Trusts & Estates is pleased to announce two additions to the Investments committee:
Patricia M. Stewart, the New York-based managing director of JPMorgan Private Bank, will chair the group. And Ajay Badlani, a director at Citigroup Private Bank and head of the US Analytical Lab, will be a member.
Stewart heads the Advice Lab Client Advisory Group at the JPMorgan Private Bank and is a member of the bank's Investment Strategy Team. Stewart is responsible for advising clients on complex asset allocation strategies, ownership structures prior to business sales, managing concentrated stock positions, spending policies, and maximizing wealth from executive compensation. She also is responsible for the analytics and modeling tools used for clients. Stewart sits on the Asset and Wealth Management Capital Market Assumptions Committee, the Private Bank Portfolio Construction Committee and the Private Bank Investment Governance Committee.
Badlani is responsible for quantitative analysis for the US Analytical Lab at Citigroup. Before joining the private bank in September 2003, Badlani was responsible for pricing and risk management at Diversified Investment Advisors, where he was involved in risk mitigation of multi-asset class portfolios. He directed asset allocations for pension and 401(k) participants. Badlani is a chartered financial analyst (CFA) and a member of the Association for Investment Management research.