Firm continues to attract top talent as business grows in key markets
ATLANTA, April 10, 2014 /CNW/ - Atlantic Trust, the U.S. private wealth management division of CIBC (NYSE: CM) (TSX: CM), announced today that it continues to expand in New York, Houston and Atlanta, hiring three new relationship managers who collectively bring almost 40 years of portfolio and wealth management experience to the firm.
Kishore Setty, CFA, Daniel C. Carter and Giovanni "Gio" Boccia joined the firm's New York, Houston and Atlanta offices, respectively, earlier this month. Setty has joined as a senior vice president and relationship manager, and Carter has joined as a senior vice president and senior relationship manager. In these roles, Setty and Carter provide comprehensive portfolio and wealth management solutions for high-net-worth individuals, families, foundations and endowments. Boccia is a vice president and associate relationship manager, responsible for assisting the senior team with the development and execution of portfolio management, asset allocation, financial planning, and estate planning strategies.
"The additions of Kishore, Dan and Gio position Atlantic Trust to continue providing exceptional client service as our client base grows in New York, Houston and Atlanta," says Jack Markwalter, chairman and CEO of Atlantic Trust. "These key hires are part of our ongoing, firm-wide initiative to attract talented professionals to our team, especially in regions where there is a concentration of wealth."
"We are pleased that these experienced, reputable wealth advisors have chosen Atlantic Trust as the right home to continue serving their clients and building their careers," said Eric Propper, president of Atlantic Trust.
Kishore Setty brings more than 13 years of industry experience. Prior to joining Atlantic Trust, Setty was a portfolio manager at US Trust, where he was responsible for managing over $600 million in client assets. Previously, Setty was with Old Mutual Asset Management and Prudential, where he focused on portfolio construction of multi-manager portfolios for institutional and retail clientele. Setty earned a Bachelor of Arts in economics from Tufts University. He holds the Chartered Financial Analyst designation and is a member of the CFA institute.
Daniel Carter brings more than 15 years of industry experience. Prior to joining Atlantic Trust, Carter worked at RNS Capital LP, where he assisted with the development and management of the firm, focusing on capital development and investor relations. Prior to RNS, Carter has worked at Donaldson, Lufkin and Jenrette; Morgan Stanley and UBS. He earned a Bachelor of Arts in government and a Master of Business Administration from the University of Texas. While at UT, Carter was a Texas Cowboy and was selected as the Distinguished Naval Graduate. He also served on active duty with the U.S. Marine Corps and was awarded the Navy Achievement and Humanitarian Medals.
Giovanni Boccia brings nine years of industry experience. Prior to joining Atlantic Trust, Boccia served as a vice president and investment portfolio manager with the Private Wealth Management Group at SunTrust Bank. In that role, Boccia was also a member of the portfolio construction group, where he helped construct and monitor strategy portfolios. Boccia earned a Bachelor of Science in commerce from DePaul University and a Masters of Business Administration from Georgia State University with a concentration in finance. He has also completed the DePaul University Financial Planning Certificate Program and is working towards obtaining the CERTIFIED FINANCIAL PLANNER™ designation.
They bring the total number of new hires this year to 12, including Charles "Charlie" F. Fowler, who joined the Newport Beach office on February 10 as a vice president and relationship manager.
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 $24.0 billion in assets under management (as of December 31, 2013). 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 Wealth Management provides relationship-based advisory services and an extensive suite of leading investment solutions to meet the needs of personal, institutional and high-net-worth clients through an extensive distribution network, that includes CIBC Private Wealth Management, CIBC Wood Gundy and CIBC Investor's Edge. Our asset management, retail brokerage and private wealth management businesses combine to create an integrated offer, delivered through nearly 1,500 advisors across Canada. In addition, CIBC Asset Management provides global money manager services to institutional and high-net-worth clients and industry-leading retail investment solutions through our two mutual fund families—CIBC and Renaissance—and the CIBC family of managed portfolio solutions.
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.