-head private clients, Zurich.  The duo join Rothschild from UBS where they
have served for more than 12 years.

Jersey-based GoldMoney, an online provider of trading and
storage facilities for physical precious metals, appointed Martyn White as head
of European business development. White, with more than 15 years’ experience in
senior roles, previously served at two offshore law firms in Jersey.

KBL European Private Bankers hired Stefan Van Geyt as the
group chief investment officer, based in Luxembourg. Van Geyt works with
both the senior management of the group and local chief investment officers
across KBL’s pan-European network, as well as developing client products and
discretionary mandates.

Prior to joining the firm, he served as director of
investments at BNP Paribas Fortis in Belgium.

Tikehau Group, the Paris-based investment manager, appointed
Cécile Mayer-Levi, based in Paris, and Patrick Marshall, based in London, to its private
debt team.

The team is headed by Mathieu Chabran, co-founder of the
Tikehau Group.

Mayer-Levi, with more than 26 years’ experience in financing
investment and corporate finance, began her career at Merrill Lynch in the
corporate finance department, and M&A in Paris
and New York.  Marshall, with
more than 17 years’ experience in credit, risk management and loan portfolio
management, including leveraged loans and distressed debt in London, began his career at PWC then Société
Générale and NM Rothschild & Sons.

BNY Mellon named Eric Pulinx as chief financial officer of
its European banking entity, called The Bank of New York Mellon SA/NV. He
joined after four years with bpost Bank (Belgian Postal Bank), where he was
latterly CFO, chief risk officer and a member of the executive committee.
Previously he spent over 10 years with KPMG.

The Stonehage Group, a European multi-family office for
ultra high net worth families and entrepreneurs, hired Simon Clark as managing
director of group services.

In his new role, Clark is
responsible for Stonehage’s compliance, information technology, human
resources, facilities and change management teams. He joined from investment
manager ACPI, where he was chief operating officer.

Middle East and Africa

Societe Generale Private Banking appointed Vincent Combes as
global market manager for Africa, replacing
Jean-Paul Rame. Combes joined SocGen’s private bank in 2000, serving in various
roles until he was named global market manager for commodities private wealth
in 2012. He began his career in 1992 at the Inspection Generale of Indosuez
Bank, before joining Pricewaterhouse Coopers and then SG Consulting, Societe
Generale Group’s internal consulting department.

The Kuwaiti investment firm, Global Investment House, made
Raul Biancardi an executive vice president, as he joined Global to head its
asset and wealth management businesses. Having served as a top executive for
regional and international financial institutions including NCB Capital, Lehman
Brothers, Deutsche Bank, and Morgan Stanley, he has covered investment banking
and wealth management across Latin America, Europe, Middle East and Africa.

Latin America

JP Morgan recruited Edinardo Figueiredo from UBS to head its
Brazilian private banking business, based in São Paulo. Figueiredo reports jointly to José Berenguer, Brazil
senior country officer of JP Morgan, and Chris Harvey, head of private banking
for Latin America. Figueiredo latterly served
as chief executive of UBS's Brazil
wealth management business, having previously worked at Banco Itau - most
recently as CEO of the firm’s private banking business in Luxembourg and Switzerland. He has also held
senior positions focusing on investment products at BankBoston and ABN AMRO in Brazil.

Asia-Pacific

North America

Nashville, TN-based Avenue Bank hired Jennifer Shepard as a
vice president and private client banker, while it brought in Stuart Hunter to
support the new medical and professional private banking unit. Shepard has more
than 20 years of banking experience working at Regions Bank. Hunter, meanwhile,
joined as a banking assistant from SunTrust, where he has served in a similar
role since 2007. 

Calamos Investments, announced the departure of James Boyne,
president and chief operating officer, effective September 30.

Greenwich, CT-headquartered investment advisory firm, Cedar
Ridge Partners, made three hires within its investment management team. Pascal
Roduit joined as director of risk management and he will also be member of the
investment committee. He was previously at New York-based fund-of-hedge-funds
manager Rock Maple Funds, where he was the chief risk officer and the director
of quantitative research. Daniel Keating and Stett Trippe also worked at Rock
Maple Funds and joined the portfolio management team and the investment
committee.

