Deutsche Asset & Wealth Management’s Private Client Services has hired a team of three client advisors in Houston to broaden distribution of wealth planning advice and investment solutions to wealthy individuals and families.
All three client advisors joined from Bank of America Merrill Lynch, where they managed over $1 billion in total assets. They are based in the Bank’s Houston office and report to John McCauley, a Managing Director and Houston Regional Executive for Deutsche Bank Wealth Management, Americas.
Michael C. Dawson joined as a Director and Client Advisor. Before Merrill Lynch, Dawson spent over 30 years advising ultra-high-net-worth individuals in the Private Client Group at Goldman Sachs.
Stephan R. Farber joined as a Director and Client Advisor. Prior to Merrill Lynch, he spent five years at UBS as a Vice President in the Private Wealth Management division.
Stephen R. Cordill joined as a Vice President and Client Advisor. Previously, he was President of Sanders Morris Harris Asset & Wealth Management and Managing Director and Head of Asset Management for Oppenheimer & Co.
“Texas is an extremely important region for us, with continued wealth creation as a result of innovation and outstanding ingenuity, particularly in the energy sector,” said Haig Ariyan, Co-Head of Wealth Management for the Americas. “This team is highly regarded and I am delighted to welcome them to the firm.”