Evercore Wealth Management, a subsidiary of New York-based Evercore Partners, has said that Tim Evnin is joining the firm as a partner and equity portfolio manager.

In his new role, Mr Evnin will lead Evercore Wealth Management’s stock selection process. He has over 20 years experience managing balanced portfolios for high net worth clients, institutional equity accounts and equity mutual funds.

Mr Evnin was previously a managing director at US Trust and, following Bank of America’s acquisition of US Trust, a senior equity portfolio manager with Columbia management.

Jeffrey Maurer, partner and CEO of Evercore Wealth Management, said: “Mr Evnin will deepen our already substantial investment team. He is a skilled investor, experienced in building and managing customized portfolios, and an advocate for individual clients.”