Industry

The Bank Insurance and Securities Association named James McNeil, formerly executive vice president and chief operating officer of BAI, a consultant in Chicago, as its new executive director.

BlackRock has hired Nancy Everett as managing director, head of U.S. fiduciary management solutions, a new position. She was previously chief executive officer of Promark Global Advisors, previously known as General Motors Asset Management.

The Securities and Exchange Commission has selected Eileen Rominger as director of the division of investment management.

Bank of America Merrill Lynch has reorganized its personal retirement solutions business.

According to an internal memo released late Thursday, the company is restructuring the unit into five areas.

The third largest broker-dealer by headcount and the fifth largest by revenue has grown into a powerhouse of a financial services company over the past decade. Its top executive said in an interview Thursday it plans to add at least 400 more this year.

Mark Schoenbeck’s career - and his life – has come full circle.

The Palm Beach Gardens, Fla., investment advisory firm bought Weiss Capital Management Inc, an independent registered investment advisory firm.

Four came from UBS, two from independent shop Ingalls & Snyder, one from Chase Investment Services.

Eileen Rominger joins the securities regulator after spending the past 11 years working as the global CIO for Goldman Sachs Asset Management (