RIAs

“Before allowing our reps to use social media, we needed a technology solution to handle our complex regulatory needs,” says Chad Oppedal, assistant director of compliance for the Principal Financial Group.

Symetra Investment Services, Inc., the broker-dealer registered investment advisor arm of Symetra Financial Corporation, has hired John Forrest to serve as director of business development, responsible for managing relationships, development advisors and managing sales.

More and more often, RIAs are outsourcing certain functions so they can spend more time with clients and stay competitive, according to the firm.

IFP reports dramatic increases in revenue, financial advisors joining the firm’s network and client AUM.

Bradley Fisher will be taking over as managing director and leader of the Family Office Advisory Practice.

Chicago-based RIA HighTower has lured away HSW Advisors, a three-man team overseeing more than $1.4 billion for 50 clients, from Merrill Lynch’s private banking and investment group.

Independent broker-dealer Paulson Investment Company has agreed to transfer its retail operations to RIA and broker-dealer JHS Capital Advisors.

Independent advisory firm French, Wolf and Farr has increased its AUM after taking on Piedmont Asset Management.

The group chose Securities America because “we want to expand our business … [and]… we feel this is a better opportunity and fit than any other firm we researched and reviewed,” according to Tom Gahler.

Harris myCFO has hired Leslie Grant as vice president, a role in which she’ll be responsible for capital advisory services and custom banking solutions for clients.