Industry

Robert Buzzelli was formerly Allegheny Valley Bank’s chief banking and wealth management officer.

Piper Jaffray announced Wednesday that it will acquire Seattle-Northwest Securities, pending shareholder approval at Seattle-Northwest. The deal is expect to close in the second half of 2013.

The job market in asset management may not be back to pre-crisis levels, but hiring will likely pick up after second quarter earnings reports, says recruiter George Wilbanks, president of Wilbanks Partners.

Three research analysts at Harris Associates, adviser to The Oakmark Funds, have been appointed co-managers of the Oakmark Equity and Income Fund (OAKBX).

IronGate, the largest independent wealth advisory firms in Wilmington N.C., opened its doors in 2005, and has a team of 14 advisors managing $200 million in assets.

Morgan Stanley reported profit that beat analysts’ estimates as pretax earnings from its retail brokerage, the world’s largest, rose to a record.

Minneapolis-based Whitebox Advisors has hired Mike Coffey as Head of Distribution for the firm’s mutual funds.

Martim de Arantes Oliveira will be responsible for driving the growth of Ascent’s new office, which will open this summer.

Genworth Financial Wealth Management will soon have new owners -- and a new name.

Bank of America’s wealth management division achieved record post-merger revenue, net income and AUM inflows.