Rothschild Group hired Brinker Capital’s Jennifer Kulp to help expand the company’s asset-management operation in North America.
Kulp, 42, will be head of North America retail distribution and a managing director, starting in the newly created position in September, New York-based Rothschild Asset Management said in a statement Monday. She was a managing director in Brinker’s wealth-advisory sales group, according to the statement.
Rothschild has sought to boost its North America presence and appointed Michael Woods in March as chief executive officer of Rothschild Asset Management, which has $6 billion in assets under management in the U.S. The firm hired Shakil Riaz in April along with his long-time colleague Anthony Marzigliano to help boost hedge fund offerings to clients.
“Jennifer’s addition to the firm will help to further deepen our expertise, broaden our reach across the retail marketplace, and widen distribution channels, which is integral to our growth strategy for North America,” Woods said in the statement.
The U.S. unit serves institutional clients such as endowments and foundations. Rothschild also provides financial-advisory, merchant-banking and wealth-management services and operates in European cities including Paris and London.
Noreen Beaman, the CEO of Brinker, said the company wishes “nothing but good fortune” for Kulp, who had been with the company about 19 years.
“While a replacement has not yet been named, our advisers and clients know that we will continue to focus entirely on meeting their needs,” she said in a statement.