Industry

Strategic Insight parent Asset International has completed its anticipated acquisition of certain FRC products—and says it will make “significant investments to strengthen, enhance and expand acquired FRC products.”

Brown Brothers Harriman has appointed Daniel Greifenkamp head of mutual fund business development for the investment management business-charged with extending the momentum of its $43.5 billion proprietary mutual fund complex.

Plus, moves that mattered the week ending Nov. 23, 2011, at Raymond James, Omgeo and elsewhere.

Floyd Gilbert Bickel joins Wells Fargo’s Frontenac, Mo., office.

Investment banking and brokerage firm Stephens Inc. has named John Baumgartner managing director and co-head of equity capital markets.

Bill Miller will cede his position as chief investment officer of Legg mason in April. Sam Peters will become CIO and take over as portfolio manager of the $7.4 billion Value Trust fund. Peters will also become lead manager on the Value Equity strategy. However, Miller will remain chairman of Legg Mason continue to run its Opportunities trust.

Cetera Financial Group CEO Valerie Brown shares four lessons she said have had great impact on both her business and her life during the Women Advisors Forum in Huntington Beach, Calif.

According to the survey, 70% of RIAs cited market volatility as the top concern among their clients, while 99% said it was among clients’ top three concerns. Only 6% of RIAs said wealth accumulation was a top client concern.

Corporate acquisitions using overpriced shares of stock rarely do much to cushion the decline the shares eventually suffer, according to a new study.

Mirae Asset Global Investments, a specialist in emerging markets, has named Peter Graham president of the Mirae Asset Discovery Funds, responsible for overall strategies and progress towards its goals.