Deals & People

BNY Mellon announced Gerald L. Hassell, currently its president, has been appointed Chairman and Chief Executive Officer for the company, effective immediately. 

Acadian Asset Management Singapore announced Ho Yew Weng has joined the firm as Director of Institutional Sales, Asia-ex Japan.

Bank of America has hired nearly 40 Merrill Edge Financial Solutions Advisors (FSAs) in the Mid-Atlantic region, including Washington, D.C., Baltimore, and Philadelphia.

J.P. Morgan Asset Management (JPMAM) has selected James Gearin as Chief Operating Officer of its Retirement Plan Services (RPS) business.   

Karen Olsen, Jason Timko, and Anna Toy are Ascensus’ newest Regional Vice Presidents for its Florida, New York Metro and Pacific Northwest territories, respectively. 

UBS, the largest Swiss bank, announced plans this week to cut about 3,500 jobs, or 5.3% of its workforce. 

As part of the expansion of its Americas platform, Natixis has announced senior appointments in its Fixed Income, Commodities & Treasury (FICT) Americas team.

CAPTRUST Financial Advisors today announced the opening of its newest regional office located inside greater Minneapolis-St. Paul.  

Gemma Wright-Casparius has joined Vanguard’s Fixed Income Group as a principal and senior portfolio manager.

Mercer has named Senior Partner Tom Murphy as Head of its Investment Management business for the U.S. region, effective September 1, 2011. 

Ross Plumberg has been appointed Great-West Retirement Services’ regional 401(k) sales director for Kansas, North Dakota, and South Dakota.

J.P. Morgan Asset Management has hired Matthew Mintzer as head of National Accounts and leader of the Defined Contribution (DC) Advisor Team for the company's Defined Contribution Investment...

Schwab Advisor Services data on registered investment adviser (RIA) mergers and acquisitions activity for the first half of 2011 shows M&A activity is down from 2010, but deal...

American United Life Insurance Company (AUL), a OneAmerica company, selected Benjamin Herrera as director of national retirement education for retirement services.

Louis Slagle was promoted to sales director of Securian Financial Group’s Independent Distribution Group (IDG).

Davis Polk & Wardwell LLP announced Jeffrey P. Crandall is joining the firm in New York as a partner in its Executive Compensation and Employee Benefits practice. 

Bill Simon, Jr. has joined Brinker Capital in the newly created position of Managing Director, Retirement Plan Services.

Natixis announced that William Maier has been appointed Head of Corporate and Sponsor Coverage for North America.

Stephen Johnson and Eric Mull will join Wilmington Trust as part of the company’s business development initiative.

M&I Institutional Trust Services has named Jeffrey Wallace as Vice President and Regional Sales Director for California and Nevada.