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Following news that Merrill Lynch Wealth Management lost several advisor teams to rivals this week, the firm is pushing back with three advisor hires of its own from competing wirehouse firms.

Sudi Mariappa, the former bond head and Managing Director at PIMCO who worked closely with founder Bill Gross, will join GLG, the investment management division of London-based Man Group PLC to manage the firm’s renewed push into fixed-income hedge funds.

Forward has expanded its institutional and intermediary sales forces with a slew of new hires.

Keith Bernard, former Senior Vice President, Marketing and Sales, at Pax World Management, has left the firm, Money Management Executive has learned.

A long-time Vanguard portfolio manager is calling it quits after some 38 years in the business.

Neuberger Berman has named financial services veteran Brendan Gill as its new senior vice president and head of national accounts in its Advisors Solutions Group.

Neuberger Berman Group has appointed Brendan Gill as a senior vice president and head of national accounts in the firm’s Advisor Solutions Group, effective Aug. 30.

William "Bill" Scriba, a former T. Rowe Price treasurer and vice president, died on Aug. 28 at his residence in an assisted-living community in Sunnyvale, Calif., of undetermined causes, the Baltimore Sun reports.

Neuberger Berman has appointed William Proctor as its new vice president and wealth advisor in its wealth management division.

Vincent Leon has joined 3D Asset Management as a National Sales Manager, responsible for overseeing the firm’s sales and marketing efforts to the wirehouse, RIA, retirement/DCIO and sub-advisory channels.

A run down of hirings and promotions, including advisor team Andrew Cappello and Christie Roberts moving to Merrill Lynch from Morgan Stanley.

The two Republican members of the Securities and Exchange Commission said they are not opposed to further reform of the money fund industry, but that changes advocated by Chairman Mary Schapiro "were not supported by the requisite data and analysis.''

Stephen Barbaro, co-portfolio manager of the Columbia Small Cap Value Fund I, is retiring at the end of the year, according to a Securities and Exchange Commission filing.

Alternative mutual fund shop Pyxis Funds has hired John Caron as a regional sales director responsible for wholesaling Pyxis (formerly Highland) mutual funds, closed-end funds and alternative investments throughout New England.

Investment advisory shop Arnerich Massena has promoted Scott Dunbar to managing director of advisory services.

Securities America has hired Denise Morrison as its new chief compliance officer.

Michael Mortensen, the former president and CEO of PNC Investments, will oversee Union Bank's brokerage operation and all the registered representatives.

Fidelity Investments today named Abigail Johnson president of Fidelity Financial Services, consolidating all of the company’s core businesses under her leadership.

Merrill Lynch Wealth Management has snapped up three UBS financial advisors with more than $323.2 million in client assets under management.

Forward has hired a new marketing chief in light of the defection of former president Jeff Cusack to Nuveen Investments.