People Moves

Summary Of Executive Moves In Global Wealth Management - October 2013

11 November 2013

Summary Of Executive Moves In Global Wealth Management - October 2013

Merrill Lynch Wealth Management hired an advisor team from UBS Private Wealth Management with over $1 billion in assets and over $11 million in production.

The team - comprised of Stephen Ruvituso, Lee Konopka, Robert Matluck and Todd Stankiewicz - joined Merrill’s White Plains, NY, complex. Meanwhile, Robert Brust joined Merrill’s Ponte Verda, FL, office from Wells Fargo.

Chicago, IL-based investment management firm RiverNorth Capital Management bolstered its team with three new appointments. David Gifford joined RiverNorth as an investment analyst. Chris Lakumb is a portfolio specialist and responsible for supporting the investment management team and serving as a liaison between RiverNorth’s portfolio managers and investor base.

Paul Raskin joined as a software developer, responsible for data operations and the development of core infrastructure and proprietary trading systems. Gifford previously worked as a senior trader on the equity desk at Wolverine Trading for 11 years. Lakumb has rejoined RiverNorth after relocating to California to work for EverBank as a wealth management specialist. Raskin has spent more than five years writing financial software, and most recently wrote futures and options trading applications as a software developer for RJ O’Brien & Associates.

Raymond James recruited a team of advisors operating as TSD Capital Group - an independent firm in Athens, GA - to Raymond James Financial Services, the firm’s independent broker-dealer. The team includes Bill Schroth, senior investment advisor and TSD managing partner; Joseph Taylor, senior investment advisor and TSD managing director; Kip Dominy, senior investment advisor and TSD partner; financial advisors Bruce Kelly and Ken Hyatt; senior registered administrative assistant Leigh Anne Kane; and senior administrative assistant Anna Richardson.

The team came to Raymond James from Wells Fargo Financial Advisors Network.

Howard Altman, co-chief executive and principal-in-charge of Rothstein Kass’ financial services group, was named as treasurer of the Managed Funds Association.

Altman will also serve for one year as a member of the MFA’s board of directors.

Manulife Asset Management hired Richard Bonzagni as a managing director within the firm’s global consultant relations team. He spent the last 13 years with Cadence Capital Management, a Boston-based boutique investment manager - most recently as a principal with consultant relations, sales and client service responsibilities.

Kansas-based Mariner Wealth Advisors, the independent wealth advisory firm, brought in Robert Swift as senior vice president of trust and estate planning.

Swift has 25 years of industry experience and joins Mariner from Colorado State Bank and Trust, where he most recently served as senior vice president and trust manager.  

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