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JPMorgan has named a former U.S. Bancorp executive as the head of its wealth management business.

The industry veteran, who comes from Merrill Lynch, will be president of the firm's registered broker-dealer, ING Financial Partners.

Morgan Stanley picked up two former UBS advisors with a combined $3 million in production.

J. Michael Evans, a vice chairman who ran emerging markets and was seen as a potential successor to CEO Lloyd C. Blankfein, is retiring after more than 20 years at the bank.

The firm has added a Florida-based team with over $1 billion in client assets to its independent channel.

The agency asked for the change as part of an effort to improve corporate governance at the company, said one of the people, who asked not to be identified because discussions were confidential.

With $1.4 billion in assets already, firm aims to become a Southern California giant.

Three big industry names are joining forces to form a new wealth management firm, Lebenthal Wealth Advisors.

Hector Sants, head of compliance and government, is to take a temporary leave of absence because of “exhaustion and stress” less than a year into the job.

The tax-focused independent broker-dealer has added two new executives to its management ranks.

In the latest deal for Focus Financial Firm, Boston-based RIA expands footprint, sees more acquisitions ahead.

Helen Nugent, an 18-year veteran of Northern Trust, oversees a team of five sales directors across a six-state region and will drive regional professional recruitment efforts.

A recent round of hires includes one Wells Fargo advisor with over $1 billion in assets under management.

The firm advises 119 families and has $540 million in assets under management.

Two former Morgan Stanley advisors with approximately $1 billion in assets have jumped to RBC in New York.

Goldman Sachs Asset Management(GSAM) announced it has entered into an agreement with Deutsche Asset & Wealth Management(DeAWM) to acquire DeAWM's stable value business, with total assets under supervision of $21.6 billion as of June 30, 2013

Securities and Exchange Commission Chair Mary Jo White met with leaders of the equities and options exchanges, FINRA, DTCC and the Options Clearing Corporation following the August 22 interruption in the trading of NASDAQ-listed securities.

Five former Merrill Lynch advisors with $900 million in assets have jumped to Janney in Connecticut.

Assets under management and state-registration among RIAs are up this year, with Dodd-Frank Act requirements resulting in a major industry shift.

VisionPoint Advisory Group is looking to use the giant independent broker-dealer as a base to expand by recruiting more advisors.