Industry

The expansion-focused $6 billion wealth manager has added Santa Barbara-based Pacific Pointe to its roster, making it the fifth firm in Beacon Pointe’s growing stable, and the fourth in California.

Senior executives with leadership experience and strong sales skills in high demand as current advisors look to retire.

Morgan Stanley Chief Executive Officer James Gorman said there’s almost no chance of another financial crisis like the one that endangered his firm five years ago.

Larry Roth, former president and chief executive officer of Advisor Group, one of the country’s largest networks of independent broker-dealers, is joining Realty Capital Securities, a major broker-dealer and wholesaler of real estate investment trusts, as chief executive officer.

Investcorp's U.S.-based Hedge Fund business announced that Elena Ranguelova has come on board as Head of Credit and Equity Strategies.

Raymond James picked up a $500 Million team from Morgan Stanley and a Jefferies advisor with $100 million in assets.

Alex Kramer joined the Private Client Reserve to lead a team of 10 advisors as managing director.

The firm promoted two executives to newly created regional posts based in Naples and Miami.

Amid growing industry debate over compensation disclosure, the FPA has changed the compensation disclosure options on its website.

Bank of America’s Merrill Lynch has capped off the summer with a round of hires from Morgan Stanley and Wells Fargo.