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Summary Of Global Wealth Management Executive Moves – November 2023

Editorial Staff

29 May 2024

Irish law firm Dillon Eustace appointed Laura Goonan and Hannah Fenlon as partners in its asset management and investment funds practice. Goonan advises investment funds, investment managers, fund management companies and other service providers in the asset management sector on undertaking business in Ireland. Fenlon advises investment managers on a broad range of Irish investment fund regulatory matters, including structuring and establishment as well as ongoing operation and compliance. 

Taylor Wessing appointed Nick Warr as the firm's next UK senior partner for a three-year term. He succeeded Dominic FitzPatrick. Warr, who heads the firm's international Private Wealth sector group, has been a partner since 2005.

Allfunds appointed Antonio Varela as its new chief operating officer. Based in Zurich, Varela reports to Juan Alcaraz, CEO. The role is a newly-created on. He has served as the head of global wealth EMEA technology and operations at Citi, as well as Swiss senior country operations officer.

Augusta Investment Management appointed Tristan Elbrick as managing director, head of business development. Elbrick has more than 25 years of experience of advisory work and capital raising in global markets. Most recently he was head of France for Lazard Venture and Growth Banking.

SG Kleinwort Hambros appointed Gene Salerno as its new chief investment officer (CIO), based in London. In 2016, Salerno headed the investment strategy for SG Kleinwort Hambros, and since 2020 he has been chief transformation officer, responsible for pioneering a digital interactive tool for exploring investment solutions with clients.

The German-French financial group, ODDO BHF, appointed former senior Credit Suisse figure Mischa Tschopp as head private wealth manager for the German client business. In this newly-created role, Tschopp reports to Joachim Häger, global head private wealth management, partner, and member of the management board of ODDO BHF.

The independent unit within Geneva-headquarered Pictet, Pictet Alternative Advisors (PAA), appointed former Cambridge Associates senior figure Trudi Usher Boardman as head of hedge funds. Based in Geneva, Usher Boardman reports to Elif Aktu, managing partner at Pictet and chief executive officer of PAA. At Cambridge Associates, Usher Boardman was previously responsible for discretionary and non-discretionary client portfolio relationships. She also has worked at Partners Advisers and at Morgan Stanley.

Sionic, part of UK-headquartered Davies – an international professional services and technology company – appointed Richard Dodds as a partner in its asset and wealth management practice. Dodds has more than 25 years of operational and change management experience within the industry. He joined from State Street.

Natixis Investment Managers appointed Laura Kaliszewski as global head of client sustainable investing. She reports to Fabrice Chemouny, head of international distribution, and David Giunta, chief executive for the US. Kaliszewski joined Natixis IM in 2020 and served as head of sustainable investment solutions. 

Evelyn Partners bolstered its Bristol financial planning team by making three new appointments. Bronwen Lancaster joined as a partner, Joy Wisniewski as an associate director of financial planning and Chris Iles joined as a financial planner.   

Edmond de Rothschild appointed Nathalie Wallace as chief sustainability officer, based in Paris. Wallace reports to Cynthia Tobiano, deputy CEO Group, and Christophe Caspar, global CEO of Edmond de Rothschild Asset Management. She has worked in the sector for more than 20 years. 

Hugh James, a full-service law firm, appointed Victoria Cannon as the new partner to head the firm's family team. She has 20 years of experience in family law.

Sarasin & Partners, appointed six new partners in the business. Two new partners were appointed from Sarasin & Partners’ charities team: Alexander True and Tania McLuckie. Four appointments in the private client team: Stephen Rothwell; Nick Wood; James Fishbourne, and Graeme Bruce.

Newton Investment Management hired Liliana Castillo Dearth to lead the firm’s emerging market and Asia equities team. She replaced Paul Birchenough and Ian Smith, co-leads of the emerging markets and Asia equities team, who left to pursue other opportunities. Based in London, Dearth reports to chief investment officer of equities, John Porter. Dearth has managed equity strategies for more than 20 years, most recently as portfolio manager at Wellington Management. Prior to Wellington, she spent 18 years at AllianceBernstein. 

Bedrock, the European wealth management house, promoted Carlota van de Koppel and Raquel Santos Silva as partners. Van de Koppel joined Bedrock in 2016 and is now chief operating officer of the group. Santos Silva joined Bedrock's Wealth Management division in 2021 as director, responsible for ultra-high net worth clients in the UK and Portugal.

