This week in new hires, Timothy Horan moved to Chilton Private Clients, with a team of four; Eric Pan joined the SEC; Roger C. Myers, Jr. was named CFO at the CFP Board; and Neuberger Berman added four new wholesalers.
Also, Raymond James announces new tech-focused managers; the Connors Group named James Lonergan its new CEO; and Peter McManus joined Granite Investment Advisors.
Morgan Stanley’s Timothy Horan to Join Chilton Private Clients as Fixed-Income CIO
Chilton Trust Management, in affiliation with Chilton Private Clients, announced Tuesday the hiring of Timothy Horan from Morgan Stanley Smith Barney as executive vice president and chief investment officer—fixed income.
Horan, currently managing director and CIO at MSSB Fixed Income Investment Advisors, will join CPC on Jan. 3, where he will work closely with Richard L. Chilton Jr., chairman of Chilton Trust and CPC and who will continue to serve as CIO for equities.
Joining Horan will be four fixed income investment professionals: Debra Crovicz, William McNaught and Nicholas Rafferty, also from MSSB, and Jessica Lamendola from Moody’s Investor Services.
In addition, CPC has signed an agreement with MSSB through which Horan and his team, based in the New York office, will continue to provide fixed income management services to their existing MSSB clients as a subadvisor on the MSSB Global Investment Services platform.
Horan has over 25 years of experience in the financial services field and for more than 10 years at Morgan Stanley, in both New York and London, he led the fixed income portfolio management business for ultra-high-net-worth private clients, charities, endowments and family offices.
Debra Crovicz, a fixed income investment manager for over 25 years, will join as senior vice president. She was previously executive director and senior portfolio manager at MSSB, overseeing $3 billion in municipal assets.
William McNaught will join as senior vice president. Previously he served as an executive director and senior portfolio manager at MSSB, overseeing $3 billion in U.S. taxable and international fixed income.
Nicholas Rafferty will join as vice president and junior portfolio manager. He has extensive experience trading tax advantaged, taxable and international assets in customized, separately managed discretionary portfolios.
Jessica Lamendola will join the company as senior research associate. She was the local government lead for Moody’s for various Northeast cities, responsible for the maintenance and accuracy of a portfolio of local government entity ratings and for performing credit reviews of municipalities that issue tax and/or revenue-backed debt.
SEC Names Eric Pan as Associate Director in Office of International Affairs
The Securities and Exchange Commission announced Tuesday that Eric J. Pan has been named associate director in the SEC’s Office of International Affairs, where he will oversee the development of international regulatory policy.
The Office of International Affairs advises the SEC on cross-border enforcement and regulatory matters, engages in regulatory dialogues with authorities outside the U.S., provides technical assistance, and is responsible for participation in multilateral standard setting bodies such as the Financial Stability Board and International Organization of Securities Commissions.
Pan has been an academic fellow in the Office of International Affairs since January 2011 while on leave as associate professor of law and director of The Heyman Center on Corporate Governance at the Benjamin N. Cardozo School of Law in New York. Previously, he was an attorney at the law firm Covington & Burling.
Neuberger Berman Builds RIA Wealth Management Practice, Hiring 4
Asset management firm Neuberger Berman announced that it has added three new external wholesalers and one internal wholesaler to its family office and RIA practice. Shad Besikof, Stephen Donovan, Philip Nolan, and Kristian Omicioli have all joined the firm since April. All four will report to Scott Kilgallen, managing director, in charge of intermediary distribution, subadvisory, RIAs, retirement and private banks.
Besikof, a vice president, came from Fidelity Investments Institutional Wealth Services, where he had been a vice president, senior sales and branch manager. He will market wealth strategies in the West region.
Donovan, a vice president, came from Old Mutual Investments in July, where he had been a vice president in institutional wealth services to the RIA channel; earlier he had worked at Oppenheimer Funds, Smith Barney and Janus Capital. Donovan will represent the firm in the Central and Southeast regions.
Nolan, associate and internal wholesaler, came from Venice Ventures in March; earlier he was a global wealth management associate for AllianceBernstein. Omicioli, a vice president, joined in August. He is responsible for marketing traditional and alternative strategies to RIAs in the Northeast and Mid-Atlantic. Prior to this, he marketed traditional and alternative mutual funds through the RIA channel for both Janus Capital and Lattice Strategies.