Evercore Wealth Management LLC opened an office in Palm Beach, Fla., expanding its business into the area.

The Evercore Inc. subsidiary also named Aldo Palles managing director and portfolio manager and Ross Saia managing director and wealth and fiduciary adviser.

Previously, Palles was a managing director and senior portfolio manager at U.S. Trust and Saia was a senior vice president and senior trust officer at U.S. Trust.