Deals & People

Prudential Retirement has reorganized its business to integrate its product, service and operations teams into three business lines.

Former JPMorgan Chase trader Damien Bombell has started a hedge fund to invest in metals, grains, and energy, reports Business Week. 

Mary Read has joined Alliance Benefit Group-Pentegra as the National Director of Qualified Plan Marketing.

ING Investment Management U.S. has appointed Brant Grimes and Conor Sullivan as Senior Consultant Relations Managers.

David A. Hunt has been named Chief Executive Officer of Prudential Investment Management.

First Western Trust Bank appointed Irene J. Antonio as a Relationship Manager in the firm’s Retirement Consulting Services team. 

Bank of America is hiring more than 80 Merrill Edge Financial Solutions Advisors (FSAs) across the metro Northwest region, including San Francisco, San Jose, Sacramento, and Las Vegas. 

Pensionmark Retirement Group announced the addition of four regional firms to its network of retirement advisers.

ING Financial Partners has appointed Andre Robinson as Head of Advisory Business Development and Rich Taylor as Head of Brokerage Operations.  

With private equity firms such as The Carlyle Group, Warburg Pincus, and Rosemont investing in registered investment adviser (RIA) businesses, Schwab Advisor Services says that the RIA model...

Lori Van Dusen has founded LVW Advisors (LVW), a Rochester, New York-based independent registered investment adviser (RIA), which will join the Focus Financial Partners network. 

CPEhr, a Los Angeles-based human resources firm, has partnered with Morgan Stanley Smith Barney to enhance the plan administration of...

Nationwide Financial Services has hired eight new wholesalers to support advisers in the annuities and retirement plan businesses.

Millennium Investment and Retirement Advisors (MIRA) and Southeastern Fiduciary Services (SFS) have formed a partnership. 

Jason Schuller of Minneapolis was named Senior Vice President with responsibility for the new Wealth Management Services unit at Securian Trust Company. 

T. Rowe Price has created a new Fixed Income Solutions Group and hired Peter S. Austin to lead it.

Focus Financial Partners announced that Hufford Financial Advisors, an independent advisory firm specializing in financial services for dental professionals, has joined the partnership.

The Financial Industry Regulatory Authority (FINRA) selected Gerri Walsh to be President of the FINRA Investor Education Foundation and head of FINRA's Investor Education division. 

Tegrit Group, a provider of retirement plan consulting, administration, and technology services for public and private plan sponsors, has acquired Advisors Pension Services (APS) of Columbus, Ohio.

Callan Associates plans to hire former Richards & Tierney (R&T) investment consulting veterans Ann Posey and John Simmons.