Deals & People

Broadridge Financial Solutions signed an agreement to acquire Matrix Financial Solutions, Inc. for $201 million in cash.

Charles Schwab has appointed Neil T. Hickey to be Managing Director, Defined Contribution Investment Only.

Mesirow Advanced Strategies, Inc. (MAS) has hired Bruce McGuire as a vice president and senior member of its client relationship team.

New York Life Investments announced changes in its organizational structure in order to focus on the expansion of its third party institutional businesses initiatives.

Nationwide Financial Services has tapped Eric Stevenson as senior vice president and chief sales officer for its public-sector retirement plans subsidiary, Nationwide Retirement Solutions (NRS).

Northern Trust has appointed Peter Cherecwich as head of Global Fund Services (GFS).

Salient Partners, L.P. announced its acquisition of Integrity Capital Services, LLC and named Integrity’s founder, Lee Partridge, as Salient’s Chief Investment Officer.

Hand Benefits and Trust Company named Martin Campbell to the new position of Senior Consultant Institutional Trust, responsible for collective trust fund sales and consulting.

Goldleaf Partners is expanding its Regional Sales and Service Center in its Twin Cities Office and is hiring John Selander as Client Relationship Manager.

Paul G. Escobar will be heading up a new division at Bay Colony Partners, a privately held independent retirement planning firm.  

Transamerica Capital Inc. has chosen Scott Ramey to be Head of Business Development.

Glenmede, a privately-held and independent investment and wealth management firm, has announced that Susan P. Mucciarone has joined as Senior Vice President and Director of Wealth Services.

ING Groep NV has started laying off 400 people in its U.S. insurance operation, preparing to sell the unit in an initial public offering, Dow Jones reported.

Kristen Whisnant has joined NFP Securities, Inc. as senior vice president, Advisory & Investment Services.

Vision Capital Management Inc. announced Todd S. Jessup will join the firm as Director, Institutional Marketing and Client Services.

The retirement services division of American United Life Insurance Company (AUL) announced the appointment of Gail Lingle to the position.

Mercer announced a number of management changes in its Investments and Retirement, Risk & Finance businesses.

Nationwide Financial Services hired five Field Service Representatives (FSRs) for its private sector retirement plans sales force.

Lincoln Financial Group announced that Sharon Scanlon has joined the company as Vice President and Business Leader for the Large-Market Defined Contribution (DC) business.

Morningstar, Inc. announced that Peng Chen will be taking up the post, leaving his current role as president of Morningstar's Ibbotson Associates unit.