Chicago, IL-headquartered Ziegler, an investment bank and
full-service brokerage firm, appointed Justin Frys as a senior vice president
and branch manager of Ziegler’s Minnetonka,
MN, office. Frys, with more than
15 years of advisory experience, has worked in the areas of asset management,
retirement preparation, investment planning and insurance planning, having held
positions at several Wall Street and boutique investment firms. 

Brokerage firm Stifel, Nicolaus & Co added financial
advisor Stephen Knudson as a first vice president of investments within the its
Billings, MT,
private client group.

Knudson spent the last 20 years at Morgan Stanley Smith
Barney (now Morgan Stanley Wealth Management), where he served clients who had
$112 million in assets.

The firm also made two hires in Ohio
and Pennsylvania
from Robert W Baird and Janney Montgomery Scott. In Conshohocken,
PA, Mark Kaskey, W Jason Beard and Robert
Cellucci joined the private client group from Janney, while Joshua Weiland
joined the Dayton, OH, office from Baird.

New York-listed Heartland Financial USA named Bryan McKeag
as its new chief financial officer following the departure of John Schmidt in
July. Schmidt left the firm to become CFO at another company outside of the
financial services industry.

McKeag starts his new role on September 23, 2013, reporting
to Lynn Fuller, Heartland’s chairman, president and chief executive. He will
have oversight of all corporate finance, accounting and investment operations
of the company.

McKeag most recently served as executive vice president –
corporate controller and principal accounting officer for Associated Banc-Corp.

Corning, NY-based Market Street Trust Company, the
multi-family office, appointed Christian Girts as director of client service,
reporting to Beth Landin, vice president of client and strategic relationships.
Girts manages high net worth client relationships for both individual and trust
accounts. He works with individual and family group clients on financial and
estate planning and advise clients on fiduciary issues. Prior to joining Market Street,
Girts was a financial advisor with Wells Fargo Advisors in Scranton, PA.

RBC Wealth Management added Brian Post, senior financial
associate, to the Eagle, ID, office, where he joined the King Miller Barrios
& Boe Investment Group.

Post is responsible for trading and the management of client
portfolios, in addition to being a member of the investment committee. Prior to
joining RBC Wealth Management, he was a senior research analyst at Roth Capital
Partners in Newport Beach, CA, where he developed and led the firm’s
small-cap mining and resources research practice.

San Francisco, CA-headquartered Union Bank hired Melissa
Gough as a regional director of its private bank unit. Gough will manage
private banking activities across the Central
Coast, working with wealth management
teams in Montecito and in Santa Barbara, Monterey and Ventura
counties. Gough is based in Santa Barbara and
reports to senior vice president and Central
Coast regional managing
director Leo Hamill.

GoldenTree Asset Management appointed Brian Marshall as
managing director in the firm’s business development group, based at
GoldenTree’s New York
headquarters. Prior to joining GoldenTree, Marshall was a managing director in
structured credit products at Barclays Capital, a position he held since 2008.

Philadelphia-headquartered Lincoln Financial Group appointed
two investment management executives to fill newly-created positions. Andrew Yorks
joined as senior vice president, serving as the head of markets and investment
strategy, while Scott Pelkola joined as senior vice president and head of fixed
income. Both report directly to Ellen Cooper, executive vice president and
chief investment officer of the investment management group.

Nashville, TN-based wealth management firm Truxton Trust
appointed John Diffendal as vice president and portfolio manager to its wealth
management team.

Before joining Truxton, Diffendal was a managing partner and
senior securities analyst with BB&T Capital Markets. Prior to this, he was
a partner with JC Bradford & Company in Nashville, where he served as director of
research.

BBVA Compass named William Helms, who previously led the
firm’s wealth management business, as vice chairman of the board of directors.
Helms previously oversaw BBVA Compass’ private banking, asset management,
international wealth management, broker-dealer activities and registered
investment advisors. Jeff Talpas, a member of the bank's management committee
who has overseen the retail line of business, leads the newly-combined wealth
and retail banking group.

Lewiston, NY-headquartered Princeton Equity Partners, the
independent financial services firm, launched an office in Austin, TX.
The firm provides financial services including tax-aware investment strategies,
investment management, retirement planning strategies and wealth management.

The Denver,
CO-based Financial Planning Association appointed Edward Gjertsen as its 2014
president-elect for a one-year term. Gjertsen’s term as president-elect begins
on January 1, 2014, succeeding incoming FPA 2014 president Janet Stanzak.

