Industry

Goldman Sachs Group Inc. named 70 employees to join its so-called partnership, the fewest in the firm’s 13 years as a public company, as sluggish revenue growth pressures expenses.

Sovereign Investment Group, a Texas independent wealth management firm, announced Wednesday it hired Michael Koletar as a senior vice president of investments for its wealth management team.

Merrill Lynch has added industry veteran Daniel Sandlin from Morgan Stanley.

Charles Schwab's Advisor Services group is planning to launch an internship program next year to help registered investment advisory firms develop and find new talent.

The firm has added a team with over $500 million in production to its southern California offices.

Despite the volatility of the last few years and the continued economic malaise in much of the developed world, global stocks are still attractive, according to executives at Morgan Stanley.

Bank of America Corp. salespeople assigned to the world’s biggest stock portfolio managers were given new orders by their boss in September: attend at least 30 meetings a month with clients, or else.

Wells Fargo Advisors has promoted David Kowach to serve as president of the firm’s Private Client Group.

Prudential Retirement has strengthened its stable value team with the appointment of Michael Davis as its new head of stable value.

Many talented individuals are getting hired on Wall Street. But while it is great to hear that others are doing well, the first thing every job seeker wants to know is this: "How can I be one of them?"