People Moves

Who's Moving Where In Wealth Management? – Flagstar Bank, Raymond James

Editorial Staff March 21, 2025

Who's Moving Where In Wealth Management? – Flagstar Bank, Raymond James

The latest moves, appointments and personnel changes in North American wealth management.

Flagstar Bank
Flagstar Bank, a regional US lender working in 10 states, has appointed Mark Pittsey as executive vice president, head of private banking and wealth management.

"Mark's extensive background in private banking and wealth management at leading financial services organizations aligns perfectly with our vision of driving continued growth in these core business lines," Rich Raffetto, senior executive vice president and president of commercial and private banking, said. “Mark's addition complements our already strong private banking and wealth management leadership team, led by Jason Birnbaum, president of private banking, and Bill Maguire, president of Flagstar Advisors, Inc, respectively, and underscores our commitment to investing in the organization, leadership, and oversight to drive the growth of our core businesses."

Most recently, Pittsey served as head of global private banking Americas and wealth and distribution USA at HSBC, where he led all strategic, governance, operational, and business aspects of the private bank and retail wealth team.

Before this, Pittsey held leadership positions at Deutsche Bank and Wells Fargo.

Raymond James
Raymond James has welcomed financial advisor Barbie Beck to its employee advisor channel.

Beck is based in Tuscaloosa, Alabama, where she is joined by client service associate Ana Mae Billingsley. Beck, who was previously affiliated with Morgan Stanley, managed over $140 million in client assets.
 

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