Margarida Correia

The firm has hired four wealth sales directors in Los Angeles and Newport Beach to drum up business.

The firm scored particularly well in clients’ feelings of their investment advisors, account information and investment performance, according to a J.D Power study.

Elise Fortin, Umpqua Private Bank’s newly appointed leader in Seattle, believes that Umpqua’s “high-touch” offerings will resonate well with business owners and Gen X investors.

Steve Felchle and Jason Ernst, formerly with Wells Fargo, bring the total number of financial advisors at USBI to 532, up from 480 in July 2008.

Steven Wieting, managing director and U.S. economist in Citi Research, will be responsible for formulating investment strategies for the business and its clients around the world.

Only 12% of employers sponsoring 401(k) plans feel that their employees will be financially prepared for retirement, down from 15% a year ago.

Women and men are equally likely to save for retirement and almost as likely to calculate how much they’ll need.

M&T generated $546 million in wealth management income in 2012, nearly three times the $187 million it produced prior to the acquisition of the trust company powerhouse.

The new trust office in Wilmington will provide personal trust services for high-net-worth clients with more than $1 million in investable assets.

Elise Fortin, a former executive of Wells Fargo Private Bank, will be responsible for leading Umpqua Private Bank’s expansion in the Puget Sound region.

Gerald Rixie, the former CFO of Calamos Family Partners, joined the Private Client Reserve as a wealth management consultant.

Madorie O’Hara, a former Citi Private Bank portfolio manager, will manage investment portfolios for Webster’s private banking clients. She will be based in Stamford, Conn.

46% of investors chose the U.S. as the country they believed offered the best potential for asset price growth over the next 12 months. Only 42% chose China.

Former Lazard Wealth Management executive Sharon Klein joined Wilmington Trust to build its growing practice in the New York metro area.

Revenue from insurance commissions generated $26.6 million for the Tupelo, Miss.-based financial holding company, up 15.1% from the same quarter a year ago.

During the week ended April 17, investors steered a paltry $3.66 billion into the funds, making it their most dismal week this year.

The unit added about $3 billion in fee-based assets over the past few years, with sales going up about 74%.

The firm has hired a former partner of William Blair & Co as a relationship manager and wealth planning strategist.

Robert Buzzelli was formerly Allegheny Valley Bank’s chief banking and wealth management officer.

Contango Capital Advisors is shooting for growth in AUM of up to 10 times within five to seven years, while also increasing profitability.