CliftonLarsonAllen Wealth Advisors, a wholly-owned
subsidiary of CliftonLarsonAllen, named George Hostal as a senior wealth
advisor in Phoenix, AZ.

Hostal has nearly 20 years of experience in the financial
services industry and specializes in investments. He began his career at Bank
One Trust Company.

New York City-headquartered Cohen & Steers hired Vince
Childers to lead the firm’s real assets investment strategies. This was a newly
created role. Childers joined from AllianceBernstein, where he co-managed $2.3
billion in real assets investment strategies, including the AllianceBernstein
Real Asset Strategy Fund.

A former New Jersey-based Morgan Stanley Wealth Management
advisor team – The Rasweiler Group - joined UBS in Florham Park, NJ.
The group has $4.8 billion in assets under management and a T-12 production of
$10 million. Members include: John Rasweiler, John Cusate, Jack Riley, Micheal
Jordao, Jesse Kent and William Burke.

Florida-headquartered FineMark National Bank & Trust
added private bankers Christina Lunsford, Terri Caple and Patrick Kellard to
its Naples
office, according to local media. Lunsford joined FineMark as a relationship
banker, having previously worked as a vice president at Gibraltar Private Bank
& Trust. She has also been a private banking officer for Northern Trust
Bank of Florida,
as well as at SunTrust Bank. Caple also joined as a relationship banker. Prior
to joining FineMark, Caple was a private banking manager and senior vice
president at M&I Bank.

The Private Client Reserve of US Bank appointed Scott
Fitzgerald as wealth management advisor in New York, among several other hires. Fitzgerald,
with more than 11 years’ financial experience, joined the PCR from HSBC, where
he served as a senior relationship manager. He previously held the role of
relationship manager at City National Bank, and personal banker - managing
affluent client relationships - at JPMorgan Chase.

The firm also hired Ruth Granen as a vice president and
personal trust relationship manager in Seattle, WA, while Tina Cain was appointed vice president and
trust officer in St Paul, MN,
and Christopher Kurimay joined as a wealth management advisor in Chicago, IL.
Earlier in the month it appointed Amy Kane as a senior family wealth advisor in
Denver, CO,
while naming Christopher Turoci as a wealth management advisor in Los Angeles, CA.

BBVA Compass, the Sunbelt-based subsidiary of Spain’s BBVA, hired Mark Chiappara as a senior
private banker in its US
private wealth management unit.

In his new role, Chiappara will serve ultra high net worth
clients and select private institutions in the US. Prior to joining the firm, Chiappara
held senior positions at Deutsche Bank, Bank of America, Lehman Brothers and
Goldman Sachs.

Dallas, TX-based Tolleson Wealth Management, which serves
ultra high net worth families, promoted Philip Durst to chief investment
officer. Prior to joining Tolleson, Durst served within the investment
management divisions of both INVESCO and John McStay Investment Counsel in Dallas.

The Texas- and Massachusetts-headquartered wealth management
solutions company, Placemark Investments, added two new vice presidents to its
investment advisory solutions team. Scott Smith and Michelle Barbiere joined
the company's development team in furthering the firm’s unified managed account
platforms for independent advisors. They will be based in Chicago, IL,
and Evergreen, CO, respectively. Smith has 15 years of experience in financial
services, having previously served as vice president of sales at Fidelity
Institutional Wealth Services, and as relationship manager at Schwab Advisor
Services in New York City.
Barbiere has 21 years of experience working with RIAs and fund managers,
including positions as vice president of business strategy at Merrill Lynch and
relationship manager at Schwab Advisor Services.

Scottsdale, AZ-headquartered Gentry Wealth Management hired
two wealth advisors, Dave Humphrey and Taiya Thompson, in Las Vegas, NV.
Humphrey, with nearly 20 years’ experience working with high net worth
families, specializes in retirement planning, wealth preservation, and estate
planning. Prior to joining Gentry Wealth Management, Humphrey spent 18 years
with Fidelity Investments. During his tenure with Fidelity he worked in Utah, RI, New Hampshire,
and Nevada.

Thompson has more than 16 years’ experience in financial
services and previously worked within Fidelity’s private client group - as vice
president and senior account executive.

