Gold Bullion International (GBI) has named Bob Alderman as executive vice president and head of wealth management.
Alderman, a 27 year veteran in wealth and asset management, is responsible for business development and global distribution of the firm's precious metals solutions to advisors and clients across all channels of wealth management.
He comes to GBI from the World Gold Council, where he was managing director for the retail business in the US and Europe, responsible for creating and sustaining demand for gold in the wealth management channel.
"I am excited to join a company that is focused on bringing gold solutions to individual investors and making it a part of a well-constructed portfolio," says Alderman. "I look forward to working with our wealth management partners to create better awareness of gold as a foundation asset for advisors and their clients."
Alderman worked at Credit Suisse and Merrill Lynch prior to the World Gold Council. During his 20 years at Merrill Lynch he built and ran distribution for its alternative investments platform and was the national marketing manager for Merrill Lynch Asset Management.
"On the heels of a significant investment and vote of confidence from New York Private Bank & Trust, adding Bob to the team will help us reach more firms and advisors and help GBI transform the way Advisors discuss owning physical gold with their clients," says Steve Feldman, CEO and co-founder of GBI. "His experience with gold and understanding of the wealth management business is a unique combination, and we look forward to his contribution in this vital client segment."