Deals & People

AllianceBernstein hired Edmund Grant as a managing director for business development and client services for institutional investors.

Pershing, a BNY Mellon company, has increased its presence in Australia by acquiring Penson Worldwide's Australian operations.

Key product lines of Financial Research Corporation (FRC) have been acquired by Asset International, Inc. to form a new division of Strategic Insight. 

The day after launching his own mergers and acquisitions consulting firm, Dave DeVoe hit the road to meet with his first client.  

David Longfritz has been selected as the first Chief Marketing Officer at John Hancock Financial.

TIAA-CREF's chief investment officer (CIO),  Ed Grzybowski, will be retiring; a search for his successor is under way.

New hires in Texas and Florida have made Bank of America reach its goal of having more than 1,000 Merrill Edge Financial Solutions Advisors (FSAs) nationwide by the...

Garnett Retirement Group, with offices in Tampa, Florida and Greenville, North Carolina, has joined Pensionmark Retirement Group.

ASPire Financial Services has hired Eddie Griffin as Regional Director of Sales in the Northeast Region.

Allianz Life Insurance Company of North America named Carsten Quitter as its new chief investment officer.

Gregory McGreevey will join Invesco as head of Invesco Fixed Income. 

CEM Benchmarking Inc. hired Jonathan Epstein as director, U.S. Territory.  

Security Benefit Corporation, a Guggenheim Partners Company, has chosen Mesirow Financial to provide its customers with independent fiduciary services.

Jensen Investment Management announced appointment of Monte Mitchell as director of sales. 

Sapient Private Wealth Management, an independent registered investment adviser (RIA), has joined the Focus Financial network.  

Rogerscasey has hired Peter Gerlings as Managing Director, Investment Solutions.

Janus Capital Group chose Fidelity Investments to provide it with a defined contribution plan, a non-qualified retirement savings plan, and stock plan services. 

Lincoln Trust Company has completed the acquisition of Fringe Benefit Administrators (FBA), a third-party retirement plan administrator. 

Lincoln Financial Distributors (LFD) and Primerica, Inc. have formed a strategic alliance.  

Phyllis C. Borzi, assistant secretary of the Department of Labor’s Employee Benefits Security Administration (EBSA), announced five appointments to Senior Executive Service positions within the agency.