John Cahill and Bob Garone have been promoted to directors of business development.
They will be responsible for recruiting experienced advisers to join the firm.
They started at Capitol Securities in 1998 and 2009, respectively.
Virtus Investment Partners
The multi-boutique asset manager has named Paul Greig and Peter Bain as members of the board of directors.
Grieg was interim chief executive and president of Opus Bank, while Bain served as the ex-president, chief executive and director of OM Asset Management.
Voya Investment Management
Barbara Reinhard has been promoted to portfolio manager for the Voya IM’s Target Date funds.
Effective from 30 September 2019, she will take on the role in addition to her current one as head of asset allocation.
GCG Wealth Management
The wealth business affiliated to Woodbury Financial services has recruited five advisers for its Greensboro, North Carolina office.
The newly hired advisers are: George Harris, Shell York, Billy Ricketts, Clay Craven and Garrett Mullins.
The financial advisory firm based in Boston, Massachusetts has acquired Lake Avenue Financial, a hybrid financial planning firm based in Pasadena, California for $160m (£130m, €146m).
Lake Avenue founder Alex Chalekian will keep leading his team while taking on the role of head of practice acquisitions for the overall firm.
The independent advisory and brokerage firm has recruited Mooney Lyons Financial Advisors, of South Barrington, Illinois, to join its platform.
The Illinois firm has $320m in client assets and specialises in financial planning for individuals and families.
Greg Scheider, Mooney’s chief operating officer, said that the company’s goal is to grow across the Chicago area and throughout the Midwest.
The Toronto-based multi-family office has chosen wealth manager platform provider Dlglt to manage its wealth advisory business.
Forthlane Partners provides family office services to ultra-high net worth (UHNW) families.
The platform provides business management services, such as client onboarding, reviews, and portfolio management.