This week in personnel announcements and new hires, Francis Frecentese joined Bessemer Trust, and the Private Client Reserve added Heather Gross and promoted Rachel Ferguson.

Also, Tyler Resh joined First Foundation, and Gina Gurgiolo went to Mercer.

Bessemer Trust Welcomes Frecentese

Bessemer Trust announced that Francis Frecentese has joined its New York office as managing director and director of hedge funds. He will report to Chuck Bryceland, managing director and head of alternative investments.

Prior to joining, Frecentese was global head of hedge fund investments at Lyxor Asset Management. Before Lyxor, he was global head of hedge fund investments at Citi Private Bank (Citigroup). In addition, he was global director of alternative investment research at Graystone Research, an alternatives advisory group within Morgan Stanley, and managed bespoke alternatives portfolios for the firm’s ultra-high net worth clients.

Private Client Reserve Adds Gross, Advances Ferguson

U.S. Bank Wealth Management has announced that Heather Gross has joined the Private Client Reserve in Sacramento and Rachel Ferguson has been named managing director of private banking for the Private Client Reserve in Cincinnati.

Prior to joining, Gross worked as an estate planning and trust administration attorney for Legacy Law Group in Sacramento.

Ferguson, who has been a banker for 20 years, 13 of them at the Private Client Reserve, previously served as a managing director of private banking for the Twin Cities office.

First Foundation Adds Resh

Financial services firm First Foundation Inc. announced that Tyler Resh has joined as director of marketing and strategy.

Prior to joining, Resh, who brings 17 years of experience as an investment banker and strategy consultant, was a partner at investment bank and consulting firm Echelon Partners. He began his professional career as a management consultant at a Los Angeles-based consulting firm.

Gurgiolo Joins Mercer

Mercer has announced that Gina Gurgiolo has joined the Chicago office within the defined contribution advisors specialty practice. She reports to Nancy Coletto, partner and Chicago health and benefits practice leader.

Gurgiolo joins from Plan Sponsors Advisors, where she served as fiduciary services director and senior investment consultant. During her career she has held related positions of increasing responsibility at such leading firms as Multnomah Group, Standard Retirement Services and Great West Retirement Services.

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