Industry

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

INTECH Investment Management, an independently managed subsidiary of Janus Capital Group, has hired Phillip Leonardi to head of the firm's consultant relations team.

In the most recent expansion of its planning services, Raleigh, N.C.-based Capital Investment is adding five new financial advisors.

Two of the five new hires joined the Boston office. The others joined offices in Princeton, N.J., Melville, N.Y., and Walnut Creek, Calif.

Northstar Wealth Partners, the largest LPL Financial-affiliated wealth management firm in Connecticut, has nearly doubled its assets under management to just under $2 billion -- by recruiting two advisors formerly with Essex Financial Services in Essex, Conn.

Morgan Stanley and Goldman Sachs Group Inc. led Wall Street banks in posting a collective 42% increase in equities-trading revenue in the second quarter, the largest jump in more than three years.

Are you concerned about information technology security? So is Dave Grant. Check out some strategies he is using to assuage his fears.

Securities America has ramped up the fierce competition for independent advisors, launching a new RIA targeting advisors with between $50 million and $250 million assets under management.

Morgan Stanley, owner of the world’s largest brokerage, reported a 66% earnings increase that beat analysts’ estimates as trading revenue jumped and wealth- management profit margins climbed.

One Major League All Star was unsure of whether he’d reach the big leagues as a minor-leaguer in Mobile, Ala. So he lined up an internship at Morgan Stanley.