Here is the latest monthly summary of wealth management news and appointments from around the world.

UK moves 
Lombard Odier Investment Managers hired Jerry Devlin, previously of Amundi, as its head of UK third-party distribution. Devlin was head of UK distribution for three and a half years at asset management firm Amundi, where he was responsible for implementing a distribution strategy in the UK with an emphasis on global distribution accounts. Prior to this, he was head of UK wholesale at Macquarie Group, an investment banking and financial services firm. Devlin replaceed Dominick Peasley, who departed to pursue other opportunities within financial services.

Guardian Wealth Management hired Mike Coady, previously of DeVere Group, into the newly-created role of chief commercial officer. Coady was managing director of DeVere UK, DeVere Mortgages and chairman of UK Workplace Solutions, all part of the DeVere Group of companies. 

Pacific Investments, a UK-based investment shop with strong ties to the Asian region, hired former HSBC asset manager Will Bartlett and former senior Deutsche Bank manager Louis Cucciniello to its newly-formed multi-asset business. The new entity is called Pacific Asset Management. Bartlett was a former multi-asset manager at HSBC, working at HSBC Asset Management for 16 years, while Cucciniello was global head of risk factors at the German banking group.

Nucleus, an advisor-built wrap platform, appointed Tracyann Kneen as a product technical manager, a newly-created role. Kneen joined from James Hay Partnership, a UK-based financial services firm, where she was most recently technical manager and focused on tax and trusts. She also spent an eight-year stint with Aegon as a tax and trusts consultant. 

Cazenove Capital Management recruited Amy Browne, previously of GAM, as a portfolio manager. Browne was a portfolio manager with GAM from 2013. She also spent over three years as an investment manager at asset management firm Sarasin & Partners.

Mattioli Woods internally promoted company director Simon Gibson to chief investment officer and hired Gareth Green, previously of C Hoare & Co, as head of risk and compliance.

ICBC Standard Bank appointed Adam Sticpewich, previously of Deutsche Bank, to the newly-created role of head of risk for fixed income, currencies, and equities. Sticpewich most recently worked as a managing director at Deutsche Bank in London, having previously worked in directorial roles in Barclays and Credit Suisse.

Schroders appointed Rakhi Goss-Custard as a non-executive director of its board and nominations committee. Goss-Custard brings expertise in digital retailing, having spent 11 years at Amazon.com. Most recently, she was director, UK media at Amazon, responsible for ranges including books, music and DVDs. She was previously responsible for Amazon's home, garden and DIY product ranges. Before Amazon, Rakhi held roles at TomTom and in management consultancy in the US. 

JM Finn appointed WH Ireland duo John Eastgate and Edward Furness to its London team. Eastgate and Furness have served as wealth managers at WH Ireland since 2007 and 2010, respectively. They joined as investment managers, looking after investments on behalf of JM Finn private clients. They report to Sarah Soar, JM Finn’s head of investment management.

New York-listed Lazard appointed Will Lawes as managing director in financial advisory, a newly-created role based in London. Lawes was most recently senior partner (executive chairman) at law firm Freshfields Bruckhaus Deringer, a position he had held since 2011. He previously spent six years as co-head of the firm’s financial institutions group. He joined Freshfields in 1986 and became partner in 1994, focusing on public and private mergers and acquisitions; reorganisations and demergers; hostile M&A and activism defence; and capital raising. He advises FTSE 100 and other boards on strategic and financial matters.

Sandaire hired Kevin Corrigan as chief investment officer. Corrigan succeeded Marc Hendriks, who took on the newly-created role of global strategist at Sandaire. Corrigan joined after six years with Lombard Odier, where he was initially head of credit before being promoted to his most recent role to lead the expansion of the fixed income franchise, managing over £7.5 billion ($9.5 billion) across a range of investment strategies.

Dolfin appointed Philipp Iarmaltchouk, previously of UBS Wealth Management, as a senior relationship manager for Western Europe. Iarmaltchouk spent six years in various roles at UBS. He is based in London, reporting to Georgios Ercan, head of sales.

Aberdeen Asset Management recruited John Campbell as global head of strategic clients and Jeff Klepacki as head of distribution for the Americas, while Antony John and Richard Pursglove joined on a consultancy basis.

