August was a busy month for moves. There were comings and goings at firms including Coutts, Lombard Odier, Investec and Julius Baer.

International (UK, Europe, the Middle East, selection jurisdictions)

Investment consultant Redington appointed Gavin Howard as chief financial officer and executive director to its board. With more than 30 years’ experience in financial services, Howard has been CFO at both IFG Group and Nucleus Financial, as well as having held senior executive positions at firms including Partnership Assurance and Octopus Lifestyle.

Redington promoted Oliver Wayne to head of manager research. He took over from Nick Samuels, who left Redington earlier this year. Wayne joined Redington’s Manager Research team as a vice president in 2016 from Willis Towers Watson where he led the firm’s research on UK equity managers and sat on its global equity manager research team. In July 2022, he was promoted to director having played an instrumental role in developing Redington’s public equity research offering.

Investec Wealth & Investment appointed Tamara Marten as head of corporate executives and professionals in Investec’s Private Office. Marten, who has more than 15 years’ experience in investment management, started her career in FX working with institutional and private clients at Lehman Brothers, Barclays and Citi Private Bank. She moved to wealth management as a private banker, covering family offices, before leading the EMEA investments team at Citi Wealth at Work.

Bank Julius Baer established a new team for local entrepreneurs and executives in Geneva to provide a dedicated offering tailored to these clients. The team is led by Adrien Genecand. Xavier Rival joined the team as a senior relationship manager and deputy team head, together with relationship managers Oceane Levamis and Alexis de Haynin.

Genecand joined from UBS, where he started his career in 2002 and served in a variety of capacities, most recently as a senior client relationship manager for Swiss ultra-high net worth clients in Geneva. Rival spent the last 16 years at UBS in Geneva as a client advisor for Swiss clients. Prior to that, he worked for JP Morgan in risk management functions and as a financial analyst at Banque de France. De Haynin also came from UBS, where he was a relationship manager servicing lawyers, notaries, and fiduciaries clients for the last 10 years. Levamis previously worked for Gonet and UBS.

Global corporate, private client and fund services provider Hawksford appointed two new directors in Jersey. Magda Stratford and Gerry Gowans joined the group as part of its strategy to bolster Hawksford's proposition for international private clients.

The International Stock Exchange appointed Alex Taylor as business development manager for its new private market service, TISE Private Markets. Based in London, Taylor is responsible for developing brand recognition and generating a sales pipeline for TISE Private Markets. Taylor joined from the London-based investment bank, Altimapa Capital, where he has was a commercial director for the last 18 months and was previously head of client relations. Prior to Altimapa, Taylor helped to shape the commercial strategy at peer-to-peer lender ArchOver.

BNY Mellon appointed Cécile Nagel as global head of the corporate trust, taking over from James Slater, who retired. Nagel held her post since 2022 when she joined the business. She was replaced by Dennis Wallestad, subject to corporate governance and regulatory approval.

ASV Private Office, the new London-based group launched earlier in August, appointed Kate Fried as general counsel. Over her career, Fried has been based in London, Hong Kong and Singapore and has worked on cross-border M&A and project finance deals spanning the UK, Europe, the US, Africa, and Asia-Pacific, with institutions including BII, Hutchison Telecom and Macquarie.

Bank Lombard Odier & Co Ltd appointed Kim Chatting as UK market head, Geneva. She reports to Duncan MacIntyre, UK CEO of Lombard Odier Private Bank. Chatting succeeded Dominic Tremlett who decided to step down as UK market head, Geneva, but remained within the group to focus on serving his clients and supporting the UK Region to achieve its commercial ambitions. Chatting has established herself as a trusted advisor to notable UK and international clients over the course of her 30-year career. She is joined Lombard Odier from Julius Baer in Geneva. Previously, Chatting spent six years as a director at Société Générale Private Banking. 

The chief operating officer of Coutts, James Clarry, and chief finance officer, Andrew Kyle, left the UK bank.

