Industry

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

Capgemini has acquired IT firm Thesys Technologies Private Ltd. of India. Terms of the deal were not released.

James F. Mullery, a 22-year veteran of the financial services industry, has joined Security Benefit as a corporate senior vice president and president for the company's Personal Retirement Savings initiative set to launch in early 2011.

Most recently, Casesa led Casesa & Co., an advisory firm serving corporations, investors and governments in the auto industry. Prior to that he served as managing director and global coordinator for automotive research at Merrill Lynch and managing director at Wertheim Schroder & Co.

The new senior managing director, who worked on QlikTech;s IPO in July, will advise on technology matters.

Broadridge Financial Solutions agreed to acquire Matrix Financial Solutions, a provider of retirement products and services for investment administrators, financial advisoers, banks and wealth management professionals.

This is a remarkable homecoming for Matthew Stahr, the newly appointed president of De Waay Financial Network and De Waay Advisory, the sibling of Clive, Iowa companies that provide brokerage and investment advisory services to clients.