Calamos Investments appointed two co-portfolio managers,
Jeremy Hughes, and Chris Langs, to its investment team. Hughes and Langs worked
together at Aviva Investors overseeing high-yield assets and join Calamos with
more than 40 years of combined investment experience.

The Securities and Exchange Commission named Eun Ah Choi as
managing executive of the Division of Investment Management. Choi serves as the
division’s point person on a range of business, operational and administrative
functions. 

She joins from Washington, DC-based law firm Hogan Lovells.

New York-headquartered Fiduciary Trust Company International
promoted Carin Leong Pai to executive vice president and director of equity
management, while also making two senior hires. Pai has been with the firm
since 1996 and now oversees its team of equity portfolio managers while
managing client portfolios. Amy Kong joined the firm as managing director and
senior portfolio manager of equity management, responsible for managing equity
portfolios for individuals, families and institutions.

Kong was previously a senior portfolio manager at US Trust.

Birmingham, AL-based Sterne, Agee & Leach, a
privately-owned investment banking and brokerage firm, established a
four-strong emerging markets group, based in New York. Mario Rappoport, Harry Wool, Mike
Santiago and David Cortes have over 40 years of combined experience in sales
and trading of emerging market fixed income products.  

Rappoport, managing director of trading, previously worked
at Bear Stearns and Jefferies, responsible for trading and selling EM
products
– primarily in Latin America and Eastern Europe.
Wool, also managing director of trading, launched the EM debt group at
Miller
Tabak. There, he focused on Latin America, Eastern Europe, the Middle
East, African and Asian markets. Santiago, senior vice president of
sales,
started the EM group at Jefferies. He previously held senior EM sales
roles at
Wachovia Securities, Prudential Securities and Lehman Brothers. Cortes,
senior
vice president of sales, worked at various Brazilian institutions such
as Banco
BTG Pactual and Banco Itau, trading and selling Brazilian EM debt to
institutional clients.

Raymond James made David Patchen, a regional director for
the firm’s independent broker/dealer, Raymond James Financial Services, senior
vice president of education and practice management within the private client
group, with effect from September 1. Prior to his regional management role,
Patchen was a financial advisor and recruiter for RJFS.

BMO Private Bank hired Julianne Getty as a senior private
banker in Chicago, IL. Getty, who has worked in Chicago her entire
career, focuses on business development and the relationship management
of high
net worth clients. She is based in downtown Chicago and joins a team of
over 30 BMO
Private Bank professionals serving the Greater Chicago Area. BMO Private
Bank
also appointed Michael Mihm as vice president and senior financial
planner in Wisconsin. Based in Milwaukee, Mihm will serve clients
throughout southeast Wisconsin. 

Virginia-based Cardinal Bank promoted William Mundy as
senior vice president and executive managing director of Cardinal Wealth
Services. Mundy joined Cardinal in 2010 as managing director of CWS.

Evercore Wealth Management, a subsidiary of Evercore,
appointed Jewelle Bickford as partner and wealth advisor. Bickford based at the
firm's headquarters in New York
and report to Jeff Maurer, chief executive of Evercore. She joined from
GenSpring Family Offices, where she served as a senior strategist.

Janney Montgomery Scott, the Philadelphia, PA-headquartered
wealth management and investment banking firm, appointed Peter Price as senior
vice president/complex manager of the firm’s Maine
and New Hampshire
complex. Price, with nearly 30 years of financial services experience, began
his career in 1984 as a managing director at Livada Securities.

Market Street Advisors, a technology and services firm which
targets the investment management industry, recruited Emil Polito as chairman
of its advisory board.

Polito was formerly a senior managing director and partner
at American Independence Financial Services, where he was head of the firm’s
private wealth management division.

Deutsche Asset & Wealth Management, made a number of
senior hires in recent weeks, announced that former senior Credit Suisse
executive Felipe Godard will join as a managing director and head of wealth
management, Latin America, effective October
1. Godard will be based in Geneva and report to
Haig Ariyan and Chip Packard, co-heads of wealth management, Americas, and into the executive management
board of the Swiss banking entity, chaired by Marco Bizzozero, CEO, Deutsche
Bank Switzerland, and head
of wealth management for Europe, the Middle East and Africa.
At Credit Suisse, Godard was head of advisory, solutions and investments for
the Latin American Private Bank.

