CETERA Names formerly Equal Execution to Lead the Indie Business Division
The Financial Group Cetera has appointed John Leffersrs as the head of his supported independence division, which includes more than 40 offices.
Lefferts will take over as Chief of Cetera investors after about six years with equal councilors, most recently as managing director and national business development chief. In his new role, he will work with Cetera branch managers, councilors and their firms on operations, technology and marketing.
CETERA INVESTORS IS THE NEW -RECIVE BUSINARY AND BUSINESS AND BUSINESS OF FINANCIAL FRIENDS, WHICH Cetera won in 2019. It functions as a separate division of CETERA investment services, self-cleaning of firm B/d.
When Cetera won the business in 2019, Sean Casey, a former director of business development for CETERA's financial institutions, was caught to lead it. Now, Casey will join the Lefferss team as chief of operations and development.
Cetera has about 12,000 financial professionals that supervise more than $ 545 billion in under administration assets and $ 235 billion in management assets.
Property Citi Names Global Capital Markets
Citi Wealth, the bank of the bank's assets administration, is suppressing Russell Budnick as its new global head of capital markets.
Budnick, who will join Citi in August, comes to the firm after 20 years in private JP Morgan Bank, most recently as global chief of market strategy and trading within the bank's capital market. Budnick will report to Keith Glenfield, chief of investment solutions for Citi Wealth.
Citi sees its capital market skills, which include providing councils and services throughout capital, goods, fixed income, foreign exchange, norms and hybrids, as a key to serving customers of high value.
“The team is giving strong and sustainable progress in increasing investment asset through high quality engagement with clients and bankers,” Glenfield said in a written statement. “Russ is a proven proven leader with decades of capital markets. He is uniquely positioned to continue the strong business and partner momentum throughout the Citi organization to offer on behalf of our clients.”
At JP Private Bank Morgan, Budnick managed a global team responsible for trading in all capital, fixed revenue and currencies. He also oversee the team market strategy efforts to provide macro views, investment tips, knowledge and knowledge of products in wealth classes for HNW and UHNW customers.
Multi-Family Office Settings adds two leaders
Private Private Asset, a multi-family office of $ 2.7 billion based in Bellevue, Wash., Has hired a leading investment official and the main official of the operation and compliance while continuing to increase its operations.
Dan McCollum, once Deputy Cio at Cio Hirtle Callaghan's external firm and experienced at Deutsche Bank and Bank of America, undertakes the tasks of CIO by Terry Cook, the founder and CEO of the firm.
Sam King will become the chief of surgery and compliance, having held high positions with Enovestnet | Tamarac, Addepar and PCR financial aggregation.
The principal employed industry veterans more than five years after its establishment in 2019 while seeking to strengthen its “white glove service” to the owners and families of the middle market business.
Nordwand Capital Managing Director brings investment expertise
Nordwand Capital, a multi-family office of $ 4 billion and part of Rias's Dynasty Financial Network, has hired Patrick J. McGinnis as a managing director and financial advisor.
Nordwand hired him to strengthen his investment and assets planning skills while expanding into new customer markets. He has experience in managing the net capital portfolio and advising high -value families in net for complex wealth strategies, including a preliminary role as a senior portfolio manager in Fiduciary Trust.
McGinnis will work outside Nordwand's Radnor, the Pa -based headquarters. to coordinate with his advisory and investment teams.
“Advisers with so much investment that Patrick do not move often,” said Gordon Ross, the client's leading official in Dynasty in a statement. “His decision to join Nordwand says a lot about running the firm.”