Industry

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.

Beefing up its presence in Sacramento and Newport Beach, Calif. Beverly Hills Wealth Management has lured the Sullivan Wealth Management Group from Morgan Stanley.

PIMCO last month teamed up with product and technology platform provider Aria Retirement Solutions and insurer Transamerica Advisors Life Insurance Company to market contingent deferred annuities to asset-based fee-only registered investment advisors. The name of the new product: RetireOne Transamerica II.

Julius Baer Group said increased client trading boosted margins as Switzerland’s third- biggest wealth manager integrated Merrill Lynch businesses acquired from Bank of America Corp. last year.