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BOSTON � Choate, Hall & Stewart tapped lawyer and wealth industry veteran Todd Millay as managing director of its wealth management group. The wealth group at the Boston-based Choate manages almost $3 billion in assets for high net worth individuals and families. In his new role, Millay will oversee the investment strategy and operations of Choate Investment Advisors, the firm’s registered investment advisor subsidiary. He will also work with Choate’s wealth management lawyers, tax preparers, and trusts and estates administrators who advise clients on their investment options and strategy. “Todd’s extensive experience in the financial services and wealth management industries, along with his legal background, make him uniquely qualified to lead our Wealth Management Group,” said the firm’s managing partners William Gelnaw and John Nadas. Millay was previously the founding executive director of the Wharton Global Family Alliance, a research center developed by the Wharton School for family business, wealth and philanthropy. He was also a partner in CCC Alliance, a private Boston-based network of more than 90 family offices collaborate on wealth management and other issues.

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