Mitchell T. Grant, back in Charlotte after a seven-year absence, is relishing the prospect of a milder winter. "I'm going to leave my snowblower in Boston," said Mr. Grant, who resigned from Putnam Investments last week to head a new unit at NationsSecurities.

Mr. Grant, 47, is also looking forward to his new challenge as an executive vice president and director of affiliated institutions for NationsSecurities, a subsidiary of NationsBank Corp. His assignment will be to syndicate investment products to other banks.

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