Industry

Kelleher was previously a managing partner and one of three founders of Sowood Capital Management, a multi-strategy hedge fund seeded by Harvard Management Company in 2004.Prior to founding Sowood, Kelleher spent eight years at Harvard Management.

Wirehouses and regionals nab financial advisors and veteran executives.

Matt McGinness has a reputation for producing heavy hitting research in practice management.

Can Angelina Jolie explain credit default swaps and securitization to America?

Standard & Poor’s and Financial Research Corp. announced a content-licensing and distribution agreement Thursday whereby FRC data will be available on S&P’s MarketScope Advisor platform for financial advisers. Terms of the agreement, including financial considerations, were not disclosed. An S&P spokesman denied the deal is a precursor to an acquisition of FRC from its parent, private equity firm Mercatus Partners LLC.

A focus on research at First Allied, Citi expands its private bank in New York, Dallas and Washington, and the Insured Retirement Institute adds five seats to its board.

Registered investment advisor firms need more capacity to handle client demand for professional financial planning advice. That aligns with the recent trend of wirehouse brokers getting fed up with that channel and considering doing business in the independent channel instead.

Cantor Fitzgerald continued expansion into the fixed income, asset backed securities and structured credit markets in Europe with more than a dozen key new hires in the U.K., Italy, Ireland and Germany.

Charles Schwab opens the doors to its "virtual university" to help RIAs better utilize its technology

Nomura Securities Inc. has hired 44 dealmakers for its North American investment banking operation since January and some of the most recent hires are from Barclays Capital, Credit Suisse and Wells Fargo, according to a memo obtained by IDD Magazine on Tuesday.