SEI appointed Ian Love as head of its asset management business for the UK, Europe, Middle East, Africa and Asian regions. A 20-year SEI veteran with a long track record of success, he reports to Wayne Withrow, head of SEI’s global asset management business.

Aviva Investors appointed Oskar Geldof as head of the Benelux countries – Belgium, the Netherlands and Luxembourg. He is based in Amsterdam and reports to Torben Dunkel, head of Europe at Aviva Investors. He succeeded Catrinus Van Willigen, who retired after almost 13 years with the firm. Geldof, who has over 20 years of experience in the industry, previously spent a decade at Fidelity International where he was most recently head of institutional sales (public and private markets) for the Netherlands.

Kroll appointed Julian Marsh as managing director in Kroll’s financial services compliance and regulation practice. Marsh, who is based in London, has more than 25 years of experience in the banking sector.

Pacific Asset Management appointed David Brooks as director in the UK advisor solutions distribution team. He reports to Ben Sears, head of UK solutions in London.

Northern Trust Asset Management, part of US-headquartered Northern Trust, appointed former senior Robeco figure Guido Baltussen, as head of quantitative strategies in its international business. The role, which encompasses Asia among other regions, is a newly-created one.

Baltussen, based in Amsterdam, reports to Michael Hunstad, the firm’s deputy chief investment officer and chief investment officer of global equities. At Robeco, Baltussen was head of equity factor investing and co-head of quantitative fixed income.

Canaccord GenuityWealth Management UK and Crown Dependencies appointed two business development directors, Toby Gower and Francis Walker, to join its independent financial advisor (IFA) sales team to expand its reach in the IFA market. 

Gower was formerly a strategic account manager at M&G Wealth for three years. Walker joined from abrdn, where he was a business development manager for over five years working with financial planning businesses.

Close Brothers Asset Management bolstered its London office with the appointment of Sally Fawcitt as senior investment manager. Based at the company’s Mayfair office, Fawcitt provides bespoke investment services for high net worth clients. Fawcitt was previously investment director at UK wealth manager Evelyn Partners, where she worked for almost 20 years. 

Nomura Asset Management appointed Kapish Patel as co-portfolio manager on its Corporate Hybrid Bond Fund. Based in London, Patel reports to Julian Marks, head of corporate hybrid bonds. Patel previously worked with Marks at Neuberger Berman. He joined Neuberger Berman in 2016.

London-based law firm Fladgate appointed Simon Goldring as partner in its dispute resolution practice. Goldring joined the firm in January, with 10 years’ experience advising on contentious trusts and probate matters, working with settlors, beneficiaries, executors and trustees on a broad range of contentious matters.

RBC Brewin Dolphin appointed Richard Betts as wealth director. He is based at the firm’s Waterloo Place office in St James’s, London. Betts joined the firm – created from RBC’s purchase of Brewin Dolphin in September 2022 – from J Safra Sarasin. 

UBS Global Wealth Management named a new country head in Jersey – Tobias Wehrli. He took over from Tom Hill after Hill completed a 13-year stint in the island. Wehrli moved to Jersey from Zurich. In Hill's case, he headed back to London to take on a new role at the Swiss bank. Across his 25-year career at UBS, Wehrli has served in a variety of roles across Europe.

Stonehage Fleming appointed Gillian Ralston Jordan as head of family office in Guernsey. She was a direct replacement for the former incumbent, Iris Harvey, who left. Ralston is based in Guernsey and reports to Greg Harris, partner and head of family office division for all British Islands (UK, Channel Islands and Isle of Man.)

Jupiter Asset Management hired Adrian Gosden and Chris Morrison to manage its UK equity income fund. They joined from GAM. Before joining GAM in 2017, Gosden co-managed the UK equity income franchise at Artemis. Previously, Gosden worked at Société Générale Asset Management and Fleming Investment Management.

The financial services network, Openwork Partnership, appointed Anna Davies as wealth proposition director, reporting to Rob Askham, proposition director at the organisation. Davies joined from St James’s Place, where she was the director of propositions of the investment division. Davies also held several senior positions with St James’s Place discretionary fund management subsidiary company, Rowan Dartington.

