Industry

Collaboration between the Division of Enforcement and the Office of Compliance Inspections and Examinations at the Securities and Exchange Commission "really is very seamless," according to OCIE director Carlo V. di Florio.

American Century Investments has added Radu Gabudean to the portfolio management team, responsible for the firm’s multiple asset allocation strategies.

Hartford Funds has named Eric Levinson senior national account manager, responsible for developing and strengthening the relationships with Hartford Funds' largest broker dealer clients and coordinating relationship management with sales, marketing, product and operations.

ICI Global has hired Elizabeth Todd as Director of Global Legal Affairs. Todd hails from the Financial Services Authority, where she was the Alternative Investment Funds Management Directive policy lead on the investment funds team.

For the visually inclined, we've created an infographic to highlight some of the major shifts under way in demographics, technology and global wealth.

Despite a rally in the equity markets, February proved to be a lackluster month for Raymond James Financial.

Sentinel Investments has promoted three of its portfolio managers.

Heather Borelli, a former senior associate of Abbot Downing, will provide clients of the bank’s Private Client Reserve unit with integrated investment services.

A Financial Industry Regulatory Authority arbitration panel’s rejection of compensatory damages requests from both Morgan Stanley and one of its former brokers is the latest example of how deals for sign on bonuses can sour when a new position does not work out.

Merrill Lynch has promoted Mary Ann Bartels to serve as chief investment officer of portfolio strategies within its Investment Management and Guidance group.