GlobalBridge,a Minneapolis-based provider of separately managed accounts for trust banks and wealth advisors, announced the selection of Pelorus Advisors as its exclusive provider of hedge fund operational due diligence.
Kelly Coughlin, CEO of GlobalBridge said, “Operational transparency and hedge funds are two terms we seldom see together. GlobalBridge has always insisted on full operations [...]

Olympus Managed Health Care Inc., a leading provider of health care claims administration and cost containment services, announced today that Steve Stoute, a veteran insurance industry executive, has been appointed to the company’s Board of Advisors. The Board establishes and manages the strategic direction of the company.
Stoute brings nearly 50 years of insurance industry experience [...]

Global Strategic Advisors announced today that it has developed a joint venture relationship with HGA-BVI and its affiliates to further build on their relationship in providing alternative risk transfer and captive insurance educational services on a global basis.
Alternative Risk Transfer is the execution of techniques outside of traditional insurance and reinsurance to provide risk-bearing entities [...]

The Center for Health Value Innovation, the nation’s premier organization dedicated to establishing value and producing evidence for sustainable health and financial improvement, announces Andrew Webber, president and CEO of the National Business Coalition on Health (NBCH), and Clare Miller, director of the Partnership for Workplace Mental Health, will join the Center’s Board of [...]

Grail Advisors, an innovator in the development and distribution of active Exchange Traded Funds (ETFs), has filed a registration statement for two new actively managed ETFs, the Grail American Beacon Large Cap Value ETF and the Grail American Beacon International Equity ETF. The funds represent the industry’s first actively-managed ETFs in the equity space using [...]

Kingsway Financial has announced that the Company and its Board of Directors (”Board”) will be working with both Houlihan Lokey and Scotia Capital as co-financial advisors. In that regard, Houlihan Lokey and Scotia Capital will provide independent financial advice to the Company and its Board on matters which may arise over time. The Company also [...]

Smarsh®, a leading managed service provider of innovative, secure and reliable archiving and compliance solutions, has introduced smarshCRM, its state-of-the-art, Web-based customer relationship management (CRM) service designed for financial advisors and other sales professionals with long-term, relationship-based practices.
smarshCRM is a high-touch, client-centered, total workflow solution that systematically creates, simplifies, and facilitates the advisor’s practice management [...]

After thorough review of multiple agency management platforms, AgencyWorks receives a formal endorsement from National Brokerage Consortium (NBC) as the common platform of choice for all NBC members.
According to NBC Secretary Pete Caneer, “In world, insurance companies are looking for efficiencies from the national marketing organizations (NMOs) they deal with. If an NMO adopts a [...]

Morgan Stanley Smith Barney announced that Jonathan Madrigano, Director of Wealth Management, has achieved the company’s prestigious Family Wealth Director title.
Jonathan Madrigano will continue educating principals of private companies that are pre-IPO, private business owners who face near term appreciation events or business succession issues and clients whose wealth has the potential to change the [...]

The National Center for Regulatory Reform, developed by attorneys deeply involved in representing the victims of the federal and state governments’ failure to regulate the financial and insurance industries, today expressed its concerns that the new regulations proposed by the current administration will do more harm than good.
Under the plan, the government would have new [...]