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New Hire Roundup: BlackRock Names Real Estate Head; King Joins Lubitz

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BlackRock, Inc. said last week that Jack Chandler would join the firm to take over from Paul Audet, who had been interim leader of its real estate business. Also, Denis Horrigan was welcomed as a partner at ConnecticutWealth Management, LLC, and Elaine King came to Lubitz Financial Group.

Chandler will assume the post of global head of real estate, reporting to Matthew Botein, head of BlackRock Alternative Investors (BAI). He joins BlackRock after a lengthy period at LaSalle Investment Management, which he joined in 1986 and where he most recently served as global chief investment officer and executive chairman, Asia. In 2000 he relocated to Singapore, where he launched LaSalle’s Asia Pacific business, now worth over $12 billion.

"We're delighted to be bringing an executive of Jack's caliber to BlackRock," Botein said in a statement on April 19. "As we work to round out the alternative offerings within BAI, real estate will be a central component of our product menu. Jack's depth of experience and deep understanding of the global real estate markets will significantly accelerate our ability to offer clients best-in-class investment products."

Connecticut Wealth Management, LLC announced the naming of Denis Horrigan as partner on April 21. Previously he served as director of the firm, and was responsible for overseeing the marketing and client services teams in addition to his role as financial advisor.

Horrigan, who was recently named a "Five-Star Wealth Manager for 2010" by Connecticut Magazine, has worked for local, regional, and international firms, including Fidelity Investments and St. Germain Investment Management.

CEO and firm founder Kevin Leahy said of him, "Denis has an unparalleled work ethic. His 20 years of investment management and financial planning experience combined with his unwavering commitment to excellence have made him an irreplaceable asset to the firm."

elaine kingElaine King (left), CFP, CDFA, was welcomed into the Lubitz Financial Group (LFG), it was announced on March 29. Linda Lubitz Boone, founder and president, said that King will serve as Managing Director of Wealth Planning.

Before joining LFG, King worked for seven years at Gibraltar Private Bank & Trust, where she was a vice president and director. There she created and directed the Wealth and Well-Being Institute, a platform for high-net-worth families. Prior to that, she served as Latin American investment sales manager for The Royal Bank of Scotland, U.S. division’s $8 billion investment advisory group, and worked at Citigroup as the sales and marketing manager for a $13 billion investment advisory service.

King focuses on wealth planning for multi-generational families, with emphasis on retirement, education, and estate planning. “Elaine’s experience facilitating family meetings and conducting financial competency programs for children and women is an added benefit for our clients,” Linda Lubitz Boone said.


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