Cassinelli is responsible for the management and direction of the team in the areas of private banking, investment management, financial advisors, personal trust and estate settlement services. The firm said he has 15 years of private banking and management experience.
TrustedFamily appointed Wendy Craft, who sits on Family Office Exchange’s advisory board, as head of the Americas office in New York, responsible for driving growth across North America.
Craft previously worked as vice president and general counsel for the Shepperd family, an international investment family based in Zurich, Switzerland. In that role she led a New York office for the family.
Chicago's HighTower brought in the Lerner Group - managing over $600 million for high net worth clients from Morgan Stanley Smith Barney - to lead the firm’s expansion in Chicago's North Shore.
Eugene Lerner, Walter Gondeck and Mingdong Tan joined as managing directors and partners, with over 60 years of combined experience.
Tan was latterly a vice president of wealth management at MSSB, having worked at Morgan Stanley from 2002 until 2008. At HighTower, he is responsible for executing all of the Lerner Group's equity trades.
Deutsche Bank Private Wealth Management made two senior hires from Citi Private Bank for its US private bank in Miami.
Carlos Arrizurieta joined as a managing director and private banker. He previously worked at Citi, where he was a managing director and senior private banker. His experience covers investment management, asset allocation, capital markets, trust and estate planning, structured finance and liquidity management. Prior to Citi, he worked at Bank of America and Northern Trust.
At Deutsche he reports to Chip Packard, managing director and head of Deutsche Bank’s US private bank, eastern region.