Evelyn Partners added to its Leeds investment management team by appointing Matthew Wells as a partner. Wells, who has more than 25 years of industry experience, started his career with Schroders in London.

Succession Wealth appointed Daniel Jones as head of mergers and acquisitions. Jones reports to Steve Willis, group finance director at Succession Wealth. He joined from PwC’s Financial Services Advisory team, where he led the team’s wealth management advisory offering.

State Street Global Advisors appointed Ann Prendergast as new head of Europe, Middle East and Africa. She took over from Rory Tobin, who announced he was retiring in June 2023 following nine years at SSGA. Prendergast reports to president and chief executive Yie-Hsin Hung. She continues to lead State Street Global Advisors Europe. 

After five years leading Fidelity International as CEO, Anne Richards decided to step down from her full-time executive role. She remains with the company as vice chair and as CEO for a transition period. 

Burgess Mee Family Law appointed private client lawyer, Georgina Crane, as a legal director. Crane was previously a senior associate at London law firm, EMW LLP. She has an extensive track record of advising high net worth individuals, city professionals, entrepreneurs, and family offices. 

London-based corporate finance advisory firm, Continuum Advisory Partners, appointed two new senior managing directors: Duncan Buck and Andrew Gould. 

Buck, who is a financial services banker with over 25 years’ M&A experience, had been at Fenchurch since 2012, where he was a senior managing director and vice chairman. Gould joined Continuum as a senior managing director from Deloitte, where he was a partner based in its London office.

Invesco appointed Molly Betournay as director of ESG research. Betournay was formerly at Clean Yield Asset Management, a Vermont-based investment advisory firm. Betournay’s 19 years of experience also include director of ESG and impact investing at Pathstone, head of US research at Vigeo EIRIS, and lead sustainability analyst at Impax Asset Management (formerly Pax World Funds).

UK wealth manager Brooks Macdonald appointed Maarten Slendebroek as chairman and as non-executive director, subject to regulatory approval. He succeeded Richard Price, the acting chairman. 

European asset manager, DWS, appointed Dan Robinson to the newly-formed role of EMEA head of alternative credit. Based in London, Robinson reports to Paul Kelly, global head of alternatives at DWS. Robinson was most recently managing partner of capital asset solutions at Man Group, responsible for multi-asset credit in the insurance, institutional and retail channels as well as private equity-led offshore reinsurance growth strategy. 

Canaccord Genuity Wealth Management in the Crown Dependencies promoted Charles Cohen to head of wealth management in Jersey. Cohen was divisional director responsible for five CGWM offices in North of England and has been an investment director at Canaccord Genuity in London since 2016. Cohen succeeded Ryan Harrison, who retired after 16 years with the firm.

London-based law firm, Fladgate appointed Catherine Costley and Joshua Moger as partners in its family law team from Payne Hicks Beach. Costley and Moger have nearly three decades of combined family law experience advising high net worth and ultra-HNW clients.

The global investment-management firm, AllianceBernstein, added a European and global growth team to expand its client offering. The team consists of five portfolio managers from Allianz Global Investors, led by Thorsten Winkelmann. 

LGT Wealth Management, the UK firm that is part of Liechtenstein’s LGT, appointed Siobhan Archer as global stewardship lead. She reports to Phoebe Stone, head of sustainable investing.

North America
Raymond James welcomed financial advisor Ross P Grant, in Wellesley Hills, Massachusetts. Formerly with Wells Fargo, Grant managed around $160 million in client assets and was joined by senior client service associate Renee Cooper. The group operates as Ross P Grant of Raymond James. Grant has over 45 years of experience as senior vice president, investments. He recently served as an advisor at Wells Fargo Advisors, with a 17-year tenure at the company. 

Financial advisors John McFadden and Matthew McFadden joined the branch channel of Ameriprise Financial. They came from Wells Fargo Clearing Services, with $235 million in assets in Mount Laurel, New Jersey.

Raymond James welcomed financial advisor Cole Wilson to Raymond James Financial Services – the firm’s independent advisor channel. Wilson and client specialist Stephanie Neel joined the advisors and professionals at Decker Capital Partners, establishing its Abilene, Texas branch. 

