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Who's Moving Where In Wealth Management? - Holdsworth, Fiduciary Trust International
Editorial Staff
6 January 2021
Fiduciary Trust International Mitchell has spent 40 years in global professional services on the corporate, government and non-profit side, advising on governance and finance, capital markets and mergers and acquisitions. The former Deloitte senior partner and founding board member of the US consultancy has also served as a national or regional managing partner across a number of disciplines, including audit, enterprise risk services, and financial services during a 26-year consultancy career. “I have known Chris for over 15 years and through our work together on a number of public company boards, have seen firsthand the depth of his counsel and the range of issues he can speak to,” founder and managing partner at THG Mark Holdsworth said. Mitchell's appointment comes soon after Zachary Levenick moved from Taconic Capital to take up a managing partner role and help oversee THG’s public securities investment activities. THG was launched in 2019 with a focus on real estate, publicly traded securities, private equity, and specialty funds. It advises C-suite executives across a number of industries.
Fiduciary Trust International has appointed Miles Powell as regional managing director and senior relationship manager, based in Washington, DC.
Powell, who reports to Lawrence Sternkopf, also oversees Fiduciary Trust International’s office in Arlington, VA. He comes from Wells Fargo Private Bank in McLean, VA, where he served as managing director and senior director of investment and fiduciary services for more than a decade. In that role, Mr. Powell was responsible for the performance of the firm’s investment and fiduciary business in the Mid-Atlantic region.
Previously, Powell was senior vice president and market trust executive at Bank of America Private Bank. Earlier in his career, Powell was senior vice president and corporate sales director at Riggs Bank.
“The Washington, DC area is a growing marketplace with many high-net-worth individuals and families, as well as philanthropic endowments and foundations,” Bill Leffingwell, who continues to serve as senior portfolio manager in Fiduciary Trust International’s Washington, DC office. “Miles has the experience and expertise that will help us continue to strengthen our offering in this marketplace.”
Powell is a past president of the Washington, DC Estate Planning Council. He graduated from The College of William & Mary with a BA in Economics.
Holdsworth Group
Christian Mitchell has joined The Holdsworth Group as a managing partner to lead a new consulting and advisory practice at the Pasadena California-based investment firm. The practice will offer advice to corporates and family offices in areas such as succession planning and management and board issues as well as investment strategy and reporting, the firm said.