This week in new hires, Aberdeen Asset Management announced the opening of a New York City office; MFS Investment Management welcomed Philip Stewart and promoted David Bryant; Leslie Voth was named CEO at Pitcairn; and Michael Millman joined U.S. Bank's Private Client Reserve in San Francisco.
Also, John Fleurant moved up at New York Life; Eric Kolts joined Commonfund; Gil Ahrens went to Citi Private Bank; Mike McNamee moved up at the Investment Company Institute; and Lori Stafford-Thomas joined Jackson National Life.
Aberdeen Opens Office in New York City
Aberdeen Asset Management recently announced the opening of a new office in New York City. Sir Peter Westmacott, British ambassador to the United States; Roger Cornick, Aberdeen's chairman; and Martin Gilbert, Aberdeen's chief executive, marked the occasion with a ribbon-cutting ceremony.
Aberdeen has had operations in the U.S. since 1995 and established its North American headquarters in Philadelphia in 2005. The new office will serve as a business development and marketing center.
MFS Adds New Positions in Midwest, Southeast
MFS Investment Management announced Tuesday that it has expanded its defined contribution investments (DCI) specialist sales team from seven to nine, with the addition of new positions in the midwest and southeast. Philip Stewart has joined the firm as a DCI specialist, responsible for DCI sales in the midwest, and is based in Minneapolis. David Bryant, formerly an inside DCI specialist, has been promoted to DCI specialist, focused on the southeast.
Prior to joining, Stewart spent 16 years with Wells Fargo, the last seven of which were spent working directly with advisors and retirement consultants in the defined contribution marketplace.
Bryant joined in 2008 as an internal wholesaler and was named an internal DCI specialist in 2010. He began his career in the financial services industry in 2007 at State Street Corp.
Pitcairn Names Leslie Voth CEO
The board of directors of Pitcairn Co. announced the appointment of Leslie Voth, president, as CEO, succeeding Dirk Jungé, who continues as chairman.
Voth was appointed to her previous position as president and COO in 2008, after having been a member of the senior management team since 1996. Prior to joining, Voth was vice president of the Meritor Financial Group for nine years.
U.S. Bank's Private Client Reserve in San Francisco Welcomes Millman
U.S. Bank announced Tuesday that Michael Millman has been appointed senior vice president and wealth management advisor for The Private Client Reserve of U.S. Bank in San Francisco. In this role, he will develop and implement customized investment strategies and plans for high-net-worth individuals and families.
Millman brings more than 17 years of private banking, financial planning, and investment management and trust experience to his new post. Before joining, he served as senior vice president and wealth advisor for Wells Fargo Private Bank. He has held senior-level advisory positions with such firms as Bank of America Private Bank, Fidelity Investments and Charles Schwab & Co. John Fleurant Named Deputy Chief Financial Officer for New York Life