People Moves

US Wealth Manager Hires 12 Executives in New York

Tom Burroughes Deputy Editor London 29 April 2008

US Wealth Manager Hires 12 Executives in New York

US Trust, Bank of America Private Wealth Management, has hired a dozen professionals in New York City to work directly with clients, according to American Banker. Since 31 December last year, the bank has appointed more than 250 professionals across the US. With the new people in New York, the Bank of America unit has now added 25 such professionals this month. US Trust said it hired Ada Clapp, Michael Josephs, and Nancy Kistner to be wealth strategies advisors and Jaclyn Kim to be an associate wealth strategist. Ms Clapp joins US Trust from Akin Gump Strauss Hauer & Feld, where she was a partner and co-head of the New York private-client services group. Mr Josephs was a director in the private company services group at PricewaterhouseCoopers. Ms Kistner was head of financial planning in Citigroup's private bank. Ms Kim was a lawyer at Duane Morris in New York. The company also hired David Polansky as city executive for New York. He was an independent consultant and, previously, an executive in JPMorgan private bank. Charles Walker was hired to be a wealth consultant. He was a private client relationship manager at HSBC Bank USA in New York. John Dawson and Noah Kupferman were hired as private client managers and Stephanie Young as a private client advisor. Mr Dawson was a vice president of institutional equity sales at Wall Street Access, a New York wealth management company. Mr Kupferman was a financial advisor at Merrill Lynch in New York and Ms Young was a managing director at Muirfield Capital Management, also in New York. Peter Burkly and John Lori were hired to be portfolio managers. Mr Burkly was a senior portfolio manager at Northern Trust and Mr Lori was a managing member at JDL Partners. Donna McGoey was hired as a specialty asset manager. She was a real estate project manager at Cushman & Wakefield.

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