Alex. Brown, a division of Raymond James, has appointed a new regional executive for its office in Los Angeles.
Veteran complex sales manager and advisor Gary Cohen will be responsible for supporting and growing the Los Angeles office, which comprises 10 client advisors who manage approximately $12 billion in client assets.
The Los Angeles regional executive position is a new one for Alex. Brown. Until Cohen's appointment, Jon Mallon served as the regional executive responsible for the Alex. Brown offices in both San Francisco and Los Angeles, and will now focus just on San Francisco.
According to John Davis, the coastal region managing director for Alex. Brown, Cohen's "many years of experience in both investment banking and as a high-net-worth wealth management advisor, along with increasingly important responsibilities as a business development officer and complex sales manager, make him a great fit to lead our efforts in the second-largest market in the United States."
