Industry

UBS financial advisor Paul Vasady-Kovacs, who places number 26 on the Top 40 list, says that the fixed income emphasis he started out with still informs his work with clients today.

One new aspect about the platform is that it incorporates a unified managed account structure.

As the new Head of Personal Retirement, Jeff Cimini will help grow the firm’s Personal Wealth & Retirement division to meet the changing demands of the industry.

Two former wirehouse advisors have gone independent in Baltimore and Bethesda, Maryland.

CLS Investments has appointment of Brian Clark as a wholesaler, covering Southern California, parts of Nevada, and all of Utah.

Bank of America agreed to pay $62.5 million to resolve investor claims that the bank’s directors mishandled the acquisition of Merrill Lynch & Co., company officials said.

UBS financial advisor Eric Bickler, who ranks number 27 on On Wall Street’s list, has built a successful practice serving current and former corporate executives.

Two former Scott & Stringfellow advisors with $175 million in assets have moved to Hilliard Lyons.

Zero Alpha Group, an alliance of independent advisory firms, is zeroing in on the next generation of members’ prospective leaders. The group has formed the Zero Leadership Institute, hoping for positive results.

Goldman Sachs says it will begin publishing values of the assets held in its money market mutual funds in the United States on a daily basis.