Industry

Andrew Engel, a portfolio manager at Minneapolis-based Leuthold Weeden Capital Management, passed away on May 9, according to the firm.

Cantor Fitzgerald has hired five investment professionals to expand its presence in emerging markets in Latin American, with a particular emphasis on Brazil.

On May 18, 2012, The Hartford unveils its latest chief investment officer.

On May 17, 2012, Brendan Clark was named president of Clark Capital Management Group, taking over for his father, Harry Clark, who founded the firm and will continue as chairman and chief executive officer.

On May 17, 2012, Jay Rosoff joined registered broker dealer Point Capital Markets, LLC as Managing Director of Distribution for the Thesis Flexible Fund, a multi-start alternative mutual fund.

State Street Global Advisors has appointed Michael Spellman as regional sales director, global cash, reporting to Barry F.X. Smith, senior managing director and global head of SSgA’s cash business.

Sallie Larsen will ensure that LPL remains an engaging workplace for its staff and professionals, including those who recruit advisors to the independent broker-dealer.

On May 17, 2012, Denver-based UAT Inc., a financial services technology firm specializing in the externally managed and sub-advised industry, has hired Ken Paieski as a partner.

Bank of the West Wealth Management has hired Scott Cripps to oversee the group’s fiduciary responsibilities to affluent and high-net-worth clients.

On May 16, 2012, State Street Global Advisors appointed Michael Spellman as regional sales director, global cash, reporting to Barry F.X. Smith, senior managing director and global head of SSgA’s cash business.