Standard Life Investments appointed Archie Struthers, formerly of Aberdeen Asset Management, as head of investments. Struthers was previously global head of investment solutions at Aberdeen Asset management. He worked there for around two and a half years, and also held directorial roles at Lloyds Banking Group, Scottish Widows Investment Partnership and Blackrock. Struthers was to assume the responsibilities of Bill Lambert, head of investment process, who at the time of writing was due to retire in March after 13 years with Standard Life Investments.

UBS Wealth Management appointed Karan Sejpal as regional head for the North West and Yorkshire. Sejpal spent the past two years as regional head, North West at UBS Wealth Management, based in Manchester. He previously worked at Credit Suisse and Barclays Wealth. In his new role, Sejpal covers the North West and Yorkshire, splitting his time equally between the Leeds and Manchester offices. Previously responsible for Yorkshire was Andrew Aitken. He recently joined investment manager JM Finn & Co as the new head of its Yorkshire office. Meanwhile, Jane Booth joined UBS Wealth Management’s North West office as an associate client advisor. She has a legal background, joining from Mills & Reeve.

Rupert Phelps left his role as director of family office services at London-based real estate services provider Savills. Before his near two-and-a-half-year tenure at Savills, Phelps worked at BNY Mellon for seven years, serving as director of family office services. He was also global head of private banking and wealth management at Euromoney.

Rowan Dartington appointed Bryan Parkinson, previously of Barclays, as regional director for the North. At Barclays, Parkinson was head of private clients for three years following two years as director of intermediary sales. His previous roles have included chief executive of Standard Life client management. In this newly-created role, Parkinson is based in Leeds.

Barclays Wealth and Investment Management appointed Kathleen Britain as head of its charities division. Previously, Britain was head of citizenship for the UK and Europe at Barclays, where she led the development of the regional shared growth ambition strategy. While at Barclays, she also held other leadership roles within the real estate team and was responsible for strategy, operations and finance. Britain joined Barclays in 2005 from Wachovia Bank, an investment bank that was acquired by Wells Fargo in 2008, where she worked within wealth management in New York and San Francisco.

Psigma Investment Management hired Richard Sankey, previously of Newton Investment Management, as business development director for its charity team. Sankey was a client director within Newton’s pooled funds team, developing and managing relationships with charities, endowments and institutional investors. Sankey’s wealth management experience spans over 16 years, during which he held client-facing roles at financial services consultancy Capco, Hermes Investment Management and Kleinwort Benson. In the newly-created role, Sankey is responsible for growing Psigma’s charity assets, reporting to Frank McGarry, director of business development and marketing.

Columbia Threadneedle appointed Michelle Scrimgeour as chief executive, Europe, Middle East and Africa, and chief executive of Threadneedle Asset Management. She replaced Campbell Fleming, who left Columbia Threadneedle earlier this year. Scrimgeour had been chief risk officer and director of M&G since 2012. Before that, she was co-head of fixed income business management at BlackRock. There, she led the firm's $1 trillion EMEA business and oversaw the integration of BlackRock and Barclays Global Investors in London. She is based in London.

The UK Treasury appointed David Ferguson, founder and chief executive of Nucleus, a wrap platform with assets under management of $12.7 billion, as regional financial technology envoy in a bid to boost fintech growth in Scotland. He was joined by Louise Smith, head of design and transformation at the Royal Bank of Scotland.

M&G Investments appointed Neil Donnelly as its chief compliance officer. Donnelly, who has 16 years of experience, joined from Pioneer Investments, where he was global head of compliance for 14 years. A lawyer by training, he was called to the Irish Bar in 1994 and spent his early career first with KPMG and then with legal firm Norton Rose. He replaced Anthony Ashplant, who retired last March following a 33-year career at M&G.

Deutsche Bank appointed Elly Hardwick as head of innovation and Philip Milne as chief technology officer for innovation. Hardwick has been a fintech entrepreneur and former chief executive of Credit Benchmark, a credit risk information service. Prior to that, she was global head of strategy, investment and advisory at Thomson Reuters. Earlier in her career, she also worked for Morgan Stanley. Milne has worked extensively in both the financial and technology sectors in London and California, most recently as chief executive and founder of a virtual reality start-up in Silicon Valley.

US-headquartered law firm Butler Snow appointed John Wood to its business services group, based in the London office, which the organisation opened in 2013 to serve people with links to the US. Wood works with Butler Snow’s international tax team and relocated to the UK to take up the role. He focuses on international, federal and state tax planning, trusts, estate planning, tax controversy and immigration. Before beginning private practice, Wood served as a law clerk for the US Senate Committee on Judiciary. 

