Deals & People

Pyramis Global Advisors, a Fidelity Investments company, hired Mike Jones as its president and CEO.

 MassMutual's Retirement Services Division promoted John Budd and added Brian Mezey to its sales and client management organization.   

Great-West Retirement Services appointed Troy Testa as regional sales director for Michigan.

Aequitas Capital Management added two executives at its Portland headquarters.

Erado announced a multi-year agreement to provide social media compliance services to M Holdings Securities Inc. (M Securities), the broker/dealer of M Financial Group.

Michael Hall joined Lincoln Financial Distributors, the wholesale distribution subsidiary of Lincoln Financial Group, as national sales manager for Institutional Retirement Solutions Distribution (IRSD). 

Pensionmark Retirement Group has added team members.  

Prudential Investments expanded its defined contribution business by establishing a new Southwest sales division.

Pacific Resources—a nonmedical employee benefits advisory firm—was purchased by two of its senior executives.  

F-Squared Investments appointed Mark Marinella as head of investments. 

 Envestnet Inc., a provider of wealth-management solutions for financial advisers, is acquiring Prima Capital Holding Inc.   

Beirne Wealth Consulting LLC (BWC) launched as an independent registered investment adviser (RIA).

Great-West Retirement Services appointed Cheney Hunt as regional sales director for San Diego, California.  

CAPTRUST has added four retirement industry veterans to its team of advisers and opened an office in Kansas City.

Goldman Sachs Asset Management (GSAM) is acquiring Dwight Asset Management (Dwight) from Old Mutual Asset Management (OMAM).  

Tom Nally was appointed president of TD Ameritrade Institutional, the firm’s business unit serving independent registered investment advisers (RIAs).  

J.P. Morgan Asset Management hired Roberts Grava as managing director in its Strategy Group. 

Segal Advisors acquired the business of Rogerscasey. 

P-Solve completed the merger of its U.S. subsidiary with Cassidy Retirement Group (CRG).

Retirement Plan Advisors (RPA) appointed Vernon Kempker as vice president of finance and operations in its Jefferson City, Missouri office.