Industry

Dan Arnold will replace Robert Moore, the former CFO who was named president and chief operating officer of LPL in May.

Wells Fargo Advisors announced it has named Kent Christian, currently head of its financial services group, president of Wells Fargo Advisors Financial Network, the broker-dealer affiliate through which Wells Fargo Advisors supports independent financial advisors.

Patrick J. Cappatt joined the team to help the firm attract new clients, families, endowments and foundations throughout the Pittsburgh region.

Citi has expanded its coverage of the investor servicing consultant community for asset managers with the appointment of Frederick Bailey as head of North America consultant relations.

After more than three decades in the asset management industry, Bob Doll, BlackRock’s chief equity strategist, has decided to retire from the firm.

On June 5, 2012, Bob Doll, BlackRock’s chief equity strategist, decided to retire from the firm.

On June 4, 2012, Citi expanded its coverage of the investor servicing consultant community for asset managers with the appointment of Frederick Bailey as head of North America consultant relations.

Morgan Retirement Plan Services, the retirement plan record keeping business of J.P. Morgan Asset Management, has hired Bill McDermott in a newly created role as head of sales and client solutions.

Investors took $4.92 billion out of mutual funds in the week ended Wednesday, May 23, according to the Investment Company Institute.

J.P. Morgan Retirement Plan Services, the retirement plan record keeping business of J.P. Morgan Asset Management, has hired Bill McDermott in a newly created role as head of Sales and Client Solutions.