ING Turns to Forstl for Business Development Post
ING Investment Management Americas named Michael Forstl as vice president of business development.
Deals & People
Mich. School Districts Choose The Standard as Single Vendor
Standard Insurance Company, a subsidiary of StanCorp Financial Group, Inc., said it has been selected by a consortium of 15 school districts in southeast Michigan to become their...
Russella Tapped for Wilmington Trust Retirement Position
Wilmington Trust has named Charles Russella as president of Wilmington Trust Retirement and Institutional Services Company (WTRIS).
McVey Back at Morgan Stanley for MSIM
Morgan Stanley announced today that Henry McVey, who previously worked at Morgan Stanley for more than a decade, is returning to the firm.
Mercer to Provide Services to Existing Mercer/Putnam Taft-Hartley Clients
Mercer and Putnam Investments announced Wednesday that Mercer will now provide all plan services for existing Taft-Harley clients that had been serviced by both firms.
Reish Firm Sports New Name, Structure
A Los Angeles law firm well known in the retirement services space for its expertise in Employee Retirement Income Security Act (ERISA) fiduciary issues has reorganized and now...
Morgan Stanley Smith Barney Unveils Institutional Consultancy
Morgan Stanley Smith Barney launched Graystone Consulting to provide investment consulting advice to institutional investors and the upper-tier private wealth market.
BlackRock Confirms Discussions about Purchasing BGI
BlackRock, Inc., confirmed that it has been engaged in discussions with Barclays Bank about BlackRock's potential purchase of Barclays Global Investors (BGI), including the iShares business.
BCG Brings on New Director of Operations
Broker/dealer BCG Securities, Inc. (BCGS), announced the appointment of Mark Barron as director of Operations.
Redstone Joins Lockton as Retirement Plan Adviser
Troy Redstone joined Lockton Companies in Kansas City as a producer specializing in employer-sponsored retirement plans and investment advisory consultation.
SEC Creates Investor Advisory Committee
The Securities and Exchange Commission (SEC) announced the formation of an Investor Advisory Committee to give investors “a greater voice in the Commission's work.″
Invesco Expands Distribution Reach with Managing Director Post
Invesco announced that Thomas J. Hughes has joined its Institutional Sales and Client Service team as managing director.
Deschenes Tapped for Sun Life Annuities Post
Stephen L. Deschenes has been named senior vice president and general manager of the Annuities Division for the U.S. operating unit of Sun Life Financial, the company announced...
Pershing Adds Providers to ValueAlliance Program
Bank of New York Mellon subsidiary Pershing added more than 30 solution providers to its ValueAlliance program.
M Financial Group Adds Legacy Wealth as Member Firm
M Financial Group announced that Woodbury, Minnesota-based Legacy Wealth LLC joined as an M Member Firm.
Abigail Johnson Named to Chair Fidelity Fund Board
Abigail Johnson, daughter of Fidelity Investments Chairman Edward C. Johnson III, was named the new chair of the Fidelity board that oversees its 161 fixed-income and asset-allocated funds.
Plan Sponsor Advisors Announces New Staff
Angelo Auriemma joined Plan Sponsor Advisors as the director of Investment Advisory Services, the firm announced.
Arnerich Massena Announces Director of Wealth Management
Portland, Oregon-based independent investment consulting firm Arnerich Massena&Associates, Inc., brought on David Reichle as director of Arnerich Massena Wealth Management.
Vanguard Offers $5B for iShares
The Vanguard Group has submitted a $5-billion bid for the iShares unit of Barclays, according to news reports.
NRP Adds 9 More Firms
National Retirement Partners, Inc. (NRP), announced that nine practices have recently joined its network of independent, retirement-focused advisory firms.