Industry

The Securities and Exchange Commission has named Norm Champ as director of the agency’s Division of Investment Management, replacing outgoing Eileen Rominger, who is retiring.

BNY Mellon has hired Christopher Ross as a senior portfolio manager in its wealth management office in Washington, D.C.

Peter Young and Dana Grabarchuk will help grow the firm’s sales and trading operations.

Savant Capital Management and The Monitor Group, two independent fee-only RIAs, announced that they have finalized the merger of their firms to officially become Savant Capital LLC.

In the span of 12 months, the Active Bear Exchange-Traded Fund (HDGE) has become a wirehouse darling.

Eaton Vance Investment Counsel, a subsidiary of Eaton Vance Corp., has hired William M. Gillen to the position of vice president, Business Development, responsible for enhancing EVIC's presence in the marketplace and overall marketing efforts.

PIMCO’s founder this week gave his readers a bit more than his usual insights on the state of the market.

BlackRock Asset Management's Toronto-based arm has crowned Noel Archard, the global asset management firm¹s current head of U.S. iShares, to succeed Bill Chinery as chief executive officer.

The Salt Lake City-based bank is ramping up its wealth management business with the support of third-party marketing firm PrimeVest Financial Services.

Morgan Stanley Smith Barney hired the Seminara Group—comprised of advisors Frank Seminara, Peter Seminara, Robert Knorr and Andrew Goldberg—in Florham Park, N.J., from UBS. They had $660 million in client assets under management and $6.69 million in production. Other new hires include Phil Huffman and Craig Cox from Merrill Lynch in Pasadena, Calif.; Susan Rosenthal, Sandra Puff and Monica Tew, also from Merrill Lynch, in Durham, N.C.; Richard Jenkin and Thomas Ferrante from UBS in Jericho, N.Y.; and Patricia Glass from Credit Suisse in New York's Park Central Branch.