New York-listed Envestnet, a provider of wealth management
technology and services to financial advisors, added Cynthia Egan to its board
of directors.

Egan most recently served as president of retirement plan
services at T Rowe Price, having retired in December last year. At T Rowe, Egan
was also a member of the Operational Steering Committee; a board member of the
T Rowe Price Trust Company; and chair of the T Rowe Price Women’s Roundtable.
Egan previously spent 18 years at Fidelity Investments.

BMO Private Bank, part of BMO Financial Group, appointed
Michael Mihm as vice president and senior financial planner in
Wisconsin. Based in Milwaukee, Mihm serves clients throughout southeast
Wisconsin. In other
recent hires at the firm, earlier in the year BMO Private Bank added
Bill
Sperling, Patricia Bostrom and Bill McAleer to its local advisory board
in Seattle, WA.

Baird hired four veteran financial advisors within its
private wealth management group in Chicago, IL, Baltimore, MD, and Edina,
MN, with combined assets under
management of $330 million. In Chicago,
the Andersen Group has $165 million in AuM and is comprised of Richard
Andersen, senior vice president, and Eric Andersen, vice president. Dan
Phillips, senior vice president, joins Baird in Edina with $105 million in AuM, while further
East in Baltimore John Huynh, vice president, joined with $60 million. The
Andersen Group and Phillips are latterly of UBS Financial Services; Huynh is
formerly of Morgan Stanley Smith Barney (now Morgan Stanley Wealth
Management). 

Focus Financial Partners added Grand Rapids, MI-based
investment advisor, LaFleur & Godfrey, to its roster of wealth management
firms. LaFleur & Godfrey has around $400 million in client assets.

Mercer Island, WA-based wealth management firm Paracle
Advisors hired Cherish Sutull as a financial advisor. Cherish has around 15
years of experience in the financial services industry and most recently served
as an investment advisor at Harris myCFO, providing investment strategy and
advice to ultra high net worth families.

Bank of America Merrill Lynch recruited a new advisory team
from Wells Fargo in the shape of Paul Akre and Laurie Tebon. Akre, who joined
Wells Fargo in 2003, previously worked at Morgan Stanley for three years and
before that at Merrill Lynch for nearly two decades.

In a move to expand the firm’s East coast presence, TD Wealth
Private Client Group, the wealth management unit of TD Bank, made three senior
appointments to its' private banking offices. Steven C. Truitt and Sherry A.
Varrelman were hired as senior vice president and regional wealth leader for
the Metro DC region and for the Pennsylvania,
Southern New Jersey and Central New Jersey Region respectively, while Michael
Iacobucci was promoted to senior vice president and regional wealth leader for Northern New England.

Truitt has 30 years of banking experience. Prior to joining
TD Wealth, he served as senior vice president and managing director at SunTrust
Private Wealth Management, where he led the Northern Virginia/ Washington, D.C.,
regional wealth services team.

Varrelman has served in the Wealth Management Group of BNY
Mellon as managing director and market president for New Jersey, having previously worked in a
similar role at Wachovia. Iacobucci has been promoted from his position as a
relationship manager for TD Wealth in the Boston
market, having previously worked at SunTrust Private Client Services and
Wachovia Wealth Management.

Wedbush Bank, the Los Angeles, CA-based private bank, named
V Charles Jackson as chairman and chief executive, responsible for developing
new product lines and identifying growth opportunities. Jackson replaced Scott Racusin as CEO and
fills an empty position as chairman. Jackson
previously served as the West Coast CEO of Boston Private Bank & Trust
Company and was an executive director for The Mellon Financial Group – West
Coast.

Clearbrook Global Advisors, a privately-held, independent
investment management firm, appointed two senior industry professionals,
Michael Mahoney and Thomasin Bentley, as the firm continues to expand its
business development and marketing team. Mahoney, with more than 30 years’
experience in investment and advisory roles for institutions, pensions,
non-profit, foundations and endowments, joined the firm as managing director of
business development. Prior to joining Clearbrook, Mahoney was a senior vice president
at Pyramis Global Advisors, responsible for business development and client
service for Taft-Hartley clients.

