Umpqua Bank has appointed Jeff Marshall as its first chief investment strategist, as it expands its wealth management capabilities and team.
The bank says that Marshall’s appointment will enhance its sophisticated suite of wealth management solutions for high net worth individuals and institutional clients.
Kent Grubaugh, Umpqua Bank’s executive vice president and head of wealth management, says: “Umpqua’s strong growth in commercial and corporate banking has opened up significant, new opportunities to serve the complex wealth management needs of high net worth individuals and institutional clients.
“Bringing in someone of Jeff’s calibre to build a sophisticated in-house market and investment research capability is a critical addition to our wealth management strategy. In addition to creating, delivering and overseeing our global investment activities, Jeff will give Umpqua a public voice on market developments and economic trends that matter to our clients and advisors, and shape our tailored investment recommendations.”
Marshall brings more than 20 years of investment management and research experience to Umpqua. Previously, he held positions at Sanford C Bernstein, Windermere Investments and Convergent Wealth Advisors. In senior leadership roles, Marshall has led overall firm investment strategy and recommendations, as well as portfolio implementation solutions. He has also served as the lead investment consultant for clients and as a portfolio manager for a proprietary hedge fund of funds and equity-focused pools.