People moves in global wealth management proved lively in the final month of 2018. In the US, for example, the Raymond James business made a raft of hires. There were notable moves in Asia-Pacific and the EMEA regions as well.

Standard Chartered appointed Boutros Klink chief executive, Middle East, excluding the United Arab Emirates. The expanded role means that he oversees Gulf Co-Operation Council and non-GCC countries. Klink handed over his duties for CEO, Bahrain to Abdulla Bukhowa, CEO, Qatar. Abdulla Bukhowa continues to oversee operations in Qatar.

The moves happened after Ahmad Abu Eideh, cluster CEO, non-GCC, retired after working at the bank for eight years. He led the JEIL cluster (Jordan, Egypt, Iraq, Lebanon).

Muhannad Mukahall took on the role of CEO, Jordan and became country head, commercial banking. He joined Standard Chartered in 2013 as head of local corporates, Abu Dhabi and has since held senior assignments including head, international corporates, Abu Dhabi, and country head, global banking, Jordan.

Gurcharan Kadan, CEO, Oman retired from Standard Chartered after 28 years of service. During his career, he has held several senior corporate banking assignments including, head of transaction bank for India, global head of commercial real estate based in Hong Kong, corporate head for Southern Africa, and corporate bank head for Indonesia. His last day with the bank will be 31 March 2019.

Hussain Yafai was appointed CEO, Oman. He also bears the title of country head for commercial banking. He joined the bank in 2005, holding a number of senior positions.

Jamal Tartir, CEO, Saudi Arabia also retired from the bank, following three years of service.

PraxisIFM, a firm providing trust, corporate, fund administration and other services, named business development specialist Richard Harland as head of funds. He is based in London. Prior to this, Harland worked at SEI as head of sales, business development and relationship management for Europe, Middle East and Africa. He has more than 12 years’ business development experience together with a background in fund operations, relationship management and product development with UBS, State Street and MUFG. Mr Harland started his career with PricewaterhouseCoopers.

UK-listed Brewin Dolphin appointed Rory Corstorphine as wealth director, bringing the headcount there to 24. Corstorphine began his career in banking in 2000 and joined the discretionary wealth management firm from UBS and Kleinwort Benson.

Canaccord Genuity Wealth Management appointed Angela Lloyd-Read as wealth advisor to join its wealth planning team. Lloyd-Read has more than 15 years’ experience working in the wealth planning industry and specialises in pensions, tax and retirement planning for high net worth individuals. Previously she worked at Rosemount IFA and CBW Financial Planning.

Accuro, the trusts and family office business, appointed Siobhan Crick as client services director to join its Jersey office. Crick has 20 years’ experience in the implementation of complex structuring arrangements for ultra-high net worth clients, in particular, corporate structuring for clients from the Middle East.

BNP Paribas Asset Management appointed Hilda Tingle as global head of digital marketing - a newly-created role. Tingle is based in London and reports to Roger Miners, chief marketing officer. Tingle has more than 20 years of asset management and digital experience, and joined from JP Morgan Private Bank, where she was head of digital engagement. Prior to this she spent more than 12 years at JP Morgan Asset Management, most recently as head of digital marketing operations, having previously been global business manager (marketing) and head of client communication for the EMEA sector.  She began her career at J Walter Thompson in Hong Kong.

Stone Harbor Investment Partners made a number of promotions as it built out its emerging markets credit strategies, global high yield credit strategies, and multi-sector credit strategies. Jim Craige, head of emerging markets, was appointed co-chief investment officer of Stone Harbor, serving alongside managing partner and now co-CIO, Peter Wilby. Having worked side by side as portfolio managers since 1992, the duo continue to work together in leading Stone Harbor’s investment focus. Craige stays as head of emerging markets with overall oversight of the asset class, supported by colleagues including Stuart Sclater-Booth and Kumaran Damodaran, both portfolio managers.

Marianne Rossi and William Perry were named co-heads of Stone Harbor’s Global High Yield team. Within the developed market sector, Matt Kearns co-manages the firm’s US high yield portfolios alongside Rossi; Matt Cottingham co-manages the European high yield portfolios with Wei Romualdo; and Hunter Schwarz co-manages bank loans alongside Cathy Nolan. David Torchia continues as a senior investment leader, running Stone Harbor’s multi-sector credit and investment grade developed market teams.

