Mark Donohue and Gordon Sommer, who managed $1.1 billion at Morgan Stanley, have joined J.P. Morgan Wealth Management.
Donohue will work in Palm Beach Gardens, Florida, along with two associates, and Sommer will be based in New York.
Donohue, who had been with Morgan Stanley for nine years, started his securities career in 1982. Sommer had also been with Morgan Stanley for nine years and started his securities career in 1981.
MyVest and Vestmark have also unveiled strategic partnerships aimed at helping advisors and RIAs bring personalization to more clients.
Wealth management unit sees inflows of $23 billion.
Deal will give US investment bank a foothold in lucrative European market.
New report examines the impact that the initiative has had on philanthropy.
Few feel confident that they will meet their retirement goals.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
