Wachovia hires chief investment officer
Wachovia Securities LLC of St. Louis has named Tom McManus as its new chief investment officer.
Wachovia Securities LLC of St. Louis has named Tom McManus as its new chief investment officer.
He will also serve as director of Wachovia’s advisory services group, which sets the firm’s overall investment policy.
Previously, Mr. McManus was a managing director and the chief investment strategist at Banc of America Securities LLC of New York. He will relocate to St. Louis.
Wachovia has been looking for a chief investment officer since Michael Jones, who held the post until April, left to set up Riverfront Investment Group LLC in Richmond, Va.
Joining him at Riverfront were Rod Smyth, Wachovia’s former chief investment strategist, and Doug Sandler, its former chief equity strategist.
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