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Investment banking and brokerage firm Stephens Inc. has named John Baumgartner managing director and co-head of equity capital markets.

Bill Miller will cede his position as chief investment officer of Legg mason in April. Sam Peters will become CIO and take over as portfolio manager of the $7.4 billion Value Trust fund. Peters will also become lead manager on the Value Equity strategy. However, Miller will remain chairman of Legg Mason continue to run its Opportunities trust.

Cetera Financial Group CEO Valerie Brown shares four lessons she said have had great impact on both her business and her life during the Women Advisors Forum in Huntington Beach, Calif.

Mirae Asset Global Investments, a specialist in emerging markets, has named Peter Graham president of the Mirae Asset Discovery Funds, responsible for overall strategies and progress towards its goals.

The Financial Planning Association this week elected Michael Branham as its new president-elect and added three new board members.

Putnam Investments has named industry veteran Stephen Jenks head of products and marketing for its defined contribution business.

DataContent has teamed up with UK recruitment agency IT Human Resources to create an executive search partnership specializing in market data.

JP Morgan Chase & Co. has named Viswas Raghavan its new global head of equity capital markets. At the same time, Andy O’Brien and Jim Casey become co-heads of global debt capital markets.

Investment banking and brokerage firm Stephens Inc. has named John Baumgartner managing director and co-head of equity capital markets.

Wells Fargo Advisors hired a father-son advisor team in Oak Brook, Ill. from UBS Financial Services. Robert Iorii, Sr. and Robert Iorii, Jr. , who joined on Oct. 14. Iorii Sr. oversaw $49.83 million in client assets and had $617,219 in annual fees and commissions. His son had $99.65 million in client assets under management and $1.26 million in annual production.

Almost 30% of households with more than $5 million to invest are using four or more advisors.

The head of Merrill Lynch U.S. Wealth Management and the Private Banking and Investment Group discusses his 22 years in the securities business.

UBS financial advisors take on 10 emerging entrepreneurs.

Putnam Investments has named industry veteran Stephen Jenks head of products and marketing for its defined contribution business.

Putnam Investments has named industry veteran Stephen Jenks head of product and marketing for its defined contribution business.

Confluence, NICSA, Genworth Financial

Barclays Wealth announced the hiring of six advisors in its Boston, New York, Dallas and Miami offices. The new hires all have backgrounds serving high net worth clients, Barclays said in a press release Friday.

The Mutual Fund Directors Forum has named Susan Ferris Wyderko as president and chief executive officer, replacing Forum founding President Allan Mostoff, who will retire on Dec. 31.

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.

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.