Marshall & Ilsley Corp. is stepping up its marketing to affluent individuals and corporate clients for trust administration in Arizona.
The Milwaukee-based banking company this week announced that it hired Peter Monzures as a vice president of Marshall & Ilsley Trust Co. of Arizona, which has $1.9 billion of assets under administration and $600 million under management.
Mr. Monzures joins the Phoenix-based investment management operation from Unisym, U.S. Inc., an insurance and estate planning firm where he worked as a tax and investment strategist. He has also worked for Merrill Lynch Trust Co., Harris Trust, and the former First Interstate Bank of Arizona.
At Marshall & Ilsley, Mr. Monzures will market personal and institutional trust accounts.
"Pete is qualified to handle both areas for us," said Michael K. McCartney, the vice president in charge of trust sales for the region. "He is expanding our sales effort."
Marshall & Ilsley Trust Co. of Arizona has 25 employees reporting to its president George H. Isbell.