Industry

The merger of NYSE Euronext and Deutsche Boerse has been cleared on the New York side of the Atlantic Ocean.

The Financial Services Institute has appointed the CEO of a large broker-dealer holding company to its 2012 Board of Directors.

Deutsche Boerse and NYSE Euronext have offered to cap fees on trading in their European derivatives contracts for three years in their last-ditch effort to get their $9 billion merger cleared by the European Union.

inShareWells Fargo & Co. has signed a deal to acquire investment boutique EverKey Global Partners.

Reliance Trust, a wealth management trust and services firm based in Atlanta with $87 billion in AUM, has appointed Richard F. Curcio and Ward Curtis to its board of directors.

Raymond James has added four firms with total assets of $410 million to its RIA division, said Mike DiGirolamo, senior vice president and managing director of the Investment Advisors Division of Raymond James Financial Services.

Here’s one way RIA firms can measure their firms’ success: they can see everything from where their revenue is coming from to total assets under management — benchmarked to other firms — the same way you’d look at dials on a car dashboard.

Washington Wealth Management, a breakaway RIA founded last December, continued its explosive growth by acquiring its third breakaway advisor in just the past three weeks, bringing it ever closer to $1 billion in AUM.

Goldman Sachs' asset management division has agreed to purchase the mutual fund division of Dividend Growth Advisors, in a push to offer more income-generating funds.

Fifty-two percent of executives at asset management firms expect bonuses for distribution and marketing professionals to rise in 2012, and 39% foresee additional hiring, according to a Russell Reynolds survey of 529 executives.