Deutsche Asset & Wealth Management (DeAWM) has named Lee Hutter as new head of wealth management for the western region of the US.

Based in Los Angeles, Hutter will be tasked at managing the private bank and private client services divisions of Deutsche AWM in the Western region.

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He will be reporting to Haig Ariyan alongside Chip Packard, co-heads of wealth management in the Americas.

Prior to joining DeAWM, Hutter worked with JPMorgan Private Bank as a managing director and a private banker for more than eight years.

Before to this, he worked as a principal at SkyBridge Capital, where he was responsible for raising capital from West Coast investors, including HNWIs, foundations and endowments.

Packard said: "We are excited that Lee has joined the Bank, as he will play a critical role in further expanding our West Coast platform and deepening our local relationships."

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Ariyan said: "We are committed to delivering just this on the West Coast where we a see growing demand for an innovative and comprehensive wealth management platform."