Merrill Lynch has hired Carl Swanson, previously of Morgan Stanley, as its head of platform experience within its managed solutions group.
American Century will see the departure of its chief investment officer of multi-asset strategies and disciplined equity on June 30 and as a result will promote two to fill the void.
T. Rowe Price has filed with the Securities and Exchange Commission for a new liquid alternative offering.
Legg Mason chief executive sees fund cuts at one large advice shop as a $14 billion opportunity.
TCW has filed for the TCW Global Artificial Intelligence Equity fund, according to a Securities and Exchange Commission filing.
Wells Fargo & Company will up its stake in Golden Capital Management, taking full control of the business.
Lockwood Advisors and American Funds will offer a new set of managed portfolios, composed of mutual funds and third-party ETFs.
US Trust, Bank of America's private wealth management unit, has made a flurry of hires in 11 different states.
Chicago-based RIA Altair Advisers has appointed David Lin, previously of William Blair, as its director of research.
(Update: Two managers to exit). Franklin veteran Bruce Baughman will step down as a manager of the $18.4 billion Rising Dividends fund and the $1 billion Balance Sheet Investment fund, effective June 30.