Style Research appointed former Kleinwort Benson chief executive Sally Tennant as chair of the board. Based in London, Tennant is chair of Duncan Lawrie Private Banking, vice-chair of the advisory board of Paladin Capital Group and director of Ledunfly. From 2011 to 2014, she served as CEO of Kleinwort Benson. Before that, she was CEO of Lombard Odier in the UK and of Schroders Private Banking. Former executive chair Kirsten English remains CEO of Style Research.

OppenheimerFunds appointed Doug Stewart as head of Europe, Middle East and Africa distribution while internally promoting Paul Eisenhardt to head of international distribution, excluding EMEA.  Both roles were newly-created. Stewart was most recently managing director of AllianceBernstein's EMEA client group, where he was responsible for client relationship management and expansion in institutional markets. He also acted as head of sales during his 14-year stint with the company. In his new role, Stewart is responsible for marketing and distribution efforts throughout EMEA, while Eisenhardt is responsible for the distribution of international solutions and developing client relationships in Canada, Latin America and Asia-Pacific. Both report to Steve Paddon, head of institutional and international at the asset manager’s subsidiary, OFI Global Asset Management.

City Financial appointed four former Fortress Investment employees to senior operations roles within the firm. Amy Wong, William Dumas and Justin Brodersen are based in New York, while Simon Taylor is situated in London. While at Fortress Investment, Wong was co-director of operations and treasury; Dumas was co-director of of operations; Brodersen was director of middle office; and Taylor was UK operations manager. In their new roles, all four report to Lou Thorne, global chief operating officer. Thorne also joined City Financial from Fortress Investment last month. There, he was managing director and global chief operating officer of the firm's liquid markets hedge fund business.

The head of Brewin Dolphin's Plymouth office, Brian James, left the firm after seven years. James had led the office since 2011. While there, he oversaw the merger of the firm's Truro office into the Plymouth branch in 2014. His day-to-day duties were taken over by Darryn Richards, divisional director.

HSBC transferred day-to-day management of its alternatives business to HSBC Global Asset Management, appointing Steven Ward as chief executive and Edmund Stokes as chairman of HSBC Alternative Investments. Both roles were previously held by Henry Lee. Lee continued to lead the alternative investment group within HSBC Private Bank, in addition to his role as global head of discretionary. In these roles, he works with HSBC Asset Management to manage the delivery of alternatives and discretionary products to private banking clients. Ward, who has been with the bank since 2004, served as HSBC GAM’s global head of alternative product since 2012. Stokes was previously global head of product at HSBC GAM.

Unigestion appointed Miles O’Connor as chairman of the board of its UK business. O’Connor previously held the roles of head of UK institutional and head of Europe, Middle East and Africa institutional at Schroder Investment Management. He has over 30 years of corporate management experience, having also worked in senior management at Barclays Global Investors and spent six years as head of international business development at Bank of America.

Jetstone Asset Management appointed Igor Pikovsky to the role of chief risk officer, based in its London head office. Pikovsky joined after 13 years at London’s Rogge Global Partners, where he was senior partner and head of portfolio risk management. He also served as vice president at Credit Suisse First Boston and worked within the derivatives product group of Morgan Stanley.

Switzerland
Swiss Life Asset Managers appointed Michael Klose, currently responsible for third-party asset management in Switzerland and Germany, as chief executive of the entire third-party asset management division. He succeeded Thierry Van Rossum, who will concentrate entirely on his function as chief investment officer of Swiss Life France, and continues to serve as CEO of Swiss Life Asset Management in France. He reports directly to Stefan Mächler, group chief investment officer of Swiss Life. Klose joined Swiss Life in 2007, initially managing the corporate bond team responsible for the investment business of the group's insurance companies. In 2011, he took over management of the fixed income area of third-party asset management in Switzerland, and in 2015 was appointed to his current role as CEO in Switzerland and Germany.

GAM reshuffled its board. Scott Sullivan stepped down as group general counsel and from the group management board. Dirk Spiegel, currently general counsel for continental Europe, succeeded him. Sullivan assumed the role of group vice chairman. In that role, he acts as a senior advisor to the group management board and the board of directors.

