Industry

Asset management mergers and acquisitions are on the rise and all signs are pointing to another healthy year for deal activity.

With three more even larger deals expected to be completed by September, Carson Institutional could become a serious alternative to some of the leading roll-up firms in the nation.

Raymond James posted only slight improvement as fixed income and lower trading revenue cut into earnings.

Advisors in all channels saw fee income increase as a percentage of their compensation over the past year, according to a new study.

Financial advisors across the spectrum -- at registered investment advisors, wirehouses and independent broker-dealers -- are at a loss when it comes to understanding liquidity of exchange-traded funds, according to research from Cerulli Associates.

Janney has hired two advisors from Morgan Stanley and Raymond James with $91.6 million AUM.

The Nashville community bank has expanded into new territory with the addition of three advisors who will focus on the medical industry and physicians’ practices.

Ameriprise Financial has hired three financial advisors from UBS, Raymond James Morgan Keegan, and HSBC.

Independent broker-dealer Securities America is pressing ahead with its aggressive recruitment campaign, hiring three regional directors to help attract prospective independent advisors, the firm announced Tuesday.

Earlier this month, Nuveen Asset Management revealed that its Chief Equity Strategist and Senior Portfolio Manager Bob Doll will be taking on a new slate of equity funds including traditional, specialty and alternative funds.