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Brokers and financial advisers looking to make more money and have more control over the type of clients they serve and the investments they recommend continued to flood the independent channel at a swift pace in 2010, according to a new Broker and Advisor Sentiment Index survey conducted on behalf of Fidelity Investments.

The Depository Trust & Clearing Corporation said it named former Citigroup operations and technology chief Robert Druskin chairman of its board. Donald F. Donahue remains chief executive officer.

The company has appointed a new complex director in Dayton, Ohio, and added four new financial advisors in Beverly Hills and San Francisco.

Hires Stuttard as the office’s first fixed income portfolio manager.

Curian Capital has hired Mike Petko as divisional vice president, in charge of distribution efforts in the Eastern region. In this position, he will oversee a team of Curian's regional business consultants.

Dan Rebmann joined UBS in March after serving for almost 13 years at Merrill Lynch.

It is imperative to understand what women want, which can be summed up in one word: relationship. Studies show that intrapersonal, relationship-driven factors are key to overall satisfaction.

Morgan Stanley Smith Barney recruited the following advisors from Merrill Lynch. Joseph Viviani and Robert DiGregorio joined in Melville, N.Y. They managed assets of $398 million and generated $2.1 million in production. Rosalie Schlaen and Izhar Shefer joined in Aventura, Fla. They oversaw $177 million in assets and generated $1.3 million in production. David Cohen joined in Melbourne, Fla. He had assets of $150 million and production of $1.6 million. Sam Pyle and Shauywn Smith joined in Woodland, Texas. They oversaw $111 million in generated $2.9 million in production. MSSB also hired Keith Kline from Raymond James in Fort Myers, Fla. He had $73 million in assets and $1.1 million in production.

The investment professionals will work from Citi’s Philadelphia office, focusing on ultra high net worth individuals, foundations, endowments and private business owners.

FSC credited Schafly with stabilizing and accelerating advisor retention.

Rauchle previously was founder and president of Wells Fargo Alternative Asset Management.

U.S. Bank Wealth Management has hired Daniel J. Rauchle as head of investment management in its Ultra High Net Worth Group. In this role, he is in charge of portfolio construction, asset allocation, manager due diligence, risk management and investment communication.

Great-West Retirement Services has appointed Scott T. Waite as regional sales director for 401(k) plans in the metro Detroit and western Michigan market. Waite reports to Scott Barnett, regional vice president.

Elizabeth MacLean and Jason Duko will work at the firm's Newport Beach, Calif., headquarters.

ING announced Friday it hired Orlando R. Cruz as president of its individual retirement investor channel.

ING announced Friday it hired Orlando R. Cruz as president of its individual retirement investor channel.

Jason Schlesinger comes to Baird after three years at Wells Fargo and eight years at Bank of America Investment Securities.

Firm opens second branch since launching in December as part of aggressive growth strategy.

New advisor hires from Bank of America Merrill Lynch this month are part of the firm’s national expansion plans.New advisor hires from Bank of America Merrill Lynch this month are part of the firm’s national expansion plans.

The new Naples, Fla.-based advisors join HighTower after the firm added four BofA Merrill Lynch advisors in Portland, Maine.