Industry

Advisors needs and wants are moving targets and mutual fund wholesalers must constantly adjust to if they want to hit the bullseye.

Mercer has made three senior-level appointments to its global investments and retirement units in Europe and in the emerging markets.

Thanks to video conferencing, RIAs have a much broader array of hiring options to consider.

A South Florida man charged with running a $13.6 million scam involving nonexistent shares in companies including Facebook and Groupon was sentenced to 11 years in prison.

A final handshake on Morgan Stanley’s acquisition of Smith Barney will tie up some lingering loose ends, including a smoother clearing process for client assets, for one of the largest wealth management industry deals in the past decade.

Classes may be coming to an end for millions of students this month but it is just beginning for one BlackRock executive.

T. Rowe Price Group has added former U.S. Senator Olympia Snowe (R-ME) to its board of directors.

Franklin Buys Remaining Stake in Alt Shop

The addition of three sales directors in Miami, West Palm Beach and San Francisco are part of the wealth manager’s long-term campaign to boost its sales force by 50% by 2014.

Morgan Stanley will buy the rest of its wealth-management joint venture with Citigroup Inc. as soon as next week, capping a four-year effort to reshape the investment bank into a more stable firm reliant on the retail- brokerage business.