Moving Up

* The Securities Investor Protection Corp. in Washington has announced that the Senate has confirmed William R. Timken Jr., 64, Thomas W. Grant, 61, and Noe Hinojosa Jr., 41, as directors of the corporation, which maintains a special reserve fund authorized by Congress to help investors at failed brokerage firms.

The SIPC board of directors comprises seven individuals, five of whom are appointed by the president subject to Senate approval, one by the secretary of the Treasury and one by the Federal Reserve Board. No more than three directors may be from the securities industry.

Mr. Timken, who will be the SIPC’s chairman, has been chairman since 1975 of The Timken Co. in Canton, Ohio, a leading international manufacturer of bearings. He has been with the company since 1958.

Mr. Grant has been president and CEO since 1991 of H.G. Wellington & Co. Inc., a New York-based securities firm serving individual and institutional clients that has a total of $600 million under management. Since 1996, he has been president and CEO of Pax World Funds of Portsmouth, N.H. Pax World, which offered America’s first socially conscious mutual fund, manages $1.3 billion in four no-load funds.

Mr. Hinojosa is the vice chairman and part owner of Estrada Hinojosa & Co. Inc., a Dallas-based investment banking firm that specializes in public finance.

* The Senior Academy at New College of Florida in Sarasota has announced that Eric D. Watters, 55, has joined its faculty. Mr. Watters, a Sarasota-based senior investment adviser with Columbia Management Group, a Fleet Boston Financial Corp. subsidiary, teaches a course called “Defensive Investing” part time. He holds a Ph.D. from the University of Kentucky.

* Miller Tabak Roberts Securities LLC in New York has made six hires – two in emerging markets, two in high yield, one in convertibles and one in distressed debt.

Mariano Louge and Juan Cruz both join the emerging-markets department, Mr. Louge as senior vice president, sales and Mr. Cruz as first vice president, research. Mr. Louge, 41, was a director in the emerging-markets institutional fixed-income sales group of ING Baring (U.S.) Securities Inc. in New York. Mr. Cruz, 33, was an analyst in high-yield research at Debt Traders Inc. in New York.

Joining the high-yield-securities sales team are Andrew Hall as senior vice president and James Konte as a vice president. Mr. Hall, 37, was with Fleet Securities in New York. Mr. Konte, 31, was an assistant vice president in sales with Debt Traders. He will be based in Dallas.

Bruce Rae, 45, joins the convertible-bond department as senior vice president, sales. He worked in a similar capacity at Wachovia Securities Inc. in Richmond, Va.

David Applebaum, 37, joins the firm as first vice president in the distressed-bank-debt trading department. He previously worked at Imperial Capital LLC of Beverly Hills, Calif.

* Wall Street Access, a New York-based brokerage firm catering to institutional investors, has appointed Daniel Treacy, 38, a vice resident and head of international trading.

Mr. Treacy was formerly head of international equity, handling trading and foreign correspondence relations, for Charles Schwab Corp.’s Capital Markets unit.

Based in New York, he established relationships to give retail and institutional clients access to 40 markets globally.

* New York Life Insurance Co. has named its chief financial officer, Michael E. Sproule, executive vice president. He will continue as CFO, a position to which he was appointed last year.

Mr. Sproule is responsible for the controller’s office, mergers and acquisitions, financial analysis, risk management, tax and treasury department functions, as well as the office of the chief actuary.

Mr. Sproule, 55, joined New York Life in 1999 as senior vice president with responsibility for the M&A area. Previously, he was executive vice president and chief financial officer of AmerUs Group Co. in Des Moines, Iowa. Earlier, he spent 17 years at MetLife Inc. of New York in a variety of positions in the individual- and group-life, pensions and property-casualty businesses.

* Sagemark Consulting of Irvine Calif., a division of Lincoln Financial Advisors Corp. in Fort Wayne, Ind., has appointed Roger M. DeBonis a financial planner in its Tarrytown, N.Y., office.

Mr. DeBonis, 41, was a financial adviser with Merrill Lynch & Co. Inc. in New York.

He will provide planning services for retirement, estate and business succession, and related investment services.

* RSM McGladrey Inc., a national consulting, accounting and tax firm in Bloomington, Minn., has named Mike Watson, 35, a director in its wealth management group.

Mr. Watson, who is based in northern Indiana, will focus his efforts on expanding the company’s wealth management and investment advisory business.

Mr. Watson joins RSM McGladrey, a unit of H&R Block Inc. of Kansas City, Mo., after serving as a vice president with SYM Financial Corp. in Warsaw, Ind.

* Triad Advisors Inc. of Norcross, Ga., has created an office in Houston that will manage approximately $200 million in client assets under the aegis of The Robare Group.

It will comprise Mark Robare, 51, Jack Jones, 32, and Carol Hearn, 40, all of whom were with the Houston office of Allmerica Financial Corp. of Worcester, Mass.

* Capital Trust Company of Delaware in Wilmington has appointed a total of six new members to two advisory boards.

Joining the adviser advisory board are certified financial planner Jeanne A. Robinson, 40, vice president and co-owner of The Marshall Financial Group Inc. in Doylestown, Pa., and Robert J. Sullivan, 46, and Marshall Serwitz, 55, principals of Sullivan & Serwitz, a multifamily office in Los Altos, Calif.

Joining the legal advisory board are Edward J. Beckwith, 55, of Baker & Hostetler LLP in Washington, Daniel P. McCollom, 44, of Morris James Hitchens & Williams LLP in Wilmington and Robert E. Strauss, 39, of Weinstock Manion Reisman Shore & Neumann in Los Angeles.

Capital Trust also appointed two vice presidents.

Alan R. Halpern, 36, joins the company as vice president, corporation trust and transaction services, and Ivan N Hicks, 27, becomes vice president, trust administration.

Mr. Halpern was a Philadelphia-based relationship manager in institutional trust services with J.P. Morgan Chase & Co. of New York.

Mr. Hicks comes to Capital Trust from Downingtown National Bank in Exton, Pa., where he served as a wealth management trust officer.