PEOPLE MOVES
US Bank
Scott Ford has been named as president of wealth management at the banking group.
Previously, Ford led US Bank’s affluent wealth management business – a team of more than 1,400 bankers and US Bancorp Investments financial advisers.
Ford is succeeding Mark Jordahl, who will retire this summer.
Cetera Holdings
The holding company of Cetera Financial Group has appointed Mike Durbin as chief executive.
Adam Antoniades will continue to serve as chief executive of Cetera Financial Group and as a member of the board of directors.
Previously, Durbin served as head of Fidelity Institutional Investment and Technology Solutions, president of Fidelity Wealth Technologies, and president of Fidelity Institutional Wealth Services.
Insigneo
The global wealth management firm has appointed Alfredo Maldonado as managing director and market head for New York and the US northeast region.
Maldonado has 25 years of international wealth management experience, having worked in New York, California, and Florida.
FL Putnam Investment Management
Stephanie Bruckner has been named principal and managing director of investment consulting.
Bruckner brings 18 years’ experience in the financial services industry to FL Putnam. Prior to joining the firm, she led Archilo, an outsourcing chief investment office consulting practice that she established after managing a family office for five years.
Avantax
The financial planning and wealth management solution provider has hired Bruce Tuckey and Dave Renko as regional recruiting directors.
Renko joins Avantax as the regional director of recruiting serving the Southeast. He most recently served as a senior recruiter at Cetera, following roles at Woodforest National Bank, Morgan Stanley, Bank of America, and Cannon Financial Institute.
Tuckey joins Avantax as a regiona director of recruiting to recruit financial advisors, CPAs, enrolled agents, and tax professionals in the Great Lakes region. He brings more than 40 years of experience in accounting and financial services, including served as a regional director of business development for LPL Financial from 2011 to 2019.
Preserver Partners
The alternative investment management firm has named Caroline Lovelace as chief investment officer.
Prior to joining the firm, she held portfolio manager and director of research roles at Rose Hill Park Alternative Asset Managers, Pine Street Alternative Asset Management, and Provident Group Asset Management.
Raymond James
Financial advisers James Reynolds and Joseph Andrews have joined the wealth firm in Worcester, Massachusetts.
The adviser duo operates as Reynolds Andrews Wealth Advisors of Raymond James and are joined by senior client service associate Elizabeth Garrido. They join from Merrill Lynch.
UBS Wealth Management USA
Paul Cuneo has joined the firm as a managing director and financial adviser in Garden City, New York.
He joins with his team, Cuneo, Denihan & Associates which also includes financial adviser Tim Denihan and client service associates Melissa Poyer and Patrick Lively.
M&A
Pinnacle Associates
The wealth firm has bought advice firm Investment Management of Virginia (IMVA) for an undisclosed sum.
The firm manages approximately $580M in assets under management for high net worth individuals and institutions.
Heffernan Financial Services
The wealth firm has acquired advice company Ascendant Financial Solutions for an undisclosed sum.
Ascendant founder JD Hoyt joined Heffernan Financial Services as an executive vice president, along with his team of advisers and employees.
