People Moves
Daily News Analysis
New CEO Takes Over At National Financial Partners
21 May 2013
National Financial Partners, which provides insurance and wealth management services, has appointed a new chief executive in the shape of Douglas Hammond. Hammond, who has been the firm’s president and chief operating officer until now, replaces Jessica Bibliowicz . Hammond has served as COO since 2008, and was named president in 2012.
*****
HighTower Eyes More Expansion With Financing Round, Hires
21 May 2013
HighTower, the advisor-owned firm, has expanded its partnership development team with two hires, along with completing a round of financing for growth. Thomas Brown and Frank Epinger have joined the firm as executive directors and relationship managers for the East and West coasts respectively . Brown, who is based in New York, co-founded Black Valley Consulting, a coaching and consulting firm for advisors.
*****
Peapack-Gladstone Hires From Wilmington Trust For New Jersey Private Banking Office
21 May 2013
Peapack-Gladstone Bank is opening a private banking office in Princeton, NJ, this month, in an expansion of its wealth management business. As part of its move into the region, the bank has hired Sean Murray from Wilmington Trust . At Wilmington, Murray ran wealth advisory services in the New Jersey market, as market executive.
*****
UBS Intensifies Its Commitment To Brazil With New CEO Hire From HSBC
21 May 2013
UBS has appointed Sylvia Coutinho as chief executive of UBS Group Brazil, effective when current CEO Lywal Salles retires on June 24. Coutinho was previously head of retail banking and wealth management for Latin America and asset management for the Americas at HSBC . She has also worked in a number of other senior Americas-based roles at that firm - primarily in wealth management, private banking and asset management.
*****
Janney Hires Wealth Management Executive From Morgan Stanley In Delaware
21 May 2013
Philadelphia, PA-headquartered Janney Montgomery Scott has appointed industry veteran Randall Renneisen as an executive vice president of wealth management in Greenville, DE. Renneisen, who oversees about $195 million in client assets, is joined by vice president of wealth management Robert Fischer and registered private client assistant Susan McDermott . Together they will form The Renneisen Group.
*****
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.
*****
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.
*****
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.
*****
North America Executive Moves: October 2011
7 November 2011
Here, the significant moves in the North American wealth management market for October are summarized.
*****
Executive Moves: Americas April 2011
9 May 2011
A round-up of the North American industry moves for April 2011.
*****
News and Features
Latest News
New CEO Takes Over At National Financial Partners
Advisors Missing Opportunities By Focusing Innovation On Current Clients - Fidelity
HighTower Eyes More Expansion With Financing Round, Hires
Peapack-Gladstone Hires From Wilmington Trust For New Jersey Private Banking Office
UBS Intensifies Its Commitment To Brazil With New CEO Hire From HSBC
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
Wealthy Individuals' Financial Plans At Risk Amid False Sense Of Security - Survey
US Trust has identified a “disconnect” between goals and proactive wealth planning on a number of concerns including health, retirement, succession and life values.
Eliane Chavagnon
21 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
