This week in personnel announcements and new hires, Merrill Lynch added two new five-member teams, including one that rejoined Merrill from UBS. Also, new advisory firm Intellectus Partners joined the Dynasty partnership, Don MacQuattie joined J.P. Morgan Asset Management’s defined contribution team; and Ned Van Riper was named a new recruiting director at Independent Financial Partners.
Barry Schneider, Cris Bera and Chris Dewhurst, along with two support staff, joined the private banking and investment group in Texas from Barclays’ U.S. wealth management division.
The David/Robertson group, including Chad David, S.J. “Jimbo” Robertson Jr., and Chelsea Smith, has rejoined from UBS in Louisiana. The latter team is based in Baton Rouge and will report to Jeremy Silvas, Louisiana/Mississippi marketing executive.
Intellectus Is Newest Dynasty Partner
The launch of independent advisory firm Intellectus Partners was announced by David La Placa, cofounder, chairman and CEO, and Jay Casey, cofounder and president. The firm has partnered with Dynasty Financial Partners to use Dynasty’s platform of integrated wealth management services and technology.
Prior to Intellectus, La Placa was a member of the client advisor executive committee and a managing director with Deutsche Bank Alex. Brown. He joined Deutsche Bank in 2004. Casey, who began his financial career in 2000, is a former director, advisor and portfolio manager at Deutsche Bank.
MacQuattie Joins J.P. Morgan Asset Management
J.P. Morgan Asset Management has announced that Don MacQuattie has joined its U.S. funds team as head of defined contribution for global strategic relationships. He reports to Robert Stark, head of global strategic relationships.
MacQuattie has more than 20 years of experience in the DC space and previously led relationship management initiatives across all product lines for firms including Fidelity, Vanguard, T. Rowe Price, Pershing and TD Ameritrade. Before that he was at Hartford Financial Services, and also spent 12 years with Merrill Lynch.