Wealth management

UMB Financial Corp. doubled its health savings account business last year, and the president of its health care services unit said he is confident his company can continue to develop as larger banks enter the business.

Evergreen Investments Co., Wachovia Corp.'s asset management arm, announced last week the initial public offering of the Evergreen Global Dividend Opportunity Fund. Shares began trading Wednesday.

Phoenix Investment Partners Ltd. of Hartford, Conn., the investment management subsidiary of Phoenix Cos. Inc. of Hartford, announced Thursday it hired David L. Meyncke as a senior vice president and regional investment consultant for the Florida region.

Hartford Financial Services Group Inc. of Simsbury, Conn., has added two executives to its operations in Japan.

The investment manager Amvescap PLC of London announced Thursday that Robert H. Graham has stepped down as vice chairman of the board of directors and retired.

Hartford Financial Services Group Inc. promoted Kim Johnson to senior vice president for investor relations.

Phoenix Cos. Inc. of Hartford, Conn., has a new flexible premium universal life insurance policy, Phoenix Indexed UL.

Wells Fargo Insurance Services of Chicago has opened its first Milwaukee office, offering commercial and employee benefits insurance programs and services.

Bank Investment Consultant

Scottrade Inc. of St. Louis announced Tuesday that it will open a branch office in Manchester, Conn., on April 2.

The retail broker-dealer LPL Financial Services has hired away PNC Wealth Management's chief investment strategist, Jeffrey Kleintop.

Haier New York Life Insurance Co. Ltd., a Shanghai joint venture of New York Life Insurance Co. and Haier Group of China, named Xiaoxia Zhao as its new president and chief executive officer.

Sun Life Financial Inc. said it will streamline its insurance brands in Canada.

Maurice "Hank" Greenberg, the former chairman of American International Group Inc., has launched a private-equity joint venture with CITIC Securities, a Chinese securities firm.

State Street Global Advisors, State Street Corp.'s investment management arm, launched six exchange-traded funds that focus on emerging markets.

Catalpa Capital LLC, a New York hedge fund company, opened last week.