Tag: Broker/Dealers

Bonnie Baker has joined Lincoln Financial Distributors as relationship manager for the Institutional Retirement Solutions Distribution (IRSD) consultant channel, focused on wirehouses.

The Morgia Group has joined HighTower, an open-source, adviser-owned cooperation of established practices specializing in high-net worth and institutional clients.   

There has reportedly been a settlement reached in a lawsuit alleging that the bank’s Merrill Lynch unit discriminated against women,

Kristen Whisnant has joined NFP Securities, Inc. as senior vice president, Advisory & Investment Services.

The Retirement Plan Advisory Group (RPAG) updated its adviser-centric Web site, Knowledge Center, with improved navigation and document storage.

Merrill Lynch's “Affluent Insights Quarterly Survey” finds although affluent Americans are feeling more financially secure this year than last, 61% are expecting to retire later than originally planned.

A new J.D. Power and Associates study showed financial adviser sentiment towards their firms has stabilized in 2010, after a rocky few years.

Royal Alliance Associates, an independent broker/dealer, hired Kevin Beard as Senior Vice President of Recruiting. 

Tom Fickinger was appointed head of Financial Advisor Strategy, a newly created role, at Merrill Lynch.   

Genworth Financial Wealth Management (GFWM), a subsidiary of Genworth Financial, has hired Michael Kim as senior vice president of business and channel development.

A 25-piece kit from Bank of America (BofA) Merrill Lynch is designed to help financial advisers deliver flexible retirement and benefit plan services to corporate clients.

Dick Darian has joined the iShares 401(k) team at BlackRock.

The “Model Manager Exchange” (MMX) currently features 150 portfolios from 35 financial professionals.   

The benefits, insurance, and wealth management service provider will now be known as NFP.

The September issue of The Cerulli Edge: U.S. Asset Management Edition addresses how asset managers are utilizing new techniques to increase access to advisers.

John Hancock Financial Network (JHFN) has launched an effort to expand growth through its retirement planning platform and has hired industry veteran Bruce Harrington to lead the effort.

Morgan Stanley Smith Barney (MSSB) has appointed Managing Director James F. Walker to lead the Consulting Services Group.

Arthur J. Gallagher & Co. has acquired Old Greenwich Consulting Group based in New York, after acquiring Benefits Unlimited in early August.

Ed O’Connor has joined Morgan Stanley Smith Barney as managing director and the head of Retirement Services.

The Financial Industry Regulatory Authority (FINRA) has fined Merrill Lynch $500,000 for failing to provide sales charge discounts to customers of eligible purchases of Unit Investment Trusts (UITs).