Heartland Financial, a diversified financial services company that provides wealth management and banking services, has hired Brian J. Fox as executive vice president of operations, in charge of information technology, deposit operations, treasury management, customer support and human resources. Fox replaced Edward H. Everts, who is retiring on Oct. 16 after 18 years with the company.
A 35-year veteran of the financial services industry, Fox comes to the company from First Olathe Bancshares, where he was EVP and chief risk officer.
"Brian will carry forward the momentum created by Ed Everts, while deploying technologies that bring convenience and relevant financial information to our business and retail customers," said Heartland Chairman, President and CEO Lynn B. Fuller. "I'm confident Brian will create an operations network that serves our 10 community banks with products and services that help our customers realize their financial goals."
Oros, Nealson Join Trust Company of America
Trust Company of America has completed the expansion of its management team with the hiring of Bob Oros as vice president, national sales manager and Jennifer Nealson as chief marketing officer.
"With Bob and Jennifer now on board, our leadership group has an unbeatable combination of management discipline, industry experience and passion for perfection to drive our performance, and this further reflects our ongoing commitment to the success of our registered investment advisor clients," said Trust Company of America President and CEO Frank Maiorano.
Oros was previously at LPL Financial for three years as executive vice president of custom clearing services. Before that, he worked in a variety of management posts at Charles Schwab, including vice president/senior divisional manager, in charge of the sales, development and growth of RIA initiatives. He is also on the board of directors of Blue Frog Solutions, the advisory board of the Central Michigan University Department of Finance and Business Law and previously on the service provider advisory committee of the Profit Sharing/401(k) Council of America.
Nealson joins Trust Company of America in the new post of chief marketing officer. She was previously vice president/marketing and communications at Republic Financial Corp., heading a marketing and sales group that provided services to the company's five divisions and a portfolio of 20 companies. Before that, she was vice president at Centrix Financial, where during her tenure, assets under management soared from $2 million to $4 billion. During the course of her career, Nealson has been a strategic growth consultant to a number of Fortune 500 companies, including IBM, Coors, Sylvan Learning, Omni Hotel Corp. and Chase Bank. She also serves on the board of directors of renewable energy firm Bye Energy.
"These are especially exciting, yet challenging times for RIAs," Maiorano said, "and it is imperative for the custodial community to meet those challenges with a combination of fully integrated technology, personalized client service and the know-how to produce optimum results."
Oppenheimer Promotes Steinmetz, Evans,Memani
OppenheimerFunds has promoted Art Steinmetz to chief investment officer and named George Evans director, equities and Krishna Memani director, fixed income.
Steinmetz, who will continue to hold the title of executive vice president, was previously chief investment officer solely for fixed income. He will continue to co-manage the Oppenheimer International Bond, Oppenheimer Global Strategic Income and Oppenheimer Global Allocation funds. He replaces Christopher Leavy, former head of equities, who is leaving to join another organization.
"Art Steinmetz is widely recognized as an innovator in our industry and one of its most successful portfolio managers," said Bill Glavin, chief executive officer of OppenheimerFunds. "During his nearly 25 years at OppenheimerFunds, he has proven himself to be not only a truly gifted investment manager, but also a strong leader of people and teams. I look forward to working together with Art in his new role and congratulate him on a well-deserved promotion," Glavin said. "George and Krishna have made invaluable contributions to OppenheimerFunds, and their leadership of our equity and fixed income teams will help pave the away for Art to transition successfully into his expanded role."
UBS Wealth Hires Pair Of Morgan Advisers
UBS Wealth Management Americas has hired a pair of New Jersey advisers from Morgan Stanley Smith Barney. Richard Hausler and Lawrence Jay will join the UBS branch in Manasquan, N.J., where they will report to Matthew Wojcik, the branch's manager. Hausler and Jay generated $1.5 million in fees and commissions over the trailing 12 months and managed $225 million in client assets.
Hausler worked at Citigroup Inc. Jay has been with Morgan Stanley Smith Barney for six years.