Deals & People

The UBS Board of Directors has accepted the resignation of CEO Oswald J. Grübel, as the bank tries to recover from its recent trading scandal.  

In an internal memo released today, Andy Seig announced the reorganization of the Global Investment Solutions (GIS) and Retirement Services (RS) teams to form Global Wealth & Retirement...

Essex Investment Management Company, LLC announced Gregory J. Goostray has joined the team as Vice President, Sales and Marketing. 

linkedFA, a social networking site for financial professionals, has hired Eric Levine as its Executive Vice President of National Sales. 

HighTower, a national financial services company serving high-net-worth and institutional clients, has added The Leventhal Group, based in Bethesda, Maryland, to its network.  

Owais Rana has joined the J.P. Morgan Asset Management Columbus Fixed Income team and will head the company’s Liability Driven Investment (LDI) Solutions group. 

The Profit Sharing/401k Council of America is expanding the organization's reach by changing its name to the Plan Sponsor Council of America – the acronym remains the same.

The Colony Group, a registered investment advisory firm (RIA) with approximately $1.3 billion in assets under management, will join Focus Financial Partners.  

Eagle Asset Management, Inc. has hired Donald J. Pepin as Director of Institutional Sales. 

eVestment Alliance, a global provider of institutional investment data intelligence and analytic solutions, has acquired Channel Capital Group, owner of HedgeFund.net, a source for hedge fund data, research,...

Bank of America has hired 180 financial advisers to join the Merrill Edge wing of the banking giant.   

Lincoln Financial Distributors (LFD) has added three regional sales directors to its Institutional Retirement Solutions Distribution (IRSD) team.

Pentegra Retirement Services is acquiring National Life Group’s qualified plan administration business.

New York Life Retirement Plan Services has promoted Patrick Murphy, Rachel Rice, and Lynda Abend.

Sentinel Investments appointed three industry veterans to key distribution roles: David R. Cohen, Chris Grant, and Greg Pierce.

The Department of Labor has selected Mary Ellen Signorille to serve on the Advisory Council on Employee Welfare and Pension Benefit Plans, also known as the ERISA Advisory...

The MassMutual Retirement Services Division has added Carl Steinhilber and Roderick Toppin to support its nonprofit retirement plan market.  

Forward Management has appointed Jason Clarke as a Vice President of Sales and Eileen McCarthy as a Senior Product Marketing Manager.

Commonfund, an investment manager for institutional investors, has selected Lou Ann Dolan as Managing Director, Group Head of Consultant Relations.

Mirae Asset Global Investments (USA) has named Joon Kwun as President and CEO.