Amy Butte resigned as CFO and executive vice president of the New York Stock Exchange, effective May 31. Butte, who joined the exchange in February 2004, will help the NYSE through the merger integration process with Archipelago before she leaves. Prior to joining the NYSE, Butte helped lead the development of Credit Suisse First Boston's global asset-gathering division and the sale of its correspondent clearing business.

Wachovia Corporation's Chief Financial Officer Bob Kelly said he is stepping down to become chairman and chief executive of Pittsburgh-based Mellon Financial Corporation.

Raymond James Financial Services has named John Houston managing director of its Financial Institutions Division. Houston had served as national sales manager for the division since 2002.

UBS Financial Services has hired Frank Savage, a broker from Citigroup's Smith Barney with trailing 12-month production of over $3 million in revenue. His team at Smith Barney had over $2.5 billion in assets under management.

Kevin Rooker has joined H&R Block Financial Advisors to lead its business development unit. Rooker, 58, was most recently a senior vice president at JPMorgan Chase.

Morgan Stanley has signed on Louis Riccardi, a broker with almost $1.3 million in production, from Wachovia Securities. Riccardi managed $76 million in client assets at Wachovia's Morristown, N.J. branch.