Donald Jay Korn

Cantor Fitzgerald has hired five investment professionals to expand its presence in emerging markets in Latin American, with a particular emphasis on Brazil.

Wunderlich Securities has added six wealth management professionals, including five from Morgan Keegan. In the past six weeks, 15 people have moved from Memphis-based Morgan Keegan to Memphis-based Wunderlich.

Marc Cox, a reporter/anchor in St. Louis, will leave the station in May to become a financial advisor with Edward Jones there. Cox said he hopes to be licensed, trained and “ready to go” by late August.

Oppenheimer & Co. and Oppenheimer Asset Management have announced the hiring of John Stoltzfus as a managing director and chief market strategist.

The company said that the new hires bring the firm’s public finance team to 16, up from 12 individuals at the end of last year.

Wunderlich Securities has announced the hiring of four more professionals from Morgan Keegan: three in its Equity Capital Markets division and one in the Private Client Group.

Gordon Morse worked Smith Barney and Bear Stearns, managing and developing branch offices, before working at Raymond James.

Wunderlich Securities has added six Equity Capital Markets professionals from Morgan Keegan. Of the new hires, four are located in Wunderlich’s Memphis headquarters while the other two are in the Institutional Sales Department in New York City.

Janney Montgomery Scott has just opened an office in Sarasota, Florida, its first on that state’s West Coast.

According to Cerulli Associates, wirehouses have been focusing on high-net-worth investors for quite some time—but not very successfully. In the last three years, wirehouses’ share of the HNW market has dropped by 11%.

J.P. Morgan Securities, the advisor-based financial advisory business of JPMorgan Chase, has opened an office in Philadelphia.

Charles Hart, who had been an independent advisor since 1982, has joined Ameriprise’s employee broker-dealer division. Hart, who managed $114 million in client assets, is now based Ameriprise's Plano, Texas, office.

A team led by veteran financial advisor John Lynch has moved from Wells Fargo Advisors to Raymond James Financial Services, the independent broker-dealer arm of Raymond James Financial.

Davidson Fixed Income Management (DFIM) has acquired SeaCap Investment Advisors, a fixed-income portfolio manager for institutional and individual clients. DFIM is part of Davidson Companies, the financial services holding company that is the parent of D.A. Davidson & Co., a broker-dealer.

In the wake of The Hartford’s recent decision to place its individual annuity business “into a runoff,” Edward Jones this week has stopped offering the firm’s annuities and has suspended sales of new life insurance policies and retirement plans pending the eventual resolution of the uncertainty surrounding these businesses.

Financial advisors John Waszolek and his son Eric Waszolek have joined Raymond James & Associates from Morgan Stanley Smith Barney, where they managed $200 million in client assets and had more than $800,000 in annual production.

Oppenheimer & Co. has hired three experienced senior professionals to expand the capabilities of its Institutional Equity Derivatives Group’s options desk.

Paul Harvey has joined Stifel Nicolaus Weisel's European investment banking team as a managing director in the firm's London office, heading up its European technology practice.

Chicago-based brokerage and investment advisory firm David A. Noyes has hired an executive away from Fifth Third Bank to join the ranks of its wealth advisors as a vice president.

Cantor Fitzgerald has named two managing directors of sales for its Prime Services Group. Both John Fiore and Marc Young will be responsible for business development and origination for hedge fund clients. In a joint statement, the two newcomers expressed their hope to be part of a growth story at Cantor Prime Services because “the mid-market hedge fund space continues to be underserved by investment firms.”