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Dean Anason is managing editor of American Banker. In two stints at AB that span nearly 17 years, Anason has been National and Consumer Finance editor, M&A editor, Washington bureau chief and Capitol Hill reporter. He was an assistant business editor at The Atlanta Journal-Constitution in between and began his career as the health care reporter for Atlanta Business Chronicle. He is based in his hometown of Atlanta, and can be reached at 770-621-9935.

On Wall Street's annual ranking of successful young planners.

The new recruits joined the firm's independent and employee channels.

McNiff is the vice president of business development at Exceptional Risk Advisors.

Muka is the senior vice president of multi-life distribution at Exceptional Risk Advisors.

Ted Brown is vice president of IT operations at Network Alliance Inc., a leading network management solutions provider in the Greater Washington, D.C., region.

Mark Lamoriello, President and Chief Investment Officer for Lamco Advisory Services, has served as company president since 2005.

The world's largest asset manager is making the move in an effort to lower costs for clients, the company said in a statement.

A revenue boost for the firm's asset-management unit is key and could play a role in raising capital that's been eroded by misconduct charges.

Firms seeking to adapt need to keep these four points in mind.