Industry

Grail Advisors, a provider of actively managed exchange-traded funds, has recruited Gary Black, the former chief executive officer of Janus, to serve as a director on its advisory board.

Klopp joins as head of Americas real estate investing and global real estate debt investing

The Securities and Exchange Commission has appointed five individuals to specialize in various areas of investigation and has also created an Office of Market Intelligence to compile the hundreds of thousands of tips, complaints and referrals that the SEC receives each year.

Aames, who starred on TV and in film, recently appeared on the VH1 reality TV show “Broke and Famous: Willie Aames” to discuss his own financial troubles.

Brian Moynihan reassigned several Bank of America Corp. executives Tuesday, less than a month after being named the chief executive.

Two million-dollar plus teams from UBS have made the leap.

The hiring is an effort to build Ladenburg’s broker-dealer arm.

Janus Selects Weil as CEO

As a further sign that the mutual fund industry and broader asset management business and economy are gaining strength, the financial industry netted 4,000 new jobs in December. This was the first time since July 2007 that there has been job creation, according to the Bureau of Labor Statistics.

McGee, who also serves as chairman and chief executive officer of the insurer, steps into his additional role as the company comes out of of a tumultuous period.