Industry

Just a few days after Bob Oros left Trust Company of America as national sales manager, Fidelity Institutional Wealth Services has confirmed he will start next week as executive vice president of RIA sales and relationship management.

National Planning Corporation has expanded its new business development team by hiring two new full-time recruiters, doubling the size of the recruiting team at the independent broker-dealer.

New M&A data from Schwab seems to suggest that the RIA space is not consolidating as fast as some have predicted it would – though the final analysis depends on how you define consolidation.

James Boyle, president of John Hancock Financial Services, announced that Brian Heapps has been named president of John Hancock Financial Network.

James Boyle, president of John Hancock Financial Services, announced that Brian Heapps, CLU, ChFC, was named president of John Hancock Financial Network (JHFN).

Independent brokerage LPL Financial has hired eight new advisors who manage about $200 million in client assets in Massachusetts.

Focus Financial Partners LLC, a firm that has grown by acquiring independent advisor teams across the United States, has hired a former Fidelity Investments director to help advisors transition as it looks to cull more top talent from the nation's biggest brokerages.

Columbus, Ohio-based Beacon Hill Fund Services announced their first customer for its new Advisors Investment Trust product. The product enables multiple unaffiliated registered investment advisors to co-exist in the same registered investment company.

Mann Dagan Now Trustees Of F Squared Investments; Direxion Names Abreu Senior Sales Director

Janney Montgomery Scott adds a pair of financial advisors from Wells Fargo Advisors and Morgan Stanley Smith Barney.