Deals & People

Bank of America Corp. (BofA) may be divesting itself of its 34% share of BlackRock Inc., according to published reports.  

Michael Driscoll has joined the MHK Group, a National Retirement Partners member firm, at its Milwaukee, Wisconsin office.  

John Hancock Retirement Plan Services (RPS) has hired two regional vice presidents (RVPs) in its Western Division.  

The Hartford Financial Services Group has tapped Scott Sanderson as vice president, government market and client management in the Retirement Plans Group. 

QS Investors, LLC has opened its doors as an independent institutional investment firm based in New York. 

CPI Qualified Plan Consultants, Inc. announced that David Jurczak has accepted the position of retirement plan consultant for Denver, Colorado. 

Natixis Global Associates (NGA) has announced the appointment of Matt Coldren, executive vice president, to head its retirement strategy group. 

The Washington D.C. office of Lockton Companies has announced that Shelly H. Horwitz will join the firm as an account executive in the retirement and financial services area,...

Transamerica Retirement Services has promoted Jason Crane to senior vice president and national sales director. 

 M&I Institutional Trust Services (M&I) has appointed Janet L. Ehn as director of consultant and advisor relations.

 New York Life Insurance Company announced that Executive Vice President John Y. Kim, 49, will add the Chief Investment Officer post to his other duties at the end...

 Global Thematic Partners (GTP), an independent investment management firm that focuses on worldwide thematic investments, has launched with approximately $9 billion in assets under management.

Financial advisers Steve Jones and Seth Gunderson have formed Tenacity Investment Group, an independent Longmont, Colorado-based firm offering services through Raymond James Financial Services. 

Wells Fargo Advisors Financial Network, LLC (WFAFN) says it “expanding and realigning” its Supervision Team in anticipation of continued growth in its independent financial advisor...

OppenheimerFunds, Inc. has appointed four industry veterans to newly created leadership positions within its marketing and distribution organizations.

International insurance brokerage and risk management services firm Arthur J. Gallagher & Co. has acquired Benefits Unlimited, Inc. in Houston, Texas.

Curtis Arledge will be joining BNY Mellon as vice chairman of the corporation and chief executive officer of BNY Mellon Asset Management.

Janney Capital Markets has named Jennifer Feeley, Director, Institutional Equity Sales.

Wilmington Trust has hired Benjamin D. Gorton to help lead business development initiatives at Wilmington Trust Retirement and Institutional Services Company (WTRIS).