Henley & Partners, a prominent advisor to people seeking residency/citizenship-by-investment visas, made a raft of senior executive changes, including naming its new CEO.
Dr Juerg Steffen was appointed as new group CEO, and Dr Christian H Kälin remains as group chairman. Following a corporate re-organisation two years ago, Dr Kälin took on the additional role of interim CEO. He has relinquished that function to focus on his chairmanship.

Peter Vincent, a senior security professional who joined from Thomson Reuters, was appointed as a new member of the executive committee. Marco Gantenbein, previously managing partner of the Dubai office, was named as group chief operating officer. Andreas Keller, previously MD of Weber Shandwick Dubai, joined as a new managing partner of the Dubai office and head of Middle East. 

UK private equity Maven Capital Partners hired Gareth Price to join its investment team. Price is responsible for sourcing venture capital trust (VCT) opportunities, investments for Maven’s MBO fund, and its private equity co-investor partner network in the UK’s southwest region, as well as managing portfolio investments in the region.

Price brings close to 30 years’ investment and corporate finance experience to Maven, having spent his career advising both privately-owned SMEs and companies listed on AIM and the London Stock Exchange Main Market across a range of transactions including acquisitions and disposals, IPOs and debt and equity fundraisings. Most recently Price led the equity portfolio team at The Development Bank of Wales, managing investments across a range of industries, from initial funding to follow on capital and exit. Prior to this, Price was a director at Teathers, where he was an advisor to UK public companies.

Restructuring and insolvency lawyer, David Jones was promoted to the partnership at Carey Olsen in Guernsey. Jones, who joined the firm in 2010, leads the Guernsey team providing specialist advice in relation to business restructuring and insolvency in contentious, non-contentious and multi-jurisdictional matters. Called as a Guernsey advocate in 2014, Jones has acted in relation to many of the most complex restructuring and insolvency assignments in the island.

Tracey Reddings, who had headed up Julius Baer’s front office in the UK since her appointment last May, left amidst restructuring of the Swiss bank’s operations in the UK. The bank moved from a head of front office role to a more integrated approach. Three heads of relationship report to David Durlacher, chief executive of Julius Baer’s business in the UK and Republic of Ireland. They are Annabel Bosman, Rob Woodthorpe-Brown and Rajan Rattan.

BNP Paribas' asset management arm created the new post of climate change research head. Mark Lewis, former Barclays and Deutsche bank analyst and head of research at independent think tank Carbon Tracker, joined BNP Paribas AM's Paris-based climate policy team. He reports to the group’s sustainability head, Jane Ambachtsheer.

LGIM appointed Robert White to join its active equity business as fund manager of UK Special Situations Trust. White has managed unconstrained, concentrated portfolios of 30-40 stocks comprising secular growth ideas which trade at compelling valuations. Prior to this, White was a fund manager for a UK equity portfolio at Mirabaud Asset Management. Before joining Mirabaud in 2013, he was a senior associate within transaction services for PricewaterhouseCoopers.

LGIM also appointed Stuart Briscoe and Brad Jacobs. Briscoe joined the team in September as an equity analyst to work on LGIM’s UK and Europe growth portfolios, reporting to Gavin Launder. He was previously at ICM where he was an equity analyst covering emerging markets; he also held analyst positions at Sarasin and Henderson Global Investors. Jacobs joined LGIM in October as an equity analyst for the Global Income and Real Income Builder strategies and reports to Nigel Masding. He joined from Goldman Sachs where he was an associate in the investment banking division. Prior to this, he was an engineer at Anglo American.

Wealth manager London & Capital named Ian Hunter in a new role as sales director. A 25-year veteran of banking and wealth management, Hunter joined from Sanlam UK, where he was responsible for growing the wealth planner team and improving productivity there.

South Africa-based Nedgroup Investments named Nick White as head of UK and European distribution. White previously worked at Carmignac, where he was a partner, and head of discretionary business development. He has over 16 years’ experience in the industry having also worked for Martin Currie Investment Managers and Invesco Perpetual. He is based in Nedgroup’s London office.

