04/10/2012
Morgan Stanley Grabs 2 UBS Teams, 1 From Deutsche Bank
The combined assets of the new reps are about $1.4 billion, while the total yearly fees and commissions are close to $8.7 million
People Moves
04/10/2012
FSGBank Expands Wealth Management And Trust Division
Ms. Whitton comes to FSGBank after a 20 year career in wealth management at SunTrust Bank, most recently serving as Manager of the Chattanooga Wealth Advisory Center.
04/10/2012
UBS Banker Joins TAP Advisors
The independent bank, among other things, advises companies on deal-making and securing private financing.
04/10/2012
Former NFL player builds successful second career as a money manager
While it's not uncommon for former pro athletes to make headlines for blowing the wealth they earn during their playing days, Eugene Profit not only managed to safeguard his own money but has earned a reputation for making lots of it for others.
04/09/2012
Northern Trust Announces Leadership Changes
Northern Trust Corporation has announced a number of leadership changes
04/05/2012
Former Van Eck analyst joins Syzygy Family Office
“Family offices used to lead the way in hedge funds and now they are competing with pension funds,” he said. “They don’t get the kind of access they prefer so that means they are going to have to digest the vast number of emerging
04/05/2012
Southwest Securities Expands Private Client Group
The team provides a full range of investment and advisory services, specializing in fixed income investments for institutional and individual private clients.
04/05/2012
Grosvenor Fund Management Appoints Charles Walters Managing Director
He will be responsible for the development and management of a perpetual life investment vehicle focusing on real estate.
04/04/2012
Raymond James Cuts 200 Jobs in Morgan Keegan Purchase, CEO Says
Morgan Keegan employees accounted for about two-thirds of the job cuts and the rest worked for St. Petersburg, Florida- based Raymond James, Reilly said today in a phone interview.
04/04/2012
Bank of America Hires More Than 45 Small Business Bankers in Georgia
The additions are part of the company’s previously announced plan to hire 1,000 small business bankers across the nation by mid-2012.
04/04/2012
Dynasty Financial adds industry veteran to its board of directors
The total number of Board Members is now eleven.
04/04/2012
Signature Bank forms new subsidiary
Names Major Middle Market Private Client Banking Team on Long Island While Appointing Additional Team and Expanding Another in Manhattan
04/04/2012
The Presidio Group Launches Private Endowment Practice
Former University of Chicago, Princeton Executive Peter Stein to Lead Effort
04/04/2012
Raymond James announces new hire
John Carson, Jr., former CEO of Morgan Keegan, takes over as head of the combined Fixed Income and Public Finance divisions and will be president and executive committee member of the parent company. Kevin Giddis will serve as head of Fixed Income and Rob
04/03/2012
UBS’s McCann Taps 3 Former Merrill Colleagues to Rebuild
The panel includes Samuel Molinaro, an ex-Bear Stearns Cos. chief financial officer who joined UBS last month, and Shawn Lytle, head of money management in the Americas.
04/03/2012
Gresham Partners boosts alternative and private equity investments operations
Prior to Gresham, Joeng was a portfolio manager and non-marketable securities officer at Williams College Investment Office where he was responsible for managing and investing the college’s private equity and real estate/real assets portfolios.
04/03/2012
BlackRock Announces Departure of Som Seif
Som Seif founded Claymore in Canada in 2005 and grew the business to nearly $8 billion in assets, making it one of the fastest growing investment firms in Canadian history.
04/03/2012
Lead Director Named at Goldman
The reshuffling comes three weeks after a trenchant op-ed appeared in the New York Times penned by resigning Goldman exec, Greg Smith, accusing the firm of putting profits ahead of its clients’ interests.
04/02/2012
Former BofA-ML Advisor Accused of Fleecing NFL Star Dwight Freeney
That client, who is only identified in court documents as “D.F., a professional football player” is Indianapolis Colts defense end Dwight Freeney, an official confirmed.
04/02/2012
Westwood Trust adds to its wealth team
Prior to joining Westwood Trust, he served as Private Client Associate Advisor for First National Bank/Wealth Advisors