Linda Pardini and Douglas Wulbrecht, who were previously with Wells Fargo Advisors, will report to the complex headed by Nathan Clakley.

Katrina Sherrerd is being promoted from COO to president and CEO.

Dodge & Cox and Charles Schwab Corp have the highest share of female portfolio managers, according to Morningstar Research.

The Springfield, Massachusetts-based insurer is working with advisers to evaluate a sale, a process that is at an early, informal stage.

As many advisors prepare to become free agents, they’re wondering what happened to the firm they expected to be their last and if it’s too soon to consider another.

Bill Gross’s Janus Henderson Global Unconstrained Bond Fund ended July at $1.25 billion, down almost $1 billion from its peak in February.

There were more than 4,100 small firms registered with FINRA in 2013. Now there are 3,700.

The move is the latest in the commoditization of investing, pushing advisors to prove their worth and earn their fees in areas other than portfolio management.

Adam Nash has been hired by Dropbox as VP of Product.