Execs Moving Up in Bank Wealth Management
August 17, 2015 3:11 PM
Execs Moving Up in Bank Wealth Management
What do Associated Bank, Bank of the West, First Midwest Bank and Union Bank have in common? They all recently named someone new to lead one or more of their wealth management units.
The newly appointed wealth management executives are presented here. Margarida Correia
The newly appointed wealth management executives are presented here. Margarida Correia
David Kuipers, Associated Bank
David Kuipers was named president and CEO of Associated Investment Services, the retail brokerage business of Associated Bank. He replaces Bill Curtis, who retired in July.
Prior to his appointment, Kuipers served in progressive leadership roles with Associated, including regional management posts for Associated Investment Services, Associated Trust, and Private Banking, as well as the role of wealth management director of sales administration an most recently private banking business manager. He joined Associated in April 2006.
Prior to his appointment, Kuipers served in progressive leadership roles with Associated, including regional management posts for Associated Investment Services, Associated Trust, and Private Banking, as well as the role of wealth management director of sales administration an most recently private banking business manager. He joined Associated in April 2006.
Steve Prostano, Bank of the West
Steve Prostano, the former CEO of Silver Bridge Advisors, a well-known wealth management firm that was scooped up by a rival in 2013, joined Bank of the West's Wealth Management Group to launch the bank's ultrahigh-net-worth business. He was charged with developing services for ultra-wealthy individuals, families and family offices with more than $25 million in assets. The new service offering is expected to formally launch this fall.
Eric Sanderson, Bank of the West
Eric Sanderson joined Bank of the West as head of Family Office and Strategic Planning Services, a key offering of the bank's soon-to-launch ultrahigh-net-worth business. Sanderson was formerly managing director of wealth strategy at Ascent Private Capital Management, the ultrahigh-net-worth unit of U.S. Bank.
In his new role, Sanderson will focus on delivering advanced planning services to super wealthy clients. He reports to Steve Prostano, who was hired in July to lead the planned ultrahigh-net-worth unit.
In his new role, Sanderson will focus on delivering advanced planning services to super wealthy clients. He reports to Steve Prostano, who was hired in July to lead the planned ultrahigh-net-worth unit.
Paul Hoefert, First Midwest Bank
Paul Hoefert joined First Midwest Bank as head of private banking, overseeing an area that serves the personal needs of high-net-worth clients. Hoefert was previously the chief administrative officer in Northern Trust Company's wealth management division.
Michael Feldman, Union Bank
Michael Feldman, Union Bank's former head of branch banking and private banking, was moved up to leader of the Wealth Markets Group, which includes private wealth management, wealth planning, and trust and estate services as well the bank's brokerage subsidiary, UnionBanc Investment Services, and its asset management unit, HighMark Capital Management.
Feldman took over the group from Dennis Mooradian, who retired in June.
Before joining Union Bank in 2009, Feldman was a managing director of retail banking at Countrywide Bank and president and CEO of Countrywide Investment Services.
Feldman took over the group from Dennis Mooradian, who retired in June.
Before joining Union Bank in 2009, Feldman was a managing director of retail banking at Countrywide Bank and president and CEO of Countrywide Investment Services.
