Goldman Sachs has appointed Greg Wilson as head of retirement for asset and wealth management, moving from workplace financial planning business Goldman Sachs Ayco.
Wilson has been with the firm for almost thirty years, including 20 in asset management before his current role, and previously led the third party wealth platform solutions group, responsible for marketing the firm's sub-advisory, hedge fund of funds, insurance solutions and defined contribution investment-only products for the US and Canada.
In his new role he will set and drive strategy across retirement distribution, defined-contribution, and Goldman Sachs Ayco’s Workplace Advisory Solutions.
Meanwhile, Northern Trust Asset Management has hired a new co-head of its Wealth Client Group.
Suzanne Casey joins the $1 trillion AUM firm from Hilton Capital Management, having previously held leadership roles at Vanguard, J.P. Morgan Asset Management, Merrill Lynch, and Goldman Sachs, in a career spanning 30 years in the industry so far.
She will co-lead the Wealth Client Group with Sunitha C. Thomas, with both reporting to NTAM president Daniel Gamba.
“With Northern Trust’s deep expertise serving wealth management clients and Suzanne’s proven track record of sales excellence, I am confident we will meet and exceed the expectations and investment needs of our clients in the intermediary wealth management industry,” Gamba said. “Under the capable leadership of Suzanne and Sunitha, NTAM’s new Wealth Client Group is well positioned to further strengthen our relationships and drive continued growth within the wealth management, family offices and intermediary wealth markets.”
Elsewhere, Wells Fargo Advisors adds a $400 million Morgan Stanley veteran in Naples as an ex-Cetera advisor goes independent with LPL
According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.
A $1B fund allegedly skimmed 30% off the top, then swapped cash for locked-up stock.
Insiders allegedly rewrote projections three times in four days.
TCI Wealth Advisors also has also tapped JIFFYAI to unify onboarding and servicing, while TradePMR adds ICE market data to its Fusion advisor platform
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