Deutsche Bank on Wednesday said it named Jerry Miller head of asset & wealth management Americas, effective immediately. He will be based in New York and will report to Michele Faissola, Deutsche Bank’s head of asset & wealth management. Most recently, Miller was a Lightyear Capital senior advisor responsible for the acquisition of financial services companies.
Deutsche Bank announced today that Jerry W. Miller has been appointed Head of Asset &
Wealth Management Americas, effective immediately.
Miller is based in New York and reports to Michele Faissola, Head of Asset & Wealth
Management. He joins the Deutsche Asset & Wealth Management Executive Committee
and will chair the division’s America’s Executive Committee. Miller will also join the Deutsche
Bank North America Executive Committee, led by Jacques Brand, Chief Executive Officer of
Deutsche Bank North America.
Deutsche Asset & Wealth Management now manages a portfolio of nearly $400 billion of
invested assets for clients in North and Latin America and offers individuals and institutions
traditional and alternative investments across all major asset classes. It also provides tailored
wealth management solutions and private banking services to high-net-worth individuals and
Miller has extensive leadership experience in both asset and wealth management. From 2006
to 2010 he worked at Morgan Stanley, first leading the Central Division of the Global Wealth
Management business, then as President and CEO of Van Kampen Investments. Before that
he spent more than two decades at Merrill Lynch, ultimately as a member of the senior
leadership team at Merrill Lynch Investment Managers.
He joins Deutsche Asset & Wealth Management from Lightyear Capital LLC, a private equity
firm, where he was a Senior Advisor responsible for the acquisition of financial services
companies, with a focus on investment management and wealth management firms.
Michele Faissola said: “Jerry is a talented leader and a highly respected figure in the industry.
I am delighted that a professional of his caliber shares our excitement about the opportunity
we have in the Americas and the quality of solutions we offer clients. Under his leadership,
we will continue to expand our Americas business, giving more clients the chance to benefit
from our global asset and wealth management expertise.”