Federal Street Advisors announced a series of promotions that expands its leadership team and enhances the advice and service the firm offers to its roster of ultra-high net worth clients.
Kristin Fafard has been appointed president and chief investment officer. She had been director of research.
Jennifer Christian Murtie, who had been director of client services, was named chief operating officer.
Emily Bannister was elevated to director of research, Fafard’s former role.
Firm founder John LaPann has delegated day-to-day management of the firm to Fafard and Murtie, both firm veterans, but remains chairman and will be actively involved in all firm-wide decisions. He also remains on the firm’s investment committee. -Business Wire