Jeremy Marshall, a chief executive of C Hoare & Co, the private bank, from April 2009 to the same month of 2016, died. Joining the venerable UK bank from Credit Suisse, where he had worked for a total of 22 years, Mr Marshall stepped down from his CEO role at C Hoare & Co in 2016 because of ill health. “As the first non-family CEO of the bank, he played a crucial role in developing the bank's strategy and activities. He was a shining example of the bank’s values, a loyal friend, and an excellent banker,” the firm said in a statement. Mr Marshall, is survived by his wife, Jeanette, and by his three children, Naomi, Nathaniel and Samuel.

Rathbones Investment Management appointed David Moore as an investment director in Glasgow. Moore, who has over 25 years of industry experience, has managed investments for a wide range of private clients, professional partners, charities and intermediaries. He reports to Alastair McLean, investment director at Rathbones in Scotland. Moore is a fellow of the Chartered Institute for Securities & Investment.  He is also a trustee of The Trades House of Glasgow and chairs the Investment Committee. He is currently the visitor of the Incorporation of Maltmen in Glasgow, a charity that supports worthy causes connected to the drinks and hospitality sector. Prior to joining Rathbones, Moore spent 13 years at RBC Brewin Dolphin where he was a divisional director. Before that, he was a portfolio manager at Barclays Wealth.

JTC, a multijurisdictional, independent provider of institutional and private client services, appointed David Vieira as group head of Sustainability Services. Vieira, who joined JTC in 2013, has more than two decades of experience in marketing, communications and business development, and has held a number of senior positions within the group.

Sylvain Matthey-Junod was elected as the new chairman of the board of directors of CBH Compagnie Bancaire Helvétique. Matthey-Junod, who joined the board in January 2023, replaced Thierry Weber, who has been chairman since 2009. Weber continued to serve on the board.

A lawyer, Matthey-Junod was previously in charge of legal affairs and compliance at Pictet, Lombard Odier and Syz Bank. 

Ocorian, the specialist global provider of regulatory and compliance, alternative fund, corporate and fiduciary services, promoted Joe French to managing director and head of its Financial Crime and Consulting Services. For over six years, French previously worked for Ocorian’s Newgate Compliance Limited. His experience includes 13 years with HM Revenue & Customs leading intelligence teams which developed domestic and international criminal and civil cases in relation to money laundering, fraud and cyber crime. Prior to this, French worked for the Financial Conduct Authority, after starting his career with Royal Bank of Scotland.

HSBC appointed of Rayan Kazerooni as head of global private banking for HSBC Kuwait. Kazerooni, who was formerly at the Dubai branch of Bank of London and the Middle East, leads the bank's newly-launched onshore wealth management advisory services and expands HSBC’s Global Private Bank offering in the country.

Close Brothers Asset Management appointed Paul Smith as a chartered financial planner, based in its Manchester office.With over 20 years’ experience in the industry, Smith specialises in tax efficiency and cash extraction from inception, through to accumulation and partial or full exit and beyond into retirement and, ultimately, estate planning for the next generation. Prior to joining CBAM, Smith was a director at Brown Shipley & Co, advising high net worth and UHNW private clients and entrepreneurs. His past experience also involves working in private banks, including Coutts and accountancy firms including Mazars.

Resonance, a social impact property fund manager, appointed James Laing to join its board as a non-executive director. Laing has over 25 years’ of financial services and governance experience, most recently at Rothschild and Co, where he helped launch Rothschild & Co’s Investor Advisory practice in 2019. Prior to Rothschild & Co, he was deputy head of UK & European Equities and head of Corporate Governance for the UK and Europe at abrdn (formerly Standard Life Aberdeen). 

Nordea Asset Management appointed Kasper Elmgreen as chief investment officer of fixed income and equities. Based in Copenhagen, Elmgreen is responsible for the group’s fixed income and equity boutiques, as well as NAM’s responsible investments team, the firm said in a statement. He is also a member of NAM’s senior executive committee. Elmgreen returned from the European asset manager Amundi, where he had been head of equities and a member of the global investment committee since 2019.

BNY Mellon | Pershing, a provider of global financial business solutions, appointed Umar Zaman as head of strategy for its EMEA business – a newly-created role. Based in London, Zaman reports to the head of Pershing EMEA, Cécile Nagel. Prior to this, he served as head of strategic initiatives and innovation at Investec Wealth & Investments.

