People moves
Wells Fargo & Company
Julie Caperton has been named as head of Wells Fargo Private Bank, a division of Wealth & Investment Management (WIM).
This is in addition to Caperton’s current role as head of the banking, lending and trust centre of excellence for WIM.
Caperton will continue to report to Barry Sommers, head of WIM.
She has been with Wells Fargo and its predecessor organisations for almost 20 years.
Axa Investment Managers (Axa IM)
The investment firm has appointed Florian Bezault as head of Americas and regional chief financial officer of the Americas.
Beatriz Barros de Lis has also been named head of client group Americas of Axa IM Core.
RBC Wealth Management
Amanda Dolan has been promoted to head of adviser recruiting at the wealth manager.
She has spent the past decade at RBC Wealth Management holding a variety of roles, starting with a position in the firm’s Madison, Wisconsin branch before moving into operations.
Pension & Wealth Management Advisors (PWMA)
The firm has hired David Serpa as co-president and managing partner.
Prior to joining the firm, he served as Managing Director at Mentor Partners, where he led the management consulting/M&A advisory practice while evaluating investment opportunities for the private equity division.
Fiduciary Trust International
The global wealth manager has appointed Brian Conboy as director of estate administration and trust counsel.
Conboy joined Fiduciary Trust International in July 2016 as a vice president and estate settlement officer.
Northern Trust
Carlos Arrizurieta has joined the company as a senior managing director based in Miami, Florida.
Prior to joining Northern Trust, he was a senior vice president at Wells Fargo Private Bank and also held roles at Deutsche Bank and Citi Private Bank.
Raymond James
Financial advisers Bobby Conville Jr and Earl Smith have joined the firm in Ruston, Louisiana.
Together with Ruth Best, senior registered client service associate, the advisers mark RJA’s first office location in Ruston.
Conville and Smith join from Wells Fargo Advisors and operate as Conville, Smith and Associates Wealth Management of Raymond James.
Bailard
The independent wealth and investment management firm has hired Janet Walker as senior vice president and investment counsellor.
Prior to Bailard, she spent 22 years with Wells Fargo, most recently in the San Francisco office of Abbot Downing, Wells Fargo’s boutique ultra-high net worth firm.
M&A
Wealth Enhancement Group
The wealth management firm has acquired Lighthouse Wealth Management, an independent hybrid registered investment adviser (RIA) firm
Established in 1992 by co-founding partners Thomas Kozlowski and Andrew Wilson, Lighthouse has eight financial advisers among its 13 employees.
The practice specialises in financial planning, wealth management and tax services for clients at or near retirement or those experiencing another life-changing event.
Upon closing, the practice will be called the Lighthouse Team, and Kozlowski and Wilson will serve as senior vice presidents, financial advisers at Wealth Enhancement Group.
The financial terms of the deal were not disclosed.
