Lorie Konish

Roy Seay and Carolyn Edwards each worked at UBS for 11 years and together had $850,000 in annual production.

The brokerage adds Rob Pietroburgo from Wells Fargo to its Springfield, Ill., branch as part of its advisor and branch expansion strategy.

Hendel is set to start in New York in June as managing director and head of global prime brokerage.

The fine, related to the sale of municipal securities, will require the firm to ensure it is complying with Municipal Securities Rulemaking Board rules.

Gabriela Parcella was named CEO of Mellon Capital and Bart Grenier was named chairman and CEO of Boston Company Asset Management

A study of Principal Financial Group retirement plan participants shows that those using an online tool save at an average rate of 39% more than other plan members.

UBS Wealth Management hired Alexander S. Friedman as chief investment officer, while also filling out his team with former White House staff staffer Mona Sutphen and alternative investment manager Mark Haefele.

Pahnke and his team, the Pahnke Wealth Management Group, join from Robert W. Baird.

UBS has hired Louise F. Gunderson as a new managing director of investments for its midtown New York office.

In the past year, TD Ameritrade’s mobile trading has increased by 125%.

Advisor-owned firm HighTower has expanded its advisor force with the addition of four Merrill Lynch veterans in Portland, Maine.

State Street Global Markets released its latest numbers for its investor confidence index, which dipped in Europe, the U.S. and Asia.

James Shorris is set to return to the private sector in April after more than seven years in enforcement leadership roles at the organization.

Baird has added one advisor to its Charlotte, N.C., office, and three to its Charleston, S.C., office. All four come from Morgan Stanley Smith Barney.

Hughes, formerly a business development partner at private equity firm Camden Partners, was named to the newly created position of managing director of endowments and foundations.

A former broker for RBC Capital Markets is set to pay $1.7 million to RBC Capital Markets and his request for $37.8 million in compensatory damages has been denied.

A Financial Industry Regulatory Authority Panel ordered Citigroup to pay $6.4 million to a group of investors including investment banking executive D. Theodore Berghorst for municipal arbitrage trust fund losses.

Two teams from D.A. Davidson have joined Raymond James to open an independent branch office in Spokane Valley, Wash.

Barclays Wealth has added Daniel Esslinger to its team as managing director and head of Latin American relationship management and distribution, boosting the firm’s decision last year to focus on that region.

UBS’ Wealth Management Americas division posted improvements in the fourth quarter, with revenue up 3% to $1.4 million and a pre-tax loss of $34.4 million.