AltTab Capital, the international cryptocurrency and digital assets hedge fund company, appointed Nick Tsui as crypto trader and options specialist to strengthen and expand its portfolio management team. Tsui had worked as an independent trader since 2018.

DWS appointed Dr Markus Kobler as chief financial officer and member of its executive board. He replaced Claire Peel who decided to step down earlier this year. Kobler is responsible for finance, tax, capital planning and management, risk management and investor relations. He has been CFO and a member of the executive committee of Allianz Global Investors since 2013 and has served as head of Allianz Global Investors in the UK since 2020. Prior to joining Allianz Global Investors, Kobler was a managing director at Swiss Bank Julius Baer, based in Zurich and Singapore.

Canaccord Genuity Wealth Management appointed Tom Richards as head of wealth management in its Isle of Man office. It also promoted Victoria Liddle to head of compliance for the Crown Dependencies (Guernsey, Jersey, and the Isle of Man). Richards, who has worked in financial services for 15 years, joined Canaccord in 2019 after the firm acquired Thomas Miller Investment, where he was managing director in the Isle of Man. Richards succeeded Dermott Hamill, who retired after a 20-year career at the business.

Fundpath, the data and business intelligence firm for asset and wealth managers launched in 2021, appointed Adam Harrison as chief growth officer, along with three other hires. Harrison previously worked at Titan Bay, where he was a member of its founding team and chief commercial officer of private markets. With a career in funds distribution spanning more than 20 years, Harrison was also a founder of World Golf Group, the precedent for LIV Golf. He also held senior positions with Standard Life UK as investment director, global financial institutions and with Capital Group as MD for global financial institutions.

Besides Harrison, the other hires are: 
-- Flora Scott, chief marketing officer, formerly communications and marketing head for Redwheel; 
-- Jim Way, senior relationship manager, with 24 years of sales experience in asset management. Most recently, Way was at Invesco; and
-- Stephen Capon, senior RM, who spent the last 20 years working with investment funds and solutions at Ninety One Asset Management.

Mirabaud Wealth Management appointed Joe Knight as managing director and Liam Jones as associate director. Based in London and reporting directly to Stuart Bates, UK market head of Mirabaud & Cie, Knight and Jones support the team in continuing to provide clients with advice on managing their private and professional assets on investments and broader wealth management products and services. 
Prior to his appointment, Knight, who is a Chartered Wealth Manager, was an executive director and the head of the strategic investment advisory team at UBS. He has over 20 years of industry experience including roles at Deutsche Bank and Credit Suisse. Jones, who joined the team on 10 July, was previously an associate director at UBS advising entrepreneurs, executives, and families with their personal wealth. His prior roles have also included time at Smith and Williamson Investment Management and Asset Risk Consultants (ARC).

IW Capital, a UK-based private equity and venture capital house, appointed Chloe Buckley as its new head client services. Buckley previously worked at JLT Wealth Management on the management side of the business as a client support manager. She led a team in London for three years before the company was bought out by Mercer. 

FE fundinfo, a global provider of investment fund data and technology, appointed Liam Healy as its chief executive officer. Healy has more than 15 years of executive leadership experience, focused on delivering customer value through go-to-market strategy (GTM), product delivery and mergers and acquisitions.

The European asset management platform of Mediolanum Banking Group, Mediolanum International Funds Ltd (MIFL), appointed Mariagrazia Briganti as its new head of marketing and communications. Based in Dublin, Briganti reports to Luca Matassino, MIFL’s chief business officer. Briganti has more than 20 years’ communications and marketing experience in the funds industry. Prior to joining MIFL, she was the head of marketing EMEA South for T Rowe Price for five years.

Binance, the global blockchain ecosystem facing regulatory pressure in the US, appointed its former global compliance head, Kristen Hecht, as new deputy chief compliance officer and global money laundering reporting officer. Hecht has 17 years of experience, including nearly a decade supporting the US government's efforts to combat terrorism and illicit financial activity as a senior policy advisor in the Office of Terrorist Financing and Financial Crimes in the US Department of the Treasury. Before Binance, Kristen served as the CCO at Meta's first crypto digital asset wallet project, Novi Financial. 