Burkhard Varnholt became chief investment officer of Credit Suisse's Swiss bank, taking over from Anja Hochberg. Hochberg continues in her role as head of investment services, remaining a member of the investment committee. Varnholt rejoined Credit Suisse last month, having formerly worked within its private banking arm from 1996 to 2006 as global head of financial products and investment advisory. He spent the following eight years as CIO at Bank J Safra Sarasin, before becoming CIO and head of investment solutions group at Julius Baer for almost two years. In his new role, Varnholt reports to Michael Strobaek, global CIO and head of investment solutions and products, and Thomas Gottstein, chief executive of Credit Suisse in Switzerland.

Anaford, a European law firm, appointed Dharshi Wijetunga Frei as a new partner in its Zurich office. Frei has nearly 20 years of experience. She has worked in various wealth management companies in countries such as New Zealand, Singapore, and Switzerland. She has worked in private banks, where she focused on tax and wealth planning solutions, and at international law firms, where she gave financial advice to banks and trust companies. She heads the firm’s international trust practice.

RobescoSAM appointed Aris Prepoudis as its chief executive. He replaced Reto Schwager, who continued as the company’s global head of private equity. Prepoudis was previously CEO at Vescore, formerly known as Notenstein Asset Management, another asset manager specialising in sustainable investments. Before that, he was head of institutional client business at Notenstein Privatbank and global head of institutional clients at Bank Sarasin & Cie. Schwager has led the company as interim CEO since August.

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Asia-Pacific
Chapman Eastway, the family and business advisory firm in Australia, named Clyde McConaghy as its chairman, bringing more than 30 years of business experience and family office expertise to the role. He is the first board chairman in the firm’s 119-year history. McConaghy serves as an international company director and advisor to publicly-listed and private companies, as well as family offices, foundations and not-for-profit entities. His career encompasses technology, publishing, venture capital, wealth management and online sectors, having lived in the UK, Germany, China and Australia. 

AxiomSL, which provides regulatory reporting, data and risk management solutions worldwide, appointed Olivier Kamoun as the company’s global chief product officer, a newly-created role. For the past five years, Kamoun led development of AxiomSL’s presence in the Asia-Pacific region, taking the operation from the status of a start-up to a business operating in a number of countries.

First Names Group promoted Karen O’Hanlon, previously a director, to managing director of its Singapore business. O’Hanlon has been with the business for nearly two years after joining from Asiaciti Trust, where she was director of client services. 

The head of investment advisory for Southeast Asia at Standard Chartered Private Bank left the UK-listed lender. Mario Becker, holding the title of managing director, was at Standard Chartered for seven years and was based in Singapore, overseeing wealth of ultra-high net worth clients. He was previously at Deutsche Bank's wealth management division.

Vinay Gandhi, regional market manager for India, Indochina, Philippines and the global investors business, resigned from UBS’s wealth business after having been appointed to the role at the start of 2015. The Swiss bank’s former country team head for India international and deputy regional market manager took over at the start of 2015 from Andi Reber to hold the post.

UBS also made a number of changes to its organisational structure in the Southeast Asia wealth management business, taking effect from the start of this year. Jeremy McAteer (market head for Philippines), Tian Ong Foo (market head of Thailand), Henk DeGlint (market head for Malaysia), and Eddie Gan (market head of Singapore) report to August Hatecke, who is head of wealth management for Southeast Asia. Philip Kunz continues as market head of Indonesia, while jointly taking on an additional responsibility supporting strategic transformation projects in Southeast Asia. Markus Vollenweider, of international markets Asia-Pacific, also reports locally to Hatecke.

Australia and New Zealand Banking Group’s non-executive director, Ian Macfarland, retired after serving 10 years in the position. Macfarland first joined the board in February 2007 and retired at the conclusion of the 2016 general meeting.

ANZ also appointed Colin Neave as its customer fairness director, a new role to ensure the lender’s products for retail, small firms and wealth clients are handled more sensitively, including issues around fees and protection of vulnerable individuals. Neave reports to Shayne Elliott, ANZ’s chief executive. Neave is based in Melbourne. As part of the appointment, Neave left his role as Commonwealth ombudsman. Neave is a former chief ombudsman of the Financial Ombudsman Service, the Australian Banking Industry Ombudsman, and holder of other similar positions.

ANZ appointed Katharine Tapley as head of sustainable finance solutions, based in Sydney. Tapley, who joined ANZ in 2001, has been a senior member of the sustainable finance solutions team since its formation in 2014, serving as acting head since June 2016. She is also a board member of the Carbon Market Institute and advisory panel member for the Australia-Indonesia Centre's urban water cluster research project.

