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Deals & People November 29, 2010
Great-West Adds Staff to Grow TPA Business
Great-West Retirement Services appointed Julie Costello as a
third-party administration (TPA) relationship manager for the west
region.
Reported by PLANADVISER staff
In this newly created position, Costello is responsible for maintaining existing TPA relationships as well as growing Great-West Retirement Services’ TPA-supported 401(k) business. She reports to Tom Connolly, vice president, business development.
According to a press release, prior to joining Great-West Retirement Services, Costello served as an investment associate for six years at Sheakley, a payroll and human resource outsourcing firm. She also gained expertise as a TPA regional manager for ING North America and worked for nine years at Paychex as a sales consultant.
The announcement said Great-West Retirement Services has almost tripled its percent of sales with TPAs from 22% in 2007 to 65% through August 2010.