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Both will report to Andy Saperstein, MSSB's head of wealth management in the United States.
July 20 -
Comerica Bank has asked Dennis Johnson, a 30-year industry veteran, to assist in developing investment strategies for its asset management division.
July 20 -
The company has snatched two more advisors from Morgan Stanley Smith Barney.
July 19 -
JPMorgan Asset Management has named George Gatch, currently CEO of its mutual funds business, as the new head of investment management services for the U.S. and Canada. He is effectively replacing Eve Guernsey, who is retiring, the firm confirmed Monday.
July 19 -
The securities industry added almost 7,000 jobs in June, and revisions to the previous months’ figures mean there were 4,000 more positions created than had been reported at the time, according to BrokerHunter.com’s latest Employment Trends report.
July 16 -
The team of four advisors generated $3 million in fees and commissions in the last 12 months and managed $558 million in client assets.
July 15 -
A new executive at JHS Capital looks to expand into South Carolina, plus more people on the move for the week.
July 15 -
Baird announced Thursday it hired Bill Welsh to head its San Francisco wealth management office. With the addition of Welsh, the firm has boosted its ranks by 36 advisors and branch managers since the beginning of the year.
July 15 -
Barclays Wealth plans to expand in the next five years. Wednesday, it announced it hired Stefanie Drews as managing director of ultra-high-net-worth for the United Kingdom and Europe, Middle East and Africa.
July 15 -
Despite the hire, recruiters say the firm has an uphill climb to lure others.
July 15 -
Move follows dispute over sale of Asian life unit.
July 15 -
JPMorgan Chase on Wednesday named Jeff Urwin and Kevin Willsey new co-heads of investment banking for the United States and Canada, according to an internal memo obtained by IDD.
July 15 -
Joan McKown, who has worked for the SEC since 1986, plans to join Washington-based law firm Jones Day.
July 14 -
Thomas G. McLoughlin is stepping down from his role as president and chief executive officer at National Public Finance Guarantee Corp. to join UBS Financial Services as head of its municipal research division.
July 14 -
Deutsche Bank hired Jeffrey Mayer as head of global markets for North America, managing the banks sales and trading business in the region, the bank said Tuesday.
July 14 -
JPMorgan Asset Management has named George Gatch, currently CEO of its mutual funds business, as the new head of investment management services for the U.S. and Canada. He is effectively replacing Eve Guernsey, who is retiring, the firm confirmed Monday.
July 13 -
Mark H. Kordes, who had led wealth planning services in the U.S. for UBS, left the firm last week, company officials confirmed Tuesday.
July 13 -
Charles Boucher is leaving his post as chief information officer of the Securities and Exchange Commission, after 19 months.
July 13 -
Fiduciary Trust Co. International continued its aggressive hiring spree, adding Mary Davey and Lisa Marcus as senior relationship manager and business development officer, respectively.
July 12 -
Financial services companies have added some 2,000 jobs since layoffs peaked in February of this year, The New York Times reports. And while it may seem as if Wall Street jobs took the biggest hit in the recession, the industry has actually been pretty resilient. Since June 2008, jobs in financial services have dropped by 8.5%. By comparison, construction jobs decreased by 22%, and manufacturing employment fell 14%.
July 12




