Deals & People

State Street Corporation announced that Scott Powers, president and chief executive officer of State Street Global Advisors (SSgA), intends to retire later this year after more than seven...

New merger and acquisition (M&A) data from Schwab Advisor Services finds the pace of deals in the registered investment adviser (RIA) industry remained steady in 2014.

American Century Investments named Adam Sokolic as senior vice president, retirement strategy and services.

Northwestern Mutual says it will combine the capabilities of its adviser network with LearnVest’s digital advice delivery technology.

Erik Whinery joins John Hancock Retirement Plan Services as regional vice president.

Seven retirement plan advisory firms are acquiring Global Retirement Partners (GRP).

MassMutual added eight new sales professionals within its retirement plans business.

Boutique value manager Keeley Asset Management appointed Mark Sullivan to the newly created position of head of institutional business development and consultant relations.

Gary Crane has been named senior consultant and service team leader at Cafaro Greenleaf, which provides investment advisory and plan consulting services.

Pentegra Retirement Services has named Bob Riebesehl as regional director of the company’s qualified plan sales.

Six relationship managers have been added to MassMutual’s network in New England, New York, the West, Southwest and mid-Atlantic region, boosting the number to 103.

Open architect retirement plan provider, 401kDirect, announces the appointment of its newest president and chief marketing officer.

CAPTRUST and Pensionmark Retirement Group will create a new entity intended to be the industry’s premier platform for retirement plan advisers.

The American Society of Pension Professionals and Actuaries has rebranded as the American Retirement Association.

DuPont Capital Management hired William Smith, Jr., as principal, business development, and Paul Leahy as head of relationship management.

Principal Global Investors has hired Paul Kim to launch and lead the firm’s ETF business.

Scott Kaplan has been named head of the pension risk transfer business team at Prudential Retirement, effective immediately.

Jim Neill, Michael Dudkowski and Michael Patalsky join professional services firm Towers Watson from Wilshire Associates.

NFP Retirement hired five new consultants to its retirement plan and investment consulting teams in Texas and California.

Lincoln Financial Group hired Shawn Daly to serve as senior business development director on the firm's institutional retirement distribution team.