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Career moves

Execs moving up in bank wealth management

ByMargarida Correia
January 11, 2018 2:46 PM

What do seven banks from across the country share in common? They all recently named leaders to senior wealth management posts or related investment services businesses.

The newly appointed wealth management executives are presented here. – Margarida Correia

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Executive career moves

What do seven banks from across the country share in common? They all recently named leaders to senior wealth management posts or related investment services businesses.

The newly appointed wealth management executives are presented here. – Margarida Correia
Garrett_Kat

Kristine Garrett, Fifth Third

Kristine Garrett, a former wealth management executive with Canada's CIBC, joined Fifth Third to direct the private banking business across 10 markets.

She took over the role from Mike Michael, who as head of the Wealth and Asset Management division had been running the business.

Read more: Fifth Third lures CIBC exec to run the private bank
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Brian Lamb, Fifth Third

Brian Lamb, Fifth Third's former chief corporate responsibility and reputation officer, was named leader of the bank's Wealth and Asset Management division.

He succeeds Mike Michael who was named to the post in May of 2017. Lamb and Michael will work closely together through the end of February to ensure a smooth transition.

Read more: Fifth Third picks corporate responsibility exec to lead wealth business
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Douglas Banbury, Key Private Bank

Douglas Banbury, a former senior regional executive for PNC Bank's ultrahigh-net-worth unit, joined Key Private Bank as managing director and head of Key Family Wealth Investments. He leads a team of 14 investment professionals who deliver services to ultrahigh-net-worth clients nationally.

Banbury is based in Cleveland and reports to Gary Poth, head of Key Family Wealth, and Joe Calabrese, national head of investments for Key Private Bank.
Paul Hudson returned to Northern Trust as a market leader in Florida after a five-year stint with U.S. Trust.

Paul Hudson, Northern Trust

Paul Hudson joined Northern Trust as market leader of Sarasota and Manatee counties in Florida. He is responsible for business development strategy and client servicing activity to high-net-worth individuals in the region. He oversees more than 80 investment, trust and banking professionals.

Hudson reports directly to Charlie Mueller, Northern Trust president of the West Florida region, while working closely with regional executives. He was previously with U.S. Trust.

Read more: Northern Trust regains wealth executive from rival
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Robert Weiss, SunTrust Bank

Robert Weiss, a former senior executive with J.P. Morgan, joined SunTrust Private Wealth Management to lead the northeast wealth management team. He is based in the bank's new office in New York City at Rockefeller Center.

Weiss is charged with building a team of wealth management professionals that will expand throughout the tristate area and partner with the bank's corporate and investment banking teammates in New York City to serve clients' needs.
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Mark Castelin, U.S. Bank

Mark Castelin joined U.S. Bank Private Wealth Management in Seattle as portfolio management managing director. He leads a team of two investment portfolio managers and one investment specialist.

Prior to joining Private Wealth Management, Castelin was director of investment advisory services at CTC/myCFO investment firm in Seattle.
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Roderick Dolan, U.S. Bank

Roderick Dolan, the former CFO and COO of law firm Kaye Scholer in New York, joined U.S. Bank to lead the fledgling Business Owner Advisory Services group on a national level.

He is responsible for developing strategies to grow the business, which has delivered positive results since it was launched as a pilot in 2015.

Read more: U.S. Bank builds out advisory services for entrepreneurs
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Ben Ollendick, U.S. Bank

Ben Ollendick, the former leader of U.S. Bank's private banking services, was promoted to regional managing director of Ascent Private Capital Management, the bank's ultrahigh-net-worth business.

Ollendick focuses on new business development in the Minneapolis market and leads a team of advisors serving clients with a net worth of more than $75 million. He is one of the five regional leaders overseeing services to super wealthy clients nationwide.

Read more: U.S. Bank names leader of ultrahigh-net-worth business in Minneapolis
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Jason Dailey

Brad Scott, U.S. Bank

Brad Scott, the Kansas City market leader for U.S. Bank's Private Wealth Management unit, was named to a newly created role as national practice strategy leader.

Scott will be responsible for driving advisor activities to "further client engagement while enhancing and integrating technology for both clients and those serving clients," the bank said. He will lead and guide nearly 160 advisors and wealth planners across all of the bank's markets.

Scott joined Private Wealth Management in 2011 as the market leader for the Kansas City office overseeing a team of 27 financial professionals. He will continue to serve as market leader until the bank hires a replacement.
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Stuart Sheridan, Wells Fargo

Stuart Sheridan, a 22-year veteran of Wells Fargo, was named head of Wells Fargo Trust Operations. In his new role, Sheridan leads more than 300 team members responsible for the back-office processing units that directly support trust, custody and fiduciary needs across Wells Fargo businesses.

For the past three years, he led Wells Fargo Institutional Retirement and Trust Signature Service Market relationship management, a role in which he commanded a group of more than 80 individuals servicing corporate retirement plans. He joined Wells Fargo in May of 1995.
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Slug: Dave DiLuigi Date: 8/1/2016 Photographer: Mark Finkenstaedt Location: Washington, DC Caption: Dave DiLuigi of Wilmington Trust
Mark Finkenstaedt/DC Photographer - Mark Finkensta

David DiLuigi, Wilmington Trust

David DiLuigi, president of Wilmington Trust’s wealth advisory division in the Greater Washington and Central Virginia region, was promoted to group vice president. He has worked for Wilmington’s parent company, M&T Bank, for 25 years, managing its retail branches, directing its retirement plan sales team, and working on integration-related projects for some of M&T’s acquisitions.

DiLuigi has been a regional president of Wilmington’s wealth advisory division since June of 2016.
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Patricia Farrell, Wilmington Trust

Patricia Farrell, market leader for Wilmington Trust’s wealth advisory team in Buffalo, was promoted to group vice president and managing director of wealth advisory services for the Buffalo and Rochester markets. She is responsible for driving the expansion of wealth management services throughout Western New York.

Prior to joining Wilmington in 2014, Farrell was a private client advisor and private banking team leader for U.S. Trust in Manhattan.
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Client: Wilmington Trust Date: June 19 2017 Location: Wilmington Trust Washington, DC Caption: Charlotte G. Philips - Wilmington Trust
Mark Finkenstaedt/Mark Finkenstaedt

Charlotte Glinski Philips, Wilmington Trust

Charlotte Glinski Philips joined Wilmington Trust as a team leader for private banking services in the Mid-Atlantic region. She oversees the delivery of credit and banking services to Wilmington’s wealth clients throughout the mid-Atlantic.

Philips was previously with U.S. Trust where she was a private client manager for over a decade.
Margarida Correia
Former associate editor, Employee Benefits Group, Bank Investment Consultant
Career moves Wealth management Fifth Third Fifth Third Bancorp SunTrust U.S. Bank Wells Fargo M&T Bank
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