Evercore Wealth Management has appointed Thomas Mahowald as its new managing director and portfolio manager, based in Minneapolis.

Mahowald will report to Evercore Wealth Management partner and portfolio manager Martha Pomerantz.

Mahowald, who has over two decades of investment experience in research and portfolio management, most recently served as a portfolio manager at U.S. Trust, Bank of America Private Wealth Management.

Earlier, he also held the position of CIO at Great Northern Capital and served as the director of equity research at FAF Advisors and American Express Financial Advisors.

Evercore Wealth Management CEO Jeff Maurer said: "We are pleased to welcome Tom to our growing Midwest practice. His experience in portfolio management for families and for foundations and endowments further strengthens our investment management capabilities in the region."