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HighTower Advisors has snapped up Morgan Stanley Smith Barney branch manager Ann T. Rieder in the latest acquisition for its targeted national hiring spree.

Prudential Financial has named David A. Hunt chief executive officer of Prudential Investment Management, in charge of all of its asset management businesses-including public fixed income, real estate, public equity, private fixed income, mutual fund and wealth management business. Hunt will start his position Nov. 9.

The Investment Company Institute has named Gregory Johnson, president and chief executive officer of Franklin Resources as chairman for a one-year term. As chairman, Johnson will oversee ICI’s board of governors, which sets policies and oversees the institute.

Frank Roccisano has been named complex manager in Kentucky and West Virginia at Morgan Stanley Smith Barney.

The Investment Management Consultants Association appointed Elizabeth Piper-Bach, CFP, as chair of its 2012 board of directors. She leads a slate of four new officers and four new board members for the new term.

Morgan Stanley Smith Barney has hired four new financial advisors from Bank of America Merrill Lynch and RBC Dain Rauscher.

Financial advisor Cheryl Peschke has moved to Raymond James & Associates from Morgan Stanley Smith Barney after finding the firm’s values were a match for her practice.

In our second annual Influencer Awards, Financial Planning honors six advisors whose innovative ideas and wide-reaching work are forging new paths for the planning industry. Here’s an interactive slideshow highlighting this year’s honorees.

Northern Trust has named Marie Dzanis senior vice president and head of exchange-traded fund sales and servicing, in charge of the firm's FlexShares exchange-traded funds unit.

Independent investment and wealth management firm Carson Wealth Management has hired Kevin Zemann as its director of compliance.

Bank of America Merrill Lynch hired Wells Fargo advisor Adam Gurien in Bedminster, N.J. Gurien had $283.3 million in AUM and $3.1 million in annual fees and commissions.

The director of the MetLife Mature Market Institute discusses how financial advisors can best serve baby boomers.

Cantor Fitzgerald named Jeffrey Lumby as its head of equity capital markets where he’ll be continue to oversee the firm’s Controlled Equity Offering product as well as a variety of equity linked origination and execution responsibilities on behalf of the firm’s clients.

As Bank of America Merrill Lynch continues to streamline its business, it has created a new global wealth and retirement solutions organization, said Andrew Sieg, who heads the new unit, in an internal memo to employees on Friday.

Atlantic Fund Services has hired Marianne K. Smythe, former director of the division of investment management at the Securities and Exchange Commission, as an analyst of mutual fund products and other pooled investments. Smythe also worked at the SEC's division of market regulation, was deputy director of the Commodity Futures Trading Commission, taught law and was assistant provost at the University of North Carolina at Chapel Hill and was a partner and head of the investment management practice group at Wilmer Cutler Pickering Hale and Dorr. Smythe will continue as an independent trustee for The Rohatyn Group of Funds.

Bank of America Merrill Lynch wealth management executive John Thiel unveiled a new plan that restructures the firm’s U.S. wealth management business in a memo to employees on Wednesday.

When financial advisor Jeff Leventhal left UBS Financial Services for HighTower Advisors earlier this month, the decision was as much about serving his clients as the direction in which he saw the entire wealth industry headed.

Morgan Stanley Smith Barney has hired a two-member Morgan Keegan & Co. financial advisor team, Peter Korcusko and Frank Colucci, in Clearwater, Fla.

Schroders has hired David Jodka as national sales manager of U.S. intermediary distribution, overseeing a team of 11 sales professionals, seven of whom are external wholesalers. Jodka reports to Carter Sims, head of U.S. intermediary distribution.

Our discussion boards have been pretty heated over the past week, as readers have debated whether or not moving up the Wall Street corporate ladder is harder for women than for men.