Industry

On June 26, 2012, The Aquila Group of Funds has hired Peter Warren as Regional Sales Manager covering the Northeast.

On June 26, 2012, Putnam Investments today unveiled a trio of new hires in the defined contribution investment-only and DC advisor-sold channels.

Raymond James’ latest additions include Bill Carmel, Todd Carmel, Donn Carmel and Mario Quintero Jr., a former Morgan Stanley Smith Barney financial advisor team based in Westlake, Ohio.

Nine out of 10 independent registered investment advisors say their roster of clients has increased or remained steady in the past 12 months and that has them looking to add staff in the year ahead to sustain that growth.

Ask recruiter Michael Castine about the state of mutual fund hiring now, and he brings up the Brad Pitt movie "Moneyball."

On June 25, 2012, Hennessy Advisors, Inc. today revealed that the Board of Trustees of The FBR Funds trust has approved the proposed deal between the two fund firms.

On June 25, 2012, Delaware Investments is beefing up its distribution with the addition of Bryce Bulman, who joined the firm as regional director supporting Chicago, a newly created territory.

On June 25, 2012, Sentinel Investments has made two key appointments to its senior sales team as well as the hiring of a new wholesaler.

With the promotion, Mary Mack will step from her current role as executive vice president and head of wealth brokerage services at the firm.

For bank reps looking to advance their careers, there’s no better news than a promotion or a job offer that’s too good to refuse. Here’s a sampling of bank reps who were recently promoted or moved to new organizations to assume roles of greater responsibility.