Deutsche Asset & Wealth Management is strenghting its team in Americas and USA with several appointments announced last week. The company has hired J.J. Wilczewski as Co-Head of the Global Client Group, Americas. Wilczewski, a Managing Director, will focus on serving institutional investors, overseeing client coverage and distribution in the Americas region. He will work alongside fellow Co-Head Bob Kendall, who is responsible for DeAWM’s Americas retail business. Wilczewski and Kendall report to Dario Schiraldi, Head of the Global Client Group, with a regional reporting line to Jerry Miller, Head of DeAWM Americas.
Wilczewski brings 18 years of industry experience, most recently as Head of Advisory Solutions at AON Hewitt and Head of Business Development at Wilshire Associates. Wilczewski takes over from Joe Sarbinowski, Head of the Global Client Group’s Investment Specialist team for Liquidity Management, who has been responsible for institutional coverage in the Americas on an interim basis.
The company has hired also Thomas Clarke as Head of Lending & Deposit Products, Americas effective September. In this role, Clarke will lead DeAWM’s Lending & Deposit Product business across the Americas region, with overall responsibility for strategy, product development and client service. He will manage a team of specialists who work with bankers and clients to structure bespoke solutions to suit clients’ liquidity and funding needs. Clarke, a Managing Director, will be based in New York. He will report to Balaji Prasanna, Global Head of Lending, Deposit Products and Wealth Planning Solutions, and regionally to Jerry Miller, Head of DeAWM Americas. Clarke will join from JPMorgan, where he was U.S. Head of Capital Advisory in the Private Bank, responsible for the U.S. wealth management lending business. Before that he was U.S. Head of Banking Products at JPMorgan Securities.
In USA market, the company announced that there will be a new office in Dallas to serve high net worth clients. Also, Deutsche Asset & Wealth Management has added two Private Bankers in Los Angeles: Matthew Coombe and Patrick Menerey have joined the Firm. Based in Los Angeles, Coombe and Menerey will report directly to Michael Davis, a Managing Director and the Head of the U.S. Private Bank for the West Coast region.
With more than 10 years of industry experience, Coombe joined the Firm as a Director and Private Banker. He was most recently a Senior Vice President for Comerica Bank’s Wealth Management Division, where he covered ultra-high-net worth families in Los Angeles. Coombe earned a B.A. in Economics from the University of Southern California, and is a CFA charterholder.Menerey joins the Firm as a Vice President and Private Banker. Previously, he was a Vice President and Private Banker in Comerica Bank’s Wealth Management Division in their Orange County office. Menerey began his career at City National Bank in Los Angeles as an underwriter and Private Banker. He earned a B.A. in Economics from the University of Michigan.Coombe and Menerey are two of DeAWM’s latest hires in their push to expand their local presence on the West Coast. In February of this year, the Firm hired Brandt Daniel as a Managing Director and Private Banker. Daniel also joined from Comerica Bank’s Wealth Management Division, where he managed the Orange County and San Diego Private Banking teams.
In the investment team, Deutsche Asset & Wealth Management has hired Deepak Khanna as Head of U.S. Large Cap Value Equities, effective July 16, 2014. Khanna will be responsible for managing investment strategies focused on U.S. large cap value stocks. His appointment further strengthens DeAWM’s equity investment team in the Americas. Among other hires, in April 2013 the firm added a U.S. Head of Small and Mid Cap Value Equities team led by Richard Glass. Khanna, a Managing Director, will be based in New York and will report to Owen Fitzpatrick, Head of US Equity. He joins from Lord, Abbett & Co., where he was a portfolio manager of large cap value and multi cap value strategies.
With $1.29 trillion of assets under management (as of March 31, 2014), Deutsche Asset & Wealth Management is one of the world’s leading investment organizations. Deutsche Asset & Wealth Management offers individuals and institutions traditional and alternative investments across all major asset classes. It also provides tailored wealth management solutions and private banking services to high-net-worth individuals and family offices.