Industry

UBS Financial Services has picked up three financial advisors from Morgan Stanley in Arizona and Indiana who managed $467 million in client assets.

Cetera Financial Group is growing again. The broker-dealer network has signed a definitive agreement to acquire Tower Square Securities and Walnut Street Securities from MetLife.

Curian Capital has added Gabriel Burstein as head of the Investment Strategy group.

Expanding its New England presence, the firm added a three-decade industry veteran in Connecticut.

Despite their growing optimism, most small and mid-sized business owners are planning to hold off hiring for the next six months.

Los Angeles-based Causeway Capital Management has named Foster Corwith and Alessandro Valentini as portfolio managers. Corwith and Valentini will join Causeway's six current fundamental portfolio managers in managing client portfolios on a team basis.

Advisors' tech priorities -- and needs -- have shifted dramatically over the last 18 months, says Steven Crosby, head of PricewaterhouseCooper’s U.S. wealth management unit.

Nationwide Financial has beefed up its mutual fund portfolio by adding 17 new equity and bond funds from HighMark Capital Management worth some $3.6 billion in assets.

A capable and conscientious advisor can support small business clients by helping eligible entrepreneurs establish an Employee Stock Ownership Plan.

Legg Mason has announced a series of executive appointments and departures following the hiring of Joseph Sullivan as its president and chief executive officer.