Sunday, December 28, 2014

Wells Fargo boss, PNC team move to TD Bank

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.

Wells Fargo boss, PNC team move to TD Bank

TD Bank. (Photo: Bob McGovern / Philly.com)
TD Bank. (Photo: Bob McGovern / Philly.com)

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. 

Joseph N. DiStefano
About this blog

PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
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