Here are the latest moves affecting the North America wealth management sector.

Calamos Investments, the global investment management firm, appointed Michael Grant to manage the firm's portfolio of US growth strategies worth around $2.3 billion. Grant, a senior vice president with 30 years of industry experience, joined Calamos in 2015 after it acquired his firm, Phineus Partners. 

Citi Private Bank appointed Stephen V Prostor to its New York team as a private banker with a focus on financial sponsors such as private equity firms, reporting to Ida Liu, global market manager at Metro NY. Previously, Prostor was head of Citi Private Bank Sponsor Finance in North America and head of syndications for the private bank. In this role he managed the origination, structuring, underwriting, syndication and portfolio management activities of the bank’s global subscription lending business in North America.

US-based Aquila Investment Management named Nimo Rijhwani as regional sales manager based in Phoenix, AZ. He is Aquila’s primary contact for Arizona-based financial professionals interested in implementing a tax-free municipal bond strategy within their clients’ portfolios.

The Global Impact Investing Network, an organization drawing together practitioners seeking to drive certain outcomes via investing, appointed a new chairman, Mark Grier, taking over from Antony Bugg-Levine, who has held the role for seven years. Grier, who has been named board chair, serves as vice chairman of US-based Prudential Financial.

Raymond James & Associates, the traditional employee broker-dealer of Raymond James, welcomed a group of financial advisors in Mt Laurel, NJ. The team is called the SSG Executive Advisory Group and includes: senior vice president of investments and managing director, Todd Sherman; SVP of investments, Jason Sobin; vice president of investments, Michael Francisco; senior financial planning consultant, Brian Baskin; senior registered service associates Denise Donahue and Donna Vickers; and business practice coordinator Katherine Wright.

BNY Mellon Wealth Management appointed Garrett Alton to head up its business development efforts in the US central region. Since joining the firm in 2009, Alton led business development teams in Atlanta, GA, and the Mid-Atlantic region. In his new Chicago, IL-based role, he oversees sales teams and other efforts across Chicago, Pittsburgh, PA, and Ohio, reporting to central region president, Andy Paterson.
Cannacord Genuity appointed Don MacFayden as an executive vice president and chief financial officer, and named Adrian Pelosi executive vice president, chief risk officer and treasurer.

MacFayden has been a member of the firm's internal and external financial and tax reporting teams for many years. He served as CFO of the firm's US operations from 2007 to 2012 and became senior vice president of finance in the latter year.  Pelosi joined the company in 2007 and since 2008 has held a variety of roles that involved increasing responsibility within the group's risk management operations. From 2014 to 2016, he acted as senior vice president and head of internal audit. In addition to the above appointments, Nick Russell, CFO of Cannacord Genuity's UK and Europe capital markets subsidiary, assumed the additional role of senior vice president of finance for the entire group. All of the appointments followed the resignation of Brad Kotush, former chief financial and risk officer.