JP Morgan appointed Maya Prabhu, a 10-year veteran of Coutts, as managing director and head of wealth advisory for its Europe, Middle East and Africa region. Prabhu is based in London leading a team providing succession planning, family governance and next-generation development to clients across the region. She reports to the region’s chief executive, Pablo Garnica. Prabhu most recently served as MD and head of Coutts’ wealth advisory services. Prior to that, she worked at New Philanthropy Capital and The Prince’s Trust.
Prabhu took over from Paul Knox who was instrumental in bringing Prabhu into the practice. Knox led the bank’s wealth advisory practice for the past eight years, and moved into advising the group’s largest family offices across the UK and EMEA.

Offshore law firm Carey Olsen Bermuda appointed Bermudians Jay Webster and Keivon Simons. Webster joined as a senior associate following over five years’ practice at a London-based international law firm. He specialises in advising clients on employment law and partnership matters, and has experience across multiple jurisdictions. Simons, who was admitted as a Bermuda attorney in 2014, joined earlier this month as an associate advising clients on a range of matters involving wills and estate probate, corporate administration and civil litigation, and brings a background in human rights law.

JP Morgan private bank added three senior advisor roles to expand its reach to ultra-high net worth clients in European territories. David Agie de Selsaeten joined as managing director and senior banker and leads new client acquisitions, while providing wealth management advice and solutions to clients in Belgium, the Netherlands and Luxembourg (Benelux). Prior to JP Morgan, Agie was market head of a single-family office for HSBC in Switzerland. Achim Unger joined as executive director and investment advisor from Deutsche Bank. and will help drive investments strategy and portfolio positioning, keeping an eye on long-term wealth management planning for clients also in Benelux. Akif Söderström, who joined from Danske Bank International as vice president and investments advisor, works with the firm’s global investments team advising clients in the Nordics. All three are based in Luxembourg and report to managing director and market manager Riccardo Pironti, a 33-year veteran at the firm.

Sandaire, the international multi-family office, appointed Janet Tarbet as a client relationship director. She previously worked at Signia Wealth Limited, where she was head of client relationships and chief operating officer. Tarbet has more than 18 years’ experience in the sector, having previously held a number of senior positions at Coutts & Co.

Janus Henderson Investors appointed Michael C Ho, PhD, as global head of multi-asset and alternatives. He is in charge of asset allocation, multi-strategy and alternatives teams worldwide. He is based in London.

Most recently, Ho was chief investment officer of investment solutions at UBS Asset Management in London. From 2012 to 2017, he was CIO for alternatives, global macro and active emerging market equities, senior managing director and portfolio manager at State Street Global Advisors. Prior to State Street, Ho spent 10 years during two different time periods at Mellon Capital Management managing various investment teams, and was CIO for the firm.

Three new senior relationship managers joined Julius Baer's domestic Spanish business. The new team is based in Madrid and reports to Carolina Martinez Caro, head of Iberia domestic. Heading the new team is Juan José González Quintana, who joined after 12 years at UBS in Madrid where he managed a large portfolio of high net worth Spanish clients and led a diverse team of relationship managers. He was previously at Lloyds TSB where he served clients from Central America as part of the international division. José Casasayas Moro and Ignacio Calderón Aguado both joined as senior relationship managers and bring 30 years’ combined experience at UBS with them.

Citi Private Bank named Varun Chugh as the global market manager for the Global India business and Puneet Sanwalka as the head of the India onshore business. Both individuals replaced predecessors. Chugh replaced Debashish Dutta Gupta while Sanwalka replaced Sameer Kaul. Varun Chugh reports to Jyrki Rauhio, South Asia head for Citi Private Bank, and responsible for leading the private bank’s offshore and onshore India businesses. Puneet Sanwalka, based in Mumbai, reports to Varun Chugh and Pramit Jhaveri, CEO of Citi India.

Bank J Safra Sarasin named Raphael Alder as head of private banking for domestic in Zurich. Alder has 15 years’ experience providing financial advisory services to private banking clients in and around Zurich. Before joining Bank J Safra Sarasin, Alder was in a number of roles at Credit Suisse. In his newly-created role, Alder reports to Yves A Sarasin, who heads private banking for domestic clients in Switzerland.

