Industry

The former senior vice president for Salesforce will lead the Client Relationship Group starting in January.

Harris, 59, had been chair of the Morgan Stanley Foundation from 2005 to 2014. She will be a senior client advisor.

The Onyx Advisor Network was founded by Berknell Financial Group founder Dasarte Yarnway and Gen Next Wealth founder and CEO Emlen Miles-Mattingly, who hope the platform will offer advisors community, compliance and custodial services.

During a year when ever-larger RIAs are being acquired, Hightower says it reached a deal with 6 Meridian, a $1.8 billion AUM firm in Wichita, Kan.

'This gives us an opportunity to provide wealth management services to what may be around 1 million participants in 401(k) plans all over the country,' Mallouk says.

Credit Suisse also appointed investment bank chief Christian Meissner to run the Americas.

The New Orleans-based broker-dealer and RIA will come onboard as an office of supervisory jurisdiction and retain its brand when joining with the Dallas-based Prospera.

FNZ's infrastructure is used by more than 150 banks, asset managers and life insurers to oversee more than $1.5 trillion in assets. 

The teams cumulatively manage more than $560 million in assets and are based throughout the Lone Star State.