Experts cite CRM, document management, web portals, integrated adviser platforms and RSS as areas of expected growth.
Jason Kavanaugh, who purchased the shares, is an executive with Questar Capital Corp.
The hedge fund run by RK Capital Management of London lost 22% in November as copper prices fell.
The wealth-management firm will launch an open-architecture platform with O.N. Investment Management Co.
The November rise marks the largest monthly increase in two years, according to a Department of Labor report.
Investors Capital Advisory Services, the registered investment adviser of Investors Capital Holdings, has formed a strategic partnership with Biondo Investment Advisors, an institutional money manager.
A 37-year veteran of the life insurance industry, Daniel J. Toran, 59, spent 12 years with the Horsham, Pa.-based company.
The House approved legislation that would shield millions from the AMT by raising taxes on hedge fund managers.
The producer price index increased 3.2% in November, as energy prices hit a record high according to a Department of Labor report.