Harriet Davies
Editor - Family Wealth Report
27 June 2012
Daily News Analysis
Foundation Source, a firm working with US private foundations, has appointed two senior managing directors to cover the east and west regions.
Shannon Baker will serve the west region from a base in Colorado. She joins from Merrill Lynch, where she was a financial advisor working with high and ultra high net worth clients. She has also previously worked at Wachovia Securities. She will look after Colorado, Washington, Arizona, Utah, Oregon, Nevada, Montana, Wyoming, Idaho, New Mexico, Alaska and Hawaii.
Meanwhile, Anna Curry will be based in New York City and work with wealthy clients in the east region, spanning Northern New Jersey, New York and New England. She was formerly a vice president and private client financial advisor at Wilmington Trust, where she worked with 35 high net worth families representing some $400 million in combined assets. She has also previously worked at Merrill Lynch and Capgemini, and is involved with the Estate Planning Council in NYC, as well as the Financial Women's Association.
Both report to King McGlaughon, chief executive of Foundation Source.
“Today’s high net worth individuals bring the same qualities to their philanthropy – impact, leverage, innovation and personal control – that they brought to their wealth creation and management,” said Curry.
Foundation Source manages and advises around 1,000 private foundations in the US, with assets ranging between $250,000 and $250 million.
