Industry

If there is one sentiment that fiscal policy debates in Washington have taught investors not to expect over the years, it’s optimism, according to the chief market strategist at LPL. Time and again, we have seen our politicians respond to serious questions on the future of our nation’s economy by kicking the can down the road, or worse. Could it be different this time around for 2013?

Mohamed El-Erian, chief executive officer and co-chief investment officer of Pacific Investment Management Company, is adding another title to his business card.

Small and mid-sized firms look to maintain momentum from 2012 by offering more services and leveraging social media.

Wells Fargo financial advisor John Handley, number 37 on On Wall Street’s list, remembers getting that very first client and the cadre of business relationships he’s had for years.

“My number one objective is to grow revenues from the private bank and help to make it an even greater contributor to the growth of Webster Bank,” said Daniel FitzPatrick, the new head of the business.

The TCW Group has added a pair of alternative investment shops and a new head of alternative products to its Christmas stocking this year.

For Pedro Marti, who nabs the number 38 slot on On Wall Street’s 2012 list, serving as a financial advisor at Wells Fargo is the perfect blend of financial analysis and personal interaction.

Industry experts and thought leaders make their predictions about what is to come for advisors and investing in 2013.

Eagle Asset Management today announced that it has completed the purchase of a 45% ownership stake in San Diego-based ClariVest Asset Management.

Celebrating its two-year anniversary with an announcement of its 11-figure status, New York-based Dynasty Financial Partners aims to separate itself from the myriad of firms offering services to registered investment advisors.