ATLANTA, Nov. 13, 2012 /PRNewswire/ -- Atlantic Trust, the private wealth management division of Invesco Ltd. (NYSE: IVZ), announced today that Luke A. Davis has joined the firm's New York office as a vice president and relationship manager.
"Adding Luke Davis to our team underscores our ongoing commitment to hiring the best talent across the firm," said Eric Propper, CFA, Atlantic Trust president and chief operating officer, as well as head of the New York office. " New York is an important market for us, and we are committed to actively building our brand and expanding our presence here. Luke will further enhance our ability to provide clients with excellent service and customized investment solutions."
The addition of Davis marks the firm's 18th client service professional to join Atlantic Trust nationally in the past two years. New York is the firm's second-largest office, home to a total of 30 client service and business development professionals. The New York office had more than $4.0 billion in assets under management (AUM) as of September 30, 2012, increasing AUM by $450 million, or 12.5%, during the past year.Davis brings more than 10 years of industry experience to Atlantic Trust. Prior to joining the firm, he was a vice president and client advisor with Bernstein Global Wealth Management, where he advised high net worth families, foundations and family offices through all aspects of their financial needs. He was also a business analyst on various business strategy initiatives. Davis earned a Bachelor of Science in human and organizational development with a minor in finance, as well as a Master of Education in organizational theory and leadership from Vanderbilt University. About Atlantic Trust Atlantic Trust is one of the nation's leading private wealth management firms, offering integrated wealth management for high net worth individuals, families, foundations and endowments. The firm considers clients' financial, trust, estate planning and philanthropic needs in developing customized asset allocation and investment management solutions. Experienced professionals deliver a broad range of offerings, including proprietary investment offerings and a robust open architecture platform of traditional and alternative managers. Atlantic Trust operates in 11 full-service locations throughout the U.S. With $19.9 billion in assets under management (as of September 30, 2012), Atlantic Trust is the private wealth management division of Invesco Ltd. (NYSE: IVZ). For more information, visit www.atlantictrust.com . About Invesco Ltd. Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com. SOURCE Atlantic Trust