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Deals & People November 30, 2010
Falcon Named JPAM Retirement Chief
J.P. Morgan Asset Management hired Michael Falcon as Managing Director and Head of Retirement in the U.S. and Canada.
Reported by PLANADVISER staff
A news release said Falcon will be based in New York at the firm’s headquarters and will report to George Gatch, Chief Executive Officer of J.P. Morgan Investment Management Americas. Pam Popp, CEO of Retirement Plan Solutions, and David Musto, Managing Director, DC Investment Solutions, will report to Falcon (see “J.P. Morgan Asset Management Realigns DCIO Teams“).
Falcon has 25 years of experience in personal finance, investments, banking and consumer products. Most recently, Falcon has been managing a financial media and consulting firm founded by NBC’s Today financial editor, Jean Chatzky, as well as serving Knowledgent Group and BrightScope.com as a senior adviser, according to the announcement.
Between 2000 and 2008, Falcon was a senior executive in Merrill Lynch’s Wealth Management business, where he ran the retirement group, providing 401(k), DB, NQDC, IRA, 529, Equity Award and Retirement Planning solutions to corporations, individuals and financial advisers. He began his career at The Chase Manhattan Bank in 1985 and later spent 11 years with Sara Lee Corporation in Chicago, Paris and North Carolina.