Industry

Brian Saltzman, formerly with AllianceBernstein in New York City, has joined Neuberger Berman Group LLC as a wealth advisor and vice president in the firm’s Manhattan office.

Michael Hamm has left a position as vice president at Cambridge Investment Research in Fairfield, Iowa, to become a senior vice president at The Legend Group in Palm Beach Gardens, Fla.

Alex Murguia, managing principal of McLean Asset Management and CEO and founder of inStream Solutions, believes advisors should be aware of major changes underway in the planning profession—and should take proactive steps to safeguard their practices. Financial Planning talked to Murguia about his views on the outlook for RIA businesses.

Stewart Head of EMEA Client Mgt. at BNY Mellon; Franklin Templeton Names Two New Hires; BlackRock Appoints Powers Director/Trustee; Dillon Gage Names Friedman EVP

Just a few days after Bob Oros left Trust Company of America as national sales manager, Fidelity Institutional Wealth Services has confirmed he will start next week as executive vice president of RIA sales and relationship management.

National Planning Corporation has expanded its new business development team by hiring two new full-time recruiters, doubling the size of the recruiting team at the independent broker-dealer.

New M&A data from Schwab seems to suggest that the RIA space is not consolidating as fast as some have predicted it would – though the final analysis depends on how you define consolidation.

James Boyle, president of John Hancock Financial Services, announced that Brian Heapps has been named president of John Hancock Financial Network.

James Boyle, president of John Hancock Financial Services, announced that Brian Heapps, CLU, ChFC, was named president of John Hancock Financial Network (JHFN).

Independent brokerage LPL Financial has hired eight new advisors who manage about $200 million in client assets in Massachusetts.