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J.P. Morgan Asset Management has hired Benji Baer as managing director and chief marketing officer, reporting to Richard Chambers, chief marketing officer for J.P. Morgan Investment Management Americas. Baer will also serve as a member of the senior management team for Michael Falcon, head of retirement for J.P. Morgan Asset Management.

On Monday Bank of America Merrill Lynch announced that Cathy Bolz was hired to the Institutional Client Relationships leadership team as an Executive Client Relationship Manager, reporting to Kevin Crain.

Although the unemployment rate in the U.S. is 9%, three-quarters of broker-dealers and registered investment advisors plan to hire in the next 12 months, and they plan to boost their staff by an average of 30%, Fidelity Investments found in a survey.

Sean Foley has been promoted at fund administrator Butterfield Fulcrum and wealth management reporting firm FORS Limited to chief financial officer and chief administration officer.

Craig M. Lewis has been named chief economist and director of the Division of Risk, Strategy, and Financial Innovation at the Securities and Exchange Commission.

The unit of Bank of America Private Wealth Management said Wednesday that it hired Greg Khost as a managing director and regional executive in Florham Park, N.J., Donald R. Quattrucci, as a managing director and market investment executive in Rhode Island, and Nancy E. Anderson, as a senior vice president and private client advisor in Minneapolis.

Bank of America has hired Morgan Stanley's chief information officer of enterprise infrastructure, David Reilly, away to be CTO of B of A's Global Wealth and Investment Management team.

Frank LaRosa, a senior vice president and office manager at Morgan Stanley Smith Barney’s Philadelphia branch has been terminated, a firm spokesman confirms.

The new recruits previously handled $1.5 billion in assets under management at Bank of America Merrill Lynch, Citi Private Bank, Morgan Stanley Smith Barney and Oppenheimer Holdings.

Myriam Soto and Douglas Schaenen will serve in new managing director roles, working to help expand BNY Mellon’s international wealth management business.

Shawn Liebel and Kevin Forney join Morgan Stanley from UBS, while Robert Coloret and Mark Delmar join from Ameriprise.

BNY Mellon has hired Mitchell Harris as president of its investment management division.

Morgan Stanley’s Steven W. Stroker will lead Baird’s wealth management offices in the central region.

Citigroup has hired Doug Baird, a Bank of America executive, as chairman of equity capital markets for the Americas.

BNY Mellon announced Monday it hired Mitchell Harris as president of its investment management division.

BNY Mellon announced Monday it hired Mitchell Harris as president of its investment management division.

ETF Securities Marketing has expanded its U.S. sales team with the hiring of Josef Valdman and Justin Levantino.

Baird announced on Monday that it added a team of four to its Portland, Oregon wealth management office.

Warren "Bud" Wilson, John Kwiatkowski and Valerie D’Addona have formed the Greenbrier Wealth Management Group for Raymond James and established a practice in Raymond James & Associates’ Westlake Village branch.

Janus Chief Financial Officer Greg Frost, will leave the firm on or around Aug. 1 and will be replaced by Bruce Koepfgen, who will join the firm in the beginning of June and succeed Frost in early August.