Industry

Morgan Retirement Plan Services, the retirement plan record keeping business of J.P. Morgan Asset Management, has hired Bill McDermott in a newly created role as head of sales and client solutions.

Investors took $4.92 billion out of mutual funds in the week ended Wednesday, May 23, according to the Investment Company Institute.

J.P. Morgan Retirement Plan Services, the retirement plan record keeping business of J.P. Morgan Asset Management, has hired Bill McDermott in a newly created role as head of Sales and Client Solutions.

Triad Advisors, a subsidiary of Ladenburg Thalmann Financial Services Inc., announced that Texas-based, Karsten Advisors has joined Triad as an independent branch office.

On June 1, 2012, Thomson Reuters acquired the mutual fund database business of The Globe and Mail, the Toronto-based newspaper and mutual fund information service provider.

Private bank clients are more income-focused. How can advisors help them preserve capital across generations?

Edward Jones has hired Emmy-award winning reporter/anchor Marc Cox of KMOV-TV in St. Louis as a financial advisor. Cox will be ready for business by late August.

The managing director and vice chairman of private wealth management at Robert W. Baird & Co. discusses his 36 years in the securities business.

Talking to the leaders on the front lines of the financial advisory industry.

Planners who specialize and maintain that focus help themselves and their clients.