BNP Paribas Asset Management, part of French banking group BNP Paribas, named Franck Nicolas as senior client solution manager in its multi-asset, quantitative and solutions investment group. Based in Paris, Nicolas reports to Anton Wouters, head of solutions and client advisory. Prior to this, Nicolas worked at Natixis Asset Management where he was head of the investment and client solutions business unit.  

Estera, which provides fiduciary and administration services, appointed Conrad Proud as client director for trust services in the Cayman Islands. Proud has almost 20 years’ experience in the offshore financial services sector. Immediately prior to joining Estera, he was the trust general manager at the JP Integra Group. He also has trust and private client experience from roles at RBC Wealth Management and Rawlinson & Hunter in the Cayman Islands.

Carey Olsen appointed Julie Currie as a senior associate within its trusts and private wealth practice for Guernsey and Jersey; the firm said it was the first time it has appointed lawyer catering to both islands.

International law firm McDermott Will & Emery promoted 28 lawyers to become partners, taking effect from the start of January.

Ascot Lloyd, the independently-owned UK IFA firm, appointed Michael Covell as chairman, and succeeded Grenville Turner, who stepped down from the post. Covell served as chairman of the Tilney Group between 2010 and 2016.

Mathieu Ferragut was appointed chief executive of CFM Indosuez Wealth, a Monaco financial body which is a subsidiary of Indosuez Wealth Management. He replaced Gilles Martinengo, who retired. Ferragut joined Crédit Lyonnais in Singapore in 1996 as a project manager, then became chief operating officer for Asia. In 2000, he joined Crédit Lyonnais' Miami subsidiary as compliance officer and COO. In 2007, he was appointed deputy CEO of CA Indosuez Wealth (Miami), and, in 2008, its CEO. In his capacity as CEO, he has managed the Indosuez Wealth Group's activities in the Americas since 2013.

Union Bancaire Privée appointed Marc Basselier as head of convertible bonds and Alice de la Morinière as senior portfolio manager. Jean-Edouard Reymond, the previous head of UBP’s convertible bonds franchise, left the bank following a transitional period during which he handed over to Marc Basselier and his team. Prior to joining UBP, Basselier led AXA IM’s global and European convertible bond strategies team for over 15 years, and before that he was a convertible arbitrage strategy fund manager at BFT. Alice de la Morinière has 15 years’ experience in bonds, with a special focus on convertibles.

Unigestion, the asset manager, named Dominik Kremer as head of business development. Kremer joined from Columbia Threadneedle Investments, where he was head of institutional (EMEA and Latin America) and co-head of distribution. He has over 20 years’ experience in asset management sales and client service and also held senior positions at Fidelity and Pioneer earlier in his career. He splits his time between London and Geneva.

HSBC made new hires at its wealth and retail banking digital team. Jesper With-Fogstrup joined as global head of digital as a channel responsible for the team delivering business and customer growth through digital experiences. This includes digital acquisition, content management, messaging and optimisation. He joind HSBC from ComparetheMarket.com where he was chief operating officer and prior to that held a number of executive positions in the online travel industry. Kate Simon joined as global head of commercialisation, responsible for working with HSBC’s 38 countries and territories to identify and realise the potential of HSBC as a digital business.

Prior to this, Simon worked at The Walt Disney Company where she had global responsibility for growth strategies and business performance of “DisneyLife”. Simon has previously worked for a variety of consumer-tech start-ups and corporates including blinkbox Entertainment Group, Majestic Wine, Dixons Carphone and Global Media. She has also been in a number of advisory roles working with early-stage digital disruptors in fintech and eCommerce.

Phil Fearnley joined as head of strategic and organisational development responsible for shaping and integrating the digital agenda across the bank. Fearnley has over 30 years’ experience of digital technology strategy development and delivery. Prior roles include digital director for the BBC (British Broadcasting Corporation).

David de Kretser has joined Brewin Dolphin to head up its new Winchester office. He joins from Basingstoke-based IFA firm Aylwin Limited, a firm that Brewin Dolphin is acquiring for an undisclosed sum. The two financial advisors – de Kretser and David Langton - and support staff will move into Brewin Dolphin’s new Winchester office after the deal completes in early 2019.

