Deals & People

Rick Capozzi Jumps from Merrill to Morgan

Morgan Stanley Global Wealth Management Group (GWMG) announced that, this July, Rick Capozzi will join the firm as a Managing Director and National Sales Manager.

Fiserv ISS Sold to TD AMERITRADE

Fiserv, Inc. has announced the signing of definitive agreements to sell its Fiserv Investment Support Services (Fiserv ISS) operations in two separate transactions.

Hylant Financial Services Joins NRP

Toledo, Ohio-based Hylant Financial Services is the latest company to become a member firm of National Retirement Partners (NRP).

New PE Firm Launched by Pacific Corporate Group Execs

Three private equity executives have formed a new firm, Leucadia Capital Partners LLC (LCP), to provide customized private equity investment management and advisory services to institutional investors.

HSBC To End 401(k) Services

HSBC Bank USA N.A. has notified customers that it will cease providing 401(k) services by year's end.

Sterling Bancshares to Acquire MBM Advisors

MBM Advisors, Inc., a Houston-based investment advisory and pension administration and consulting firm, is to be acquired by bank holding company Sterling Bancshares, Inc.

Changes In Fidelity's Ranks

Fidelity Investments’ Vice Chairman and Chief Operating Officer Robert L. Reynolds announced his departure today.

BGI Creates New Client Segment Strategist

Dodd F. Kittsley, previously the director of the Strategy and Research Group for State Street Global Advisors (SSgA), has joined Barclays Global Investors (BGI).

Piper Jaffray to Acquire Money Manager

Piper Jaffray Companies announced the signing of a definitive agreement to acquire Fiduciary Asset Management, LLC, a St. Louis-based investment management firm, for approximately $66 million in cash.