Citigroup appointed one of its most senior managers, Kevin Lam, as Asia-Pacific business development head between the US lender’s private bank and its corporate and investment bank, in addition to his existing role as COO of Hong Kong corporate and investment banking. He reports to Mark Slaughter, head of corporate and investment banking Asia-Pacific, and Bassam Salem, the private bank’s CEO for Asia-Pacific. Lam joined Citigroup in 2001, working in Hong Kong and New York in various roles in corporate and investment banking, treasury and trade solutions and the private bank. 

ICBC Standard Bank appointed Adam Sticpewich, previously of Deutsche Bank, to the newly-created role of head of risk for fixed income, currencies, and equities. Sticpewich most recently worked as a managing director at Deutsche Bank in London. He is based in London. He reports to Guido Haller, head of financial markets, and will oversee all aspects of risk management relating to the FICE business.

Aberdeen Asset Management recruited John Campbell as global head of strategic clients and Jeff Klepacki as head of distribution for the Americas, while Antony John and Richard Pursglove joined on a consultancy basis. Campbell was previously business head of global services, UK, Middle East and Africa at State Street. Klepacki was previously a director at Capital Group, while John formerly served as chief executive of BNP Paribas Investment Partners/FundQuest. Pursglove has served as head of retail at Artemis Investment Management among other senior distribution roles.

Campbell spent 16 years in various roles at State Street and was also chairman of Scottish Financial Enterprise, the representative body for Scotland's financial services industry. His new role focuses on Aberdeen’s largest clients. Klepacki has a 23-year leadership background in financial services including his work at Capital Group, as well as Delaware Investments and Allianz Global Investors. In his new role, he reports to Bev Hendry, ‎co-head of the Americas, and Campbell Fleming, global head of distribution. He leads Aberdeen’s distribution efforts in the Americas, where the group already manages $65 billion in assets.

Value Partners Group appointed Dr Au King Lun, previously chief executive of Eastspring Investments, as CEO. Lun joined Eastspring in December 2015 after five years as CEO of BOCHK Asset Management. He has nearly 30 years of experience in asset management, and is a member of the Financial Services Development Council in Hong Kong. In his new role he reports to the chairman, Dato’ Seri Cheah Cheng Hye, who looks after overall investment management, business strategy and key appointments. 

International law firm Herbert Smith Freehills appointed partner Richard Norridge to the role of head of trust and estates disputes. Norridge is particularly well known in Asian markets, having been based in Hong Kong since 2011. He provides trusts advisory expertise as well as specialist knowledge in the areas of family companies, charities and mental capacity. In his new role he is based in the firm’s London office, but divides his time between Hong Kong and London and continues to be active on Hong Kong cases.

The Private Wealth Management Association, which represents Hong Kong-based firms, appointed Peter Stein as its managing director. He took over from Joanne Leung, who retired. Stein has more than 20 years of experience. He joins from UBS, where he was head of regulatory advisory and relations. Prior to this, he was a senior editor in Hong Kong with the Wall Street Journal, working in both Mandarin and Cantonese.

DTZ/Cushman & Wakefield, the international commercial real estate services firm, appointed Reed Hatcher as head of research for Hong Kong. He will be relocating to Hong Kong to formally take on the role in early January 2017. The role is a newly-created one. Hatcher has 15 years' experience in the real estate industry in Asia. Most recently, he was with CBRE in Shanghai. There, he served in a number of senior consulting roles over a period of 10 years. Latterly, he was senior director of occupier consulting, China, and senior advisor to APAC consulting. Prior to that, Reed was a member of the research team at legacy firm DTZ in Shanghai.

Deutsche Bank's wealth management arm appointed Terry Tung as a managing director, a newly-created role. Previously, Tung worked as an executive director at UBS in the ultra-high net worth China team, and has spent some time with HSBC Private Bank's China team. He started his career in private banking in 2004 with Credit Suisse. In his new role, Tung heads up a team responsible for providing wealth management client coverage in the Greater China region.

Standard Chartered hired Chris Allen, a top regulatory lawyer from Barclays, as its new general counsel for clients and products, with responsibilities encompassing private banking. He is based in Singapore. Allen oversees legal issues across the bank’s main business units, including private banking, investment banking, wealth management and retail banking. In his new role, he reports to David Fein, group general counsel. 