Evelyn Partners bought boutique wealth manager Millen Capital and five people moved from Millen Capital to Evelyn Partners’ Liverpool office: Millen Capital’s founding partner, Angus Millen; chartered wealth manager Gareth Lyttle CFA; certified financial planner and chartered wealth manager Vicki Harper; and administrators Linda O’Neill and Ruby Leigh.
 

AlphaReal, a specialist manager of secure income real assets, appointed Mark Futyan as a senior advisor and independent chair of its Diversified Renewables Income Fund. Futyan has 25 years’ experience in the energy sector spanning solar, energy storage, wind, nuclear, carbon capture, gas-fired power generation and interconnectors. He serves as a non-executive director on the boards of Anesco and Origami Energy. 

Ogier Regulatory Consulting appointed Owen Woolgar as head of Ogier Regulatory Consulting, Europe while also expanding its expertise to include cybersecurity advice with the appointment of Gavin Baxendale as client director in the Cayman Islands. Woolgar is based in Jersey. Baxendale brought his industry and vendor knowledge together with his partner network to expand Ogier Regulatory Consulting’s skillset and service offering in IT solutions, cyber audit, gap analysis, risk management, policy and governance development, data law conformity, regulatory advisory and forensics. 

Alger Management appointed London-based Stephen Hearle as head of EMEA business development. He reports to Fred Alger & Company, president and chief distribution officer Christoph Hofmann. Hearle has 25 years of distribution experience. Prior to joining Alger, he was head of institutional and wholesale distribution and global head of consultant relations at Nordea Asset Management in London. 

HIGHVERN, the fiduciary, corporate and fund administration services provider headquartered in Jersey, appointed Daniel Jaffe as group head of institutional services. Jaffe, who is based in the firm’s new London offices, began his career in the corporate and commercial sector 25 years ago.

MASECO Private Wealth, a UK-based firm, appointed Adrian Edwards as its new chief operating officer. He took over from Nick Tissot, who left in April. Edwards has more than 20 years’ experience in the market, having held various senior roles throughout his career. Most recently, he was head of operations and IT at Ahli United Bank, UK, and before that served as global head of operations transformation at FNZ. Prior to this, he spent 23 years at Deutsche Bank in various divisions, including investment banking/capital markets and latterly as COO – Wealth Management UK.

Mourant, the law firm, promoted James Cousins from the firm's Guernsey corporate practice, and Will Burnell, a member of the firm's Jersey-based international trusts and private client team, to partner level. Cousins, who joined Mourant in 2022, specialises in investment funds. Prior to joining the firm, he spent over nine years in the investment management industry, latterly as a partner and general counsel in a financial technology business and before that in the legal teams of Brevan Howard and BlueCrest (both global macro hedge funds).

Lindemannlaw, the Zurich-headquartered law firm operating in a number of jurisdictions, appointed Lionel Patrick Serex, LLM. Serex has more than 15 years’ experience in litigation before civil, criminal as well as administrative courts in Switzerland, in arbitration, regulation and financial authorisations with FINMA and other bodies. He has also worked in areas involving blockchain, crypto and fintech including token and distributed ledger technology regulation in Switzerland, Liechtenstein.

Specialist high net worth divorce law firm Lowry Legal appointed matrimonial solicitor Lesley Smythe as a partner. Smythe, who has 25 years’ experience across the full range of divorce law, previously headed up the family and matrimonial department at DTM Legal. Before DTM, she worked at both DWF and Stowe Family Law.

International law firm Charles Russell Speechleys appointed Thomas Snider as partner and head of its international arbitration practice, based in Dubai office. Snider previously worked at Al Tamimi & Co. Among various roles, Snider is on the Court of Arbitration of the Singapore International Arbitration Centre (SIAC) and a member of the board of directors of the Dubai International Arbitration Centre (DIAC).

Bank of Singapore appointed two senior figures, including a chief operating officer, for its Middle East business. It appointed Bora Armangil as COO for the business. He has more than 20 years of experience in the wealth management industry.

