Industry

It looks like famed movie director George Lucas is finally channeling his inner Jedi Knight Force to wed long-time fiancée Melody Hobson, president of Ariel Investments.

Pax World Management, which touts itself as having launched the industry’s first socially responsible mutual fund in 1971, has hired Judy May as senior vice president of marketing.

Morgan Stanley's Jim Detterick started out by beta testing a career as a financial advisor. Now he applies that acumen to clients’ portfolios.

It's a big happy family for Hartford Mutual Funds, which announced today five new additions to its team.

3D Asset Management is giving its operations team a boost with a series of promotions.

Sandip Bhagat has resigned as head of Vanguard’s Equity Investment Group, according to a regulatory filing.

The RIA sector drastically outpaced the growth rate of the rest of the financial services industry in the past year, growing at 13% versus 1.3%, according to research from Cerulli & Associates. For our annual RIA Leaders report, Financial Planning ran the numbers to look at the 50 fastest-growing fee-only RIA firms for 2012.

Bank of America Corp.’s brokerage arm and JPMorgan Chase & Co.’s asset-management division are among businesses ripe for divestiture if U.S. banks break up to improve stock prices, according to CLSA Ltd.’s Mike Mayo.

Keith Reynolds has joined Segal Rogerscasey’s Atlanta office as a senior consultant.

Sandip Bhagat has resigned as head of Vanguard’s Equity Investment Group, according to a regulatory filing.