Brewin Dolphin moved its Bournemouth office to Winchester earlier this month to expand its business in the south of England. The existing client-facing team includes Adam Jarvis, Hannah Dampney and Matthew Lyth. The company has 30 offices across the UK, Dublin and Jersey. The acquisition is subject to regulatory approval.
 

Asia-Pacific
HSBC Insurance (Singapore), part of HSBC, appointed three senior executives: Pranshu Maheshwari as chief and appointed actuary; Leah Ng as chief distribution officer; and Grishma Dalvi as head of business development. All three are be based in Singapore reporting to Carlos Vazquez, CEO of HSBC Insurance (Singapore).

Ping An Insurance (Group) Company of China appointed three co-chief executive officers as part of a corporate governance shakeup. The trio are Lee Yuansiong, Xie Yonglin and Tan Sin Yin. Led by group chairman and CEO, Dr Ma Mingzhe, the three co-CEOs are in charge of retail customers’ integrated financial business, corporate customers’ integrated financial business and technology businesses of the company respectively.

Franklin Templeton Investments named Jason Zhu Guoqing as managing director and director of portfolio management – China within Franklin Templeton Emerging Markets Equity’s investment team, and Yu-Jen Shih portfolio manager and deputy director of research for FTEME, with a focus on portfolio management in Asia. Zhu is based in Franklin Templeton’s Shanghai office, and Shih is based in Singapore. Both report to Sukumar Rajah, senior managing director and director of portfolio management for FTEME, with Shih also working closely with Tek Khoan Ong, director of research for FTEME. With over 20 years of Chinese equity investment experience, Zhu assumed research and portfolio management responsibilities for China A-shares. Zhu joined from Fullerton Fund Management where he was director of investment and head of China Equity, leading its equity team in Shanghai. He oversaw the QFII and RQFII mandates. Previously, he spent a decade at Franklin Templeton Sealand Fund Management where he last served as the head of equity investment. Shih has more than decades of global and Asia investment experience and will be a portfolio manager with a focus on Asia.

Training The Street, an organisation running training programmes for business schools and top-tier banks, appointed Ankur Mittal as head of Asia and the Middle East region. Mittal, who joined Training The Street in 2009, is involved in expanding its Asia and Middle East businesses. He is based in India and has led seminars in the regions including mainland China, Hong Kong, Japan, Singapore, India, Abu Dhabi, Dubai, Qatar, Saudi Arabia, and Nigeria. He has also led seminars in Austria, the UK and the US.

Leonteq, an independent technology and service provider for the investment sector, has appointed Agnes Sheaas co-head of private banking sales, with a remit to target the Asia market. Shea works with Chinmay Patil to expand Leonteq’s presence in Asia. Prior to joining Leonteq, Shea worked at HSBC as head of structured products and brokerage for Asia. Her previous experience also includes positions at BBVA, Citi and KNC Financial Products. Shea is based in Hong Kong and reports to Jeremy Ng, chief executive of Asia.

Allfunds appointed Tuck Meng Yee as head of investment solutions for Asia. He is based in Singapore, reporting to Alexis Fosler, regional manager for Asia at the firm. Tuck Meng Yee has 20 years of experience in the funds and structured product management industry. Previously, he was senior vice president, alternatives, for Asia-Pacific at Citi Global Wealth Management. He also spent three years leading investment strategy, due diligence and execution as chief operating officer and co-chief investment officer for the Malaysian family office, JRT Partners. And in another role, he was director and head of Asia ex Japan/Korea at Moore Management.

A former top banker at UBS, Eric Kang, was appointed as vice-chairman for private banking in Southeast Asia at rival Credit Suisse. Kang is based in Singapore and reports to Benjamin Cavalli, head of private banking for South Asia and chief executive for Singapore. A figure with almost four decades in the banking sector, Kang was most recently part of the global family office operation at UBS Wealth Management where he worked for almost five years. Before that, he covered Southeast Asia clients at Morgan Stanley Private Wealth Management. Kang has also held several senior positions in fixed income sales and trading at various international banks in Singapore, London and Tokyo, including Credit Suisse First Boston where he managed a fixed income and forex sales and trading team for seven years.

