Managers of Wealth

BX Swiss CEO steps down

Schnabel has presided over an important period for BX Swiss

Morgan Stanley Hires Merrill Pair from Private Wealth Mega-Team

His title of managing director generally indicates a broker who produces at least $2.5 million in annual revenue, according to a person familiar with Merrill’s compensation plan.

FE invest hires business development managers from Barclays Wealth and Charles Stanley

Catherine Makin and Steve Thompson join

Wilmington Trust adds wealth advisors in key U.S. markets

In addition to promoting team engagement and partnership, this ‘relationship-led’ model provides greater consistency from market to market, and enhances our ability to recruit and retain top talent.

Two new hires and profits up at Gresham House

New head of wholesale retail funds and sales director

Basel PB appoints limited partner

He is also a member of the board of directors of the Baloise group

Royal Bank of Canada Names Asia Head of Wealth Management

Following the new appointment, RBC Singapore branch CEO, Mike Reed, will lead RBC Wealth Management’s Singapore office and the Southeast Asia private banking team, reporting to Chow.

Ex-GAM manager joins Zurich boutique

He will be managing fixed income funds in the future, with a launch expected in the coming months.

Julius Baer poaches five-person team from Credit Suisse for Brazil biz

Julius Baer is hiring Credit Suisse's Jorge Torea, a managing director within its Brazilian unit who has been with the firm for 14 years, alongside four other members of his team, according to a source familiar with the matter.

TKB replaces head of services, establishes finance and risk arm

He will be replaced by Marcel Stauch.

BNY Mellon Wealth Management Appoints Regional President in Philadelphia

Prior to his role at Bessemer Trust, he was a Market Manager and Managing Director at JPMorgan. Lillis also has held various leadership positions within the JPMorgan Private Bank.

Man Group appoints appoints new Chairman

During 2019, the Nomination Committee of the Board has, consistent with its role and responsibilities, continued to review potential succession planning options.

Private banking unit continues hiring spree with six appointments

The firm has also hired Domenico Gifuni as network development manager. Gifuni, who also joins from Deutsche Bank, will be responsible for the development of the financial advisory network in southern Italy.

Sentinel Trust Announces New Chief Investment Officer

Todd joins Sentinel Trust from Athena Capital Advisors

STEP Jersey Chair joins Ogier's Private Wealth team

Henry will play a central role in the team advising professional trustees, intermediaries, family offices and high-net worth families in the Channel Islands

Lombard International appoints Head of Switzerland and International Markets

Mr. Bertacchi joined Lombard International Assurance in 2011 as Country Manager for the Italian market.

UBS Saudi Arabia appoints Desk Head for Wealth Management

Joining from Samba's private bank, Mr. Soufi brings to UBS more than 25 years of experience covering the Saudi market.

BNY Mellon Wealth Management Appoints Eunice Kim as Regional President in Denver, CO

Eunice brings over 23 years of experience in the financial services industry and has extensive knowledge and experience in money management and private banking.

Asset Manager Invest Invent engages long-time sales chief

He has been in charge of the distribution of Invest Invent since the beginning of September 2019.

UBS Appoints Co-Head of Global M&A

It is understood the new promotion makes Peirce the most senior Australian in the UBS hierarchy offshore,» the report added.

Executive Moves