Industry

Focus Financial has snapped up a big Seattle wealth management firm.

Nancy Grady has joined Northern Trust as Head of Fund Administration and Fund Accounting-Americas, overseeing fund accounting, regulatory administration, financial reporting, tax and other services for registered and unregistered mutual fund products.

Independent Financial Partners, a Tampa, Fla., based registered investment advisory firm, has launched IFP Insurance Group.

Raymond James Financial Services, the company’s independent broker-dealer, announced Monday it has added a mother-daughter team in Bethesda, Md., with $200 million in assets.

Michael Mauboussin, chief investment strategist at the Legg Mason Inc. unit that’s home to Bill Miller, left the firm last week.

Morgan Stanley financial advisor Carrie Gallaway, who ranks at Number 32 on On Wall Street’s list, says using an empathetic approach to clients was especially useful in the run-up to the fiscal cliff negotiations.

There's nothing quite like the feeling of coming out from under a guardian's wing.

It looks like famed movie director George Lucas is finally channeling his inner Jedi Knight Force to wed long-time fiancée Melody Hobson, president of Ariel Investments.

Pax World Management, which touts itself as having launched the industry’s first socially responsible mutual fund in 1971, has hired Judy May as senior vice president of marketing.

Morgan Stanley's Jim Detterick started out by beta testing a career as a financial advisor. Now he applies that acumen to clients’ portfolios.