People on the move

New York Life Insurance Co. of New York has promoted Sue Ericksen, 52, to chief information officer, from chief technology officer and senior vice president

New York Life Insurance Co. of New York has promoted Sue Ericksen, 52, to chief information officer, from chief technology officer and senior vice president.

As leader of the corporate information department, she is responsible for setting the strategic technology direction of the company.

Previously, Ms. Ericksen oversaw the enterprise architecture and engineering division in the corporate information department.

Washington Trust Wealth Management of Westerly, R.I., has hired two key senior executives for its Weston Financial division in Wellesley, Mass.

Jake W. Filoon III, 50, is president and chief operating officer, and is responsible for overseeing the company’s business activities, including sales, client services and operations.

Previously, he was the Providence, R.I.-based director of investments for retirement and philanthropic services within Bank of America Merrill Lynch and U.S. Trust for Bank of America Corp. of Charlotte, N.C.

James P. Scanlan, 50, is director and planning officer, and is responsible for business development and financial planning for the firm. Previously, he was a partner at The Patriot Financial Group LLC of Southborough, Mass.

Sterne Agee of Birmingham, Ala., has added eight managing directors and analysts to its equity research department.

Michael Dudas, 47, is a New York-based managing director covering the engineering and construction, coal, metals and mining sectors. Previously, he was managing director of equity research for Jefferies & Co. Inc. of New York.

Stephen Gengaro, 43, is a New York-based managing director covering the oil services sector. Previously, he was a managing director for Jefferies, where he covered oil services.

Todd Hagerman, 46, is a New York-based managing director covering regional and multinational banks. Previously, he was head of financial services research at Collins Stewart of London.

Alex Kurtz, 36, is a San Francisco-based managing director covering the data storage and networking industries. Previously, he was a managing director for Merriman Capital Inc. of San Francisco, where he covered emerging data center technologies.

Richard J. Prati, 44, is a New York-based senior managing director, overseeing the firm’s research, sales and client relationships. Previously, he was chief executive and co-founder of American Technology Research of Greenwich, Conn.

Greg Smith, 39, who is based in Woodland Hills, Calif., is the managing director of financial technology, covering financial companies. Previously, he was a managing director and senior research analyst in Woodland Hills for Duncan-Williams of Memphis, Tenn.

Jason Weaver, 31, who is based in Nashville, Tenn., has been promoted to research analyst, from vice president for equity research. He is responsible for covering specialty lenders and real estate investment trusts.

Shaw Wu, 39, who is based in San Francisco, has been promoted to senior technology analyst, from senior vice president and senior research analyst. He is responsible for covering PCs, mobile devices, enterprise hardware and the IT supply chain.

Direxion Funds of Boston has hired John Cadigan, 50, as managing director and national sales manager.

He is responsible for developing and leading the firm’s internal and external alternative-strategy sales initiatives, as well as overseeing national accounts.

Previously, Mr. Cadigan was a managing director and alternative portfolio specialist, and national sales manager in Boston for Rydex Investments-Security Global Investors of New York.

AllSquare Wealth Management LLC of Albany, N.Y., has hired Audra Higgins, 42, as a financial adviser.

She is responsible for advising clients on life insurance and long-term-care coverage.

Previously, Ms. Higgins was operations manager for William Tell Financial Services Inc. of Albany.