Industry

Wells Fargo Advisors Financial Network has added four practices. With these advisors its independent brokerage arm, FiNet, has over 1,100 owners and advisors in more than 540 practices, with over $55.5 billion in assets under management.

Ascent Private Capital Management names two managing directors in Seattle area.

Value Line Funds has combined the Value Line U.S. Government Money Market Fund (VLCXX) into the Reich & Tang Daily Income Fund - U.S . Government Portfolio, effective October 19.

Two investment teams from Merrill Lyncch have joined RBC's Leadwood, Kan., office.

The firm hopes that Karein Heintz can help grow its presence in the twin cities.

Picked up in a renewed focus on recruiting, Mark Teed joins Raymond James in Massachusetts.

A three-decade industry vet, David Upin, joins as senior vice president in Minneapolis.

Terri Labrecque has been named head of marketing for BNY Mellon’s Asset Servicing business, Money Management Executive has learned.

Paul Cummings will serve as regional managing director for the Northeast Region, overseeing asset management and other services in New York and Philadelphia.

At Raymond James, costs from the Morgan Keegan integration caused profits to decline in the fourth quarter.