Atlantic Trust, the private wealth management division of Invesco, has hired Richard Vandenberg as a managing director and head of the firm's San Francisco office. He will be responsible for business development and overall client service for that office. 

Vandenberg joins from Bessemer Trust where he was a managing director and business development officer for that firm's San Francisco office. Before that, he was a senior vice president and wealth advisor for the private client group at Merrill Lynch, where he provided wealth advisory services to ultra high net worth clients on the West Coast.

"[Vandenberg] will be instrumental in continuing to build our brand and grow our business throughout the Pacific Northwest," said Jack Markwalter, Atlantic Trust chairman and chief executive officer.

Atlantic Trust has 11 full-service locations across the US with approximately $17 billion in assets under management at December 2010.