Covenant Capital, an Asian-based wealth management firm, appointed Tshua Ngee as its fixed income head, and added a trio of relationship managers. Tshua Ngee is responsible for leading all investment research and portfolio management in fixed income, and works with Edward Lim, chief investment officer. With over 25 years of experience in the financial industry, Tshua Ngee previously worked at Bank of Singapore where he was senior advisor and analyst covering Asian corporate credit and high yield bonds.

The US-listed investments powerhouse KKR named Sumanth Cidambi and Vijay Padmanabhan as directors for its credit business in India. With nearly two and a half decades of diversified industrial experience, Sumanth Cidambi previously worked extensively with corporate boards and senior management teams in Asia, Europe and the US. He works with KKR’s credit portfolio companies in India. Vijay Padmanabhan has worked in credit underwriting and distress investing in the UK and India, including at Old Lane, Fidelity Investments, SBI Funds Management, PricewaterhouseCoopers, and Edelweiss Alternative Asset Advisors.

AMP appointed Alex Wade to join its group leadership team as group executive for advice, having previously worked at Credit Suisse. Wade reports to AMP chief executive Francesco de Ferrari, the former Credit Suisse private banking chief in Asia who went across to AMP recently. Wade took over from Jack Regan, who retired from AMP after nearly 20 years at the firm.

David Akers, was AMP’s acting group executive for advice while Regan was on extended leave. Akers returned to the advice leadership team. Blair Vernon continued as managing director of New Zealand. Most recently, Wade was head of developed and emerging Asia for Credit Suisse Private Banking. He was with Credit Suisse for 12 years in other positions such as chief of staff for Asia-Pacific and head of private banking for Australia. He is experienced in financial services in Australia, Singapore and Hong Kong. De Ferrari, who had been at Credit Suisse for 17 years, and was head of private banking for Asia-Pacific and chief executive for Southeast Asia and frontier markets, joined AMP in August. De Ferrari succeeded Mike Wilkins, who served as interim CEO from April 2018.

David Lim, who was made vice chairman of private banking for Southeast Asia at Credit Suisse as recently as May 2018, resigned from the post. Lim, a veteran of the industry, was most recently vice chairman Southeast Asia at Swiss rival Julius Baer in Singapore.

RBC Wealth Management in Asia appointed Terence Chow as chief operating officer. The post was a reconfigured one rather than a direct replacement for a predecessor. Chow reports to Peter Corry, head of wealth management Asia. The following personnel report to Chow: Chen Yang, head of business strategy; Hwee Leng Tay, head of business operational governance and advisory; Noreen Devine, head of WM Operations, Singapore and Hong Kong, and Ben Willis, head of trust administration.

H2O Asset Management - an affiliate of Natixis Investment Managers  - opened its first Asia office in Singapore and launched a wholly-owned subsidiary, H2O Asset Management Asia Pte. As part of the move, Philip Chow became chief executive of the subsidiary and reports to Vincent Chailley for investment purposes and leads the Singapore office.

Singapore-based technology and innovation club SPECTRUM named an international chief executive, Chris McPherson. McPherson has held senior posts in Asia at Condeco, Intel, Raritan Asia Pacific, and LenovoEMC (previously Iomega).

HSBC named Neo Wang and Rannie Lee as Guangdong co-chief executives. Wang is head of Guangdong commercial banking and Lee is head of Pearl River Delta retail banking and wealth management. Both report to David Liao, president and CEO of HSBC China. They also continue to lead HSBC’s commercial and retail banking, and wealth management businesses in the region.

UBS appointed Amy Lo and August Hatecke to succeed Edmund Koh, as co-heads of wealth management for the Asia-Pacific region, following Koh’s appointment as president of Asia-Pacific and as a member of the bank’s group executive board.

Lo focuses primarily on the bank’s North Asia businesses and Hatecke concentrates on its Southeast Asia operations. Since 2014, Lo has been the head of wealth management for Greater China and country head of UBS Hong Kong, and also chair of WM Greater China since 2017. She first joined Swiss Bank Corporation in 1995 and held various senior management positions, including those of regional market manager for Hong Kong, and head of ultra-high net worth and global family office for Asia-Pacific.

Hatecke was appointed as head of wealth management for Southeast Asia in 2016. He has held various leadership positions in a 19-year career at UBS, and previously also served as head of ultra-high net worth and global family office for Switzerland, based in Zurich. Koh continued to lead development of UBS’ China and Japan onshore businesses, with the Japanese business reporting directly into him.

