Advisers on the move: Oct. 1

Advisers on the move: Oct. 1
SEP 30, 2012
Securities America Inc. of La Vista, Neb., has hired William J. Lavender, 52, as regional director of financial institutions. Based in Oklahoma City, he will seek business venture partnerships with banks and credit unions, and assess existing Securities America programs to determine how well they fit with company strategies, goals and compliance procedures. Previously, Mr. Lavender was vice president of investment sales at InterWest Properties Inc. of Portland, Ore. Saturna Capital Corp. of Bellingham, Wash., has hired four analysts to expand its global investment management and research capabilities. Tyler Howard, 29, is a junior analyst, assisting in covering a selection of groups within the industrial sector. Previously, he was a research associate and consultant at Carmel (Calif.) Capital Management LLC. Scott Klimo, 51, is director of research, overseeing Saturna's overall global research operations and leading the firm's expansion, with an emphasis on foreign markets. Previously, he was a senior analyst and research director at Security Global Investors LLC of San Francisco. Based in Kuala Lumpur, Malaysia, Neoh Boon Sing, 30, is an equity analyst, specializing in plantation, consumer and commercial real estate sectors. Previously, he was an investment executive at Sitt Tatt Co. Sdn. Bhd. of Kuala Lumpur. Also based in Kuala Lumpur, Christina Yap, 26, is an investment analyst, focusing on the Association of Southeast Asian Nations. Previously, she was an investment analyst at Eight Investment Partners Pty. Ltd. of Sydney. JHS Capital Advisors LLC of Tampa, Fla., has hired David P. Meglay, 62, as vice president of investments. Along with acting as a financial adviser, he is responsible for assisting business owners with managing risk, succession planning, retirement planning, wealth transfer, estate strategies and other critical areas of practice. Previously, Mr. Meglay was an adviser at Woodbury (Minn.) Financial Services Inc. Salient Partners LP of Houston has hired Ajay Mehra, 47, as a managing director and head of equities. Based in New York, he will oversee client portfolios and equity-related products, and also serve as a member of Salient's senior investment team. Previously, Mr. Mehra was a managing director and head of manager and fund research at UBS Wealth Management Americas of New York.

Latest News

How AI search aided scam from phony NFL player, fake financial advisor
How AI search aided scam from phony NFL player, fake financial advisor

Daejon Love and Taylor Chan's $1.3 million romance fraud scheme exposes how AI search engines can be manipulated by fabricated online identities

Schwab ordered to pay clients $1.34 million in crypto dispute involving elderly client
Schwab ordered to pay clients $1.34 million in crypto dispute involving elderly client

“It was a third party scam,” said the attorney representing the claimants.

RIA moves: Mercer adds to Atlanta presence with veteran advisor from Northern Trust
RIA moves: Mercer adds to Atlanta presence with veteran advisor from Northern Trust

Meanwhile, &Partners draws another Commonwealth practice, and Wealthcare welcomes a $550 million planning practice in the Northeast.

CogniCor adds wealthtech veterans to board in renewed RIA push
CogniCor adds wealthtech veterans to board in renewed RIA push

Palo Alto AI platform recruits RIA and fintech leaders as industry data show AI adoption reshaping advisor staffing.

Advisor moves: Merrill draws $1.2 billion UBS team in New Mexico
Advisor moves: Merrill draws $1.2 billion UBS team in New Mexico

Meanwhile, Raymond James, Wedbush, and LPL recruited veteran advisors from across Texas, North Carolina, and California.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income