Industry

UBS announced Thursday it hired Dave Schrohe as chief operating officer of its wealth management solutions management team.

Cypress Trust Co., based in Palm Beach, Fla., cherishes its status as an independent trust company, and is counting on its newly appointed president and chief executive officer, to preserve that.

Broadridge has acquired financial services client communications firm Forefield for $19.5 million.

Charles Schwab Corp. announced Wednesday evening that it named Marie A. Chandoha president and chief executive officer of Charles Schwab Investment Management Inc., which is the investment advisor to Schwab and Laudus Funds.

O’Neill began his Wall Street career at L.F. Rothschild & Co. in 1972. At Rothschild, he worked with financial institutions in the firm’s bank service group. By 1984, he was appointed managing director of the group which then had 55 dealmakers.

Charles Schwab Corp. announced Wednesday evening that it named Marie A. Chandoha president and chief executive officer of Charles Schwab Investment Management Inc.

Northern Trust bought Waterline Partners LLC, a Los Angeles investment advisory firm serving affluent individuals and families.The price of the deal, which closed Wednesday, was not disclosed.

Spilker previously headed the investment bank's investment management division.

J.P. Morgan Asset Management announced Tuesday it hired Michael Falcon as a managing director and head of retirement in the United States and Canada.

Technology analyst Mary Meeker is leaving Morgan Stanley to join Kleiner Perkins Caufield & Byers, a venture capital firm that backed browser pioneer Netscape Communications in 1994 and search giant Google in 1999