People Moves
Daily News Analysis
KeyBank Names Vice President For New York
24 May 2013
KeyBank, the US-based financial services firm, has appointed Scott L Harris as vice president, relationship manager for the firm’s New York district. Harris joins KeyBank from Sagemark Consulting/Lincoln Financial, where he served as a wealth planning advisor . He is FINRA series six and 63 securities registered and holds life, accident and health licenses in multiple states.
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Head Of Chase's Wealth Management Business Takes Top Role At Consumer Bank
24 May 2013
JP Morgan Chase has appointed Barry Sommers as chief executive of its consumer bank, which includes Chase Wealth Management. Sommers was latterly head of Chase Wealth Management, which includes the Chase Private Client segment, in a role he held since 2010 . He takes over as head of consumer bank from Ryan McInerney, who is leaving the firm after eight years to become president of VISA.
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PNC Wealth Adds To Management Team
23 May 2013
PNC Wealth Management, the wealth arm of Pittsburgh-based PNC Financial Services Group, is expanding its wealth management team in Alabama, according to a report by the Birmingham Business Journal. The team will be headed by PNC Wealth Management director Felix Tankersly . The team includes: Harvey Hutchinson, vice president and senior wealth planner; Dean Johnson, vice president and senior trust advisor; Bob Ireland, vice president and senior relationship manager; Maggie Tanner, vice president and senior banking advisor; Guillermo Araoz, senior vice pre.
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Lyxor Makes Senior Hedge Fund Hire From Citi Private Bank
23 May 2013
Lyxor Asset Management, a wholly-owned subsidiary of Societe Generale, has appointed Frank Frecentese to its New York office as the deputy head of hedge fund research, in a move furthering the firm's expansion plans. Frecentese joins from Citi Private Bank, where he was managing director and global head of hedge fund investments . Prior to joining Citigroup, he was an executive director at Morgan Stanley, where he was the head of alternatives research for Graystone Research, part of the Morgan Stanley group.
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Executive Departure At Citi Triggers Reshuffle; New CEO Of Private Bank
22 May 2013
Jane Fraser, who has been chief executive of Citigroup’s private bank for the past four years, is to be replaced by Mark Mason as Fraser takes up the post as new head of the US bank’s mortgage business. The current CitiMortgage CEO, Sanjiv Das, plans to leave the bank to “pursue other opportunities,” according to the wording of an internal memo . The move was announced by Citigroup CEO Michael Corbat.
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Features
Gresham Hires Head To Lead Growth; Targets "Top One-Tenth Of The 1 Per Cent"
7 May 2012
As liquidity and wealth creation has slowed down, Gresham Partners wanted to tackle the issue of sustainable growth for the next five to ten years.
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Heavy Hitters Huddle In New York For Tiburon CEO Summit
18 April 2012
How will the financial services industry divvy up the $28.6 trillion Americans currently have in investable assets? If you are a heavy hitter in the wealth management business, you were probably at the latest Tiburon CEO Summit at the Ritz-Carlton at Battery Park in New York City to find out.
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North America Executive Moves Round-Up December 2011
4 January 2012
A round-up of the key moves in the North American wealth management industry for December 2011.
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North America Executive Moves: October 2011
7 November 2011
Here, the significant moves in the North American wealth management market for October are summarized.
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Executive Moves: Americas April 2011
9 May 2011
A round-up of the North American industry moves for April 2011.
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News and Features
Latest News
RIA To Unveil Succession, Acquisition Program For Advisors
As A Wealth Preserver, The Dollar Beats Gold At The Moment, Says Private Bank
Summary Of Miscreants In The World's Wealth Management Industry
KeyBank Names Vice President For New York
US Wealth Management Recruits Two Advisory Teams, Targets $1 Billion AuM Next Year
Comment and Analysis
EXCLUSIVE: Citi Private Bank: Reaping Rewards From Client Feedback
WE Family Offices Sets Out To Reshape The Landscape Of UHNW Wealth Management
FEATURE: A Look At The Mexican High Net Worth Client Market
EXCLUSIVE: Thomas Carroll On His First Few Months At The Helm Of GenSpring
EXCLUSIVE: Industry Leaders Debate Hot Topics Of Client Centricity, Communications
Expert Commentary
- Top Story
- Opinion of the Week
- Industry Insight
- View from the Top
- Editor's Choice
- Investment Strategy
Zürcher Kantonalbank Expects To Pay Big Fine To US Over Tax Evasion Case
Zürcher Kantonalbank, the biggest Swiss cantonal bank, expects to pay a fine to US authorities as part of a deferred prosecution agreement for its alleged role in helping US citizens evade taxes, media reports said.
Tom Burroughes
24 May 2013
Guest Opinion: An Earnings Report Every Hedge Fund Manager Should Review
Here Diane Harrison, principal and owner of Panegyric Marketing, argues that the debate over fees in the hedge fund industry often focuses on the wrong topics.
Diane Harrison
20 March 2013
Q&A: Rockefeller & Co's Jimmy Chang On The Investment Environment
Here, Jimmy Chang, a senior portfolio manager and a managing director of Rockefeller & Co, discusses some issues around investing in the current environment.
Harriet Davies
4 April 2013
INTERVIEW: Regular Risk Reviews Gain Traction In The Family Office World
The period between 2008 and 2012 saw an uptick in risk reviewing business at New York’s Rothstein Kass Family Offices Group, says partner Evan Jehle.
Harriet Davies
9 April 2013
FEATURE: Twins And The Business Of Family
Building functionality into a family’s business affairs involves defining each person’s role but it’s never easy to think differently about family members who were children at the dinner table, but are now adults around the board table.
Charles Lowenhaupt
8 April 2013
Guest Opinion: Diversification In The Age Of Globalisation
Marc Odo, director of research at software and business intelligence firm Informa Investment Solutions, discusses why diversification failed during the credit crisis.
Marc Odo
25 March 2013
