MaxMyInterest, a cloud-based service that helps individual investors and their advisors earn dramatically more on their cash in the bank while maximizing their federal deposit-insurance coverage, announced that Michael Halloran has been appointed as Head of Partnerships and Business Development, based in San Francisco.
Mr. Halloran has responsibility for building relationships with Registered Investment Advisors (RIAs), family offices, private banks, and other advisors to high net worth individuals. He will also help manage the firm’s relationships with other institutions and partners.
Previously, Mr. Halloran spent more than eight years at Morgan Stanley, where he led a team focused on partnerships for its Global Wealth Management division, including the launch of new banking products and other solutions for Morgan Stanley’s Private Wealth Management unit. Most recently, he was based at Morgan Stanley’s Sand Hill Road office, where he supported the firm’s engagement with startups and venture capital firms.
Earlier, Mr. Halloran was a Managing Director at Scient where he led digital strategy projects. He began his career at Gemini Consulting, where he worked on the launch of the U.K.’s first online bank. A graduate of Brown University, he holds an MBA from London Business School.
“Michael’s experience in online banking, technology, and wealth management, as well as his deep relationships across all facets of wealth management, make him a perfect fit for our team,” said Gary E. Zimmerman, Founder and CEO. “We look forward to having him help advance a series of partnerships and initiatives, especially focused on serving the advisor community.”
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