Friday, 20th November 2009

 

US boutique wealth manager bolsters operations with hires

MICG Investment Management, the US boutique wealth manager, has appointed former UBS executive Brad Hunt as head of its operations across Virginia, and named former Baird broker Ray Adams head of its branch in Richmond, according to a report in The Wall Street Journal.

Hunt will also supervise the coaching, training and hiring of advisers and implantation of client-acquisition strategies.

Tags: MICG Investment Management

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Brummel

Relocation, relocation, relocation

Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.

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