North America
RBC Wealth Management recruited a team from Koch Wealth Solutions to join its operation in Minneapolis. It brought in industry veterans Paul Koch as managing director and private wealth advisor and David Henrikson as vice president and financial advisor, with more than 60 years in the wealth management industry between them. Julene Melquist joined them as senior financial associate; Judy Cameron as investment associate; and Michael Capeder as client associate.  The group, formerly at UBS, manages more than $350 million in client assets.

RBC Wealth Management also hired two new financial advisors in the recently-opened St Louis office. Curt Allen, senior vice president – financial advisor has 31 years of industry experience. He was joined by James Goralnik, CFA®, senior vice president – financial advisor, who has 18 years of industry experience. Allen and Goralnik were previously at Wells Fargo Advisors, where they managed a combined $254 million in assets.

Raymond James brought in financial advisors Jonathan Palmer, CFP®, and Alexander Moore, CRPC®, to Raymond James & Associates (RJA) – its employee broker/dealer – in Seattle, Washington. The advisor duo operate as Palmer & Moore Financial Group of Raymond James and join from Wells Fargo Advisors, where they previously managed approximately $145 million in client assets. Janet Lee, senior registered client service representative, also joined the firm.

Palmer has been in the financial services industry since 2002. He began his career as a financial advisor at Wells Fargo, where he remained for seven years before joining Raymond James. Palmer is a graduate of the University of California Santa Cruz, where he earned his bachelor’s degree in economics, and Santa Clara University, where he received his MBA.
Moore, first vice president, wealth management, joined the financial industry in 2011, where he began his career as a financial advisor at Wells Fargo. He earned his bachelor’s degree from Colorado College, his master of science degree from the University of KwaZulu-Natal in South Africa, and his master of business administration from Bainbridge Graduate Institute. He earned the designation of Chartered Retirement Planning CounselorSM (CRPC®) from the College for Financial Planning®.

A team of financial advisors who used to work at Wells Fargo Advisors also joined Raymond James. The firm appointed financial advisors Elizabeth Hulley, CFP®, Sean Reynolds, APMA®, and Benjamin Nicholson, CRPC®, to join its employee broker-dealer business, Raymond James & Associates. The team is based in Buffalo, New York. It operates as The Hulley Reynolds Nicholson Group of Raymond James and previously managed more than $100 million in client assets. Joining them at Raymond James was client service associate Kristie Gruszka.

Raymond James’ co-president of global equities and investment banking, Jeffrey E Trocin, stepped down as part of a planned succession. Co-president Jim Bunn, who was promoted to the position and the executive committee in September 2017, became president and assumed full leadership over the business while maintaining his investment banking leadership role. With more than 20 years of experience, Bunn joined Raymond James in 2009 during the acquisition of Lane Berry, where he led the financial technology and technology services practices. Previously, he led Raymond James' technology services investment banking group and served as co-head of investment banking before moving to his current role. He began his investment banking career at Salomon Smith Barney/Citigroup in 1998.   

Trocin remains active with Raymond James and will be appointed vice chairman, Raymond James Financial.  Among other responsibilities, he will continue to serve on various firm-wide and equity capital markets committees.

Raymond James Financial Services-ICD, the broker-dealer of Florida-based Raymond James Financial, named Shannon Reid as its northeast regional director. She succeeded Tom Harrington, who retired at the end of the year after a 16-year stint in the role. Reid has been with Raymond James since 2009 and has served in a variety of roles supporting financial advisors at the firm, including head of retirement solutions, vice president of cash management and private client group planning, vice president of private client group education and practice management. Most recently, she was senior vice president and divisional sales manager for the Raymond James & Associates Eastern Division. Prior to Raymond James, Reid worked at Goldman Sachs for more than nine years.

