GenSpring Family Offices' assets under management have plunged 31% since the sudden departure of high-profile CEO Maria Elena 'Mel' Lagomasino -- falling to $11.6 billion from $16.9 billion as of late 2011 -- and the firm is now facing the departures of its president and other top execs.
John Devine, the president of GenSpring since 2002, has left the firm, according to a company spokesman, and now identifies himself on his LinkedIn profile as partner and strategic advisor at Brown Advisory.
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