TAG Associates, a New York City-based multi-client family office, appointed Jonathan Bergman as managing director. Bergman serves as portfolio manager to client accounts and conducts investment manager diligence. He will also join the investment committee, reporting to chief executive David Basner.
Bergman was latterly chief investment officer at Palisades Hudson Financial Group, where he has spent the last 15 years and oversaw the strategy and management of client investment portfolios and chaired the investment committee.
HoyleCohen, a San Diego-based SEC-registered investment advisor, expanded its women’s practice and promoted Elisabeth Cullington, who co-founded the women’s group, to managing director across the firm.
Janet Acheatel was appointed as co-leader of the women’s practice, and comes on as a full-time member of the advisory team. Acheatel used to work at Brandes Investment Partners before going into semi-retirement, during which time she also worked as an independent contractor for HoyleCohen, helping to launch the women’s practice.
In addition to her new role as managing director of the firm, Cullington will continue to lead the practice along with Acheatel.
HoyleCohen also brought in financial advisor Bridget Grimes from Morgan Stanley Smith Barney.
BNP Paribas subsidiary Bank of the West made changes to its management team, appointing president and chief operating officer Maura Markus as manager of its regional banking and wealth management business.
Markus joined the bank in 2010 from Citibank, where she was head of international retail banking in the global consumer group. In addition to her new role, she will manage marketing and the “increasingly important area of multi-channel banking,” Bank of the West said.
In other changes, Thibault Fulconis, the bank’s vice chairman for finance and chief financial officer of its holding company, BancWest Corporation, will become vice chairman for commercial banking and consumer finance. He will maintain responsibility for corporate development.
Meanwhile, Duke Dayal will take over as CFO of the holding company, and was promoted to senior executive vice president. Markus, Fulconis and Dayal will report to Michael Shepherd, chairman and chief executive of Bank of the West and BancWest Corporation.