Keith Lum was named vice president and institutional sales manager for Gradison, a $2.3 billion investment management subsidiary of KeyCorp, according to a news release. Mr. Lum joined the firm as part of its strategy to expand its presence in the institutional community, according to the release. Forrest Wallace, spokesman for the firm, could not offer further details as of press time. Mr. Lum was the vice president of sales for Fund Evaluation Group until roughly a year ago, when the position was eliminated, said Scott Harsh, president and CEO of the Cincinnati-based consulting firm.
Graham Mellor joined Basis Point Group as a partner, said spokeswoman Julia Tanen. Mr. Mellor will open a New York office for the investment operations performance consultant, he said. It is a new position. Mr. Mellor has been an independent consultant for three years and has held positions in London and Asia, including as managing director and COO for UBS Investment Bank in Tokyo, and that experience should fit with Basis Point Group's plans to "expand on a global basis," he added. In a news release, Bob Fawls, managing partner of the Basis Point Group, said Mr. Mellor will add depth to the firm's "risk management, operations performance, benchmarking and systems integration capabilities," in the United States as well as in Europe and Asia.
Derek Sanderson joined Howland Capital Management as an investment adviser, said a spokeswoman for Howland. The position is new. Mr. Sanderson, formerly a star hockey player, is focusing on wealth management for professional athletes. He was vice president at Boston Private Bank & Trust, following stints with State Street Global Advisors and State Street Research & Management. Jennifer Willis, a spokeswoman for Boston Private Bank & Trust, said it was unclear whether he would be replaced.