Kelmoore Investment Company has promoted Rob Atkins to product manger. He will work with key distribution firms and Kelmoore's sales department on sales and marketing initiatives.


Trading started on Vanguard's new Total Stock Market VIPERS exchange-traded share class (symbol VTI). The ETFs will sport an expense ratio of 15 basis points


New York Life Investment Management has added three money market funds, Prime Cash, Treasury Cash, and U.S. Government Cash targeted at corporations, financial intermediaries and other institutional investors. The funds feature a management fee structure that declines as assets increase.


Bank of America hired five financial experts for its Private Bank unit in St. Louis. The five are: portfolio managers David Bailey and Kevin Boschert, private financial advisor David C. Johnson, and Jane Mohme and Brendan Freeman, client relationship managers.  

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