People Moves

UHNW Wealth Firm In Atlanta Names Chief Investment Officer

Eliane Chavagnon Editor - Family Wealth Report September 9, 2014

UHNW Wealth Firm In Atlanta Names Chief Investment Officer

Atlanta, GA-based Berman Capital Advisors, the ultra high net worth wealth management firm, has appointed Russ Allen as chief investment officer.

Atlanta, GA-based Berman Capital Advisors, the ultra high net worth wealth management firm, has appointed Russ Allen as chief investment officer.

Allen’s responsibilities include asset allocation, manager research, and the development and implementation of the firm’s investment views.

It is unclear if the CIO role is new or if Allen replaces anyone.

Allen joins Berman Capital from Balentine, where he was director of investment research. Prior to Balentine, he was a portfolio manager and senior equity research analyst at Globalt Investments.

Allen has also served as an intelligence analyst for the National Security Agency.

Separately, Berman Capital has also brought in Wen Tang as a relationship manager. Tang was previously a client strategies and portfolio solutions analyst at AQR Capital Management. Prior to AQR, Tang worked in the private wealth management division at Morgan Stanley Smith Barney in New York.

Berman works with 60 client families.

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