Firm continues to strengthen client service team with addition of new
ATLANTA, June 17, 2014 /CNW/ - Atlantic Trust, the U.S. private wealth management division of CIBC (NYSE: CM) (TSX:
CM), announced today the addition of David M. Butts, Michael D. Zeier
and Trevor J. Hancock to the firm.
"The addition of David, Michael and Trevor to the team reflects Atlantic
Trust's ongoing commitment to provide an outstanding level of service
to our clients," says Jack Markwalter, Atlantic Trust chairman and
CEO. "To have professionals of this caliber join our firm is indicative
of our continued ability to attract top talent, while supporting the
needs and goals of our clients."
"We are pleased to expand our presence in these important markets," says
Atlantic Trust President Eric Propper, CFA. "Our firm's growth aligns
with our commitment to enhance our client experience and supports our
holistic approach to their overall financial picture."
Butts and Zeier both joined Atlantic Trust on May 13.
Butts, a managing director and senior relationship manager, brings to
Atlantic Trust almost 20 years of experience advising families and
endowments on broad wealth creation, preservation and investment
decisions. Prior to joining the firm, he was a senior vice president
and relationship manager at Brown Brothers Harriman (BBH), as well as
chairman of the BBH Trust Company's trust and investment committee.
Butts also has experience working with owners and executives of closely
held businesses on broad financial topics, including business
continuity, generation and succession planning and the transition from
single-asset concentrations to disciplined portfolios as a member of
LaSalle Bank's Wealth Management group.
Butts earned his Bachelor of Business Administration degree in finance
from Radford University and a Master of Science in taxation from DePaul
University. He is a member of the Delta Mu Delta Honor Society, is a
Certified Financial Planner professional and holds the Chartered Life
Underwriter® designation. An active member of the Chicago community, Butts is a
supporter of various parish commitments and organizations supporting
women and the educational opportunities of Chicago's youth.
Zeier, vice president and relationship manager, is responsible for
providing wealth management solutions to high-net-worth clients,
including investment management, financial planning and estate planning
services. He comes to the firm from Brown Brothers Harriman's Wealth
Management group, where he served in a similar position. Zeier received
his Bachelor of Science degree in finance from the University of
Illinois before going on to earn his Master of Business Administration
degree with distinction from DePaul University. He is a member of the
Beta Gamma Sigma Honor Society and currently serves on a council board
at Lurie Children's Hospital of Chicago.
Hancock joined Atlantic Trust on April 14 as a vice president and
relationship manager, bringing more than eight years of industry
experience to the firm. He is a former portfolio and market strategist
at Wealth & Tax Advisory Services (WTAS), where he focused on the
analysis, construction and implementation of investment portfolios for
high-net-worth individuals, families, trusts and foundations.
A graduate of James Madison University, where he earned dual Bachelor of
Business Administration degrees in finance and economics, Hancock also
holds the Chartered Financial Analyst designation and is a member of
the Chartered Financial Analyst Society of Colorado.
Atlantic Trust has hired 20+ professionals year-to-date, including 11 at
the vice president level or above; seven are client relationship
managers in New York, Chicago, Atlanta, Denver and Houston. The firm
plans to hire more than 30 professionals in 2014.
About Atlantic Trust
Atlantic Trust is one of the nation's leading private wealth management
firms, offering integrated wealth management for high-net-worth
individuals, families, foundations and endowments. The firm considers
clients' financial, trust, estate planning and philanthropic needs in
developing customized asset allocation and investment management
strategies. Experienced professionals deliver a broad range of
solutions, including proprietary investment offerings and a robust open
architecture platform of traditional and alternative managers. Atlantic
Trust operates in 12 full-service locations throughout the U.S. with
$24.4 billion in assets under management (as of April 30, 2014). For
more information, visit www.atlantictrust.com.
CIBC is a leading Canadian-based global financial institution. Through
our Retail and Business Banking, Wealth Management and Wholesale
Banking businesses, CIBC provides a full range of financial products to
individual, small business, commercial, corporate and institutional
clients in Canada and around the world. CIBC owns a 41-percent equity
interest in American Century Investments®, a major U.S. asset
management company, serving financial intermediaries, institutions and
individuals, and acquired Atlantic Trust, a premier U.S. private wealth
management firm, in January 2014. You can find other news releases and
information about CIBC in our Media Centre on our corporate website at www.cibc.com.
SOURCE: Atlantic Trust Private Wealth Management
For further information:
Media inquiries: Caroline Van Hasselt, Director, CIBC External Communications and Media Relations, (416) 784-6699, firstname.lastname@example.org or Carolyn Donnelly, Atlantic Trust Director of Marketing, (404) 881-3417, email@example.com.