Industry

Mahoney, who has worked for the San Mateo, Calif., based investment manager since 1993, is “now responsible for overseeing and mentoring the firm’s internal sales staff, and will also seek ways to enhance sales techniques to make them more salient in the digital age.”

The Kansas City, Mo., based institutional asset manager announced Wednesday it hired Michael Hedstrom as a senior vice president of marketing.

Sam Pyle and Shauywn Smith joined Morgan Stanley Smith Barney from Merrill Lynch.

Fieldpoint Private Bank & Trust hired Paul C. Guidone to be its chief investment officer.

Kevin Batterton will run business development and portfolio management

Scott B. David was previously president of Fidelity Institutional Retirement Services.

K. Kenneth Bogosian and teammates David Bogosian and Sean Drewniak joined Wells Fargo Advisors from Morgan Stanley Smith Barney in Providence, R.I. The team had $133 million in client assets and $872,000 in production.

UBS Wealth Management hired Alexander S. Friedman as chief investment officer, while also filling out his team with former White House staff staffer Mona Sutphen and alternative investment manager Mark Haefele.

Pahnke and his team, the Pahnke Wealth Management Group, join from Robert W. Baird.

T. Rowe Price has named Scott B. David director of third party distribution, charged with overseeing distribution, sales and marketing and expanding and deepening the company’s relationships with financial intermediaries in the U.S.