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Following the announcement of John Hallacy's departure from Bank of America Merrill Lynch, sources confirmed that Phil Fischer will step in to lead the group this month.
June 7 -
Sean E. Ekiert has joined Raymond James as a managing director in Richmond, Va.
June 7 -
Muni money funds continue to struggle to recoup the billions they lost this year particulary around income tax season and the arrival this week of $411 million is not much of a boost.
June 7 -
Regulators have formed a working group to enhance coordination between federal and state banking agencies on cybersecurity.
June 7 -
Financial Planning released its annual list of the largest independent broker-dealers in June. Here's a list of the top 28 smaller firms based on revenue.
June 7 -
LPL hired Michelle Oroschakoff as chief risk officer and managing director.
June 7 -
U.S. bond funds suffered their second-worst withdrawals last week in more than two decades after speculation about an eventual end to the Federal Reserves bond purchases sent fixed-income markets lower.
June 7 -
Defined contribution retirement plans could improve their risk-adjusted returns by broadening their investment options, according to a BNY Mellon report.
June 6 -
NICSA and Money Management Executive announce the opening of nominations for the 2013 NOVA Awards program recognizing outstanding service, leadership and innovation inside asset management firms.
June 6 -
Financial Planning unveiled its annual list of the largest independent broker-dealers in June. Here's a list of the top 5 networks.
June 6



