Barclays Wealth, the wealth management division of Barclays, has appointed appointment John Cregan as a director and Palm Beach regional manager.

In this new role, Cregan will manage all aspects of the Palm Beach office. He will report to Steve Houston, who, as head of wealth management, oversees the firm’s regional managers and investment representative network in the Americas.

Cregan will join Barclays Wealth from Hotchkiss Associates, a wealth management firm in Chicago, where he served as CEO and Portfolio Manager since 2001.

Prior to that, Cregan spent 24 years working in senior bond market roles, including head of fixed income sales for the Midwest at Chase Securities, now JP Morgan Chase; National Sales Manager at Barclays Capital in New York; and head of the Chicago office for Morgan Stanley’s fixed income division.

Barclays Wealth Americas head Mitch Cox said that the Florida region as a whole is a key market for Barclays growing business, and John is the right leader for the Palm Beach office.