Industry

The regional broker-dealer said it completed its acquisition of the British bank's U.S. wealth management unit, but it now expects that less than half of the assets under management will transfer over to the firm.

The recruit previously generated $1.3 million in annual revenue.

Snowden Lane's newest wirehouse recruits opened a California office for the independent firm.

The wirehouse's newest hires come from Credit Suisse, which is looking to exit the U.S. wealth management market.

Some question whether the CFP’s election of fi360’s Blaine Aikin as 2017 chairman is beneficial or potentially harmful to constituents.

Employees at the wirehouse learned in a memo Thursday that Chris Wolfe was named CIO, among several other changes.

The firm's 2016 comp plans helps continue an emphasis on growing banking and lending businesses – a top strategic priority for the wirehouse, according to President Greg Fleming.

The wirehouse is increasing thresholds on grid ranges and tweaking some awards.

Janus Capital said the head of its fundamental fixed income unit, who oversaw an eight-fold increase in the firm’s bond assets over the past decade, is leaving.

J.P. Morgan’s asset-management division promoted James Peagam to head of global insurance solutions, an operation that oversees $78 billion of client funds.