Bernstein Private Wealth Management, a unit of AllianceBernstein LP (NYSE: AB), has hired Cecily Bolding as managing director of its Dallas office to lead growth efforts in a priority market.

Bolding will oversee a team of wealth advisors serving high-net-worth and ultrahigh-net-worth clients. She will report to Adam Sansiveri, regional senior managing director. Her appointment is part of a broader expansion strategy for Bernstein, which also named Gregory Kadet managing director in the Rocky Mountain region.

Rick Meyers, executive managing director and head of Client and Advisory Services, called it a “transformational time for Bernstein.”

“Our firm is committed to both organic and inorganic strategies to grow our business and bolster our advisor team,” Meyers said in a statement, adding that the new managing directors will help clients “navigate the complexities that come with their wealth.”

Sansiveri said both new hires bring a track record of building and leading high-performing advisor teams. “Their expertise and passion will help drive further growth and build upon the white-glove service we provide our clients,” he said.

Bolding brings two decades of experience in wealth management. Before joining Bernstein, she served as managing director for Northern Trust’s Dallas market and worked as a wealth advisor, guiding high-net-worth families on multigenerational wealth strategies.

Earlier in her career, Bolding worked in Dallas’ nonprofit sector, engaging high-net-worth donors and helping establish boards for organizations including Make-A-Wish North Texas and the Dallas Symphony. She began her career as an analyst at Frost Bank.

Headquartered in Nashville, Tennessee, Bernstein is a business unit of AllianceBernstein, one of the world’s largest investment managers. As of June 30, AllianceBernstein managed more than $829 billion in assets and operates in 26 countries and jurisdictions.

Don’t miss what’s next. Subscribe to Dallas Innovates.

Track Dallas-Fort Worth’s business and innovation landscape with our curated news in your inbox Tuesday-Thursday.