This week in new hires, Dowling & Yahnke announced four promotions; Key Private Bank launched a Delaware trust company; Patrick Goshtigian joined EP Wealth Advisors; Jane Bachmann and Eugene Miller went to Citi Private Bank; Carl Richards joined BAM Advisor Services; and Bart Albrigo and Winnie Phung were welcomed to Beverly Hills Wealth Management.
Also, Robert Kennedy was named president of Wells Real Estate Funds; Bruce Laning went to Baker Tilly; Bennett Gross went to EP Wealth Advisors; and Daniel Sternberg joined the board of managers at Tiedemann Wealth Management.
Dowling & Yahnke Announce Promotions
Dowling & Yahnke LLC announced the following promotions on Jan. 30: Mark Muñoz to partner; Alana Asmussen to director, portfolio management; Jacqueline Bell to director, portfolio management; and Karrol Gibbs to director, operations.
Muñoz joined in 2009 as COO, has taken on additional responsibilities as CFO and has played a significant role in spearheading strategic initiatives. Previously he spent 20 years running operations and business lines, including managing capital markets businesses for Bankers Trust, Lehman Brothers, and Bank of America.
Asmussen joined in 1995 and has held various positions including her current responsibilities as portfolio manager.
Bell joined in 2007 as a portfolio manager and has 20 years of experience in investment management, including 10 years managing a global equity mutual fund for Merrill Lynch Investment Managers (now BlackRock Inc.).
Gibbs joined in 2001 after 10 years as operations manager at Somerset Financial Services, a financial consulting firm in Indianapolis; she currently serves as operations manager.
Key Private Bank Launches Delaware Trust
Key Private Bank, the investment, trust and wealth management arm of KeyCorp, announced Feb. 7 that it has established Key National Trust Co. of Delaware with two industry veterans to provide trust services for wealthy clients and prospects. Anne Marie Levin, senior vice president and national Delaware trust specialist, will be responsible for working with attorneys and accountants nationally to assist in managing sophisticated estate and tax planning considerations for high-net-worth clients. Isabel Pryor, senior vice president and regional trust manager, will focus on the administration of the Delaware trusts.
Levin joins from PNC Bank, where she served as vice president, Delaware trust specialist. Previously, she was a senior estate trust counselor and fiduciary counsel at The Vanguard National Trust Co. where she counseled HNW and ultra-high-net-worth clients on sophisticated estate and tax planning options. She was also a trust and estate planning attorney at Blank Rome LLP, a national law firm.
Pryor joins from Wells Fargo Bank, where she served as vice president and a senior trust & fiduciary specialist. Previously, she was an assistant vice president in the family wealth division of Wilmington Trust Co. where she focused on the UHNW segment.
Nuveen Executive Joins EP Wealth Advisors as President
EP Wealth Advisors announced Feb. 9 that Patrick Goshtigian has joined as president. Previously, Goshtigian ran global operations in Chicago and Los Angeles for both Nuveen Investments and the Nuveen Investment subsidiaries. Goshtigian is responsible for day-to-day operations, as well as for leading the firm’s expansion.
Prior to Nuveen, Goshtigian held executive positions at NWQ Investment Management Co. and Analysis Group.
Citi Private Bank Welcomes Bachmann, Miller
Citi Private Bank announced Monday that Jane Bachmann and Eugene Miller have joined the firm. Bachmann is director and UHNW private banker in its North America Asian Clients Group. She will be based in San Francisco and will report to Ida Liu, head of the group. Miller, also a director and UHNW private banker, will be based in Greenwich, Conn., reporting to Patricia McDermott, head in Connecticut and Westchester.
Bachmann joins from The Presidio Group LLC in San Francisco, where she was managing director and partner, focused on providing wealth management strategies to both U.S. and Asian HNW individuals, family offices and nonprofit organizations. Prior to that, she spent 17 years at Fidelity Investments in Dallas and San Francisco, most recently as vice president in the private client group.
Miller joins from Galaxy Family Resources in Greenwich, where he was president, providing customized financial solutions for wealthy families and family offices. Prior to that, Miller was a senior vice president and wealth management strategist at Genspring Family Offices.
Carl Richards, Author of The Behavior Gap, Joins BAM Advisor Services