EFG Singapore, which recently completed its acquisition of BSI, recruited Lee Chang Tze as deputy chief executive and co-head of the private bank. He replaced the head of private banking. Chang Tze was previously ABN AMRO’s head of private banking for Southeast Asia and was also its location head for Singapore, where he supervised the products and solutions team and shared responsibilities for credit risk management, compliance and human resources.

Deutsche Bank internally promoted Kansas Chan to head of wealth management for North Asia. 

Lok Yim, who previously held the position, was appointed head of Asia-Pacific operations in October. Yim succeeded Ravi Raju, who left the Frankfurt-headquartered firm to join UBS. Chan has more than 20 years of industry experience, including a five-year stint with Citibank and seven years at DBS.

Alvarez & Marsal, a global professional services firm, made three senior hires in Asia and opened an office in Singapore. The hires are State Shi in China, Myung Chul Kim in Korea and Paul Forgue in Hong Kong.

Australia’s AMP made a sweeping set of senior management changes. The following people left the firm: Pauline Blight-Johnston, group executive, insurance, super and risk management; Rob Caprioli, group executive, advice and banking; and Wendy Thorpe, group executive operations. Thorpe had previously stated she intended to retire and leaves in early 2017. Thorpe joined the board of AMP Bank as a non-executive director. As part of the changes, Paul Sainsbury leads a new division putting customer, wealth management and product solutions under one roof. Jack Regan, MD, New Zealand, leads an expanded field, taking responsibility for the firm’s advice business while keeping his existing role.

North America
Equity Concepts, a comprehensive financial services firm based in Richmond, Virginia, appointed wealth manager G F Pendleton to its ranks. Pendleton works with the firm's wealth management team of Shannon Carter, MBA, CFP, and Jinette Chiappetta, CPA. Pendleton has more than 40 years' experience in banking, investments and insurance. Prior to joining Equity Concepts, Pendleton spent more than 16 years as a principal and director of Clark/Bardes.

PIMCO appointed Jeffrey Thompson - currently an executive vice president and portfolio manager in the firm’s New York office - to its commercial real estate team. Prior to joining the global investment manager, Thompson was a managing director and co-head of the commercial real estate group at Annaly Capital Management, where he oversaw an origination team investing in commercial real estate debt and equity, as well as the asset management and underwriting groups.

RBC Wealth Management recruited a new advisory group to join its Lincoln, Nebraska branch, according to David Myers, director of the firm's Cedar Rapids complex. The McEwen Group is led by Tim McEwen, a financial advisor with more than 13 years' industry experience, from Swiss banking giant UBS. Joining him were Bradley Schindler, senior financial associate, and Brooke Wimes, senior registered client associate. Collectively, the trio manage $307 million in client assets and have $1.5 million in production. 

Wealth, capital markets and investment house Baird appointed three financial advisors to its private wealth management group in Morristown, New Jersey, and West Palm Beach in Florida. The advisors are Robert Browne (Morristown), bringing assets under management of $146 million; Keith Epstein (West Palm Beach), with $243 million (combined with Andrew Oremland); and Oremland (West Palm Beach), with $243 million with Epstein. Epstein and Oremland were joined by client specialist Melissa Mills.

Key Private Bank, part of US-listed KeyCorp, appointed George Mateyo as chief investment officer, a newly-created role. As part of the role, Mateyo is based in Cleveland, Ohio, and reports to Joe Calabrese, national head of investments at Key Private Bank. Previously, Mateyo served as senior director of investments at the Cleveland Clinic. He also served as a senior consultant and MD at Hartland & Co, an investment consultancy.

Ziegler, a privately-owned wealth manager, appointed Liz Allen as vice president and financial advisor within its Altamonte Springs, Florida office. Allen has nearly 22 years' experience in wealth management, having previously served as an associate vice president and financial advisor with Ameriprise Financial Services.
 
Raymond James & Associates hired John Solomon, Phil Greer, Bill Dukelow, Hamilton Neal, Samantha McMillan and Lindsay Navin. They previously worked as a team at Wells Fargo Advisors, managing approximately $288 million in client assets, with $1.7 million in annual production.

PCR, the provider of TotalWealthViews, a wealth data aggregation and reporting service for advisors to ultra-high net worth clients, appointed Bob Miller to take over from Rob Fiore as chief executive. Miller was previously the founder and CEO of CorrectNet and a pioneer in ultra-secure client reporting solutions for top-ranked global institutional wealth managers. Last year, Miller joined PCR as its vice chairman and strategic advisor.

