Evercore Wealth Management in New York has recruited a team of portfolio and asset managers from a division of Wells Fargo Bank to staff its new Midwest regional headquarters in Minneapolis.

The company, a three-year-old division of Evercore Partners Inc. that caters to high-net worth individuals, families and related institutional clients, said Tuesday that it has hired of six new partners to run the new office, five of whom were most recently employed by Lowry Hill, an asset-management firm based in Minneapolis and owned by Wells Fargo. The team will report directly to Jeff Maurer, Evercore's Wealth Management's chief executive officer.

“The expansion of Evercore Wealth Management in the Midwest is a significant step in our development as a leading national firm,” Maurer said in a news release.

The office will be co-managed by Martha Pomerantz and Julie Krieger, both longtime Lowry Hill executives. Pomerantz was most recently a co-chair of Lowry Hill's investment committee while Krieger was the firm's chief financial officer. Joining them from Lowry Hill are wealth advisers Stacie Price and Pam Lundell and portfolio manager Michael Suppelt.

The sixth member of the team is Jason Anderson, who will be in charge of information technology. He was previously the chief technology officer at an investment advisory firm.

Evercore Wealth Management oversees $2.9 billion of client assets. Its other offices are in New York and San Francisco.