A dual Swiss and British citizen, Armangil, who began his career with IBM, has served in senior roles in Deutsche Bank and Union Bancaire Privée overseeing technology, operations and business management. Prior to joining Bank of Singapore, he ran XNext, a wealth management consultancy which he founded to provide advisory, change and project management services to private banks. In the second appointment, BoS named Rebecca Genty-Nott as head of human resources for the bank’s DIFC branch.

Janus Henderson appointed Mike Haslam in the newly-created role of director of sales enablement. Based in London, he reports to Simon Hillenbrand, head of the firm's UK retail side and will be part of the Europe, Middle East, Africa and Latin America intermediary distribution team, which is headed up by Ignacio De La Maza. 

Haslam, who has more than 25 years' industry experience, was previously at Barclays Wealth where he spent the last 13 years. Most recently Haslam worked there as a private banker. Prior to Barclays he served in product specialist roles at Gartmore, Threadneedle Investments and M&G.

Crestbridge, a provider of end-to-end specialist administration solutions to global asset managers and institutional investors, appointed Stacey Moody as a director in its corporate services team as it continues to grow its internationally focused corporate services proposition. Moody has more than 15 years’ experience in the financial services industry, during which time she has specialised as a corporate company secretary in Jersey and Australia. 

Canada Life Asset Management appointed Paul Pugh as head of strategic alliances to join its distribution team. Pugh, who reports to James Stoddart, head of distribution, has more than 25 years of experience in the sector.

Warburg Pincus, the private equity house that invests in sectors including wealth management, appointed former Evercore senior figure Andrew Sibbald as a managing director and co-head of Europe. 
 

Asia-Pacific
Prudential has appointed Bill Maldonado as chief executive officer of its asset management business, Eastspring Investments. Based in Singapore, Maldonado reports to Prudential’s CEO Anil Wadhwani. Maldonado had been serving as interim CEO since April, following Wai-Kwong Seck’s decision to retire from the firm after four years as CEO. Maldonado has 30 years of asset management experience and a track record of leading investment teams globally. Prior to joining Eastspring, he served as the Asia Pacific CIO and global CIO, equities at HSBC Global Asset Management.

FWD Singapore entered the high net worth insurance market and named its first chief HNW officer, Jason Tsui. It also launched its first product aimed at accredited investors.

Tsui, who took on the chief HNW officer role, was previously managing director at the Asian brokerage arm of a global wealth solutions provider in Singapore and Hong Kong.

RBC Wealth Management appointed Rod Ireland as the interim head of its Asia business, who filled a slot left by Terence Chow who left the Canadian bank. Ireland, who is based in Singapore, retained his existing job as head of global markets Asia-Pacific for RBC Capital Markets.

Bank of Singapore appointed former UBS senior figure Jan Boes as a team head for its BOS Wealth Management Europe business. Boes, based in Luxembourg, reports to Lionel Dormann, chief executive, BOS Wealth Management Europe. Previously, Boes worked at UBS from 2004 in a variety of roles: head of UHNW positioning for Asia-Pacific, based in Singapore (January 2016 to July 2018); head of client strategy, global family office, APAC, also in Singapore (July 2018 to July 2022); and family office advisor, in Singapore (August 2022 to June 2023).

Bank of Singapore appointed former Credit Suisse senior figure Jacky Ang as global chief operating officer to succeed Sonjoy Phukan who left the bank to pursue other interests. Ang reports to chief executive officer Jason Moo. A Singaporean, Ang was previously Southeast Asia COO at Credit Suisse. Concurrently, he was the Singapore branch manager and head of wealth management. Ang has worked in Singapore, Hong Kong, and Tokyo. From 2006 to 2011, he helped Credit Suisse expand its regional footprint and product offerings across Asia as the head of new business, Asia-Pacific. This included establishing its branch in Mumbai, India, as well as its China onshore joint venture with Founder Securities. Ang was then responsible for the day-to-day operation of the Singapore branch at the Swiss bank. 

