Barclays Wealth Hires Stephen Head as Regional Manager for Texas

DALLAS, Sept. 15 /PRNewswire/ -- Barclays Wealth, one of the leading global wealth management firms, is pleased to announce it has hired Stephen Head as Managing Director and Regional Manager for Texas.

Based in Dallas, Mr. Head will be responsible for managing the Dallas and Houston offices, as well as growing the regional business. Mr. Head reports to Steve Houston, who as Head of Wealth Management oversees the firm's Investment Representative network in the Americas.  

Mr. Head brings four decades of experience in financial services to his new role. He joins from Carlson Capital in Dallas, where he was Head of U.S. Client Development for the past year. Previously, Mr. Head served as Dallas Regional Manager, Equities Division, at UBS, where he worked for 15 years in a variety of senior roles including Chicago Regional Manager and West Coast Supervising Manager.  Prior to UBS, Mr. Head served in Equity Sales at First Boston and Smith Barney for more than two decades. He holds a BA in Economics from the University of Texas at Austin.

"We are very happy to have a leader like Steve, who has extensive industry experience and a deep understanding of the Texas region, join our team," said Mitch Cox, Head of Barclays Wealth, Americas, and Head of Global Research and Investments for all of Barclays Wealth. "As part of a significant global investment in our business and platform, we are rapidly growing in the U.S. Steve is the right person to drive the growth in the Texas area."

With 14 offices across the U.S. and Latin America, Barclays Wealth in the Americas provides comprehensive wealth management to high net worth individuals and families. The firm focuses on understanding its clients' financial needs, personal aspirations and tolerance for risk in order to design and implement highly customized investment solutions.

Commenting on his new role at Barclays Wealth, Mr. Head said: "This is a terrific opportunity to join a global wealth manager as it builds in the Americas. I am excited about contributing to the firm's momentum and expanding our business in Texas region."

About Barclays Wealth

Barclays Wealth is a leading global wealth manager, and the U.K.'s largest, with total client assets of $232bn (153.5bn pounds Sterling), as of June 30, 2010. With offices in over 20 countries, Barclays Wealth focuses on private and intermediary clients worldwide, providing international and private banking, investment management, fiduciary services and brokerage.

Barclays Group is a major global financial services provider engaged in retail and commercial banking, credit cards, corporate banking, investment banking, wealth management and investment management services with an extensive international presence in Europe, the Americas, Africa and Asia.

For further information about Barclays Wealth, please visit our website www.barclayswealthamericas.com.

Twitter page: www.twitter.com/barclayswealth

Barclays Wealth is the wealth management division of Barclays Bank PLC, functioning through Barclays Capital Inc. in the United States. Barclays Capital Inc., an affiliate of Barclays Bank PLC, is a U.S. registered broker-dealer and regulated by the Securities & Exchange Commission. Member SIPC.

SOURCE Barclays Wealth