Ascent Private Capital Management, US Bank’s ultra high net
worth business which caters to clients with at least $50 million in investable assets,
made three senior hires in San Francisco, CA. Tom Crotty was named managing
director of financial administration. Crotty was previously president of
Montgomery Professionals, a San Francisco Bay Area accounting and staffing
firm. Stephen Florance was appointed as managing director, investment
consulting – a role in which he will help clients create investment portfolios.
Florance was a managing director at Hall Capital Partners, responsible for
managing portfolios and conducting research across all asset classes.
Previously, he worked at BancAmerica Robertson Stephens as a hedge fund
accountant. Lastly, Sisi Tran joined as managing director of wealth strategy,
charged with advising families on wealth planning matters such as trust and
estate planning, tax planning, multi-generational planning, family governance
and risk management. 

Tran is latterly of Convergent Wealth Advisors, where she
was a director of trust and estate planning in Los Angeles, CA.

Guggenheim Securities, the investment banking unit of New York and Chicago-headquartered Guggenheim Partners,
hired veteran insurance analyst Bijan Moazami as a managing director in its Washington, D.C.
office. In his new role, Moazami works on the property-casualty insurance
sector as part of the firm’s equity research team. Moazami joined Guggenheim
from Height Securities in Washington,
where he founded the firm’s investment banking practice.

The Hedge Fund Association 
appointed wealth consultant Hannah Shaw Grove to its high net worth
advisory board. Grove is a founder and executive editor of Private Wealth and
the author of 10 books on topics including family offices, hedge funds and
wealth management.

Westport Resources of Westport, Conn., hired Eugene Miller
as director of family office services, a new role that serves
ultra-high-net-worth individuals and families.

Miller joined from Citi Private Bank, where he was director
and ultra-high-net-worth private banker.

Michael Hines joined Concord Wealth Management, the Boston agency of the Penn
Mutual Life Insurance Company, as a financial advisor, according to Financial
Advisor. Hines will provide financial planning and advice to individuals,
families and small business owners. He also will support the agency’s
recruiting efforts in Massachusetts, Maine and Rhode
Island.

Deutsche Asset & Wealth Management announced that
Richard Glass has joined as US head of small and mid-cap value equities. In
addition, Richard Hanlon and Mary Schafer have joined the firm, reporting to
Glass. Glass, Hanlon and Schafer are based in New York. Glass reports to Owen Fitzpatrick,
head of equities for the Americas.

Citi Private Bank appointed Blair Ege at its Washington, DC
office as director and ultra high net worth private banker. She reports to
Barbara McCollum, Mid-Atlantic regional market manager. Ege previously worked
at BNY Mellon in Washington,
DC, where she spent seven years
as a senior director. Prior to BNY Mellon, Ege was a managing director at
Babson Capital Management.

Former Morgan Stanley Smith Barney advisor Elaina Spilove,
who with colleagues had overseen client assets totalling $2.5 billion, joined
UBS, according to media reports. Spilove is based in Princeton, NJ.
Spilove had worked at the Graystone Consulting business of Morgan Stanley. She
had annual revenue production of $1.2 million at Graystone, a Morgan Stanley
division. She joined the UBS Institutional Consulting Group with the title of
senior institutional consultant.

Morgan Stanley elected Rayford Wilkins to its board of
directors. Prior to joining Morgan Stanley, Wilkins served as chief executive
of diversified businesses at AT&T, a position from which he retired in
March last year. Before that, Wilkins held a number of senior roles at AT&T
and its predecessor company, including group president and CEO of SBC Pacific
Bell, and president and CEO of Southwestern Bell Telephone, among others.

Janney Montgomery Scott, the Philadelphia, Pa-headquartered
wealth management and investment banking firm, appointed former Morgan Stanley
senior manager Vincent Crognale to its Greenville,
Del., branch office as first vice
president/Wealth Management. Crognale is joined by private client assistant
Deborah Carlton. At Morgan Stanley, Crognale worked for 13 years. Prior to
that, he worked with Wheat First Butcher Singer from 1995 until 2000.

New York-listed Fifth Third Bank promoted Helene Tolentino
to the role of private banker. Prior to her promotion, Tolentino served as a
personal banker at Fifth Third Bank, before which she was a financial service
assistant at AMSouth Bank.

Further Lane Wealth Management appointed two New York-based
advisors, formerly of UBS, to join the firm. The advisors are Stuart Conley and
Harvey Spira, both holding the roles of managing directors.