Wells Fargo poaches Schroders’ manager in multi-asset expansion

Wells Fargo has nabbed staff from Schroders and BlackRock to expand its multi-asset portfolios team.

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Dan Morris, formerly head of US portfolio solutions at Schroders, has joined Wells Fargo as global head of portfolio solutions in the multi-asset team, the firm said.

Martijn De Vree and Frank Cooke have also joined the firm, De Vree from Insight Investment and Cooke from Mercer.

Jonathon Hobbs joined the firm from BlackRock in July and works with the team on building retirement income strategies, wealth preservation and downside risk protection.

Nicolaas Marais, president of WFAM and head of multi-asset solutions, said: “The addition of Dan, Martijn, Frank, and Jonathon to our team is a significant step forward as we build out our innovative team.

“These leaders bring a depth of experience to the platform that will play a crucial role in creating unlock moments for clients.

“We are building a team that strives to be a best-in-class problem-solving partner, dedicated to creating solutions that address the complex and changing needs of our clients.”

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