Industry

RBC Wealth Management has reeled in a Morgan Stanley Smith Barney financial advisor team overseeing more than $350 million in client assets.

Pasadena, Calif.-based Retirement Revolution, a recordkeeping and custodial service provider to third party administrators and plan sponsors, has named Frank Bruno as its new national sales director. Bruno will be in charge of managing the sales team for all of Retirement Revolution products.

Richard F. Aster, Jr., president of Aster Investment Management Company, Inc. and portfolio manager of Meridian Fund, Inc., passed away on Thursday, February 16, 2012.

Sam Kiefer built his career serving high-net-worth families in Boston’s non-profit, philanthropic, healthcare and sports industry circles.

There are certain questions RIAs should ask before making a transition to a new broker-dealer. Pat McEvoy, President of Woodbury Financial Services, spoke with Financial Planning about his thoughts on what these questions should be.

Key Additions at Northern Trust Alternatives; MMI Appoints Lensing and Ledbury as VPs; Stephenson and Klaas Join Heartland Marketing; Eze Castle Promotes Holden to CFO

Gresham Partners, a Chicago-based independent wealth management firm, has named two new principals.

The asset custodian and back-office technology provider is betting that the two systems will enhance the Intelligent Integration platform that it launched almost two years ago.

Wells Fargo has had a busy hiring month, adding nine financial advisors to its force from Morgan Stanley Smith Barney and Merrill Lynch, and also hiring a new manager from Raymond James.

Investment banker Gene Katz will be leaving William Blair & Co. to oversee corporate development and finance as Chief Development Officer at TAG.