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The New York-based company hired Austin J. Philbin as a senior consultant of RIA services and Monique Miller as director of business management.

Principals of RIA firms need to pay closer attention to workflow and operational issues at their firms, especially if they want to stay viable amid rising operational costs, Pershing Advisor Solutions said.

The newly combined Boston-based RIA will have $2.5 billion of client assets.

A majority of financial advisors expect President Barack Obama to win the 2012 election even though they are rooting for Mitt Romney, according to an SEI Quick Poll.

Financial behemoth names new heads for Citigold Wealth Management and Citi Personal Wealth Management units.

Last year at midyear, Money Management Executive found that 16% of executives expected that their fund firms would increase technology spending by 5% through the end of 2011, compared to 2010.

A new survey from Spectrem Group finds that affluent investors – particularly millionaires – are becoming more and more pessimistic about the U.S. economy’s erratic recovery despite the Dow Jones Industrial Average’s strong start to the year.

Madrona Funds portfolio manager Brian Evans explains why price rather than market capitalization is the right why to pick which stocks to put in a fund.

Steve Sanduski, The Prosperous Advisor, says financial advisors often ask him for secret tips or advice that will jump-start their business and help them grow their assets under management. Here are some of his top ideas for advisors who want to build a better future for themselves and their clients.

Wells Fargo Advisors promoted John Peluso to president of First Clearing Correspondent Services, a registered broker-dealer and a non-bank affiliate of Wells Fargo & Co.