This week in new hires, U.S. Trust tapped three wealth management professionals, Greg Khost, Donald Quattrucci and Nancy Anderson, to executive positions in different parts of the country, while LPL Financial named David Reich as a new executive vice president of retirement platform development. UBS Trust gained a new president, Richard Immesberger, Neuberger Berman hired David Eckert as global head of infrastructure and Strategic Wealth Associates appointedKeith Gregg as executive vice president. In addition, Raymond James opened a new office in Greensboro, N.C. and brought in advisors Bill Krebs and Charles Betts.
U.S. Trust announced May 18 that it has hired three senior executives in its Northeast and Midwest divisions. Joining the Bank of America subsidiary are: Greg Khost, managing director and regional executive, Florham Park, N.J.; Donald Quattrucci, managing director and market investment executive, Rhode Island; Nancy Anderson, senior vice president, Private Client Advisor, Minneapolis ..
Khost, a 20-year industry veteran, is managing the greater tri-state region within the northeast division throughout New York, New Jersey and Connecticut. Prior to joining U.S. Trust in 2010, Khost served as founding partner and director of national accounts for New York-based Central Park Group, LLC, where he marketed alternative investment funds to broker-dealers, registered investment advisory firms, independent advisors and multifamily offices.
Quattrucci, a Rhode Island-based executive, brings 22 years of investment management experience to U.S. Trust, including extensive practice in portfolio management as well as international interest rate and foreign currency risk analysis and trading. .
Andersonwill lead team efforts for new client engagements, deepening existing relationships and providing high net worth clients and families with access to U.S. Trust’s global wealth management services. A national wealth strategist and advisor, Prior to joining U.S. Trust, Anderson held senior leadership positions at U.S. Bank Private Client Reserve, Citigroup Global Wealth Management and Merrill Lynch Trust Co.
LPL Financial on May 23 announced the appointment of David Reich as executive vice president of retirement platform development. Reich takes over from Bob Francis, who held the title of executive vice president, retirement strategy prior to his departure in January.
Reich will be working closely with Bill Chetney, who as executive vice president of LPL Financial Retirement Partners guides the firm’s strategic direction in retirement. His responsibilities will include continuing to build out the firm’s retirement platform, rolling out new services and technology and furthering the integration of technology platforms used by LPL Financial advisors to support their retirement plan business.
Reich was formerly at Ameriprise Financial as VP and general manager, retirement strategies and solutions, where he was responsible for strategic development and marketing of all retirement products and platforms to financial advisors. Prior to that, he served in a number of senior leadership roles across Ameriprise and American Express, its former parent company.
UBS Trust Company announced Tuesday that Richard Immesberger has been appointed president.
Immesberger, who will be based at U.S. Trust’s Wilmington, Del. offices, comes to the firm from WSFS Bank, also in Wilmington, where he managed the trust and wealth management division and also served on several executive boards, including the bank's executive management committee.