PENSCO launched PENSCO SuccessorCustodian.
ING U.S. hired Rich Linton as president of Individual Markets.
J.P. Morgan Asset Management, with alliance partner FASCore, launched an offering to provide recordkeeping solutions to the small to midsize retirement plan market.
Morningstar launched Annuity Intelligence, which evaluates variable annuities and gives data on more than 100,000 annuity subaccounts and 1,950 annuity contracts.
Cambridge Investment Research Inc. selected Fiduciary Benchmarks to meet ERISA’s 408(b)2 disclosure regulations, slated to go into effect July 1.
National Financial Partners Corp. (NFP), a provider of benefits, insurance and wealth management services, said Friday it had begun implementing a management succession plan.
Study finds high-net-worth investors confident in advisers, who are also "bullish" about market.
Vestmark announced the introduction of comprehensive compliance solutions for fee-based accounts within its unified wealth management platform, VestmarkONE.
The Advisor Solutions Group at Neuberger Berman LLC added 11 senior regional directors in 10 new regions as it looks to expand its mutual funds business among wirehouses and regional broker/dealers.
After the Financial Industry Regulatory Authority (FINRA) ordered Merrill Lynch to pay $10.2 million in deferred compensation and punitive damages to two former brokers in Florida, the brokerage firm said it would appeal the decision.
CAPTRUST has added four retirement industry veterans to its team of advisers and opened an office in Kansas City.
The Principal Financial Group has entered a retirement plan sales alliance relationship with Edward Jones.
Raymond James has formed a partnership with Actiance to provide its financial advisers access to social media tools including LinkedIn, Facebook, and Twitter.
Dan Dubois and Darin Wassmann have joined the Retirement Benefits Group (RBG).
Summit Financial, led by founder and managing partner Joseph Bonasera, is joining the Commonwealth Financial Network.
Retirement Plan Advisory Group (RPAG), a retirement plan practice management firm, has developed training videos for its adviser members.
John Hancock Financial Network (JHFN) is planning to launch a retirement income program for its advisers, called Retirement Ready.
In an internal memo released today, Andy Seig announced the reorganization of the Global Investment Solutions (GIS) and Retirement Services (RS) teams to form Global Wealth & Retirement Solutions (GWRS).
HighTower, a national financial services company serving high-net-worth and institutional clients, has added The Leventhal Group, based in Bethesda, Maryland, to its network.
UBS, the largest Swiss bank, announced plans this week to cut about 3,500 jobs, or 5.3% of its workforce.