This week in new hires, Carol Yochem joined TD Wealth; Karen McNeill was appointed head of family history for U.S. Bank’s Ascent Private Capital Management; Nanette Abuhoff Jacobson was tapped as global investment strategist for Hartford Funds; Kenneth Robb and Robert DiMaggio joined fi360; RidgeWorth Investments welcomed Christopher Danos, Scott Goldberg and Mallory Carr; Amar Kothapalli was promoted to partner at Baker Tilly Virchow Krause; and John Liebowitz joined Davis Polk as a partner.
Also, Lincoln Financial Advisors appointed Bill Fortner managing director; Washington Trust named Mark Gim head of Washington Trust Wealth Management; Simple Alternatives added two new managers as subadvisors to its S1 fund; clark Kendall was named to the City of Rockville’s financial advisory board; the SEC promoted Amelia Cottrell to associate regional director for enforcement in New York; Lisa Weil was named to the SPARK Institute’s board of directors; and Commonwealth Financial was named a Best Place to Work for a seventh time.
Carol Yochem Joins TD Wealth as Regional Wealth Leader in the Carolinas
TD Wealth, which provides clients with customized private banking and wealth management services in partnership with TD Bank, has announced the addition of Carol Yochem as senior vice president and regional wealth leader for the metro Carolinas region. She will be based at TD Bank’s regional headquarters in Greenville.
Yochem joins from First Citizens Bank & Trust in Raleigh, N.C., where she served as executive vice president and head of the bank’s wealth management business line. Prior to this position, Yochem spent 18 years in executive and senior executive positions with SunTrust Bank in Tennessee.
Karen McNeill Appointed at Ascent Private Capital Management of U.S. Bank
U.S. Bank Wealth Management announced recently that Karen McNeill has been appointed head of family history for Ascent Private Capital Management of U.S. Bank. She reports to Scott Winget, senior managing director of wealth impact planning. In her new role, McNeill works directly with families to research and present family and business histories as part of a comprehensive wealth planning platform. As part of Ascent’s wealth impact planning team, she helps families uncover and construct meaningful family histories, then delivers them in live presentations, often at family meetings or retreats.
McNeill has more than 15 years of experience in working on personal history projects with individuals, as well as with private- and public-sector organizations. Prior to joining Ascent, she taught history at the University of California, Berkeley; the University of the Pacific, Ohlone Collegeand the Academy of Art University. She has also served as senior historian/architectural historian at Carey & Co. in San Francisco.
Jacobson to Succeed Rullo as Hartford Funds Global Investment Strategist
Hartford Funds has named Wellington Management Co.’s Nanette Abuhoff Jacobson as global investment strategist. She succeeds Jim Rullo, who will retire from Wellington Management at the end of June. In her new role, Jacobson will analyze and interpret markets and investment opportunities, write regularly on events that impact the global financial markets and provide commentary.
In addition to her role as global investment strategist, Jacobson serves as asset allocation strategist at Wellington Management. Prior to her current role, she was director of fixed income product management. She joined Wellington Management in 2005 as an investment director for U.S. fixed income products. Previously, Jacobson held positions at JPMorgan, Security Pacific National Bank, Interactive Data Corp. and IBM. fi360 Appoints Kenneth Robb Chief Technology Officer
fi360 announced that Kenneth Robb has joined the company as its chief technology officer. In this newly created position, he will lead the ongoing strategy and execution of fi360’s technological vision, including product design and development, external partnerships, risk management and security, and companywide technology standards.
fi360 also announced the addition of Robert DiMaggio to its technology staff as vice president of integration and data analytics. DiMaggio is responsible for overseeing the implementation and use of client, institutional and financial data across fi360’s software applications.
Over his 19-year career, Robb has managed more than $1 billion in information technology assets. Most recently, he was an independent solutions consultant, providing technical expertise to clients including Bank of New York Mellon. Prior to that, he was the chief technology officer at Basis100, overseeing the technical consolidation of multiple systems resulting from acquisitions.
DiMaggio brings expertise in big data management and processing, as well as diverse entrepreneurial experience building complex Web applications.
RidgeWorth Investments Welcomes Danos, Goldberg and Carr
RidgeWorth Investments announced the addition of three new members to its client support team: Christopher Danos, Scott Goldberg and Mallory Carr. In his position as senior national accounts manager, Danos will be responsible for business development and account management for the wirehouse channel. Goldberg, also a senior national accounts manager, will head business development for the defined contribution investment only (DCIO) team as well as work with the private banks. Carr, also a senior national key accounts manager, will oversee business relations with registered investment advisors and the independent broker/dealer channel.
Danos brings 18 years of investment experience and account management. Previously, he was vice president and director of strategic relationships at Highmark Capital Management in Boston. Prior to that, he served as senior vice president and managing director at Evergreen Investments and vice president and senior national accounts manager at Pioneer Investments.
Goldberg brings 10 years of investment experience, most recently serving as senior sales consultant at Hartford Funds in Atlanta. Prior to that, he was vice president at both Old Mutual Asset Management and Trusco Capital Management.
Carr’s career includes 18 years in sales, business development, marketing and account management in the investment industry. Prior to joining, she served as senior national accounts manager and vice president at Invesco in Houston.
Baker Tilly Promotes New Partner in Financial Services Industry Team
Accounting and advisory firm Baker Tilly Virchow Krause has promoted Amar Kothapalli to partner in the financial services industry team. He specializes in working with financial institutions, including those in the insurance and asset management industries.
