People Moves

Summary Of Executive Moves In Global Wealth Management - April 2013

7 May 2013

Summary Of Executive Moves In Global Wealth Management - April 2013

New York-based Provident Bank promoted its chief wealth management officer, James Nesci, to executive vice president. 

Nesci, who is also president of Beacon Trust Company, a Morristown, NJ-based subsidiary of Provident Bank, has over 20 years of financial industry experience and is working to enhance and expand Provident's wealth management offering.

Nesci is a member of Beacon Trust’s board of directors and Provident Bank’s executive leadership team. He also serves on several of the bank’s management committees, including the asset and liability, officers trust, and disclosure committees. Additionally, he is a board member of Provident Investment Services.

Rothstein Kass brought in Todd Kesterson as director of family office services in Dallas, TX - a role in which he will provide accounting, tax and business consulting services to high net worth individuals and family offices.

Kesterson has about 25 years of experience in public accounting, wealth advisory and business operations. He has also worked in family business consulting, investment analysis, estate and business planning, internal controls and risk aversion, and budgeting and cash management.

Kesterson spent the past 15 years or so as president and chief financial officer for the private wealth management office of a high net worth family in Dallas. In that role, he oversaw all business and day-to-day operations including accounting, planning and forecasting, asset custody and security, human resources functions, and private foundation operations and compliance.

Before that, he served as CFO of a privately-held auto finance company, having started his career as a tax consultant at Ernst & Young.

Denver, CO-headquartered Janus Capital took on Michael Stern as sales director, charged with expanding the firm’s intermediary distribution and sales in New York City.

Stern has over 20 years in financial services sales and sales management and was most recently a market director within the wealth management group at JP Morgan Chase. He started his career as a financial advisor and, later, a branch sales manager at Smith Barney in Melville, NY. 

White Oaks Wealth Advisors, an independent and private wealth management firm in Minneapolis, MN, promoted Michaela Larson to director of operations.

Larson joined White Oaks Wealth Advisors five years ago and has since been managing the firm’s internal and external communications.

Los Angeles, CA-headquartered Aristotle Capital Management hired Catalina Llinás as a managing director within its client service and marketing team.

Llinás was latterly a senior vice president at Metropolitan West Capital Management, having previously held an investment role at Citibank in Spain.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes