Industry

Gresham Partners, a Chicago-based independent wealth management firm, has named two new principals.

The asset custodian and back-office technology provider is betting that the two systems will enhance the Intelligent Integration platform that it launched almost two years ago.

Wells Fargo has had a busy hiring month, adding nine financial advisors to its force from Morgan Stanley Smith Barney and Merrill Lynch, and also hiring a new manager from Raymond James.

Investment banker Gene Katz will be leaving William Blair & Co. to oversee corporate development and finance as Chief Development Officer at TAG.

Advisor Xi is Tamarac’s comprehensive suite of investment and technology solutions for RIAs. The $54 million deal gives Envestnet’s clients access to those services.

F-Squared Investments, an investment firm and RIA, has named industry veteran Mark Marinella, a former executive vice president and Global CIO of State Street Global Advisors, as its new head of investments.

Financial exchange operator TMX Group announced that its friendly offer to buy over 90% of the shares of Sydney-based Razor Risk Technologies Ltd. was accepted.

Morgan Stanley Smith Barney has snapped up four financial advisors from Wells Fargo Advisors and Merrill Lynch.

Viteos, known predominantly as a fund administrator and operations support provider for hedge funds, has expanded its operations, accounting and reporting services to family office RIA firms.

Bennett Gross was previously director of wealth management for Pacific Wealth Advisors.