Geneva-headquartered Bordier & Cie appointed a new head of its Uruguay business, Gerardo Palacios. Palacios has more than 30 years’ experience in the Latin American wealth management industry. He spent almost 20 years working for ABN AMRO in Uruguay, Brazil and Switzerland, where he became head of Latin America in Switzerland. Palacios moved to UBS and eventually became CEO of UBS Uruguay. His last position at UBS was as regional local head for Central Andean and South Latam, based in Switzerland. Most recently Palacios founded and managed his own family office in Montevideo.

Nepsis, a US financial advisor and investment management firm, promoted Matt Pearson to president. Pearson initially joined as a research analyst more than a decade ago.

Advisor Credit Exchange appointed former senior UBS figures JP Connellan as chief executive and Melanie Warner as chief operating officer and head of business development. Former CEO and co-founder Peter Stanton, who decided to step down from his role, remains as a strategic advisor.

At UBS, Connellan and Warner set up the Swiss bank's Independent Advisors Solutions Team. Together they helped launch a strategic initiative between UBS and ACE, whereby the advisors on ACE's platform can access UBS's cash management solutions to help manage their clients' assets and liabilities. 

Other leadership appointments include Brett Barnes as head of business development for the Western Division and Justin Taylor as head of business development for the Eastern Division. Additionally, Jack McDonough joined the ACE team as a business analyst supporting business development efforts. Messrs Barnes, Taylor, and McDonough came to ACE from UBS's Independent Advisors Solutions Team.

Raymond James Financial Services Independent Contractor Division president Jodi Perry elected to leave her post for the newly-created role of national head of advisor recruiting. Senior vice president and Northeast division director Shannon Reid succeeded Jodi as ICD president. 

The firm also welcomed financial advisor Brian Chappell to its independent advisor channel, in Jacksonville, Florida. Chappell is president of Speedwell Capital Group and was joined by branch professional Ian Atkinson in the transition from UBS Financial Services.

Next Capital Management recruited two former figures from Rockefeller Global Family Office – part of Rockefeller Capital Management – Christopher Fineburg and Teresa Armel. Fineburg and Armel joined as senior wealth advisor and wealth advisor, respectively.

Edward Jones appointed financial advisor Kamar Plunkett. With more than 14 years’ industry experience providing wealth management and retirement planning strategies, Plunkett continues to serve as a trusted resource for clients in New York City. Previously, he worked at Fidelity for over four years where he specialized in asset management.

Bear Creek Asset Management, which serves high net worth individuals and other clients, appointed Jonathan Stern as managing director. Stern was previously an MD at Fundamental Advisors located in New York.

BNY Mellon Wealth Management appointed Christopher Brown as market president in Northern California. Brown, who is based in the company’s San Francisco and Menlo Park offices, reports to Jim Barnyak, president, West Region. Brown spent six years at JP Morgan Private Bank where he was market team lead.

EP Wealth Advisors, a registered investment advisor, appointed Kyle Miller, as MD, mergers and acquisitions. Spending the first five years of his career in wealth management and private banking roles covering investment, planning, estate, trust and banking, Miller was involved in the M&A insurance sector area for eight years. During his time at Acrisure, he was the deal lead on more than 165 acquisitions. Miller is based in Chicago.

Emigrant Partners added to its advisory team and investment group. Jason Ehrlich joined as managing director and head of investments, while Mark Bruno joined as managing director and head of strategic advisory, and Sam Grewal as vice president of investments.

Financial advisors Jason Kokaly and Brian Reiber joined the independent channel of Ameriprise Financial, from Edward Jones in Flint, Michigan. They brought more than $130 million in client assets.

Savvy Advisors a US RIA appointed Marisa Joelson as a founding principal wealth manager and global investment strategist. Joelson has worked as an advisor at Perigon Wealth Management and Merrill Lynch. In 2017, Joelson founded Meta Point Advisors as her platform to share thought leadership content related to current events and their impacts on the global market.

Raymond James welcomed financial advisors Kevin Okim and Deborah Okim, to its independent advisor channel. The husband-and-wife duo arrived from Edward Jones, where they managed nearly $260 million in client assets. 

Fiduciary Trust of New England, a New Hampshire chartered trust company, appointed Jill Mastroianni as trust counsel and vice president. She is based in the firm’s Manchester, New Hampshire office reporting to Fiduciary Trust Company’s chief fiduciary officer, Suma V Nair, JD. Prior to this role, Mastroianni worked at Holland & Knight (previously Waller Lansden Dortch and Davis) in Nashville, Tennessee.

