Industry

Benjamin F. Edwards & Co. has tapped Wells Fargo to hire a three-member advisory team to staff its new Ohio office, and also added a new financial consultant in Illinois.

Fifth Third Securities hires regional investment manager for Northern Ohio and Western Pennsylvania.

A typical fee-based advisor undercharges clients by about $20,000 each year, according to a presentation on the PriceMetrix site.

Wilshire Associates Inc. has promoted John Hindman to the role of president of the firm.

Analytical market data provider Benchmark Solutions has appointed Tim Grant has head of sales and marketing.

The advantages of having both an RIA and broker-dealer relationship include ownership of the business while having the support of a full service broker-dealer.

Running a planning practice takes you into a lot of chicken-and-egg situations, such as needing to have scale before you can get the tools you need to grow. Bob Veres has answers for RIAs starting out or struggling to grow their firms.

Oppenheimer & Co. has hired three experienced senior professionals to expand the capabilities of its Institutional Equity Derivatives Group’s options desk.

The founder of Veritable, the country’s third-largest RIA, says his firm’s new partnership with wealth management giant Affiliated Managers Group is part of a broader effort to build a business that can last for generations.

Global accounting firm Ernst & Young has expanded its West Coast asset management tax practice with four new hires.