Hilliard Lyons Inc. in Louisville, Ky., has promoted four financial consultants in its Wilmington and Milford, Del., branches. The four are former PNC Brokerage Corp. executives who joined Hilliard two years ago when the predecessor of PNC Financial Services Group Inc. acquired it.David Crouse was promoted to senior vice president and manager of the Milford office. He was a vice president at PNC Brokerage and before joining PNC was a registered representative at Prudential for four years.He has 12 years of banking experience.

Mr. Crouse reports to Randy Morris, senior vice president and market sales director for eastern Pennsylvania, New Jersey, and Delaware.

Tom Cooney and Thomas Guido were promoted to senior vice president in the Wilmington branch. Mr. Cooney has seven years of banking experience, including posts at PNC Brokerage and Morgan Stanley Dean Witter in Philadelphia. Mr. Guido was a vice president of investment for five years at PNC Brokerage.He has 11 years of banking experience.Carol Timm was promoted to first vice president of the Wilmington branch. She was a vice president for seven years at PNC Brokerage. She has 18 years of sales, management, brokerage and private banking experience, including a stint as manager of Bank of Delaware's Christina Brokerage Services.

Mr. Cooney, Mr. Guido, and Ms. Timm report to Anna Hamilton, senior vice president and Wilmington branch manager.

Hilliard Lyons Inc. is a brokerage unit of the Pittsburgh-based PNC Financial Services.


Wachovia Corp. in Winston-Salem, N.C., has picked vice president Edward W. Allen to be a senior vice president of its Wachovia Operational Services Corp. He had been network services group manager in the information services group since 1998.Mr. Allen had been a vice president of operational services since 1995. He joined the company 24 years ago and has been a data processing operator, shift manager, and computer operations center manager.

He will be based in the company's headquarters.


Putnam Lovell Securities Inc. has hired Keith E. Mitchell to be a managing director in its asset management investment banking group. He is to be based in San Francisco and report to Don Putnam, CEO and managing director of the firm.Mr. Mitchell is to specialize in institutional clients. He was the North American managing director of London-based AIB Asset Management and president and managing director of its San Francisco subsidiary, AIB Govett Inc., for three years. AIB Asset Management is an affiliate of Allied Irish Bank Group. Before that he was chief executive officer and president of Delaware Distributors LP for seven years. He had also been chairman, CEO, and president of the Atlanta-based Enterprise Group of funds, an affiliate of Mutual of New York Group.

Putnam Lovell is a boutique investment bank serving the global financial services industry.

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