Raymond James Financial, recently welcomed financial advisor Stephen Bradley, CFP® to join its independent broker-dealer business. Bradley is based in Acton, Massachusetts. Bradley, joined Boston Harbor Wealth Advisors, an independent practice aligned with Raymond James Financial Services, as the broker-dealer business is known. Prior to this, Bradley worked at UBS overseeing more than $160 million in client assets. He has been in the financial sector for more than 13 years,

Prio Wealth, a Boston-based wealth management firm and registered investment advisor, named Melissa Mattison as chief operating officer and chief compliance officer. Mattison heads the company’s operations, technology and compliance teams and reports to CEO John Bratschi. With more than 13 years of experience as a senior financial leader, Mattison most recently served as chief operating officer at Athena Capital Advisors.

Eagle Asset Management, an affiliate of Carillon Tower Advisers and a global provider of equity and fixed-income products, appointed James Camp as managing director of strategic income. Camp also remains MD of fixed income, and his new title reflects an added focus to expand the offering of specialised income products to meet the needs of sophisticated investors. Camp has 29 years of industry experience with the majority having been spent at Eagle Asset Management.

RiskCapital International appointed Thalius Hecksher as chief executive of RiskCap International to accelerate growth into the Americas and globally. The firm provides governance, risk and compliance solutions in the financial services industry. Hecksher  is setting up RiskCapital’s Miami/Fort Lauderdale presence. Thalius, who has had a career of more than 20 years in financial services, relocated to Florida in 2012.

Investment firm Charlesbank Capital Partners named Daren Battistoni as managing director. Battistoni, who brings 14 years of experience in technology investing to the role, began his investment career at Welsh, Carson, Anderson & Stowe in 2004. In 2016 he became a founding partner at Pamplona TMT, where he co-led a $1 billion technology-focused fund that invested in several segments including cloud computing, cyber-security, healthcare technology and software. While at Pamplona, he worked with Hiren Mankodi, who joined Charlesbank as a managing director in October. Together they will lead the firm’s efforts in the technology industry.  

UBS promoted a senior executive in the US to lead its wealth management operations. It named Jason Chandler, who has been with the firm for more than 20 years, as head of wealth management in the US. In this role, Chandler oversees almost 7,000 financial advisors. Prior to this, he co-led investment platforms globally. He succeeded Brian Hull, who was appointed to the post of executive vice chairman Americas. Hull has been with UBS since 2009, after 15 years at Merrill Lynch. These changes took effect from the start of January. Christian Wiesendanger, who co-led the investment-platforms business with Chandler, is the sole head of that unit operating from Switzerland.

Silicon Valley wealth manager Iconiq recruited a BlackRock executive to look after ultra-high net worth clients. Nugi Jakobishvili, who led a team at BlackRock focused on alternative investments, became the investment chief for Iconiq Capital’s family office clients.

Rockefeller Capital Management appointed its first private wealth advisors to join RCM’s new Atlanta office. The advisors are Justin Ryan and Tom Epperson, and they oversee $1.4 billion and $800 million of assets, respectively. They were previously managing directors at UBS Private Wealth Management.

Sequoia Financial Group, an independent financial services firm based in Akron, Ohio, named Al Kantra as senior vice president, private client services. Kantra came to Sequoia with nearly 30 years of diverse experience in financial services, wealth management, and client service. He was most recently at PNC Bank where he served in several executive-level positions for Hawthorn and PNC Wealth Management.

US-based executive search firm Heidrick & Struggles named Sarah Payne as its chief human resources officer, and appointed Rick Greene, its current CHRO, to the Heidrick Consulting business as a partner. Payne’s most recent role was vice president, human resources, global executive search. She has almost 20 years of human resources experience. Prior to joining Heidrick & Struggles, she was director of global executive compensation at Bunge, an agribusiness company. Greene re-joins Heidrick Consulting as a partner.  

Bonhams, the international auction house, appointed Muys Snijders as the head of Americas for the Post-War & Contemporary Art Department. Based in Madison Avenue in New York, Snijders is responsible for leading all Bonhams’ Post-War & Contemporary Art business in America. Snijders previously worked at Christie’s. Most recently she was managing director of Christie’s Americas. Snijders holds an MA in art history and classical archaeology from Leiden University in the Netherlands, as well as an MA in arts management from Greenwich University and an MA in art market appraisal from Kingston University in the UK. She is also a graduate of the Senior Executive Leadership Program for China from Harvard Business School, Tsinghua University in Beijing, and CEIBS in Shanghai. She has been involved in the auction business since 1998, and has worked in London and Amsterdam, as well as New York.