Deutsche Asset & Wealth Management (Deutsche AWM) has added a new private banking team to be based in Miami with a range of appointments.

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The wealth management firm has recruited Oti Roberts as a managing director and senior private banker, Freddy Menjivar as a director and senior investment advisor, and Scott Shuffield as associate banker.

The team led by Roberts will cater to ultra-high-net worth clients in the southeast region of the US.

In his new role, Roberts, who was a managing director and senior private banker for JP Morgan Private Bank, will report directly to Deutsche AWM co-head of wealth management in the Americas Chip Packard.

Prior to Deutsche AWM, Menjivar served JP Morgan Private Bank as an executive director while Shuffield was an analyst for JP Morgan Private Bank in Miami.

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Packard said: "We are excited that Oti, Freddy and Scott have joined Deutsche AWM’s Private Bank, as we believe the team’s collective experience and deep-rooted relationships will immediately add value to our expanding Miami office.

"We are committed to broadening our reach and delivering our unique wealth management platform in the fastest growth market in the US."