Goldman Sachs veteran Gary Hirschberg is the latest executive to leave a high-profile bank and start an independent wealth-management firm.
Bloomberg News reports that Hirschberg, 39, is chief executive officer of Chicago-based Aaron Wealth Advisors, which will operate in partnership with Dynasty Financial Partners, according to a statement Monday. He worked at Goldman Sachs since 2006, where he supervised $1.4 billion in individual and institutional client assets, according to the statement.
In the meantime, Reuters reports that UBS’s head of consumer products and retail investment banking, David Tcholakian, has left the bank to join JPMorgan Chase & Co as a managing director, according to three people familiar with the matter. The people asked not to be named because Tcholakian’s hiring had not yet been announced at JP Morgan.
And Bloomberg reports that Nomura hired investment banker Sean Minnihan to focus on its financial technology advisory business.
Minnihan joined the Tokyo-based company’s U.S. investment banking unit, Nomura Securities International, this month as a managing director based in New York, a representative for the bank said.
Finally, Bloomberg News also reports that Travis Kling quit billionaire Steven Cohen’s Point72 fund in December, at the peak of the cryptocurrency boom, to start his own fund focusing on digital assets. Nine months and an over 70 percent selloff later, he’s sticking to the plan.
The fund will be known as Ikigai and launched on October 1st with partners’ capital.