Barings appointed Aaron Thirukumar and Sabrina Kwek as director for institutional sales and senior director for wealth distribution respectively. Thirukumar and Kwek are responsible for developing and managing client relationships and raising capital across the institutional channel in Australia and wealth channel in Southeast Asia, respectively. Thirukumar is based in Sydney and reports to Michael Gaffney, head of distribution for Australia and New Zealand; while Kwek is based in Singapore and reports to Lydia Wu, head of distribution for Greater China and Southeast Asia.

Thirukumar has more than a decade of experience from Dimensional Fund Advisors in Sydney, where he was regional director and vice president for the institutional business. Kwek, with over 20 years of experience, joined from Allianz Global Investors in Singapore, where she was director in the private banking business for Greater China and Southeast Asia. Kwek previously worked at Mirae Asset Global Investments, Robeco and Credit Suisse in Hong Kong and Singapore.

Farro Ventures, parent company of Singapore-headquartered multi-family office Farro Capital, created a new subsidiary – Farro & Co – to focus on international mobility and immigration solutions for ultra-high net worth clients. The new organisation is led by CEO Nirbhay Handa. Prior to founding Farro & Co, Handa served in leadership roles at Henley & Partners, a firm specialising in the citizenship/residency-by investment sector. At Henley & Partners, he was group head of business development and Asia head of private clients.

GuarantCo Management Company, a subsidiary of Netherlands-based Cardano Development, appointed Chinmay Naralkar as chief risk officer. GMC is GuarantoCo’s fund manager. Naralkar joined GuarantCo from ICICI Bank where he managed teams in India and the UK. During his career, he has also been responsible for credit underwriting and business development in corporate banking. 

BMS Group, an independent specialist insurance and reinsurance broker, appointed Tim Hewitt as head of BMS in Japan. A long-term resident of Japan and bilingual in Japanese and English, Hewitt has more than two decades of legal industry experience. Prior to joining BMS, he was associate general counsel for a global private equity firm portfolio company, after several years there in legal leadership roles. 

BNP Paribas made wealth management leadership changes in Singapore and the wider Asia region. The French bank appointed Garth Bregman as head of wealth management Singapore and Southeast Asia. Based in Singapore, Bregman, who is head of investment services for Asia, reports to APAC chief executive Arnaud Tellier and functionally to Joris Dierckx, regional head of Southeast Asia.

Alison Lim, meanwhile, was appointed market head for Southeast Asia. In this expanded role, she focuses on building BNP Paribas’ market share in the region, and reports to Bregman. 

The bank named David Lim as executive vice chairman for Southeast Asia. In this newly-created role, Lim is in charge of supporting growth of strategic clients and family office relations and “wallet share” in Southeast Asia. Lim continues to report to Tellier.

Shafali Sachdev, appointed head of investment services for Asia, is head of fixed income, currencies, and commodities (FICC) for Asia, based in Singapore. Prior to joining BNP Paribas Wealth Management in 2017, Sachdev served in senior FICC roles in Citigroup and Bank of America across global markets and wealth management. Sachdev reports to Tellier and functionally to Anne-Cecile Lugagne Delpon, head of investment services, BNP Paribas Wealth Management.

M&G Investments appointed Peter Kim as the head of Korea to expand its business pursuits in South Korea. The role is newly created. Based in Seoul, South Korea, he reports to Berny Lin, head of distribution Asia (ex-Japan) for M&G. Kim joined M&G Investments from Lazard Korea Asset Management where he served for more than a decade as the institutional and regional marketing representative.

Citigroup appointed Gunjan Kalra as Asia Pacific head of Citi Commercial Bank. She replaced Rajat Madhok who was named global head of Citi Commercial Bank Credit Risk earlier this year. Based in Singapore, Kalra reports to global head of Citi Commercial Bank, Tasnim Ghiawadwala, and Citi Asia Pacific chief executive officer, Peter Babej. Kalra joined Citi Commercial Bank from the firm’s markets business, where she was most recently Asia-Pacific head of corporate sales and solutions. In this role, she was responsible for the delivery of market products to Citi’s corporate and commercial banking clients in the region. Prior to that, Kalra, who has worked for City for 21 years, was the Asia Pacific head for the Corporate Solutions Group from 2015 to 2021.

