Barclays continues to expand its wealth and investment management division with the addition of 16 advisors and a new office on the West Coast.
Since its last major recruiting announcement in November, the firm has extended the reach of its boutique operation with a new office in Beverly Hills, Calif., and a number of new hires in key metropolitan areas nationally.
The new recruits join seven of the firms 14 offices and hail from Deutsche Bank, Merrill Lynch, AllianceBernstein, Goldman Sachs, BNY Mellon, US Trust, UnionBanc, Morgan Keegan and Credit Suisse.
We are pleased to welcome these talented individuals to Barclays," the head of Wealth Management, Americas for Barclays, Mitch Cox, said in a statement. The addition of these seasoned Investment Representatives demonstrates our continued focus on serving the sophisticated needs of our clients across the Americas. These hires underscore our commitment to attracting top-performing professionals who seek Barclays unique, in-depth approach, of guiding clients to customized solutions that extend far beyond their investment portfolio.
In New York, the firm has brought on six advisors, including Ramon Hache, Stephen Brazell, Joseph Chung, Steven C. Guggenheimer, George M. Zaki and Jonathan Mann all of whom report to Mark Stevenson, managing director and regional manager for New York.
Hache, Brazell and Chung all join from Deutsche Banks Markets Coverage Group where they focused primarily on high net worth individuals and Families in Latin America.
Hache comes aboard as managing director having been at Deutsche Bank for 10 years and also having served at HSBC and the private banking division of JP Morgan.
Brazell joins as director and had been at Deutsche Bank since 2004. Prior to that, he was the head of the Private Bank Emerging Markets desk at JP Morgan.
Chung will also be director and served at Deutsche Banks Private Wealth Management division since 2003.
Also in New York, Guggenheimer, a 26-year industry veteran, joins Barclays as director from Merrill Lynchs Global Wealth Management division. He also previously served as managing director at Neuberger Berman.
Another former Merrill Lynch advisor, Zaki joins as vice president. He had formerly been a client associate at Neuberger Berman.
The sixth hire in New York, Jonathan Mann, joins as a director from AllianceBernstein and brings with him more than 29 years of industry experience. He previously managed Bernstein Global Wealth Managements New York Region and was a senior portfolio manager for Bernsteins International Value Team.
In Houston, the firm has added three former Goldman Sachs advisors: Don Childress, Jeff Collins and Neil Stone who report to the managing director and regional manager for Texas, Steve Head.
Childress will serve as director at Barclays having worked with high net worth clients at Goldman Sachs for 14 years. Before that, Childress had been at Price Waterhouse for five years in the Tax Accounting and Investment Banking divisions.
Collins also joins as director and has 15 years of management experience. He had previously worked in Real Estate Development at Austin Capital Partners.
Stone has fourteen years of experience and had worked with Prudential Securities and the Texas Commercial Bank, Chemical Bank before joining Goldman Sachs.
Farther to the West, the firm has brought on two advisors to open the new Beverly Hills office including Watt W. Webb II, who comes from BNY Mellon and Warren Cohn of US Trust.
Webb also served as a senior vice president at Oakwood Capital Management and as a portfolio manager at Cornerstone Investment Counselors.
Cohn has over 20 years of experience having worked as a senior director in the Private Wealth Management Group at BNY Melon before joining US Trust, where he focused on clients in the entertainment and sports industry.
Both join as directors and report to Brian Sears, the managing director and regional manager for the Los Angeles and Beverly Hills offices.
In Los Angeles, Adam Morgens joins as a vice president and has eight years of experience at UnionBanc Investment Services.
In the Midwest, Barclays has added Adam Strauss to its Chicago Office. Strauss had been at Goldman Sachs since 2010. He joins as vice president and reports to Bill Scherr, director and regional manager for Chicago.
In Boston, Barry Pederson joins as a director and brings with him two decades of financial services experience. He was most recently at Morgan Keegan until last year, having also served at Sterne Agee & Leach and A.G. Edwards. Before joining the financial services industry, Pederson played 12 seasons of professional hockey with the Boston Bruins, Vancouver Canucks, Pittsburgh Penguins and Hartford Whalers from 1980 to 1992. He reports to Marty Courage, managing director and regional manager for Boston.
Two former Credit Suisse advisors, Ileana Platt and Rafael Urquidi, join Barclays in Miami.
Platt will be a director and has over 24 years of industry experience having served high net worth clients and families in Peru, Mexico, Bolivia and Panama at Credit Suisse.
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