TIAA Global Asset Management named Vijay Advani as its new president and chief operating officer.

Advani has more than 20 years of experience and joined from Franklin Templeton Investments, where he served as co-president and was responsible for long-term strategic initiatives, investment management, trading and global retail and institutional distribution. In his newly-created role, he leads global distribution, management committees, and drive data. He reports to Rob Leary, chief executive of TIAA.

Goldman Sachs elevated David Solomon and Harvey Schwartz to president and co-chief operating officer positions, in addition to naming Marty Chavez as deputy chief financial officer, and Richard Gnodde and Pablo Salame as vice chairmen. Schwartz remains chief financial officer through to April 2017. Chavez was due to assume Schwartz’s full responsibilities once the transition was officially made. Gnodde and Salame continued in their current respective roles as co-chief executive of Goldman Sachs International and co-head of the investment banking division, and global co-head of the securities division, in addition to serving as vice chairmen.

BNY Mellon appointed Michael BenShimon and Anthony Tanner as senior wealth managers. The pair serve in Nevada and Arizona respectively and report to team leader Ryder Donohue. BenShimon was previously vice president and investment strategist at Wells Fargo. Tanner was a senior client advisor at BMO Private Bank in Scottsdale before joining BNY. 

Aberdeen Asset Management recruited John Campbell as global head of strategic clients and Jeff Klepacki as head of distribution for the Americas, while Antony John and Richard Pursglove joined on a consultancy basis.

Campbell was previously business head of global services, UK, Middle East and Africa at State Street. Klepacki was previously a director at Capital Group, while John formerly served as chief executive of BNP Paribas Investment Partners/FundQuest. Pursglove served as head of retail at Artemis Investment Management among other senior distribution roles.

Global X Management, a New York-based provider of exchange-traded funds, appointed three new regional directors. Kize Behrends joined from Deutsche Bank, where he was the first ETF regional vice president. In his new role, he serves as regional director in the Midwest region of the US.

Devan O'Dowd joined from Cedar Capital, an ETF strategist and liquid alternative provider, where he was a director and product specialist. John Stec was most recently executive vice president at Accuvest Global Advisors, where he led the firm's US sales and marketing efforts. 

The Palisades Group promoted two members of staff: Justin Bodiya, who is now chief operating officer, and Sally Kawana, who serves as chief financial officer. Bodiya was previously head of operations and director in the portfolio management group, while Kawana was head of capital markets and transaction management. 

RBC Wealth Management recruited a former Merrill Lynch advisory team to join its Walnut Creek, California office. The East Bay Wealth Management Group is comprised of financial advisors David Persin, Ted Simos, Kim Beatty and Zach Persin, as well as senior client associate Amber Strock and client associate Joan Strom. All previously worked at Merrill Lynch.

US Bank appointed Gunjan Kedia as vice chairman of its wealth management and securities services division, replacing Terry Dolan who became the bank’s chief financial officer. Kedia, who has more than 20 years of financial services experience, was most recently executive vice president at State Street. Based in Minneapolis, she reports to Andy Cecere, president and chief operating officer of US Bank.

Cross Ocean Partners, a credit-focused asset management platform, appointed Brandt Wilson as a partner and head of hard asset investment strategies. Prior to joining the firm, Wilson was a senior managing director at Castlelake, a private investment firm, where he was co-head of global aviation investment efforts. Most recently, he acted as a managing director and co-head of BoAML's North American illiquid credit trading group. He has 23 years' experience in the financial services industry.

RBC Wealth Management appointed David DePaul as senior vice president and a financial advisor within its Florham Park, New Jersey office, according to Steve Ornstein, director of the Florham Park complex. DePaul has nearly 24 years of experience and joined from UBS Financial Services.

RBC Global Asset Management appointed four new hires to its advisory solutions group. Edward Bernson joined as associate director of advisory solutions and is responsible for developing relationships and representing RBC GAM's investment strategies to financial intermediaries. Prior to joining the bank, Bernson worked with Putnam Investments, a Boston-based privately-owned investment manager, as an international wholesaler.
Charleen Sheehan assumed the role of associate director of advisory solutions. Prior to joining the Toronto-and Montreal-headquartered firm earlier this year, she also worked with Bernson at Putnam Investments as an internal wholesaler. David Smith became director of advisory solutions. Prior to joining the group, he worked as an external relationship manager at Credit Suisse. Alexandra Zhmakina joined as junior associate director of advisory solutions.

