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Ivy Asset Management, the embattled hedge fund of funds is shedding one of its most prized assets as it prepares to close down—Patrick Thomson.

After joining Weiss Group as chief executive officer last week, Thomas J. Clarke, Jr. gets to have direct hands-on experience in expanding a wealth management firm, where he sees big opportunities for growth.

Rockefeller Financial has named Reuben Jeffery III chief executive officer.

In an effort to improve its fixed income offerings, BlackRock Inc. announced Thursday it promoted Rick Rieder to chief investment officer of fixed income, fundamental portfolios.

BNY Mellon Asset Management has tapped Curtis Arledge, the former CIO of fixed-income at BlackRock, to take the helm and lead its business on a permanent basis.

Natalie Cohen was hired to study muni bonds as head of the research and economics department.

BNY Mellon Asset Management has tapped Curtis Arledge, the former CIO of fixed-income at BlackRock, to take the helm and lead its business on a permanent basis.

Rieder succeeds Curtis Arledge, who has been CIO since the first quarter. Arledge recently became CEO of BNY Mellon Asset Management.

Morgan Joseph, a New York City headquartered full service investment bank, has added four new managing directors to its institutional equity marketing group.

Bank of America Merill Lynch has just announced that David Tyrie will be the latest addition to its advisoe force. He will lead the personal retirement solutions business. He will report directly to Andy Sieg, head of retirement and philanthropic services division.

David Tyrie will report directly to Andy Sieg, head of retirement and philanthropic services division.

Alexander Classen left MSSB after four years with the company.

HighTower CEO says there will be more moves to come.

UBS Wealth Management Americas hired two executives from Goldman Sachs and Bank of America Merrill Lynch to oversee mortgages and other loan options for affluent clients.

UBS Wealth Management Americas hired two executives from Goldman Sachs and Merrill Lynch who will oversee mortgages and other loan options for affluent clients.

Bank of America Corp. announced Tuesday it hired Lisa Shalett as chief investment officer of Merrill Lynch Global Wealth Management and head of investment management and guidance.

Ma-Apfel joins a pair of recent big hires from major custodians.

Fidelity Investments is seeing a definite increase in the number of “breakaway” brokerage teams going independent.

Eleven-year veteran with the company begins new appointment immediately.

Sica goes independent, executive changes at Citi and Hartford plus more of this week's personnel moves.