Head of Credit Risk Portfolio Management

Who's moving where in wealth management? - Citi Wealth, LPL, Raymond James. Editorial Staff September 29, 2026 The latest senior wealth management moves, appointments and personnel changes in the North American sector. Citi Wealth Anne McCosker, head of lending at Citi Wealth, is taking up leadership of the Citi Wealth Deposits team, putting lending and deposit product areas under a single leadership structure. McCosker joined Citigroup in 2025. LPL Financial LPL Financial has announced that financial advisors Jon Burnett, Dan Fowler and Chad Carlile have joined its broker-dealer, RIA and custodial platforms. Together, the advisors reported serving approximately $430 million in advisory, brokerage and retirement plan assets. They have joined LPL from Raymond James. Based throughout the Texas Panhandle and West Texas, Burnett Financial Services, Fowler Investment Services and Carlile Investment Services serve a client base that includes farmers, ranchers, oil and gas professionals, business owners and multigenerational families. Based in Amarillo, Texas, Burnett Financial Services is led by financial advisor Jon Burnett. Supporting the practice is Ryan Houk who has worked with Burnett and his clients for approximately 15 years. Fowler Investment Services, which is based in Pampa, Texas, is led by financial advisor Dan Fowler, who has worked in financial services since 2012. Based in Lubbock, Texas, Carlile Investment Services is led by financial advisor Chad Carlile who has more than two decades of industry experience serving clients across West Texas. Supporting the practice is Cyan Batchelor who has worked alongside Carlile and his clients for approximately 20 years. Raymond James Raymond James recently welcomed financial advisors Todd Harris, Connie Gilderhus, Sarah Fuller, Robert Conderman and Joseph Palma to the firm's independent advisor channel. Operating as Harris Wealth Partners in Rochester, New York, the team arrived from Commonwealth Financial Network where it managed about $500 million in client assets. The advisors are joined by executive assistants Melissa Rigdon and Taylor Rynders, and client relations manager Rochelle Bober. Harris brings more than 20 years of financial services industry experience to his role as principal of the team. He holds a bachelor and master's degree in chemistry as well as a master's degree in science education from Syracuse University. Raymond James also recently welcomed financial advisors David Lorbiecki, Dan "Chris" McPhail Jr, David Haas and Willis Gaer to the employee advisor channel. The group operates as Greenwood Wealth Partners of Raymond James in Clive, Iowa. The advisors have arrived from D M Kelly & Company where they managed approximately $1.25 billion in client assets; they are joined by practice business manager Holly Ellsworth.

Raymond James launches public/private model portfolios for HNW clients. Private Wealth Guided Portfolios integrates traditional and alternative investments within risk-based portfolios for advisors serving high-net-worth and ultra-high-net-worth clients. September 29, 2026 Want a quick summary? Raymond James Financial has introduced Private Wealth Guided Portfolios, which integrate traditional and alternative investments within risk-based portfolios for financial advisors serving high-net-worth and ultra-high-net-worth clients, the firm said. The model combines equity and fixed income with a dedicated allocation to alternatives, providing exposure to private markets and hedged strategies alongside public-market investments, according to the firm. "At Raymond James, we're committed to being a destination for private wealth advisors and the clients they serve. Individuals and families with significant wealth require truly personal advice, backed by the right resources, to navigate their financial opportunities and complexities," Raymond James Private Client Group President Tash Elwyn said in a statement. "Private Wealth Guided Portfolios are a meaningful addition to those resources, providing advisors with another way to help clients access alternative investments thoughtfully and in alignment with their goals." The launch adds to a list of investment products aimed at advisors that blend public and private assets. Wellington Management, Vanguard and Blackstone partnered to launch the WVB All Markets Fund and the WVB Blackstone All Privates Fund earlier this year. Capital Group and KKR were among the first asset managers to strike such a partnership, launching two interval funds focused on fixed-income investments. In addition, Morningstar's Morningstar Wealth division worked with Apollo, Franklin Templeton and J.P. Morgan Asset Management to launch a suite of public/private model portfolios. Those are just a handful of examples in the growing trend. Raymond James asset management services group oversees portfolio construction for the models and works with the firm's private markets and alternatives team to conduct due diligence and monitoring, the firm said. "Access to private markets can provide clients with broader diversification and exposure to corners of the market that are not available through public markets alone. Advisors are increasingly incorporating these strategies in their portfolio construction to support clients' long-term objectives," Ken Novak, head of private markets strategy and co-head of the alternatives group, said in a statement. Since launching in 2022, nearly 450 advisors have earned the Raymond James Private Wealth Advisor designation, according to the firm.

Raymond James names Dan Connolly head of technology & services investment banking. Raymond James has hired Dan Connolly as senior managing director and head of technology & services investment banking, strengthening the firm's senior leadership in the sector. The appointment is part of the firm's ongoing investment in the practice and is intended to expand its advisory capabilities across the technology sector. Connolly brings nearly three decades of investment banking experience, including work advising technology companies and financial sponsors, and will be based in Chicago. Connolly joins Raymond James after 27 years at William Blair, where he held several senior leadership positions, including co-head of global M&A, global head of technology M&A and global head of software investment banking. He was also a co-founding member of William Blair's technology investment banking team. During his career, Connolly has completed more than 300 public and private M&A transactions and financings. Lee Equity-Backed Carisk Partners Acquires FirstCare Onsite FirstCare Onsite is a provider of onsite occupational healthcare services. To read the entire story, you must be logged in. Rexel Acquires Audax-Backed GCG for $1.4B GCG provides specialty wire and cable, connectivity, power and engineered services for critical infrastructure applications. To read the entire story, you must be logged in. Gladstone Investment Backs Detroit Defense's Merger with Athenix Solutions Group Athenix capabilities span systems and software development, intelligence and cyber operations, and special mission and force readiness. To read the entire story, you must be logged in. Liberty Mutual Investments, Thayer Street Back SunHaven Management The collaboration follows LMI and Thayer Street's earlier joint investment in Grove Point Marinas. To read the entire story, you must be logged in.