12/12/2013
Presidio Names Schade CEO
It’s official: The Presidio Group, the $3.5 billion San Francisco-based wealth management firm, has named Karl Schade CEO.
People Moves
12/11/2013
Jefferies Wealth Head resigns to Join Hedge Fund
Markman Peters, who joined Jefferies & Co in 2009 to run and expand its wealth management business, is leaving to join a distressed debt hedge fund
12/11/2013
Franklin Templeton Expands Global Insurance Asset Management Solutions Business
He joins as the group's actuarial investment strategist
12/11/2013
These financial markets professionals are a dying breed
The bank has scrapped monthly commissions it had paid as part of efforts to retain a DLJ junk-bond team led by an associate of Michael Milken, who created the market in the 1980s, the people said.
12/11/2013
Stanley Fischer set to be Fed vice-chair
The White House is near naming Stanley Fischer to be the vice-chairman of the Federal Reserve
12/11/2013
Ex-Soros Chief Joins Citi Board
A co-founder of bank advisory firm Promontory Financial Group and a former CEO of Soros Fund Management, to its board of directors on Wednesday.
12/10/2013
Crédit Agricole CIB boosts Real Estate, Lodging and Gaming Group in Americas
He most recently was Director/Team Leader-Commercial Real Estate Finance at ING Real Estate Finance.
12/10/2013
UBS hires adviser team from BofA Merrill Lynch
UBS AG's Wealth Management Americas unit said Tuesday that it hired a team of two financial advisers from Bank of America Merrill Lynch for one of its Texas offices.
12/10/2013
Blackstone Mortgage Trust appointments chief financial officer
Blackstone Mortgage Trust, Inc. today announced that Paul D. Quinlan, a Managing Director in the finance division of Blackstone, has been appointed Chief Financial Officer of the Company.
12/10/2013
SS&C Technologies Names CTO
Bob Schwartz has been appointed CTO of Connecticut-based SS&C Technologies, a fund administration software specialist.
12/10/2013
Merrill Adviser Team Jumps to Morgan Stanley
Jennifer Daniels and Karen Levy, who managed more than $150 million in client assets at Merrill, are now working out of Morgan Stanley Wealth Management's Cincinnati office.
12/09/2013
Convergent Wealth Advisors Name Managing Director
Convergent Wealth Advisors provides investment consulting services and customized wealth management solutions to ultra-high-net worth individuals and family offices with investable assets of $10 million and more.
12/09/2013
Soundport Capital Founder Joins Rockefeller Group
Prior to founding Soundport, which provided asset management services for investors in office assets located in Boston, New York, San Francisco and Los Angeles,
12/09/2013
BNY Mellon Wealth Management Revs Up Hiring
BNY Mellon Wealth Management plans to expand its sales force by 50%, to 150 workers
12/09/2013
Stifel boosts Private Client Group
He will continue to provide wealth management and investment advisory services to his clients.
12/06/2013
Jefferies Group makes new Board appointment
Prior to joining Hasbro, Alperin practiced law in New York City for 20 years, dealing with corporate, public and private financial transactions, corporate mergers and acquisitions, compensation issues and securities law matters.
12/05/2013
Raymond James Recruits $1.3 Million Advisor Team
Also joining the team from Wells Fargo Advisors are registered client associates Jaynie Guerrero and Angie Spinner.
12/05/2013
BNY Mellon Wealth Management Hires Three in U.S. and Canada
BNY Mellon Wealth Management continues its steady drumbeat of new hires.
12/04/2013
Fiduciary Trust Appoints Viraj Patel as Director of Asset Allocation
He will also focus on strategic modeling and market based tactical positioning for client portfolios.
12/03/2013
Deutsche Wealth Management appoints President of the DWS Funds
He will work closely with the funds' independent board members to ensure optimal oversight of the funds' management and operations.