Industry

Greg Williams, who has served at Raymond James for 17 years, will now serve as senior vice president and managing director of the Private Client Group administration.

Anthony DaCruz, formerly at RBC Capital Markets, has joined Morgan Stanley Smith Barney’s West 52nd Street branch as a financial advisor.

Brokerage firm Benjamin F. Edwards & Co. has staffed its new Chattanooga, Tenn. office with nine new hires, many from Wells Fargo Advisors, while also adding a Morgan Keegan veteran to its Texas team.

Wasatch Advisors has named Eugene “Gene” Podsiadlo director of mutual funds.

DST Systems has signed a definitive agreement to acquire ALPS for $250 million in cash.

Russell Investmentshas promoted Len Brennan to president and chief executive officer, succeeding Andrew Doman, who is now chairman of the board.

Fidelity Investments has named Scott Couto as the new president of its Financial Advisor Solutions unit, where he will oversee the firm's product suite, investment consulting services, product analysis and marketing endeavors.

Fidelity Investments this week named Scott Couto as the new president of its Financial Advisor Solutions unit where he will oversee the firm's product suite, investment consulting services, product analysis and marketing endeavors.

Pyramis Global Advisors, Fidelity Investments’ institutional business, has established a cash management business in London to offer a suite of money market and other cash management solutions in the world’s major currencies.

Federated Investors has completed its acquisition of $509 million in mutual fund assets covering equities, fixed income and money markets from EquiTrust Series Fund and EquiTrust Variable Insurance Series Fund.