This week in new hires, BondDesk welcomed Kim Bang as CEO and JHS Capital added Maguire Investments to its roster. Daniel S. Kern was named president of Advisor Partners, Genworth Financial Asset Management brought in Sean Curley, and Gene Goldman and Brian Gendreau went to Cetera, the latter as a consultant. Jeffrey P. Crandall went to Davis Polk, and Benjamin Herrera joined AUL Retirement Services.
BondDesk Appoints Kim Bang CEO
BondDesk announced Monday that it had appointed Kim Bang as CEO. A founding member and former CEO and president of Bloomberg Tradebook, Bang most recently held the position of COO of EMEA and Asia Pacific for Bloomberg Enterprise Products and Solutions. Based out of New York, he will further efforts to make the retail fixed income markets more transparent and accessible.
Bang joined Bloomberg Tradebook as a founding member in April 1996, became president in December 1999 and CEO in April 2004. Prior to that, Bang was president of Futech Capital Management, a hedge fund managing quantitative derivative trading strategies for institutional clients. Before founding Futech in 1993, he developed a European foreign exchange cross trading business for American International Group Trading Corp. From 1988-90, he traded fixed income derivatives for Commerzbank in Luxembourg. His prior sales trading experience includes positions at BankAmerica Futures and Drexel Burnham Lambert.
JHS Capital Adds Maguire Investments
Asset management firm JHS Capital Advisors announced Aug. 3 that it had expanded its national presence with the addition of Maguire Investments of Santa Maria, Calif. The team is led by Steve Maguire, who brings nearly 40 years of financial services experience to the growing JHS advisor team. Maguire Investments was founded in 1958 by Albert L. Maguire, a graduate of Harvard in 1940, board chairman of Mid-State Bank, philanthropist and community leader. Albert was later joined by George Crosby to form The Crosby Group, which today is led by his son Marc Crosby.
Maguire specializes in individual stock portfolios and municipal bonds. Currently, Maguire Investments has $700 million in client assets. In addition to Maguire, the team includes Carol Abeloe, Darlene Chavez, Summer Eaton, Leon Lopez, Kerry Scheidt, Edward “Chad” Silva, John-Paul Stornetta and Damon Watkins. The Crosby group, led by Marc Crosby, also includes Elaine Hartman and Anna Wobrock.
Daniel S. Kern Appointed President of Advisor Partners
Advisor Partners announced Monday that Daniel S. Kern has been appointed President of Advisor Partners, a wholly owned subsidiary of Advisor Software, Inc. In this role, Mr. Kern will oversee investment management, sales and client service, as well as the development and implementation of investment strategies that allow advisors and institutions to focus on relationship building and business development. Prior to joining Advisor Partners, Kern served as managing director and portfolio manager at Charles Schwab Investment Management. His investment experience includes selecting and overseeing investment teams in traditional and alternative asset classes, managing funds of funds and individual equities. Kern also served as a fund company CFO while with Schwab, with extensive experience overseeing third-party service providers.
Genworth Financial Asset Management Hires Sean Curley as SVP/Product Specialist
Genworth Financial Asset Management (GFAM), a division of Genworth Financial Wealth Management, Inc., recently hired Sean Curley (left) as senior vice president and product specialist. Curley will be responsible for supporting financial advisors to enhance their understanding of the investment philosophy of GFAM’s investment team. In his leadership role, he will communicate the strategies and tactics of the investment management department to key internal and external business audiences.
Curley has over 20 years of experience in finance and in financial markets. Prior to joining GFAM, he served as portfolio specialist at Hartford Investment Management Company. He has also held positions with NatWest USA, Lehman Brothers, Inc., and Nomura Securities International, Inc. In addition, he previously worked as a commercial banker, a fixed income analyst, senior credit risk management officer, and senior financial consultant.
Cornerstone Wealth Management Names Alan Skrainka CIO