Anchor Capital Advisors, a $7.8 billion RIA based in Boston, Massachusetts, appointed Stephanie K Moroney as director of research. Moroney began her career at Boston Private Financial Holdings, entering their rotational development program, which included a stint at Anchor Capital. She joined Anchor in 2015.

Morgan Stanley named Jed Finn as the head of its $4.8 trillion wealth-management business. Finn worked closely with co-president Andy Saperstein since Finn joined the Wall Street firm in 2011. 

Jacques Chappuis and Ben Huneke became co-heads of investment management, also reporting to Saperstein. Chappuis is global head of distribution and co-head of the solutions and multi-asset group. Huneke is head of the investment-solutions group.

iPipeline, which provides digital solutions for the life insurance and financial services industry, appointed a new chief executive, Pat O’Donnell, taking over from interim CEO Deane S Price. Price had been in the role since February 2023. O’Donnell reports to Satish Maripuri, group executive, at Roper Technologies (US-listed parent of iPipeline and Aderant). 

Argent Trust Company, a subsidiary of Argent Financial Group, appointed Michelle Canerot as a trust officer for the funeral and cemetery trust division. 

The wealth management division of KeyCorp, Key Wealth, appointed Catherine O’Malley Kearney as national head of Key Private Bank and Jeff Douglas as head of Key Bank Institutional Advisors.

Previously, O’Malley Kearney was head of KeyBank’s institutional advisors’ business and served as chief fiduciary officer. O’Malley Kearney brought nearly 25 years of wealth experience since she began her career at Key Private Bank as a trust officer.

Charlie Munger, the right-hand man to investment tycoon Warren Buffett, died at the age of 99. The word “legendary” doesn’t quite do justice to Munger, whose influence on people's thinking about investment and portfolio management was immense. Munger was very much associated with the notion of “value investing.”

Citigroup named Johanna Chua as its new head of emerging markets economic research. Chua, who remains based in Hong Kong, took over from London-based David Lubin. This was the first time that a global emerging market head has been based in Hong Kong.

Chua joined the US banking group in 2000 and has been head of its economics team across the pan-Asia region since 2009, including China, India, and Korea.

DWS appointed Hiroki Wiesheu as president and head of coverage, Japan. Hiroki reports to Vanessa Wang, Asia-Pacific head, and APAC coverage head. Hiroki was previously at Metzler Asset Management Japan, where he was president and CEO, serving as a board member at Metzler-Payden and Metzler Realty Advisors in the US. 

First Sentier Investors appointed former Perpetual Limited senior figure Amanda Gazal as new chief operating officer, based in the firm’s Sydney office.

Gazal replaces Gary Cotton who, in addition to his responsibilities as regional managing director of EMEA, was interim COO. With more than 20 years of experience in asset management and investment banking, Gazal was previously COO at Perpetual Limited, holding that post since 2020.

Japan’s Sumitomo Mitsui Banking Corporation appointed Junwei Wu and Sukrit Dewan to leadership roles in Asia-Pacific. Junwei Wu joined as head of structured credit for Asia-Pacific, based in Singapore. The team in which Wu and Dewan operate was a new one for the bank. 

Prior to joining, Wu was the head of structuring for Southeast Asia and India at Credit Suisse. Sukrit Dewan joined SMBC in Hong Kong as head of global sponsor coverage for Asia-Pacific, where he works with the firm’s regional and global partners. With more than 17 years of experience in banking across Europe, the US and Asia-Pacific, Dewan has worked at Credit Suisse, Mizuho Bank and Société Générale.

Global investment manager Barings appointed John Park as head of Korea and the sole representative director of Baring Asset Management Korea Limited. Park was co-representative director of Barings Korea, serving alongside Ike Bae, who retired after 12 years of service. Park, who joined Barings Korea in 2000, formerly SEI Asset Korea, was promoted to chief investment officer in July 2008.

