DWS Hires Broker-Dealer Head

DWS Investments Americas, the U.S. retail unit of Deutsche Bank AG's asset management division, has hired Thomas A. Jones as a director and head of national accounts management for its broker-dealer division in New York.

He will manage six client relationship management officers and look to expand the DWS distribution platform. He reports to Mark Perrelli, a director and national sales manager in the New York broker-dealer division.

Mr. Jones was a managing director and senior relationship manager at Putnam Investments in Boston. Before that he was a vice president of business development for Citizens Bank Private Bank and Trust.

DWS Investments announced the hiring Monday. As of Sept. 30 itwas managing more than $115 billion of retail and retirement assets in more than 135 mutual funds and variable insurance portfolios.

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Wealth management
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