Industry

When Dynasty Financial Partners landed Michael C. Brown as a partner and director of wealth management, the firm was determined to create a wealth management business where elite financial advisors could run their practices.

Small and medium sized businesses are ready to hire again, according to a survey by employment agency AppleOne, released Wednesday.

Legg Mason has hired Peter H. Nachtwey as chief financial officer and a member of its executive committee, reporting to Chairman and CEO Mark R. Fetting.

Baltimore-Md.-based Legg Mason has hired Pete Nachtwey, the former CFO for The Carlyle Group, to serve as its new lead financial officer...

John Bouchard, Saundra F. Albrite-Bouchard and Julie-Anne Lewis represent the first team of financial advisors to join Washington Wealth, which Tony Sirianni and Ross Wilkinson launched earlier this month.

John Y. Kim, who is already the executive vice president of New York Life Insurance Company, will take over the chairman position currently held by Gary Wendlandt on January 1, 2011.

Charles Schwab has named Marie A. Chandoha president and chief executive officer of Charles Schwab Investment Management Inc., the investment advisor to the Schwab and Laudus Funds.

She previously held technology and operations positions with Goldman Sachs, Merrill Lynch, Lehman Brothers, Ernst & Young, First Boston and Royal Bank of Canada.

The new hires come from Morgan Stanley Smith Barney and Merrill Lynch

Peter Orszag will be vice chairman of global banking and a member of Citi's senior strategic advisory group.