DWS Investments Focuses on B/D Division

DWS Investments – Americas, the U.S. retail unit of Deutsche Bank’s Asset Management division, announced the appointment of Jones in a press release. Jones will be responsible for directing a team of six client relationship management officers and expanding the DWS distribution platform and will report to Mark Perrelli, director and national sales manager in the broker/dealer division.

“The Broker-Dealer Division is a key area of growth and focus for us,’ said Philipp Hensler, CEO and chairman of DWS Investments Distributors Inc. “We are delighted to welcome Tom as we strengthen our presence here in the U.S. and continue to provide broker/dealers with the quality services they need and have come to expect from us.’

Jones brings more than 16 years of investment experience to DWS Investments, most recently as a managing director and senior relationship manager at Putnam Investments in Boston. Prior to joining Putnam Investments, he was a vice president of business development for Citizens Bank Private Bank and Trust.

DWS Scudder recently rebranded to DWS Investments, representing a complete alignment of Deutsche Asset Management’s U.S. and worldwide retail asset management organization (see DWS Scudder Rebrands as DWS Investments).