Industry

Ask recruiter Michael Castine about the state of mutual fund hiring now, and he brings up the Brad Pitt movie "Moneyball."

On June 25, 2012, Hennessy Advisors, Inc. today revealed that the Board of Trustees of The FBR Funds trust has approved the proposed deal between the two fund firms.

On June 25, 2012, Delaware Investments is beefing up its distribution with the addition of Bryce Bulman, who joined the firm as regional director supporting Chicago, a newly created territory.

On June 25, 2012, Sentinel Investments has made two key appointments to its senior sales team as well as the hiring of a new wholesaler.

With the promotion, Mary Mack will step from her current role as executive vice president and head of wealth brokerage services at the firm.

For bank reps looking to advance their careers, there’s no better news than a promotion or a job offer that’s too good to refuse. Here’s a sampling of bank reps who were recently promoted or moved to new organizations to assume roles of greater responsibility.

National Planning Corp. has named Randy Miller as its new first vice president and director of practice management.

kasina is beefing up its sales and marketing unit by promoting Mariel Donnelly to the newly created position of Business Development Specialist.

Deutsche Bank has concluded its exclusive negotiations with Guggenheim Partners over a potential sale of RREEF, its global alternative asset management business.

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