Evercore Wealth Management has appointed Barclays banker Douglas Dewey as its new managing director and financial advisor.

In the new role, Dewey will be based in New York City and report to Evercore Wealth Management partner Jay Springer.

Dewey worked for four years as the CEO of Murphy Healthcare before joining Evercore.

He joined Barclays in 2011, and was responsible for advising private and institutional clients on financial planning and asset allocation at the bank’s New York division.

Prior to that, he worked in a similar role for eight years at Bernstein Global Wealth Management.

Evercore Wealth Management CEO Jeff Maurer said: "Doug is a welcome addition to our New York office. His experience in both wealth management and healthcare further strengthens our team as we continue to grow across the United States."

Evercore Wealth Management, a subsidiary of Evercore, offers customised investment management, financial planning, and trust and custody services to high net worth individuals, families, and related institutions.

It operates in New York, Minneapolis, San Francisco, Los Angeles, and Tampa. As of 31 March 2016, the firm managed $6.3bn in client assets.