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The team is taking about $1.2 million in production with them. The move makes Brancucci and Crossan managing partners at the practice, which has more than $100 million in AUM.

Financial planners take note: the Section 1022 election to opt out of the federal estate tax and into the modified carryover basis regime for the estates of people who died in 2010 is coming up in mid-January.

Linedata says that it has combined the risk analytics services of Riskdata with its Beauchamp portfolio management platform.

Legacy expert attorneys Andy and Danielle Mayoras say the intrigue and legal wrangling surrounding the copper heiress’s $400 million estate serve as a stark reminder that everyone -- wealthy or not -- needs to get proper estate planning advice from their financial advisor before it’s too late.

Nearly two-thirds, 63.8%, of plan sponsors have changed the investment lineup in their 401(k) plan in the past year, up markedly from a mere 20% in 2008, according to the Profit Sharing/401(k) Council of America.

BNY Mellon Wealth Management has hired private banking veteran Susan Traver to head up its new office in downtown Washington, D.C., its first in the nation’s capital. The new office is part the wealth manager’s push to be in the top 10 U.S. wealth markets.

Veteran financial advisor John M. Fagan has joined Raymond James’ St. Louis office, along with his son, financial advisor Charles Fagan, and senior registered sales associate Linda Rhoades.

The Conference Board Consumer Confidence Index surged 15.1 points in November to 56.0, up from 40.9.

NYSE Euronext, in partnership with Bloomberg New Energy Finance, is launching three "clean energy" stock indexes. The three indexes will be focused on performance of clean energy firms around the globe. The intent is to track public companies "most active in the world's historic shift to low-carbon energy."

The State Street Investor Confidence Index rose 2 points in November to 97.2. In North America, the index rose 4.7 points to 95.2, and in Europe, it rose 5.4 points to 101.5. In Asia, however, the index fell 4.2 points to 94.6.