As it aims to ramp up growth, Hilliard Lyons is streamlining its management model to include regional directors who will assist branch managers.
The Louisville, Kentucky-based firm recently hired George von Zedlitz as a regional director overseeing the firm’s Northern Ohio and Western Pennsylvania branches. He will be based in Cleveland.
“This represents a significant commitment to expanding in central, northern and eastern Ohio,” Tom Kessinger, Hilliard Lyons president said in a statement.
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Hilliard Lyons, not traditionally known for big recruiting pushes, is expanding.
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The move comes more than three months after Morgan Stanley and UBS quit the agreement.
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The 2004 industrywide accord is rocked by changes its founders did not foresee.
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The regional firm has been expanding since
Prior to his hire, Zedlitz served at Fifth Third Bank for four years as managing director and senior vice president of the bank’s wealth and asset management division, according to Hilliard Lyons. Overall, he brings 29 years of experience to the role, including stints at Wells Fargo, Charles Schwab and Merrill Lynch, according to FINRA BrokerCheck.
A spokesman at Hilliard Lyons did not respond to request for comment on the new hire.
