Industry

Washington Wealth Management, a Middleburg, Va., based registered investment advisory firm, announced it hired Jordan Ball as a regional vice president for its newly opened Richmond, Va., office.

Scott McCuaig stepped down from his leadership role at broker-dealer subsidiary Stifel Nicolaus & Co.

Kelli K. Hill has joined Sentinel Investments as vice president and co-manager of the Sentinel Capital Growth Fund, Sentinel Growth Leaders Fund and Sentinel Growth Opportunities Fund, working alongside Elizabeth R. Bramwell, senior vice president and lead portfolio manager of the funds.

Nelson Roberts Investment Advisors this week closed its first RIA acquisition, picking up San Francisco Bay Area-based Sylvan H. Kline Jr. Inc. to bring its total assets under management to more than $275 million.

Brokers and financial advisers looking to make more money and have more control over the type of clients they serve and the investments they recommend continued to flood the independent channel at a swift pace in 2010, according to a new Broker and Advisor Sentiment Index survey conducted on behalf of Fidelity Investments.

Dynasty Financial has an ambitious plan to expand its advisor network to between 100 and 150 top-tier RIAs with total assets under management of around $50 billion over the next five years.

The Depository Trust & Clearing Corporation said it named former Citigroup operations and technology chief Robert Druskin chairman of its board. Donald F. Donahue remains chief executive officer.

The company has appointed a new complex director in Dayton, Ohio, and added four new financial advisors in Beverly Hills and San Francisco.

Hires Stuttard as the office’s first fixed income portfolio manager.

Curian Capital has hired Mike Petko as divisional vice president, in charge of distribution efforts in the Eastern region. In this position, he will oversee a team of Curian's regional business consultants.