An eight-member team managing $1.5 billion at Truist Investment Services in Palm Beach, Florida, and Bethesda, Maryland, has joined Rockefeller Capital Management, a New York-based firm managing $85 billion.
The leaders of the firm, Peter Clarke, Drew Karr and Neva Hagopian, had been affiliated with Truist and predecessor BB&T since 2013, and earlier were affiliated with Scott & Stringfellow.
They are joined in the move by Jack Traxler, Jack Mutchnik, Serena Burns, Caryn Minns and Natalie Smyth.
Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.
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