Barclays Wealth announced on Wednesday that it hired five new Investment Representatives in its Philadelphia, Chicago and Atlanta offices.

“We welcome these highly experienced wealth professionals,” said Mitch Cox, Head of Barclays Wealth, Americas, and Head of Research and Investments globally for the firm, in a press release. "We continue to find that our combination of wealth management experience, business growth, and direct access to the world-class resources of Barclays globally, is a compelling platform for seasoned advisors serving the needs of high net worth individuals and families."


Rosalie Hunter joins Barclays Wealth as a Managing Director from J.P. Morgan, where she had advised ultra high net worth individuals, multi-generational families and corporate executives as clients of the Private Bank since 2002. She spent 10 years in wealth management at Credit Suisse and its predecessor company Donaldson, Lufkin & Jenrette. She holds an M.B.A. from LaSalle University and a B.A. from Ohio Wesleyan University..

Bill McCormack also joins Barclays Wealth from J.P. Morgan, where he was Senior Investor and Market Team Leader for the Private Bank's Mid-Atlantic Region. Previously, he served as Director of Institutional Sales and Client Service for Gardner Lewis Asset Management. He holds an M.B.A. from the University of Virginia, an M.A. from Georgetown University and a B.A. from Princeton University.

Both will report to Scott Sheffer, Regional Manager for Philadelphia.


Brian Maddox joins Barclays Wealth as a Managing Director from Morgan Stanley Smith Barney, which he first joined in 1986, advising high net worth clients, foundations, family offices as well as pension funds, investment advisors, closed end funds and mutual funds. He holds a B.A. from Drake University.

Michael Schafer joins Barclays Wealth from Goldman Sachs, where he had worked since 2002. He  specialized in advising clients on money market and short duration fixed income investments. He  holds an M.B.A. from Northwestern University and a B.S. from the University of Illinois.

Both report to Chris Williams, Regional Manager for Chicago.


Jonathan Pakula joins Barclays Wealth from UBS, which he joined in 2000 as part of its acquisition of Paine Webber. He  holds a B.A. from Washington & Lee University. He reports to Atlanta Regional Manager Linda Eydt.

“We are delighted to welcome these seasoned Investment Representatives to Barclays Wealth,” said Steve Houston, who oversees the regional offices and Investment Representative network in his role as Head of Wealth Management, Americas.





Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access