Industry

The firm hopes that Karein Heintz can help grow its presence in the twin cities.

Picked up in a renewed focus on recruiting, Mark Teed joins Raymond James in Massachusetts.

A three-decade industry vet, David Upin, joins as senior vice president in Minneapolis.

Terri Labrecque has been named head of marketing for BNY Mellon’s Asset Servicing business, Money Management Executive has learned.

Paul Cummings will serve as regional managing director for the Northeast Region, overseeing asset management and other services in New York and Philadelphia.

At Raymond James, costs from the Morgan Keegan integration caused profits to decline in the fourth quarter.

3D Asset Management today officially unveiled Vincent Leon as vice president and National Sales Manager overseeing all sales, marketing, and distribution for its Intermediary and Retirement channels.

Although profits fell firm-wide, Ameriprise Financial’s Advice and Wealth Management segment posted a number of improvements across the board in the third quarter.

Goldman Sachs Group Inc.’s decision to provide some of former employee Greg Smith’s performance reviews to the media may scare staff at the firm about the privacy of their own reviews, Smith said.

For a new RIA to be managing $520 million for some 3,000 investors within six years is noteworthy. When that RIA was founded by an estate planning attorney, there must be a surprising reason.