Newton Investment Management hired Liliana Castillo Dearth to lead the firm’s emerging market and Asia equities team. She replaced Paul Birchenough and Ian Smith, co-leads of the emerging markets and Asia equities team, who left to pursue other opportunities. In this London-based role, Dearth reports to chief investment officer of equities, John Porter. Dearth has managed equity strategies for more than 20 years, most recently as portfolio manager at Wellington Management where she developed and managed emerging market equity portfolios, investing in sustainable, secular growth trends in those markets. Prior to Wellington, she spent 18 years at AllianceBernstein.

HSBC Asset Management appointed Pang Qi Lim as its new chief executive for the Southeast Asia and Singapore markets. Lim succeeded Patrice Conxicoeur, CEO and head of Southeast Asia, who decided to pursue new opportunities outside HSBC. In addition to these C-suite roles, Lim became head of strategic partnerships for Southeast Asia. He is based in Singapore and reports to Daisy Ho, CEO for Asia-Pacific and Hong Kong, at HSBC Asset Management, and Ashmita Acharya, head of wealth and personal banking, HSBC. Prior to these roles, Lim led business development for client solutions and services businesses, Asia-Pacific, at Fidelity International. Before that, he was the Asia business lead for strategic initiatives. 

SEI appointed Ian Love as head of its asset management business for the UK, Europe, Middle East, Africa, and Asian regions. Love leads SEI’s asset management strategy and oversees the institutional and intermediary businesses outside of North America.

WRISE Group, a Singapore-based wealth management business, appointed wealth management and investment banking senior figure Shigehiro Suzuki as market head of Japan. He leads a team in the Singapore office. Shigehiro, who brought more than 20 years of experience in the financial and accounting industry, has worked at firms such as Bank of Singapore and Credit Suisse. He also worked at Grant Thornton Taiyo ASG (Japan) as a certified public accountant.

Hong Kong-based Sun Hung Kai & Co (SHK), an alternative investments firm, named Christophe Lee as deputy chief executive of its funds management arm. Lee is deputy CEO of Sun Hung Kai Capital Partners Limited.

Lee has more than 32 years of financial services and asset management experience in Asia. Prior to joining SHK, he was the chief executive of IDEG Asset Management (Hong Kong) and held senior positions at SHK Financial, Morgan Stanley and Goldman Sachs. He was also the founder and CEO of Lotus Asset Management.

Julius Baer appointed new market heads across Asia: 

Yee Kim Tan, Singapore branch manager as well as Greater China location head and group head in Singapore, was promoted to market head Greater China Singapore. This added to his role as Singapore branch manager. He reports to Jimmy Lee, member of the executive board at the bank and Asia head. A banker with more than 25 years of industry experience, and working in locations including London, Shanghai and Singapore, Tan relocated to Singapore in 2023. He was executive officer for Bank Julius Baer Hong Kong branch in 2016.

Shui Wei Ho, group head of Southeast Asia, was promoted to market head Thailand, Japan, and Asia Switzerland. She also reports to Lee. Ho, who joined Julius Baer on 1 August 2022 for her previous role, has more than 25 years’ experience in the financial industry. Prior to joining Julius Baer, Ho was with the Bank of Singapore where she was the market head for Thailand and Indochina. Prior to that, she was with UBS and the Monetary Authority of Singapore. 

Kunal Sumaya, group head global India and Japan Singapore, was promoted to market head global NRI. Sumaya, who reports to Rahul Malhotra, became a member of the executive board, Julius Baer. He has worked at the Swiss bank for 13 years. 

Chin Lit Yee remained as market head Southeast Asia and David Shick remains as market head Greater China. 

360 ONE Wealth, the Indian wealth management firm, named Satheesh Krishnamurthy as the CEO of its digitally-driven high net worth business. Prior to this role, Krishnamurthy was involved in launching the brands of Axis Bank catering to affluent and private banking clients. 

OCBC (Oversea-Chinese Banking Corporation), parent of Bank of Singapore, named a new chief executive for its Hong Kong business – Wang Ke. 

He replaced Ivy Au-Yeung, who retired at the end of 2023. Au-Yeung, who was appointed the CEO of OCBC Wing Hang Hong Kong in 2021, joined the bank in 2019 as the deputy CEO. Wang was also appointed the head of Greater China. Ang Eng Siong, the CEO of OCBC China, and Kelvin Lou, CEO of OCBC Macau, report to Wang. Before his latest appointment, Wang served as CEO of OCBC Wing Hang China from December 2019 until October 2023.