Industry

Bank of America is offering software to help small business clients manage their cash.

Broadridge Financial Solutions has agreed to acquire Bonaire Software Solutions, a provider of fee calculation, billing, and revenue and expense management solutions for asset managers including institutional asset managers, wealth managers, mutual funds, bank trusts, hedge funds and capital markets firms.

FINRA has censured Securities America and fined it $100,000 for making inaccurate and misleading statements to clients via emails.

The Hartford Funds has named Brian Garrette and Michael Tobin divisional sales managers, overseeing the mutual fund company's south and west regions, respectively.

RIAs love the flexibility of running their own business, but, when your bedroom becomes your office, it becomes difficult to keep a schedule. Dave Grant says he loves the flexibility of being self-employed, but internally he's screaming for a schedule. Check out some of his ideas and offer him some ideas that have worked for you.

Janus Capital Group has appointment Jeff Pawliger as regional director with Janus' Advisor Solutions Group to spearhead the growth of Janus' intermediary distribution and sales in Southern Florida.

Benjamin Edwards has added offices in Canton, Ohio and Abilene, Kansas., growing the firm to 33 branches in 17 states.

Janney has hired Neil McCauley from Wells Fargo with $98 million in assets under management.

Advisors needs and wants are moving targets and mutual fund wholesalers must constantly adjust to if they want to hit the bullseye.

Mercer has made three senior-level appointments to its global investments and retirement units in Europe and in the emerging markets.