Industry

The Seattle-based broker-dealer is winding down. Its legal entity will retain its liability and assets, and D.A. Davidson will not take on its bond inventory.

Securities America promoted Michael Belluomini to regional director of branch office development for the Northeastern region.

New York-based RIA firm HS Management Partners has hired Robert Gebhart as its new senior vice president and senior investment officer.

HSBC Global Asset Management has hired Damion J. Hendrickson as a senior vice president and head of RIA sales.

The Securities and Exchange Commission has joined the U.S. Department of Justice in approving the merger of NYSE Euronext with Deutsche Boerse.

Most logical path to the future growth of wirehouses is through their largest advisor teams.

Two large RIA firms have launched their own apps in the Apple and Android store, putting them ahead of the field in the race to maintain contact with clients.

The proceeds will be used in areas that Jefferson National anticipates will translate into growth.

Mike Anderson has held a string of high-level positions at financial services firms, including president of Accutrade, a subsidiary of TD Ameritrade Holding, as well as TD Ameritrade itself.

James King, senior vice president and head of Prudential Retirement's Stable Value Market Group, has been elected chairman of the board of the Stable Value Investment Association. He began his term Jan. 1.