Wealth management firm continues to attract key talent in major markets
ATLANTA, July 22, 2014 /CNW/ - Atlantic Trust, the U.S. private wealth management division of CIBC (NYSE: CM) (TSX: CM), is pleased to announce the addition of Susan E. Farris, CFA, to the firm's Boston office as managing director and senior relationship manager.
"The addition of Susan to our Boston office underscores Atlantic Trust's ongoing commitment to hiring the very best talent around the country and to providing our clients with superior service and customized investment solutions," says Jack Markwalter, Atlantic Trust chairman and CEO.
"We are pleased to welcome Susan to our Boston team," says Thomas Riley, CFA, managing director and head of Atlantic Trust's Boston office. "Our office manages $6.4 billion in assets and Susan's unique background and deep experience in working with successful families complements our efforts to grow our business, while also providing Susan with an exciting new phase in her career."
As a managing director and senior relationship manager, Farris helps high net worth families achieve their wealth management objectives. She brings more than 18 years of industry experience, including most recently at Windhaven Investment Management, where she was a managing director. She was previously a vice president in the Private Wealth Management division of Goldman Sachs & Co. and was a fixed income strategist with UBS in Zurich and Miami.
Farris graduated magna cum laude from Cornell University with a major in economics and earned an MBA from the Anderson School of Management at the University of California, Los Angeles. She also holds the Chartered Financial Analyst designation, was elected to the board of directors of the Boston Security Analysts Society in 2014 and serves on their Private Wealth Program Committee.
Atlantic Trust has hired more than 20 professionals year-to-date, including 12 at the vice president level or above; 10 are client relationship managers in Boston, New York, Chicago, Atlanta, Denver, Houston and Newport Beach. This year, the firm plans to hire more than 30 professionals.
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 $25.4 billion in assets under management (as of June 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, [email protected] or Carolyn Donnelly, Atlantic Trust Director of Marketing, (404) 881-3417, [email protected].