People Moves

Citi Private Bank Expands US Law Firm Group Team

Vanessa Doctor 12 August 2010


Citi Private Bank has made more additions to its law firm group across the US with the appointment of three investment counselors for New York and San Francisco.

Michael Remark, a former advisor at Merril Lynch, steps into the group's law firm team on the West Coast. Meanwhile, the New York office is adding Kamran Sadr and Van Shell to its team. Sadr was previously a portfolio manager at Stelac Advisory Services, while Shell was an investment specialist in the JP Morgan Chase private wealth management arm. Their appointments come just a few days after the naming of Kathleen Soto to the Chicago office.

The bank has said in a statement that it intends to hire aggressively this year, with a view to increasing private banker numbers to 260 by the year 2012. The company has around 1,000 professional staff across the country and seeks to level with national brokerage firms that have a larger manpower base.

Citi Private Bank offers financial services to clients with at least $25 million in investable assets. The law firm group provides support on the banking and investment needs of lawyer clients.

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