Thirty-five percent of clients are expected to complete a conversion by year end, according to a survey of 500 tax advisors, which corresponds with Fidelity figures that showed a surge in investor interest in Roth IRA conversion guidance in January. ...

The ruling was narrow, though, so both industry groups and consumer organizations were pleased with it, according to various news reports. It arose in a case involving Oakmark Funds' manager Harris Associates....

As it nears 12,000 advisors, LPL Financial stands just below Morgan Stanley Smith Barney (18,135 FAs), Bank of America-Merrill Lynch (15,006) and Wells Fargo Advisors (14,961)....

These changes come after former Merrill Lynch executive Robert McCann became head of Wealth Management Americas in October 2009....

Gary Shedlin joined Citigroup in 2004 and has had several high-profile banking assignments since then, including work for BlackRock....

Provident Asset Management made 23 private placements, which were sold to customers through more than 50 retail broker-dealers nationwide, raising over $480 million through about 7,700 individual investments made by thousands of investors. ...

After an extended delay, shareholders will vote on the performance of the board in 2007, 2008 and 2009....

Also, the U.S. Attorney’s office in New York filed criminal charges against Igor Poteroba, a healthcare banker in the Swiss bank’s New York office, and his friend, Aleksey Koval....

UBS has appointed Lukas Gähwiler the CEO of UBS Switzerland and the co-CEO of Wealth Management & Swiss Bank; Gähwiler will take on his function on April 1. ...

The firm has added 22 FAs since the beginning of 2010, giving it a total of 650 advisors nationwide in its private wealth group. ...