This week in new hires, Mercer Hammond named three new national segment leaders; National Advisors Trust brought in Joseph Morsman; BKD Wealth Advisors announced internal promotions; and U.S. Bank’s Private Client Reserve announced four new appointments.
Also, Amy Temkin was appointed vice president of strategic accounts by Curian Capital; Sarah Hinton was named senior counsel at Chambers Street Properties; Donald McGuire went to NewOak; and Robert Adler joined Thomas J. Herzfeld Advisors.
Mercer Hammond Names National Segment Leaders
Rich Nuzum, head of the investments business in the U.S. for Mercer Hammond, announced Tuesday that the firm has named new national segment leaders to lead three major components of the U.S. investments market. All three will continue to spend the majority of their time consulting with clients.
Rich Marra has been named to head the not-for-profit healthcare segment. He has 22 years of corporate finance experience and 15 years of institutional investment experience. He was formerly an assistant treasurer and director of pension investments at a major U.S. corporation. Chris Adkerson has been named to head the higher education endowments segment. He has 16 years of experience. Russ LaMore has been named to head the foundations segment. He serves as a consultant to a group of not-for-profit clients in the foundation and endowment segments and has 23 years of industry experience.
National Advisors Trust Welcomes Joseph Morsman
National Advisors Trust announced Tuesday that Joseph Morsman has joined the company as senior vice president–institutional trust, effective Oct. 8. He will also serve as assistant compliance officer, and will be a member of the trust company’s executive management team and risk assessment committee.
Morsman is an attorney and certified public accountant with more than 29 years of experience in employee benefits. Prior to joining, he was senior vice president at Benefit Trust Co., and also held executive leadership positions with M&I Wealth Management, J.P. Morgan Retirement Plan Services and American Century Investment Management.
BKD Wealth Advisors Announces Promotions
Staff promotions and a certification were announced Monday by BKD Wealth Advisors.
Lynn Mayabb has been promoted to office director for the Kansas City and St. Louis practices. She has been an advisor for more than 20 years, and is the director of the firmwide financial planning committee.
Amy Frizzell has been promoted to office director for the Indianapolis, Ind., practice. She has been has been an advisor to high-net-worth families for 12 years.
Gretchen Cliburn, managing advisor, has received the Certified Divorce Financial Analyst (CDFATM) designation. She has been an advisor for 16 years, providing financial and estate planning services to high-net-worth families.
Private Client Reserve of U.S. Bank Names Cappelano, Donahue, Maaske, Oehler
The Private Client Reserve of U.S. Bank announced several new appointments recently.
John Cappelano has been appointed vice president and senior portfolio manager in Sacramento. In this role, he will oversee both individual and trust accounts, developing customized investment portfolios for high-net-worth clients. He brings more than 25 years of financial experience, and comes from The Wells Fargo Private Bank, where he served as a senior portfolio manager. Before that, he was a founding member at Contago Capital Advisors at ZionsBancorp, where he directed the ultrahigh-net-worth portfolio management team based in the Bay Area.
Anne Donahue has been promoted to the role of New York market leader. In her new role, she will lead a team of wealth management professionals providing investment management, private banking, trust and estate services and financial planning to clients in New York. She brings 25 years of banking experience to her new post. Before joining The Private Client Reserve, she held several positions with BNY Mellon with responsibility for Connecticut, New Jersey, Long Island and Westchester County. Previously, she worked for Citi and Chase Bank.
Lynn Maaske has been appointed vice president and wealth management advisor in St. Paul. In this role, she will develop and implement customized investment strategies and plans for individuals and families. She brings more than 31 years of investment management and trust experience to her new post. Before joining, she served as the market investment director at U.S. Trust and has held senior-level positions with such firms as U.S. Bancorp Insurance Services, UBS, Piper Jaffray and Wells Fargo.
Michael Oehler has been promoted to senior trust officer in the greater Sacramento area. He previously served as a regional financial planner. He brings more than 13 years of experience advising clients on estate, financial, business and tax planning matters. Previously, he was with Wells Fargo, where he developed a wealth planning practice and advised clients on estate planning and wealth management issues. He also served as a private practice attorney working with clients on estate and tax planning and trusts.
Curian Capital Appoints New Vice President of Strategic Accounts
Curian Capital announced on Monday the addition of Amy Temkin as vice president of strategic accounts. In her new role, she will lead the strategic accounts team, which initiates and manages relationships with broker-dealers. She will be based at the firm’s Denver headquarters, and will report to Mark Schoenbeck, senior vice president and chief marketing officer.
Prior to joining, Temkin worked for ALPS Advisors, where she served as assistant vice president and head of institutional client relations. She previously spent more than five years with Janus Capital Group where she held various relationship management and sales positions.
Chambers Street Properties Appoints Senior Counsel
Chambers Street Properties recently announced that it has appointed Sarah Hinton to the position of senior counsel, a newly created position. She joins from the law firm of K&L Gates. She was an associate at the firm from 2006 to 2012; her experience included the representation of Chambers Street Properties in real estate and corporate matters.
Prior to joining K&L Gates, inton was a law clerk for The Honorable Ila Jeanne Sensenich of the U.S. District Court for the Western District of Pennsylvania. From 2004 to 2005, she was an attorney advisor to the U.S. Department of Labor, Office of Administrative Law Judges.
NewOak recently announced the appointment of Donald McGuire as chief operating officer and head of investment banking. As COO, he will direct day-to-day internal operations; as head of investment banking, he will lead NewOak’s banking professionals.
McGuire joins with more than 27 years of experience in finance and operations at major investment banking, pharmaceutical, and technology companies around the globe. Most recently, he was managing partner of KDM Advisors in Greenwich, Conn. Before that, he served as chairman and CEO of Metastatin Pharmaceuticals. Earlier, he was president, COO and director of beenz.com in New York and London, as well as managing director and COO, investment banking-Americas for ING Barings/Furman Selz in New York.
Rob Adler Joins Thomas J. Herzfeld Advisors
Thomas J. Herzfeld Advisors announced Tuesday that Robert Adler has joined the firm as head of distribution. He will report directly to the firm’s president, Thomas Herzfeld. In this newly created position, Adler will create partnerships for the firm and assist in growing its assets under management.
Adler was instrumental in developing the Virtus Herzfeld Fund (A shares, VHFCX; C shares, VHFCX; I shares, VHFIX), an open-end mutual fund from Virtus Investment Partners that is focused on closed-end fund strategies and is managed by Herzfeld Advisors as subadvisor to Virtus.
Prior to joining, Adler was an independent investment consultant. Before that, he served as the president of XTF Advisors. In addition to numerous other executive positions, he was co-founder of Northstar Investment Management Corp. before it was sold to ING. He has worked in the asset management business for over 25 years, including a long stint with Shearson Lehman.
Read the Oct. 3 New Hire Roundup at AdvisorOne.