TD Bank, the Canadian lender that is expanding in the Philadelphia area from the branches it bought when it took over the former Commerce Bank, has built a "wealth management" team for its office in wealthy Moorestown from veterans formerly with rival banks. They'll report to Sherry A. Varrelman, SVP and Regional Wealth Leader, in what Varrelman calls TD's "home" market.
The team will be headed by John Watson, a Rutgers and American College grad who spent the last 12 years in Wells Fargo's Princeton private-banking office. Vice Presidents James Beam, Adam Bracy, Jack Hall and Nick Rounds, all moved to TD from PNC's Moorestown office. Completing the TD team is estate settlement manager Angela Barone, a TD veteran.