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New Hire Roundup: Cetera Names New CIO

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This week in personnel announcements and new hires, Dynasty Financial Partners welcomed Ron Sallet; Securities America promoted David Vaughan and John Behn; Baird Private Wealth Management promoted Jarrett Kovics; Morrison & Foerster welcomed Charles Duross; and Fusion Family Wealth added Fred Gold.

Also, ING U.S. Investment Management announced the promotion of Amir Sahibzada; Carson Wealth Management elected Steve Lockshin to its executive board; Cetera announced the appointment of Mukesh Mehta as chief information officer, along with several new hires; and New York Life said it planned to hire 3,600 new financial representatives in 2014.

Mehta Named CIO at Cetera; New Hires Announced

Cetera Financial Group has made a number of personnel announcements. Mukesh Mehta has joined as chief information officer. Leda Csanka, previously senior vice president and CIO, will move into the newly created role of chief technology officer and report to Mehta. In addition, Mohan Gurupackiam, Derek Gledhill and Sandy Coffey have joined the company’s technology team as vice president, head of applications, delivery & operations; senior director, advisor workstations; and head of IT finance and governance, respectively.

Prior to joining, Mehta served as managing director and CIO, institutional, for TD Ameritrade, where he led application development services supporting all of the firm’s institutional business. Prior to that, he spent nearly a decade at Charles Schwab & Co., where he served in progressively senior technology leadership positions. Most recently, he served as senior vice president & head of IT, Schwab Institutional, product development and technology.

Gurupackiam’s experience includes nearly 14 years at E*Trade Financial Corp., where he served most recently as director, software engineering. Gledhill has spent more than 20 years in the financial services industry, and held the position of vice president, broker workstation, advice and wealth management at Ameriprise Financial prior to joining Cetera. Coffey comes to the company from American Honda Motor Co., where she served as an IT executive for American Honda Finance Corp./Honda Canada Finance Inc.

Sallet Joins Dynasty Financial Partners

Dynasty Financial Partners announced that it has hired Ron Sallet as senior vice president of network development. He will report to Shirl Penney, president and CEO.

Sallet joins Dynasty from Wells Fargo’s independent channel, FiNet, where for the last four years he was a managing director, co-leading their branch development and marketing team. He joined Wells Fargo Advisors in 2007. Earlier, he worked at Citigroup/Smith Barney for 14 years, where most recently he was SVP, director of financial services groups in New York at Citigroup Global Markets. Prior to that role, he held a variety of field positions, including financial advisor, national training officer, assistant branch manager and branch office manager.

Securities America Announces Officer Promotions

Securities America announced that it has promoted David Vaughan to senior vice president and chief financial officer and John Behn to first vice president.

Vaughan joined in 1994, and has worked progressively larger roles in accounting and finance during his career at the company. By 2012 as first vice president, he was overseeing all financial analysis, reporting, accounting operations and internal audits. In 2013, he was promoted to vice president of finance and joined the executive leadership team.

Behn joined nine months ago as the national director of recruiting. Prior to joining, he was a senior vice president with Aegon and Transamerica where he led multiple national sales teams.

Baird Promotes Kovics

Baird Private Wealth Management announced the promotion of Jarrett Kovics to regional director. In his new role, he will oversee the firm’s wealth management offices in the western region, which includesTexas,Arizona,Oregon and California. He is based in theDallasoffice.

Previously he was director of the Texas market for Baird. He joined the firm in 2010 as branch manager of the Dallas wealth management office. He started his career as a financial advisor at Morgan Stanley. He then moved to Citi Smith Barney, where he spent 11 years in a variety of roles, including assistant branch manager of the private client/institutional headquarters office inNew Yorkand complex manager of the global wealth management offices in Hawaii. Morrison & Foerster Adds Duross

Law firm Morrison & Foerster announced that Charles Duross will join the firm in February. He will head the firm’s global anticorruption practice.

Duross for the past four years has led the Department of Justice’s FCPA unit, where he was in charge of all of DOJ’s FCPA investigations, prosecutions and resolutions in the U.S. from April 2010 through his departure from the DOJ on Jan. 24. Earlier, he was a deputy chief of the fraud section in the criminal division for almost four years. Over his 12-year tenure at DOJ, he was also a prosecutor with the fraud section, trying a range of white-collar cases from health care and wire fraud to public corruption, securities fraud and tax evasion. Earlier, he was a member of the U.S. Attorney’s Office in Miami, where he rose to deputy chief in the major crimes section.

Fusion Family Wealth Adds Gold

Fusion Family Wealth LLC has announced the addition of Fred Gold as head of business development for metro New York. He will be based on Long Island and report to Jonathan Blau, founder, president and CEO.

Gold had a 32-year career with Arthur Andersen LLP, where he was the partner in charge of the metro New York enterprise group audit division. He also served as the partner in charge of Andersen’s audit division in the Long Island office, where he spent 20 years serving as advisor to entrepreneurial clients and multinational firms. He spent his first 13 years at the firm as a member of the small business audit division in the New York office.

ING U.S. Investment Management Promotes Sahibzada

ING U.S. Investment Management has announced the promotion of Amir Sahibzada to chief risk officer. Sahibzada, who previously served as managing director, head of investment risk, replaces Chet Ragavan, who was promoted to chief risk officer of ING U.S., Inc., the firm’s parent company, earlier this month. Sahibzada will report to Ravagan and to Jeffrey Becker, ING U.S. Investment Management CEO. In connection with Sahibzada’s promotion, Brad Taylor, who most recently served as SVP, investment risk for ING U.S. Investment Management, will become head of investment risk management and assume Sahibzada’s prior responsibilities.

Before joining in 2010, Sahibzada was managing director and global head of risk management with D.B. Zwirn & Co. Prior to that, he was with ABN AMRO Bank for more than 14 years, holding various risk management positions covering both market and credit risk areas.

Since joining in 1999, Taylor has held a number of risk management roles, including in the corporate insurance risk management department at ING Group’s headquarters in Amsterdam from 2001 to 2003. He also worked on the MBS asset management team for five years, focusing on proprietary investment portfolios.

Lockshin Joins Board at Carson

Carson Wealth Management announced that Steve Lockshin has been elected to its executive board.

Lockshin founded Convergent Wealth Advisors (formerly CMS Financial Services) in 1994 and served as CEO for 18 years. During that time, he founded CMS Reporting, now known as Fortigent, LLC.

New York Life Announces Plans to Hire 3,600 Financial Reps

New York Life has announced that it plans to add 3,600 new financial representatives in 2014, with more than half of that number to be women or individuals who represent the cultural markets.

In 2013, 62% of the firm’s new hires in the field were women or individuals who represent the cultural markets. The company said it expects similar results in 2014, seeking to hire women and individuals serving the African-American, Chinese, Hispanic, Korean, South Asian, and Vietnamese markets in the U.S.