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There are currently no plans to replace the longtime wirehouse leader, whose responsibilities will be divided among other executives.

The hires might be short-lived as job-cut moratoria end in the third and fourth quarters.

As consolidation reshapes the market, the custodian sees an opportunity to attract tech-forward and multi-custodial firms.

Amy Sennett is an HR coach at Paychex.

The alternative asset manager said it has $77 billion in cash, securities and other available capital, including uncalled capital commitments from clients.

Manish Vrishaketu is the Chief Operations Officer at Tipalti.

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