Residents Financial institution introduced Monday the profitable recruitment of a specialist ultra-high-net-worth advisor staff in Boston led by Brian Nagle.
Nagle involves Residents Financial institution from JPMorgan, the place he’s been working as a managing director since July 2023. Beforehand, he was a managing director at First Republic Personal Wealth Administration, the place his apply was based mostly for practically a decade and grew to handle $1 billion in belongings. (JPMorgan acquired most of First Republic Financial institution after it failed in 2023.)
In response to Residents Financial institution’s announcement, Nagle and his staff focus on design and administration of fairness and balanced portfolios for ultra-high-net-worth shoppers, trusts, endowments and foundations. The announcement additionally factors out that Nagle has been named by Forbes as a Greatest-in-State Wealth Advisor since 2020.
“We’re excited so as to add one other nationally acknowledged wealth staff to our rising Residents Personal Wealth portfolio, serving Boston’s ultra-high-net-worth shoppers,” stated Tom Metzger, senior vp of personal wealth administration. “Brian and his staff have a confirmed repute for delivering first-class service to assist shoppers defend and develop their wealth.”