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Brown Brothers Harriman & Co. has appointed Rafael Febres-Cordero managing director and head of its international wealth management business, in a push to expand its international business. Febres-Cordero is a 20-year veteran of the financial services industry and spent the past 14 years at Fidelity Investments in a variety of positions, including as managing director of Fidelity's private equity division, Devonshire Investors. He was also managing director, Southern Europe & Latin America at Fidelity Investments International.

At the start of October, the Investment Company Institute announced it was going global.

The wealth management sector hasn't exactly been blazing the trail when it comes to integrating sleek new mobile devices into the workflow. But that slow ship is beginning to turn, according to a study from the research firm Aite Group.

The financial crisis of 2008, when the S&P 500 lost 38.5% in value, and the ensuing market volatility in the three years since have served as a sobering wake-up call for the wealth management industry.

Transition management-it's the term used by custodian banks and other service providers to describe how they move the assets of a pension plan or other plan sponsor from one fund manager to another.

The mere mention of variable annuities is enough to set off a heated discussion among financial advisors. Below are excerpts from our discussion boards about our coverage of a report from the Insured Retirement Institute.

Readers react to this week's exclusive interview with Wells Fargo's Rich Lowrie, the financial planner who helped craft GOP presidential hopeful Herman Cain's 9-9-9 plan.

Independent and insurance brokers/dealers are the strongest sales channels for variable annuities, according to a report from the Insured Retirement Institute.

Blue chips ended the week up 1.41% to 11808.79. It was the fourth week in a row that stocks finished higher.

FPA has launched the International Value Strategy portfolio, with plans to roll out a mutual fund version in the near future.