Industry

The bank advisory association named Jeff Hartney as executive director, effective July 7, to replace Jim McNeil.

American Realty Capital Properties' Nicholas Schorsch will step down as CEO in October and be replaced by President David Kay as part of governance changes at the largest single-tenant landlord.

U.S. authorities in Puerto Rico are investigating allegations that a former UBS AG broker improperly advised clients to borrow money to make investments, a person briefed on the probe said.

Two former RBC advisors managing about $230 million in combined assets jumped to Baird.

A trio of former Raymond James advisors has moved to Stifel, Nicolaus, the traditional employee broker-dealer of Stifel Financial.

Wells Fargo poached four advisors managing more than $450 million in client assets from rivals UBS and Morgan Stanley.

Bank of America Merrill Lynch has enticed a former BlackRock managing director out of retirement to head its affluent segment and strategy.

Dedicating enough time and conducting the proper amount of due diligence is the best way to ensure where you're going is a better fit than where you've been.

A UBS advisor team managing $430 million in assets has left the wirehouse to join regional broker-dealer First Kentucky Securities.

Lebenthal & Co. said it will exit the municipal public finance underwriting and institutional sales business and shift those resources to its wealth management division.