Industry

Advisors can calm clients who wanted a Romney victory.

Pioneer Investments is expanding its sales team in the Asia Pacific region with the additions of Martin Park as a sales director in Korea, Hiromi Wada as a Japan representative and Matthew Marks as Sales Director Institutional Asia.

U.S. bank has added two new professionals to its super-wealthy business and hired a former Morgan Stanley Smith Barney officer for its business serving high-net-worth clients.

Morgan Stanley, the Wall Street bank with the biggest trading-revenue increase last quarter, lost money in that business on eight days in the period, down from 31 days a year earlier.

Newfleet Asset Management, an affiliate of Virtus Investment Partners, has named David Albrycht as president and chief investment officer.

American Century Investments has appointed Patrick Bannigan to the position of executive vice president and chief operating officer, effective earlier this week on Nov. 5.

After a $1.9 million loss in the fourth quarter, Southwest Securities' retail group reeled in a $319,000 profit for the first quarter of its fiscal year.

Peng Chen, current chief executive officer of Dimensional Fund Advisors’ Asia (ex-Japan) subsidiaries and Chairman of Dimensional SmartNest (Dimensional Retirement), is adding another title to his resume.

Industry veteran Nicolas Seigal joins RBC’s international wealth unit as branch manager in Miami.

Jeffrey Carney may be looking for new digs and a new gig.