Industry

Hundreds of delinquent medium-sized RIAs must register with their respective states by today’s SEC deadline or face the prospect of being de-registered as early as Sept. 1.

New York-based American Independence Financial Services, LLC announced it will become principal portfolio manager for its Large Cap Value strategy, including the American Independence Stock Fund.

PIMCO is ramping up its alternative investment team with a trio of new hires from big-name hedge funds.

On June 27, 2012, Federated Investors, Inc. has agreed to buy some $903 million in assets, including about $571 million in money market fund assets from Trustmark Investment Advisors, Inc., Trustmark National Bank and Performance Funds Trust.

Advisors with less than $100 million in assets are less insulated from market turbulence and face difficult hurdles. Check out some tips from Fidelity to help trigger growth.

It's been more than a year since Richard Davies joined Russell Investments as Managing Director- Defined Contribution.

On June 26, 2012, The Aquila Group of Funds has hired Peter Warren as Regional Sales Manager covering the Northeast.

On June 26, 2012, Putnam Investments today unveiled a trio of new hires in the defined contribution investment-only and DC advisor-sold channels.

Raymond James’ latest additions include Bill Carmel, Todd Carmel, Donn Carmel and Mario Quintero Jr., a former Morgan Stanley Smith Barney financial advisor team based in Westlake, Ohio.

Nine out of 10 independent registered investment advisors say their roster of clients has increased or remained steady in the past 12 months and that has them looking to add staff in the year ahead to sustain that growth.