Throughout his career, Kothapalli has served clients including life, property and casualty, and health insurance companies; large multifund registered fund families; nonregistered partnerships; hedge and venture capital funds; investment advisors (private and public); broker-dealers; and banking institutions. In addition to financial statement audit, he has experience in other attestation engagements including internal audit, agreed-upon procedures, and examination engagements. John Liebowitz Joins Davis Polk as Partner
Davis Polk & Wardwell announced that Jon Leibowitz, former chairman of the Federal Trade Commission (FTC), is joining the firm as a partner in its Washington, D.C., office. He will will provide counsel in the developing area of privacy law.
Leibowitz served as chairman of the FTC from 2009 to 2013 and as a commissioner from 2004 to 2009. Prior to his tenure at the FTC, he worked on the Senate Judiciary Committee in a variety of capacities, including as a chief counsel to the Antitrust and Technology Subcommittees. He also served as a government relations executive at the Motion Picture Association of America.
Lincoln Financial Advisors Appoints Bill Fortner Managing Director
Lincoln Financial Network (LFN), the retail client business of Lincoln Financial Group, announced that Bill Fortner has been appointed managing director with Lincoln Financial Advisors Corp. (LFA), leading the Pacific regional planning group. In this capacity, he will manage regional planning offices in northern California, Oregon and Washington state, and focus on growing market share and expanding its footprint in the region. Based in San Ramon, Calif., Fortner will report to John DiMonda, SVP, head of Lincoln Financial Advisors.
Fortner joins from MetLife, where he served as a regional sales vice president covering southern California and Hawaii from 2011 to 2013. Earlier, he held various roles within The Hartford Financial Services Group in Newport Beach from 2001 to 2010, most recently serving as director, private wealth management. He has also held other senior sales positions, including financial advisor with John Hancock Financial Services and vice president, district financial relationship manager for the California retail division of Bank of America in Santa Barbara.
Washington Trust Appoints Mark Gim Head of $4.4B Wealth Management Group
Washington Trust recently announced that Mark Gim of Barrington, R.I., has been appointed executive vice president, wealth management and treasurer. In his new role, he is responsible for establishing and executing strategy for Washington Trust Wealth Management, a division of The Washington Trust Co. with $4.4 billion under administration.
Gim has extensive experience in the financial services industry, specializing in corporate planning and treasury-related functions dating back to 1989. He joined Washington Trust in September 1993 from Citizens Bank and most recently served as executive vice president and treasurer, with additional responsibilities for overseeing the retail banking division.
Simple Alternatives Adds Two New Managers as Subadvisors to S1 Fund
Simple Alternatives announced the addition of Bruce Garelick of Garelick Capital Partners and Alexander Fodor of Sonica Capital as new subadvisors to the S1 Fund (SONEX), a multimanager, long/short equity mutual fund.
Garelick, founder of Boston-based Garelick Capital, a long/short equity fund, previously managed the long/short technology portfolio at Adage Capital Management.
Fodor is the CEO and CIO of Sonica Capital, a New York-based long/short equity fund. Prior to founding Sonica, he worked at Izara Capital Management, a spin-out of Maverick Capital.
Clark Kendall Appointed to Financial Advisory Board for City of Rockville
Maryland-based financial services firm Kendall Capital Management (KCM) announced that Clark Kendall, CEO, president and founder, was selected to join the city of Rockville’s financial advisory board, which was established in February.
In this role, Kendall will be advising the mayor and council regarding financial matters. Each board member serves a three-year staggered term.
Cottrell Named SEC’s Associate Regional Director for Enforcement in N.Y.
The SEC announced the promotion of Amelia Cottrell to associate regional director for enforcement in the agency’s New York regional office. She fills the slot that was previously held by Sanjay Wadhwa, who was recently promoted to senior associate regional director for enforcement in the New York office. In her new position, she will help supervise a staff of approximately 180 attorneys, investigators, accountants and paralegals in theNew York office’s enforcement program.
Cottrell, who came to the SEC in 2005, has been serving as an assistant regional director in the New York office and as a member of the enforcement division’s nationwide market abuse unit. She assumed a managerial role in the New York office in 2008 and was promoted to assistant regional director in 2010. Before joining the SEC staff, Cottrell worked as a litigation associate for five years at the New York law firm Paul, Weiss, Rifkind, Wharton & Garrison, and for two years in the Chicago office of Jones Day.
Lisa Weil Named to SPARK Institute’s Board of Directors
ProcessUnity announced that Lisa Weil, vice president of industry solutions, has been named to the board of directors of the SPARK Institute, a retirement industry advocacy group, in Washington. Her responsibilities will include serving on the government relations committee and key task forces; attending meetings with regulators, legislators and other industry trade groups; voting on decisions about priorities and positions; and comment letters to legislators and regulators, among other tasks.
Weil has more than 20 years of experience in the technology, financial services, retirement and human resource benefits outsourcing industries.
Commonwealth Financial Named a Best Place to Work for Seventh Time
For the seventh consecutive year, Commonwealth Financial Network has been ranked as one of the Best Places to Work in Information Technology (IT) by IDG’s Computerworld. The list is an annual ranking of the top 100 work environments for technology professionals by Computerworld. Commonwealth was second on the list of best places to work for among small organizations in the United States, defined as having fewer than 2,500 U.S. employees. Overall, Commonwealth was fourth on the list of best firms of any size to work for by the technology publication.
In all, Commonwealth has been recognized 22 times as a Best Placeto Work by top regional publications, including the Boston Globe, Boston Business Journal, San Diego Business Journal and Computerworld. In April 2013, J.D. Power and Associates ranked Commonwealth “Highest in Independent Advisor Satisfaction Among Financial Investment Firms, Three Times in a Row.”
Read the June 12 New Hire Roundup at AdvisorOne.