Family Office

Deutsche Bank wealth unit still hiring like crazy

FWR Staff 8 November 2006

Deutsche Bank wealth unit still hiring like crazy

DB Alex. Brown appoints sales head for New England, names five new advisors. Deutsche Bank Alex. Brown has made a slew of new appointments. Chief among them, former Credit Suisse executive Gary Domoracki has been named the Alex. Brown's regional executive for New England.

Along with Deutsche Bank's U.S. private-banking operations, DB Alex. Brown, the private-client consulting arm of Deutsche Bank Securities, forms the Frankfurt-based bank's U.S. Private Wealth Management (PWM) business -- which has been hiring people like it's going out of style for the past 18 months.

Based in Boston, Domoracki will manage and expand DB Alex. Brown's sales efforts in the six-state region.

Domoracki reports to Michael Burke , himself a newcomer to DB Alex. Brown. "We are confident that Gary's career and deep roots in the Boston community will serve him well and assist in his seamless transition," says Burke.

Touchdown

A lawyer by training, Domoracki joins DB Alex. Brown from Credit Suisse's CS First Boston division, where he led retail-brokerage sales in the Boston region. Earlier in his career he was an advisor with Donaldson, Lufkin & Jenrette, which Credit Suisse acquired in 2000.

Other recent DB Alex. Brown appointments include those of Nathan Allen (Greenwich, Conn.), Nicholas Biondi (Philadelphia), Michael Engelbrecht (Palm Beach, Fla.) Jay Pickett (Atlanta) and former New York Giants wide receiver Phil McConkey (San Fransisco) and as private-client advisors.

Allen comes to DB Alex. Brown from UBS. Biondi previously worked at Janney Montgomery Scott. Engelbrecht joins from JPMorgan Private Bank. Pickett comes from Smith Barney. A graduate of the U.S. Naval Academy, McConkey was a navy helicopter pilot before he became a professional football player. Most recently he was a senior v.p. in institutional equity with GGET.

See the links below for articles on other recent hires by Deutsche PWM. -FWR

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