Once again, HighTower is on the move.

The Chicago-based advisory firm that is looking to grow by attracting advisors from wirehouses, rounded out its recruiting team with regional directors for the Midwestern and Western regions.

Michael Papedis, who is based in Chicago, was hired as a director responsible for advisor recruiting and business development, and MeeSun Boice, who is based in San Francisco, will take on advisor recruiting for the western region, focusing on California. Both will report to Elliot S. Weissbluth, the company’s chief executive officer.

Papedis has a lengthy professional background in the custodian space. Papedis spent the last seven years at Fidelity Investments in Chicago, and was vice president of senior sales, responsible for new business development with the firm’s largest advisor opportunities in the Central region. Before that, he was a sales representative at TD Waterhouse.

In Boice, HighTower has hired a recruiter who is used to large recruiting initiatives. She was the northwest region talent leader for UBS in Los Angeles, where she managed a recruiting pipeline that helped boost UBS’s advisor headcount to 7,284 by the end of last year.

“MeeSun is a fabulous recruiter,” Weissbluth said. “She is part of our strategy to diversify our human capital.”

So with Papedis and Boice, HighTower has rounded out its recruiting team, Weissbluth said. They join Ed Friedman, HighTower’s managing director of business development, who worked at Morgan Stanley for 22 years.

HighTower aldo promoted Kristin Love to director of trading and operations, where she will manage its fixed income team. She has established more than 40 selling agreements with national and boutique firms, and has helped establish HighTower’s infrastructure.

* * *

Also on the move this week:

BNY Mellon Wealth Management [BK] appointed Carolyn Kozlowski as its national escrow sales manager. She was a vice president and escrow manager for the company’s Pittsburgh office. Also, BNY Mellon hired Edgar Murcia to manage its private banking business for its West Coast markets, covering California, Nevada and the Pacific Northwest. He was a regional manager and credit director for Citigroup’s [C] West U.S. law firm group. 

Brown Brothers Harriman & Co., which is based in New York City, appointed R. Charles Shufeldt as a senior advisor specializing in private equity investing. He will also assist the company’s wealth management and investment management businesses. Shufeldt was a corporate executive vice president, and head of the corporate and investment banking business at SunTrust.

BT Wealth Management, a division of Atlanta-based Bennett Thrasher PC, has hired Scott E. Craig as director of portfolio management. He is also a member of BT Wealth Management’s investment committee. Craig was a portfolio manager and research analyst for StableRiver Capital Management, based in Atlanta.

Doug Kline was hired by Global Prime Finance, a division of Deutsche Bank, as a managing director and head of hedge fund consulting. He was a partner and chief information officer for Viking Global Investors, which is based in Greenwich, Conn.

Guggenheim Partners, which is based in New York City, hired Michael Kiley as a senior managing director. He will develop new products and strategies for its insurance and asset management operations, Kiley was chief executive officer of Van Kampen Investments, a division of Morgan Stanley. [MS] 

Maria Umbach had joined Chicago-based insurance services firm Maddock Douglas as its vice president of financial services innovation. She was vice president and chief marketing officer for Guardian Life Insurance Co.

Merrill Lynch Wealth Management [BAC] promoted Patrick Ramsey to chief executive officer and general manager of its Merrill Lynch Bank (Suisse) division. He joined Merrill Lynch in 2002, and most recently was head of both its European private banking group and its family wealth solutions.

Russell Investments, which is based in Tacoma, Wash., hired Ken O’Keefe as a regional director of exchange-traded funds for Russell Indexes. He was chief administrative officer as MSCI Barra, based in London. Russell also promoted Jamie Forbes to regional director of exchange-traded funds, overseeing Europe, the Middle East and Africa.

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