Industry

Advisor Xi is Tamarac’s comprehensive suite of investment and technology solutions for RIAs. The $54 million deal gives Envestnet’s clients access to those services.

F-Squared Investments, an investment firm and RIA, has named industry veteran Mark Marinella, a former executive vice president and Global CIO of State Street Global Advisors, as its new head of investments.

Financial exchange operator TMX Group announced that its friendly offer to buy over 90% of the shares of Sydney-based Razor Risk Technologies Ltd. was accepted.

Morgan Stanley Smith Barney has snapped up four financial advisors from Wells Fargo Advisors and Merrill Lynch.

Viteos, known predominantly as a fund administrator and operations support provider for hedge funds, has expanded its operations, accounting and reporting services to family office RIA firms.

Bennett Gross was previously director of wealth management for Pacific Wealth Advisors.

Planner, author and New York Times blogger Carl Richards, founder of Prasada Capital Management, has joined St. Louis-based BAM Advisor Services as its director of investor education.

Former Morgan Stanley senior executive, advisor joins Beverly Hills Wealth Management as new senior vice president.

Raymond James is being more diligent about highlighting its RIA business as an attractive place for the industry’s best advisors.

Twenty-five-year financial planning veteran Bruce Laning will oversee individual and corporate retirement accounts at Baker Tilly Investment Advisors.