Binance, the global blockchain ecosystem facing regulatory pressure in the US, appointed its former global compliance head, Kristen Hecht, as new deputy chief compliance officer and global money laundering reporting officer. Hecht has 17 years of experience, including nearly a decade supporting the US government's efforts to combat terrorism and illicit financial activity as a senior policy advisor in the Office of Terrorist Financing and Financial Crimes in the US Department of the Treasury. Before Binance, Kristen served as the CCO at Meta's first crypto digital asset wallet project, Novi Financial. 

Alger Management appointed Stephen King as head of Asia-Pacific business development. Based in Singapore, King works with institutional investors, consultants, high net worth individuals, wealth managers, private banks and family offices across Asia. He reports to Stephen Hearle, head of EMEA business development. King has 23 years of financial services experience. Prior to joining Alger, he served as the head of institutional sales APAC at Fiera Capital, where he led business development and managed key client accounts within the APAC institutional markets. 
 

North America
CIBC announced a series of new hires for its wealth management business.

They included Edward Kelly CPWA®, AIF®, BFA™, as managing director and business development officer in CIBC Private Wealth’s New York office. Kelly is a business development officer with 30 years of industry experience. Previously, he served as an executive vice president of wealth management sales at Orion Portfolio Services where he was responsible for overseeing sales and distribution. 

Other senior hires included Martha Lufkin as senior vice president and fiduciary advisor based in Boston, Massachusetts. Previously, Lufkin was a managing counsel for wealth management at BNY Mellon, National Association.

In addition, CIBC hired Tanya Kulberg as managing director and market manager in San Francisco, California, bringing more than 25 years of wealth management experience to CIBC Private Wealth. Prior to joining the firm, she served as a senior private banker at California Bank & Trust Private Bank, where she specialized in deposit, credit and investment solutions tailored to high net worth individuals and their families.

Finally, CIBC appointed Keri Pankow as senior vice president and senior wealth strategist in CIBC Private Wealth’s San Francisco office. Pankow has over five years of industry experience. Before joining the firm, she was an attorney at Plageman, Lund & Cannon where she practiced in the areas of estate planning, trust and estate administration, and taxation.

Raymond James:

-- The firm brought in a team of 16 financial advisors and 23 branch professionals at Summit Financial Group. The team, based in San Ramon, California, is joined its independent advisor channel. Before making the switch, the Summit team worked with Securian Financial Services where it ran more than $2.6 billion in client assets. The team includes Nathan Bennett, Steven Wilcox, Don Ledoux, Jay Gilson, Vanessa Savage, Gina Morais, Brendan Noonan, John O’Dea, Aaron Peabody, Michael Schomaker, Cody Smith, Jeneen Slack, Connor Merrigan, Kim Damiani, Dash Grammer, and Robert Avey.

-- It welcomed financial advisor Burdette Park to its employee advisor channel. Based in Louisville, Kentucky, Park previously spent more than 13 years as a financial advisor at Merrill Lynch where he managed about $300 million in client assets at Merrill Lynch. He was joined by senior sales associate Heather Jones. 

-- Raymond James brought in financial advisors Ali Rustempasic, Yamen Fellah and Wyatt McRae to the firm’s independent advisor channel. The advisors joined the team at SilverTree Wealth Partners, establishing a new office in Tucson, Arizona. They were previously affiliated with Edward Jones where they managed more than $250 million in client assets.

-- The firm also welcomed financial advisor Joshua Rogers to its employee advisor channel in Ponte Vedra, Florida. Previously managing approximately $360 million in client assets at Merrill Lynch, Rogers leads Rogers Wealth Management of Raymond James and was joined by client service associate Kristen Stoinoff. Together, the team provides wealth management guidance to clients such as business owners, families and individuals living in and preparing for retirement. They operate as part of RJA's Ponte Vedra Complex, led by complex manager Tom Isaacs.

Westmount Asset Management, a Los Angeles-based, independent investment advisory firm with more than $5 billion in assets under management, named senior advisor Denis Massey as a partner. Massey joined Westmount as a senior advisor in 2016.

