Deutsche Bank Wealth Management today announced it has hired Angel Chen and Donald Taylor as managing directors and relationship managers in Los Angeles, strengthening its offering to ultra-high-net-worth individuals in the North America region.
"We are thrilled to welcome Angel and Donald to Deutsche Bank Wealth Management as they bring extensive industry experience that will help us serve our growing number of ultra-high-net-worth clients on the West Coast," said Patrick Campion, head of Deutsche Bank Wealth Management Americas. "We continue to hire top industry talent as we grow our presence in key markets in the Americas."
Chen joins from City National Bank's Private Client Services where she was a senior vice president and team leader, managing client relationships with complex trust, investment and lending needs. She has nearly 20 years of executive-level management experience and previously held roles at Bank of the West, Wells Fargo, Union Bank of California and Bank of America. She earned a bachelor's degree in economics from the University of California at Irvine and an MBA from the University of Phoenix. She holds Series 7, 63 and 65 licenses and a California insurance license, and is bilingual in English and Mandarin.
Taylor, who has over 20 years of industry experience, joins from City National Bank's Private Client Services where he was a Senior Vice President advising high-net-worth families, nonprofits, foundations and professional services firms. Prior to City National Bank, he was a financial advisor at Merrill Lynch.
He earned a bachelor's degree in political science with minors in economics and philosophy from Loyola Marymount University and a master's degree in finance from Columbia University. He is an Alfred P. Sloan fellow and holds Series 7 and 66 licenses as well as a California insurance license.
Both Chen and Taylor are reporting to Michael Rogers, who joined this month from Merrill Lynch Private Banking and Investment Group as the West Coast Head of Deutsche Bank Wealth Management Americas.
Deutsche Bank Wealth Management seeks to deliver a premium wealth management experience while leveraging the vast resources of Deutsche Bank for high-net-worth and ultra-high-net worth individuals, families and select institutions.
With client assets of approximately €300bn (as of 31 March ), Deutsche Bank's Wealth Management business is one of the largest wealth managers worldwide. It offers clients a range of traditional and alternative investment solutions, as well as advice on all aspects of wealth management.