Matt Ackermann

The Kansas City, Mo., based institutional asset manager announced Wednesday it hired Michael Hedstrom as a senior vice president of marketing.

Fieldpoint Private Bank & Trust hired Paul C. Guidone to be its chief investment officer.

Citi OpenWealth now offers trust accounting, reporting and custody services

Kevin Batterton will run business development and portfolio management

According to AdvisorBenchmarking’s Advisor Confidence Index, which gauges advisor views on the U.S. economy and stock market, advisor confidence fell 2.4% in February from the previous month.

The Boston fund company named D. William Kohli, Michael V. Salm and Paul D. Scanlon co-heads of fixed income.

Acquisition is expected to expand Northern Trust’s fund administration business in Ireland and adds exchange-traded fund administration services for European marketplace

The platform, which offers products from Axa, Allianz, Lincoln Financial, Prudential and Sun Life, enables discretionary management of variable annuity assets.

The two marriage partners did not describe this as a ‘merger of equals.’ Deutche Borse shareholders, after all, will have 60% control. But NYSE Euronext chief executive Duncan Niederauer says it’s not a takeover. So what is it?

The New York-based company announced it hired Robert Glaser as part of its effort to expand in the greater Las Vegas region.

“Thawing” market conditions helped the San Diego-based company realize a surge in net new advisors in the fourth quarter and the company is confident it can continue.

The Chicago-based company added three wealth advisors and a wealth strategist with previous experience from Wilmington Trust, U.S. Trust, JP Morgan Private Bank, Brown Brothers Harriman and Ernst & Young Personal Financial Services.

The company has hired a "dean of education" to lead the new initiative.

There were 109 mergers and/or acquisitions last year involving registered investment advisors, according to data released Wedensdsay

First Republic Bank, a San Francisco private banking and wealth management firm, announced Monday it hired Lucas Newman and Michael Tinney as portfolio managers and managing directors for First Republic Private Wealth Management in Portland, Ore.

"We welcome the clarity that the January SEC Staff Report brings to the retail financial advice industry,” said Mark Casady, LPL’s chairman and CEO. “ In particular, we agree with the report's recommendation for a uniform fiduciary standard, as we believe this is right for investors, financial advisors and the industry.”

The Investment Management Consultants Association announced that the cumulative pass rate for its CIMA qualification exam was 63% and the for the CIMA certification exam was 58%.

The Boston-company attracted assets from 146 breakaway brokers last year as average assets per breakaway increased by nearly 50% from 2009.

The Spectrem Affluent Investor Confidence Index rose five points in January.

The company announced it hired Eli M. Salzman to expand its institutional capabilities in U.S. large-cap value