Firm continues to attract top talent with addition of Josh Miller and Mark Kane, reflecting its strong growth momentum.
BOSTON, Dec. 17, 2014 /CNW/ - Atlantic Trust, the U.S. private wealth management division of CIBC (NYSE: CM) (TSX: CM), today announced that Josh Miller and Mark Kane have joined the firm's Boston office as managing director and senior wealth strategist, and senior vice president and business development officer, respectively. Miller and Kane joined on December 15.
"Josh and Mark bring a total of 15 years of valuable experience to our already strong core team of private wealth specialists in Boston, a key market for us," said Jack Markwalter, chairman and CEO for Atlantic Trust. "With these two additions, we have now made 38 new hires in 2014. We could not be making these investments in top talent without the steady growth we've had in recent years and without a deep understanding of our clients' needs."
"Boston is the firm's largest office with more than $6.4 billion in assets and home to 43 relationship, portfolio management, client service and business development professionals*," noted Thomas Riley, CFA, managing director and head of Atlantic Trust's Boston office. "Josh and Mark bring depth and expertise to our already strong Wealth Strategies and Business Development teams in Boston. Their addition further strengthens our commitment to highly responsive experiences for our clients and to our holistic approach in meeting our clients' trust, estate and philanthropic goals."
Miller brings more than 11 years of industry experience, which includes counseling high-net-worth individuals, corporate executives, closely held business owners and multinationals on sophisticated estate plan designs and strategies. He works directly with clients and their advisors to develop and implement charitable, estate and wealth transfer and management planning as part of Atlantic Trust's integrated wealth management process. Prior to joining the firm, Josh was a senior relationship manager and wealth strategist for BNY Mellon Wealth Management, where he worked with business owners and high-net-worth individuals throughout the country advising those individuals and their families on investment management and various areas of wealth planning. Previously, he practiced at the law firm of Choate, Hall & Stewart. Josh received his Juris Doctor degree from Suffolk University Law School and graduated cum laude with a Bachelor of Arts from State University of New York at Oswego. He also holds the CERTIFIED FINANCIAL PLANNER™ certification. He serves on several boards including the Boston Estate Planning Council, the Arts & Business Council of Boston, and the Rozalia Project for a Clean Ocean.
In his role, Kane will work to foster new relationships with high-net-worth clients and to strengthen associations with key intermediaries in the northeast region. Previously, Mark was a Vice President at Bernstein Global Wealth Management where he provided asset allocation and wealth planning advice to high net worth individuals and families along with their trusts, estates, foundations, and endowments. Prior to Bernstein, Mark was a senior executive with the Xerox Corporation in New England. His role included human resource, strategic, and profit and loss responsibility across the largest business unit in New England. Mark earned a Bachelor of Science in marketing from Providence College and a Master of Business Administration from Babson College. Mark is on the Board of the Shelter Harbor Conservation Society and the Partnership for Philanthropic Planning.
*Data as of November 30, 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 $25.9 billion in assets under management (as of October 31, 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, External Communications and Media Relations, CIBC (416) 784-6699, firstname.lastname@example.org, or Carolyn Donnelly, Director of Marketing, Atlantic Trust, (404) 881-3417, email@example.com.