Constancy says Mike Durbin has handed the baton as head of Constancy Institutional to Vadim Zlotnikov as a part of different adjustments on the fund large. As of mid-November, Durbin has been in a senior advisor position on the agency however continues to work with wealth administration and institutional purchasers, in accordance with the agency.
“We’re aligning Constancy’s clearing and custody gross sales, relationship administration, service and operations groups with our brokerage operations and expertise crew,” Constancy stated in an announcement Tuesday.
Durbin led Constancy Institutional for the previous 5 years. He joined Constancy in 2009, after almost 19 years at Morgan Stanley.
Zlotnikov was president of Constancy Asset Administration Options for the previous two years and 9 months, after approaching board Constancy in mid-2018. Earlier, he was with AllianceBernstein for over a decade.
“To strengthen our dedication to wealth administration and institutional purchasers of all sizes, we realigned the Constancy Institutional enterprise to convey devoted focus to our purchasers’ evolving and rising wants in two key areas: institutional funding administration options, and advisor companies and expertise,” the agency defined.