Industry

Greg Fleming to take his place and become head of MSSB Wealth Management

As the broker-dealer community changes, dealing with through-the-floor commissions and the ballooning costs of compliance and back-office management, so must Firm58.

In an effort to develop jumpstart its exchange-traded fund business, Russell Investments announced Wednesday it plans to buy U.S. One Inc., a registered investment advisor and ETF provider.U.S. One is the investment advisor to the One Fund, an ETF traded on the New York Stock Exchange that provides exposure to 95% of the world’s stock markets with the objective of long-term investment growth.

In an effort to develop jumpstart its exchange-traded fund business, Russell Investments announced Wednesday it plans to buy U.S. One Inc., a registered investment advisor and ETF provider.

Pershing has added a range of comparative analysis tools to its Advisor in Transition practice.

The Bank of America-owned private wealth management business has added five new advisors to its southeast and eastern divisions in its bid to serve ultra-high net worth clientele.

Educator and personal financial services pioneer Charles A. Moran, CFP, has been appointed as the new chair of the board of directors of the Certified Financial Planner Board of Standards Inc.

As the economy continues to improve and research and consulting for asset management firms at kasina grows, the firm has hired three new professionals.

MSSB and Wells Fargo have reached into each other’s advisor forces for two new wealth advisor appointments

The Bank of America unit Trust has appointed five new advisors in Illinois and Texas to focus on ultra-high net worth clients.