Portfolio

Brown Advisory, a Baltimore-based independent investment management firm, hired Christopher Bartlett as a partner in its Baltimore office.

Almost one in two consumers (47%) say they keep the majority of their assets with banks, up from 44% in 2011. Self-directed firms and full-service brokers, in contrast, had only 28% and 15% of the market, respectively.

The hybrid RIA firm says it chose LPL after a 'Bachelor'-style bakeoff.

When it comes to revenue and expense management, the investment management industry is fragmented and in need of an overhaul, according to a recent survey of EMEA investment managers by Bonaire Software Solutions.

The rapid growth in exchange-traded funds is making the landscape a treacherous one for investors and advisors alike. Enter State Street Global Advisors.

Paladyne Systems has appointed Paul Cucurullo as senior director of sales to lead and develop the Paladyne offering for long-only asset managers and investment advisors.

Marc Jimenez, former regional director for Dimensional Funds, a $240 billion mutual fund family, has joined Cambridge Southern Financial Advisors to run the firm’s new Denver office.

Principal Funds’ president and CEO Nora Everett has been elected to the Investment Company Institute's Board of Governors.

Think operations managers don't get enough respect?

AdvisorShares is currently prepping a global short selling exchange-traded fund dubbed the International Bear ETF, to launch within the next few months.