Money moves

Senior portfolio manager Ashok Bhatia, CFA, has been added to the Wells Fargo Advantage Multi-Sector Income Fund. Bhatia is based in Menomonee Falls and replaces senior portfolio manager Michael Bray, who is on medical leave. He is co-lead of WellsCap’s Customized Fixed-Income team and a 20-year veteran of the investment industry, most recently at Balyasny Asset Management L.P., and earlier at Stark Investments.

Brookfield-based Inlanta Mortgage Inc. has promoted Gary Grocholski to Third-Party Origination manager. He will expand the company’s third-party origination business and oversee the execution of new partnership agreements. Grocholski has 17 years of mortgage industry experience, most recently as branch liaison and account executive for Inlanta.

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