Susan Merrill, the former enforcement chief at FINRA, is used to getting financial firms to adhere to securities regulations.

Who better to help a leading arbitration defense firm to expand its broker-dealer practice?

New York City-based Bingham McCutchen announced Monday it hired Merrill as a partner in its broker-dealer group, in New York. She will lead the law firm’s efforts to defend broker-dealer clients on market, enforcement and regulatory issues.

Merrill was not available to comment for this story, but information from Bingham McCutchen’s Web-site indicated she will arm the firm with strategies to guide broker-dealers through arbitration and mediation proceedings, especially as the regulatory environment changes. The firm’s 75 lawyers in its broker-dealer group appear regularly in each of the major arbitration forums, including those called by the industry self-regulatory organizations.  

“Susan joining our practice is another step in enhancing our nationally renowned securities enforcement team,” Neal Sullivan, the head of Bingham’s broker-dealer group and co-head of the firm¹s financial services area.
said. “Her keen insight and depth of knowledge from both the private and public sectors will provide immediate value to our clients.”

Merrill is the latest in a stream of officials from regulatory enforcement agencies to join Bingham’s in the last 16 months. Recent additions include George Aronow, the former enforcement director of the Commodity Futures Trading Commission; Michael Wolk, a former chief counsel of market regulation at the NASD, which is now FINRA; Amy Kroll, a former SEC assistant general counsel; and Peggy Blake, a former lawyer in the Division of Market Regulation at the SEC.

* * *

American International Group [AIG] appointed Henry Miller to its board of directors. He ischairman, managing director and co-founder of its investment banking firm, Miller Buckfire & Co. Both companies are based in New York City.   

Citi Private Bank [C] hired Jill Stiss as a director and private banker in its Miami office. She was a senior vice president in the Miami office of Wells Fargo Private Bank. [WFC]

Denver-based Curian Capital named Peter Eisenrich as vice president and senior market strategist for its asset management group. He was a vice president of strategic equity sales for Wells Fargo Investments, which is a division of Wells Fargo & Co.

Deutsche Bank Alex.Brown, the New York City-based private client services division of Deutsche Bank Securities, hired Fred C.C. Crozier as a managing director and client advisor in its Baltimore office. He rejoined the firm from Morgan Stanley Smith Barney [MS], where he was a managing director and district director for Maryland and Washington, D.C.

Evercore Wealth Management hired Wendy Barasch as a partner and head of business development. She was a managing director in the private client business of Alliance Bernstein, where she hired and developed teams of financial advisors.

NewOak Capital, which is based in New York City, hired Chad J. Burhance as a managing director and head of NewOak Solutions, its division that handles portfolio risk analytics, credit and provides advisory services to institutional investors. He was a managing director of global risk services at State Street Investment Analytics [STT], overseeing risk and analytic services.  

Paul P. Heffernan has joined Putnam Investments, based in Boston, as northeast director of sales for its global institutional management division. He was a director of business development for EIM Management.

Rockefeller Financial, a global wealth management firm based in New York City, named Matthew D. Gelfand as a senior wealth advisor in its Rockefeller Wealth Advisors group. He was a managing director at Potomac Asset Management, based in Bethesda, Md.

Sentinel Investments hired David A. Kania as a vice president and regional retirement director in its Sentinel Financial Services Co. division. He was a vice president at American Beacon Advisers, based in Fort Worth, Texas.

Check out more "People on the Move" or click here for some of our other columns.

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