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Financial behemoth names new heads for Citigold Wealth Management and Citi Personal Wealth Management units.

Wells Fargo Advisors promoted John Peluso to president of First Clearing Correspondent Services, a registered broker-dealer and a non-bank affiliate of Wells Fargo & Co.

Linscomb & Williams, which has $2.7 billion in assets under management, hired Abigail C. Gunderson, Ryan L. Patterson and Lauren J. Bain.

Keith Hartstein, president and CEO of John Hancock Funds, will be retiring in September 2012 after 22 years at the firm.

Wells Fargo has named investment banking veteran Joseph Colianni head of banking of Abbot Downing, the company’s newly launched business catering to America’s wealthiest households.

On may 25, 2012, MME learned that Hancock Funds’ CEO is stepping down in September.

On May 24, Loomis, Sayles & Company hired Rowland “Chip” Bankes as its Head of Trading.

On May 24, 2012, Copeland Capital Management hired Erik B. Granade as Head of International Equities.

Wells Fargo Advisors has appointed Atul Kamra to the new role of head of advice devoted to helping grow the firm’s advice services across its wealth, brokerage and retirement divisions.

There’s a familiar face rejoining the sales team at Emerald Asset Management, Inc.

Oppenheimer & Co. said that it has hired two managing directors in its investment banking unit. The newcomers will be based in New York, reporting to Marshall Heinberg, who heads Oppenheimer's investment and corporate banking operations.

Jeffrey C. Boucek has joined Segal Rogerscasey’s Atlanta office as senior vice president, focusing on consulting, client relationship management and new business development.

Lincoln Financial Advisors Corp. has named Bob Stuber managing principal where he’ll be responsible for growing and servicing the firm’s client base in the Houston area.

The Hartford has promoted Brion Johnson to chief investment officer and president of Hartford Investment Management Company

Executive-Summary

Andrew Engel, a portfolio manager at Minneapolis-based Leuthold Weeden Capital Management, passed away on May 9, according to the firm.

Cantor Fitzgerald has hired five investment professionals to expand its presence in emerging markets in Latin American, with a particular emphasis on Brazil.

On May 18, 2012, The Hartford unveils its latest chief investment officer.

On May 17, 2012, Brendan Clark was named president of Clark Capital Management Group, taking over for his father, Harry Clark, who founded the firm and will continue as chairman and chief executive officer.

On May 17, 2012, Jay Rosoff joined registered broker dealer Point Capital Markets, LLC as Managing Director of Distribution for the Thesis Flexible Fund, a multi-start alternative mutual fund.