The latest wealth management moves and appointments in North America.

BNY Wealth Management
BNY Mellon Wealth Management has named Laura LaRosa (pictured) as Mid-Atlantic regional president.

LaRosa is responsible for developing and implementing a growth strategy to execute across Pittsburgh, Philadelphia, Washington DC, Tysons Corner and Delaware. She is is based in Philadelphia and reports to Rob Kricena, head of US markets.

Prior to joining the firm, LaRosa was at Glenmede for more than 25 years. She most recently served as a member of the management committee and as an executive director, where she led client development and growth efforts. LaRosa held a variety of other senior posts at Glenmede, including director of portfolio management and director of fixed income management.

LaRosa earned a bachelor of arts from the University of Pennsylvania. She is an active member of her community and currently serves on the executive committee and board of Seventy, board member of the Foreign Policy Research Institute (FPRI), and board member of Friends of Rittenhouse Square. 

Hightower
Hightower  has appointed Robert Picard in the newly-created executive role of managing director, head of alternative investments in the Hightower Investment Solutions group. 

Picard he will focus on providing Hightower advisors with expanded access to best-in-class private-market investments, preferred opportunities and custom portfolio consulting to support the group in delivering differentiated strategies to their clients.

Picard has 32 years’ experience on both the buy and sell side, having built multi-billion-dollar alternative investment programs at First Republic Private Wealth Management, The Carlyle Group/Rock Creek, Optima Fund Management, RBC Capital Markets and InfraHedge/State Street.