Splash Of Executive Promotions At Diversified Trust

Eliane Chavagnon

23 February 2016

Tennessee-headquartered Diversified Trust, the US wealth management firm based primarily in the Southeast, has promoted nine senior staff across the three states in which it operates.

Jo Clark, who oversees client account administration and reporting, has been promoted to principal in Memphis, TN. Also in Memphis, Jay Davis has been promoted to vice president. Davis is primarily responsible for accounting and treasury functions, and also oversees the preparation of monthly financial statements and other reports.

Other promotions in Tennessee include Stephanie Orton, Mary Raymond and Doug Turner to senior vice president in Nashville.

Orton focuses on client account administration, while also being involved in operational initiatives. Raymond focuses on portfolio management and client service for institutions, individuals and retirement plans. She provides performance reporting, shares economic updates and makes allocation recommendations. Turner is Diversified Trust's head of operations, responsible primarily for managing the operations team and overseeing all aspects of client reporting.

Meanwhile, further south in Atlanta, GA, Lisa O’Connell has been promoted to principal. O’Connell works directly with clients and contributes to the firm's client service initiatives in Atlanta.

Additionally, business manager Jessica Stembridge has been promoted to senior vice president. Stembridge leads the business management team which coordinates projects related to human resources, information technology, marketing, finance and accounting.

Rounding off the Atlanta promotions, investment analyst Kevin Jamison has been named as a vice president. His primary responsibilities include performance reporting and investment analysis.

Lastly, in North Carolina Kim van Zee has been promoted to senior vice president in Greensboro, where she oversees client account transactions and is responsible for administrative quality assurance.

Diversified Trust, which was founded in 1994, has over $5 billion of client assets under management. Clients include individuals, families, family offices, foundations, endowments and retirement plans.

In December, Betsy Wills was hired as a principal and director of marketing and branding - a new role at the firm.