The new hires join eight of Barclays’ offices in the U.S. from firms including Bank of America Merrill Lynch, Credit Suisse, J.P. Morgan Private Bank, Morgan Stanley Wealth Management, SunTrust Investment Services and UBS Financial Services. Barclays has 13 offices in the U.S. providing wealth management services to high net worth individuals and families through its Barclays Wealth Trustees business and its Wealth and Investment Management division.
“The addition of these investment representatives to eight offices signals our continued focus on expanding our regional presence in the U.S.,” Mitch Cox, head of wealth management, Americas at Barclays, said in a statement. “These hires underscore our commitment to attracting top-performing professionals who seek Barclays unique, in-depth approach, of guiding clients to customized solutions that extend far beyond their investment portfolio.”
Joining Barclays in New York are Tom Dexter, who joins as a director from Bank of America Merrill Lynch; Brett Fleckman, director, from J.P. Morgan Private Bank; and Mark O’Shea, assistant vice president, from Morgan Stanley Wealth Management. In addition, Barclays previously announced that Edward Moldaver has joined as a managing director from Morgan Stanley Wealth Management. All four hires report to Mark Stevenson, managing director and regional manager in New York.
Dexter focuses on working with corporate executives, foundations, high net worth individuals and partnerships. He had been with Merrill Lynch since 2008, and also previously served at Lehman Brothers, Morgan Stanley Wealth Management and Friedman, Billings, Ramsey & Co.
Fleckman works with high net worth individuals, and had been with J.P. Morgan since 2010. Prior to that, he served as New York branch manager at Thomas Weisel Partners’ private client business and as financial advisor at Alliance Bernstein.
O’Shea worked with high net worth individual and family clients at Morgan Stanley, and also previously worked on the New York Stock Exchange trading floor.
Moldaver served at Morgan Stanley for more than four years and founded the financial planning team Moldaver 80 Group. Before that, he was a senior managing director at Bear Stearns’ Private Wealth Client Services Group.
Barclays has tapped J.P. Morgan Private Bank for four new hires in Boston. They are: Patrick Delahunty, who comes on as a director; Timothy King, director; Tim Humphrey, assistant vice president; and Brian Kelly, assistant vice president. They report to Marty Courage, managing director and Boston regional manager at Barclays.
Delahunty joined J.P. Morgan in 2008, where he served as a senior private banker, and also served at Alliance Bernstein before that. He focuses on clients including business owners, high net worth individuals, families, endowments and institutions.
King most recently served as an investment team leader at J.P. Morgan Private Bank, focusing on business owners, corporate executives, high net worth individuals, families and public and private institutions. Before that, he worked for 10 years at J.P. Morgan Asset Management.
Humphrey had been with J.P. Morgan Private Bank since 2008 as an investment associate, where he worked with high net worth individuals and families.
Kelly also served as an investment associate working with high net worth individuals and families at J.P. Morgan Private Bank since he joined the firm in 2007.
In Dallas, Barclays has hired three from Credit Suisse’s Private Banking division. They include Noble Nash, who joins as a director; Mike Whorton, director; and Chris Boley, vice president. They report to Steve Head, managing director and regional manager for Texas.
Nash comes to Barclays after serving at Credit Suisse since 2000, where he worked with high net worth family and institutional clients. Prior to that, he served for about two years at Donaldson, Lufkin and Jenrette Securities, which was acquired by Credit Suisse.
Whorton also joined Credit Suisse in 2000, and served for about seven years before that at Donaldon, Lufkin and Jenrette Securities prior to its acquisition by Credit Suisse.
Boley had been with Credit Suisse since 2005, where he focused on business owner, executive and foundation clients, and also previously worked in J.P. Morgan’s treasury and securities division.
In Miami, Barclays has added three new investment representatives, including Carlos Gallo, who joins as a director from UBS Financial Services; Irl Solomon, director, from Morgan Stanley Wealth Management; and Jeannie Adams-Camblin, vice president, from UBS Financial Services. They report to Marylin Gonzalez, director and regional manager for Miami.
Gallo most recently served as a senior vice president in UBS’ international division, focusing on high net worth investors in Mexico, Peru and Venezuela. Before that, he served at Wachovia Securities and Lehman Brothers.