Raymond James Nabs Ex-Wirehouse Manager
The firm picks up a complex manager in Seattle who used to work for Merrill Lynch, Morgan Stanley and RBC.
Small Business Group Health Insurance: The Sequel
As the labor market improves, many small business owners want to adjust existing policies to remain competitive—especially in light of Obamacare. Here’s how to help those clients.
$2.2B Morgan Stanley Group Leaves to Form RIA
The Wichita, Kansas, firm will serve about 900 families in Kansas and work with Pershing Advisor Solutions.
Recruiting Roundup: Wells Fargo, United Capital & SFA Add Teams
Meanwhile, Autonomous Research says Alexey (Lex) Sokolin has joined the group as head of fintech strategy.
Cetera Recruiting Exec, Jay Vinson, Has Departed Firm
Jay Vinson is no longer with Cetera Advisors, which means he is free to move to rivals like the Advisor Group, a recruiter says.
SEC Names ten Siethoff to Investment Management Rulemaking Office
SEC has named Sarah ten Siethoff as deputy associate director in the Division of Investment Management’s Rulemaking Office.
Morningstar Names Kapoor as CEO, and DOL Fiduciary Rule Is on His Mind
Morningstar’s board of directors appointed Kunal Kapoor, the current president of the Chicago-based research firm, as its new CEO.
Number of Active CFP Professionals Reaches All-Time High
Since 2007, the number of CFP professionals has grown more than 34%.
MainStay Taps ETF Veteran Bossen to Lead Institutional Intermediary Business
Bossen, formerly of State Street and Morgan Stanley, will focus on investment strategy, research analysts
Raymond James Wraps Up Purchase of Alex. Brown
The 193 wealth advisors at the boutique firm are now on the parent firm's platform, according to the head of the new unit.