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Deutsche Asset & Wealth Management Expands Client Advisor Team in Houston

NEW YORK--(BUSINESS WIRE)--Deutsche Asset & Wealth Management’s (DeAWM) 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.

“This team is highly regarded and I am delighted to welcome them to the firm.”

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.”

Deutsche Asset & Wealth Management

With approximately $1.2 trillion of assets under management (as at June 30, 2013), 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.

1 Deutsche Asset & Wealth Management is the brand name for the Asset Management & Wealth Management-division of Deutsche Bank AG and its subsidiaries. The responsible legal entities offering clients products or services of Deutsche Asset & Wealth Management are listed in the respective contracts, sales materials and other product information documents.

Contacts

For Deutsche Asset & Wealth Management
Pholida Barclay
Phone: +1 (212) 250-6853
E-Mail: pholida.barclay@db.com