Sandy Bolton, the previous Merrill Lynch managed investments head, has taken over as head of wealth administration options at Ameriprise after a brief stint at a Philadelphia alts supervisor.
Bolton introduced her transfer to Ameriprise on Tuesday by way of LinkedIn. She’s taking on for Greg Nordmeyer, who changed longtime head of wealth administration merchandise and options Sue Wilson-Perez in early 2019.
The place has broad duty on the $1.2tn firm, together with oversight of a spread of merchandise and the agency’s funding analysis arm. A job posting for the position went on-line in mid-April and expired every week later.
Bolton (pictured above) beforehand spent six years at Merrill overseeing the wirehouse’s mutual fund, ETF, SMA and mannequin portfolio platforms earlier than leaving in mid-2021. She was changed by Stephen Patrickakos just a few months later.
She resurfaced just a few months later at FS Investments, a $25bn alternate options supervisor that employed her as chief integration officer; she labored there full-time for about 5 months and on a contract foundation for about three months after that.
Bolton additionally has held roles at BNY Mellon subsidiary Pershing, TD Ameritrade, Goldman Sachs and Morgan Stanley.
