Barclays Wealth announced Wednesday that it hired a former Deutsche Bank executive to run its Washington, D.C. office.
Barclays hired Michael Burke, the former head of Deutsche Bank Alex. Brown, the U.S. private client division of Deutsche Bank, where he managed 300 advisors in 16 offices from 2006 to early last year, when he left the company to be assistant treasuer and a national trustee for United Cerebral Palsy.
Before joining Deutsche, Burke worked for Morgan Stanley for 17 years. During that time, he was national sales director for 9,000 advisors. He started his career at Smith Barney as a fixed-income specialist.
At Barclays Wealth, which is the Barclays plc’s private client arm, Burke will look to expand the company’s presence in the Mid-Atlantic region.