Industry

In an effort to develop jumpstart its exchange-traded fund business, Russell Investments announced Wednesday it plans to buy U.S. One Inc., a registered investment advisor and ETF provider.

Pershing has added a range of comparative analysis tools to its Advisor in Transition practice.

The Bank of America-owned private wealth management business has added five new advisors to its southeast and eastern divisions in its bid to serve ultra-high net worth clientele.

Educator and personal financial services pioneer Charles A. Moran, CFP, has been appointed as the new chair of the board of directors of the Certified Financial Planner Board of Standards Inc.

As the economy continues to improve and research and consulting for asset management firms at kasina grows, the firm has hired three new professionals.

MSSB and Wells Fargo have reached into each other’s advisor forces for two new wealth advisor appointments

The Bank of America unit Trust has appointed five new advisors in Illinois and Texas to focus on ultra-high net worth clients.

Wall Street may not exactly be on a roll, but at least it's beginning to rumble.

Putnam Investments has promoted Robert E. Alan to head of North American consultant relations and Keith E. Thomas to head of international consultant relations. The two will work with the consultants who advise institutional investors on investment strategy and the selection of managers.

The Insured Retirement Industry has hired Lisa Plotnick as director of research, a new position IRI has created to establish itself as a research leader.