Hilltop Securities, a full-service investment bank and registered investment adviser, has promoted Peter Cappos to managing director and head of the West Coast region for the firm’s wealth management division, and Alan Lennick to managing director and head of the Midwest region. Cappos and Lennick will lead wealth management’s West Coast and Midwest recruiting efforts.
“As Hilltop Securities continues to add talented professionals and execute on our plans for growth in the West Coast, Gulf Coast, and Midwest, we’re fortunate to have leaders like Peter and Alan to oversee these efforts,” said Hilltop Securities’ head of wealth management, John Muschalek. “Peter is a long-time California resident with deep roots in the region’s financial services industry, and Alan is a native of the Twin Cities whose close ties and extensive relationships in the area will support our expansion.”
Cappos has more than two decades of wealth management experience, most recently as Hilltop’s branch manager in Beverly Hills, California, where he also has served as a financial advisor and business development specialist.
He was director of sales and director of wealth management services for California-based M.L. Stern, which he joined in 1994 and which was acquired by Hilltop in 2009. Cappos earned a bachelor’s degree in finance and financial management services from California State University – Northridge.
Lennick joined HilltopSecurities in 2016 as Pacific Coast regional director in Beverly Hills after more than five years with Ameriprise Financial where he served as complex director in Los Angeles.
Prior to that, he managed Ameriprise branches in the Minneapolis-St. Paul area and was a partner in a $2 million practice through the firm’s independent channel. Lennick began his career in the industry with American Express Financial Advisors in New York City. He earned a bachelor’s degree from the University of Southern California.
“HilltopSecurities’ Midwest office in the Twin Cities serves as the firm’s third key hub alongside Los Angeles and Dallas, representing not only wealth management, but all of our business divisions,” Lennick said.
Hilltop Securities is headquartered in Dallas, Texas, with offices across the United States. Areas of focus include public finance; municipal and taxable fixed income underwriting, sales, and trading; retail brokerage services; securities clearing; structured finance; and securities lending. Hilltop is a wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH), and its affiliates include Hilltop Securities Independent Network Inc., PlainsCapital Bank, and PrimeLending.