Industry

Neuberger Berman has hired 22 emerging markets debt (EMD) investment professionals, 19 of whom have joined the firm from ING Investment Management, where they managed over US$16 billion in EMD assets.

Dynasty Financial Partners is crossing the border and headed north.

There are only a few dozen banks with assets of $20 billion to $350 billion. In this regulatory climate, these regional banks in the middle of the size spectrum look very much like the industry's new sweet spot.

A dearth of suitable candidates is putting a strain on growing firms - and sharply boosting the price tag for top advisors.

Trust Company of America is expanding its Advisor Pathways program by partnering with RIA in a Box.

Gerald Rixie, the former CFO of Calamos Family Partners, joined the Private Client Reserve as a wealth management consultant.

The firm has reorganized its branch leadership with two promotions and a new hire from Morgan Stanley.

BMO Global Asset Management has named John Boritzke, managing director, as head of fixed income.

RIA firms can learn from the smart decisions and big mistakes made by Sierra Investment Management of Los Angeles.

UBS Wealth Management Americas posted a record profit in the first quarter as it recorded its strongest net new money inflows and cut expenses.