Baird appointed Greg Aiken, Ben Blake and Jonathon Bult to join its office in Salt Lake City, Utah. Aiken and Blake serve as a director and financial advisor; Bult serves as a vice president and financial advisor. They joined Baird from Zions Wealth Advisors where they collectively oversaw more than $500 million in assets under management.

Aiken, who has 21 years of industry experience to Baird, holds a Certified Wealth Strategist designation. Blake has 18 years of industry experience and an executive MBA from the University of Utah. Bult has close to a decade of industry experience, and an MBA from Utah State University. 

Helios, a US financial services solutions business, appointed Lena Arai, PhD and Caleb Findell as senior research analysts. Both report to Jason Van Thiel, recently promoted to managing director of product. Arai joined from Phillips, Fractor & Company. Previously, she served as a data analyst/research associate at Claremont Graduate University's Center for Neuroeconomics Studies while completing her PhD in economics and information systems and technology. Findell, who worked at UBS and Ameriprise, most recently served as an investment analyst at Gradient Financial Group.

Opto Investments, a tech solution for advisors trying to gain access into private markets, appointed Matt Dunn as head of marketing. Prior to this, Dunn was executive vice president (EVP) and head of Americas marketing at PIMCO. He previously worked at Morgan Stanley, helping to drive the lender's AI-driven “Next Best Action” product. He also worked in Canada and the US at Franklin Templeton Investments.

F2 Strategy, the wealth management technology services company, appointed Laura Korbel as president. She joined from IT consultancy Rightpoint. 

Perch Wealth, the US investment firm focused on tax mitigation strategies for high net worth clients, transitioned to Arkadios Capital, a hybrid broker-dealer. Founders and managing partners Ben Carmona and Ehud Gersten were previously with Emerson Equity.

Vestwell, the employer and individual savings platform, appointed former Goldman Sachs senior figure Dumbrill Early as chief strategy officer. Early reports to Aaron Schumm, Vestwell’s founder and CEO. Previously, Early was the chief strategy officer and chief of staff at Securitize, a blockchain-based platform for alternative assets. 

S2 Capital, a residential investment manager, hired Mark Halford as vice president, special situations. Halford works with the S2 investments team to focus on opportunistic and distressed acquisitions through the firm’s commingled fund vehicles. Halford spent a decade with Lone Star Funds, where he participated in over $10 billion of distressed and opportunistic investing, including the takeover of the failed Anglo-Irish Bank that took place in 2011. 

StraightLine Group, an independent SEC Registered Investment Advisor (RIA) and financial planning firm, appointed industry veteran Rob Rickey, CFP® as chief growth officer. Rickey has more than 25 years of experience in the retirement industry, most recently working as managing director and head of advisor services at TIAA.

Cresset hired Bradley Schneider as managing director, head of private credit, to lead the team within the firm’s broader private funds group. Schneider, who most recently was head of private credit with Midwest Holding, brings more than 20 years of experience focused on private and alternative credit investing. Previously, Schneider was a partner at Sound Point Capital, where he served in various leadership and investment functions across numerous credit funds. Before Sound Point, he was a senior credit analyst at Apollo Management.

Principal Asset Management appointed Michael Goosay as managing director of global fixed income and portfolio manager on select strategies. Goosay has more than 25 years of investment industry experience. He previously spent 14 years at Goldman Sachs Asset Management as head of global pensions and multi-sector fixed income portfolio management. 

Argent Trust Company appointed Margaret Velasquez as business development officer in the San Antonio, Texas market. Velasquez reports directly to chief investment strategist Tom Stringfellow. She has worked in the financial services industry for 35 years.

Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, appointed Tim Murphy and Alex Kozak as a senior managing director, and managing director, respectively. They are based in the firm’s New York office. 

Oregon-based Oswego Crest Financial Group joined up with Steward Partners Global Advisory. Oswego is based in Lake Oswego, Oregon, and was formerly affiliated with Commonwealth Financial. The four-person team is made up of partners and wealth managers Patricia Sturr, Peter Miller, and Tom Daniels, as well as partner, client administrative manager Peggy Maxwell. 

Wealth.com, a US estate planning platform, named Tyrone Ross, chief executive officer and co-founder of Turnqey Labs, and president and founder of 401 Financial, as its inaugural strategic advisor.