US-headquartered law firm Butler Snow appointed John Wood to its business services group, based in the London office that the organisation opened in 2013 to serve people with links to the US. Before beginning private practice, Wood served as a law clerk for the US Senate Committee on Judiciary. 

BNY Mellon Wealth Management hired Jamie Raiser-Umberger, previously of First Niagara Private Client Services, as wealth director. Raiser-Umberger joined after five years as vice president and wealth advisor at First Niagara. He is based in Boca Raton, Florida.

Raymond James appointed a team of Morgan Stanley-affiliated advisors who managed more than $250 million in client assets to join its broker-dealer arm in North Carolina. Operating as the Broadview Group, Mark Rhoades and George Livanos, along with investment executive Kelly Ward, joined forces with an existing Raymond James affiliate and registered investment advisor, Phoenix Financial, led by William Farley.

The firm recruited Raymond James, a former Wells Fargo advisor who oversaw $350 million in client assets, to join its recently opened office in Denver, Colorado. Jarrod Biebel joined as senior vice president of investments, along with Angelica Walter, who also joined from Wells Fargo as senior registered client service associate. Together, the pair operate as First Avenue Wealth Partners. 

Deutsche Bank appointed Elly Hardwick as head of innovation and Philip Milne as chief technology officer for innovation. Hardwick is a fintech entrepreneur and former chief executive of Credit Benchmark, a credit risk information service. Prior to that, she was global head of strategy, investment and advisory at Thomson Reuters. Milne has worked extensively in both the financial and technology sectors in London and California, most recently as chief executive and founder of a virtual reality start-up in Silicon Valley.

The chairman of US-listed Raymond James, Thomas James, announced he was stepping down from the post; he will hold the title of chairman emeritus, retaining a seat on the board. Paul Reilly, who has been chief executive since 2010, became chairman.

Atlantic Trust, the US private wealth management division of Toronto-headquartered CIBC, appointed Dewey Tieu as vice president and associate relationship manager in its San Francisco office. Tieu previously was a VP at Atlantic Trust.

City Financial, an investment house, appointed four former Fortress Investment employees to senior operations roles within the firm. Amy Wong, William Dumas and Justin Brodersen are based in New York, while Simon Taylor is situated in London.

Lion Street elected William Payne to join its board of directors. Based in Boston, Payne is principal and co-founder of PRW Wealth Management, a Lion Street owner-firm in Boston, Massachusetts. The firm serves high net worth individuals and families. 

BNY Mellon elected two new independent directors, Linda Cook and Jennifer Morgan, who are veterans in their respective industries, to its board of directors. Both were newly-created roles.

Cook joined the board’s corporate governance and nominating and risk committees, whilst Morgan joined the audit and technology committees.

After 29 years with Royal Dutch Shell, Cook became, and still is, managing director of energy investment firm EIG Global Energy Partners, and CEO of energy investment vehicle Harbour Energy. Morgan has been president of technology company SAP in North America since 2014.

First Southern Securities appointed Rafael Pagán as managing director. Pagán previously spent over 18 years in the investment banking group of UBS Puerto Rico.

Conquest Capital Group, the asset management firm, appointed Timothy Boardman as director of business development and client relations. He previously worked for Boston-based asset manager PhaseCapital, where he was director of business development - North America.

T Rowe Price appointed Andrew Astley as its new global head of product. Astley previously spent eight years as head of global product and marketing at State Street Global Advisors.

Peapack-Gladstone Bank appointed Raciel Perez as senior vice president, senior underwriter, credit administration. Perez, who has 30 years of industry experience, was previously senior credit officer, director, credit risk management at Credit Suisse Securities in New York, covering credit requests for the North American private banking division. Before that, he was a senior credit transactor of the global private banking group of HSBC Bank USA.

CCR Wealth Management recruited Andrew Bonetti as a financial consultant and Jacob Stewart as an investment analyst. Prior to CCR, Bonetti spent more than 10 years as an analyst and relationship manager, including over three years at Brown Brothers Harriman, and over six years at investment advisory firm Shepherd Kaplan. 

New York-listed Lazard elected Michelle Jarrard to join its board of directors. Jarrard joined after nine years as global chief and talent officer at McKinsey & Company. She was a senior partner at the firm and a member of its global operating committee until her departure in January this year.