Advisory M&A News – 6/24/24
Wealth Enhancement Group adds Atlas Fiduciary Financial; Cruz joins Ameriprise Financial; NewEdge Advisors welcomes Stonebridge Financial Partners.
Deals & People
AssetMark Acquires $12 Billion in Wealth TAMP Assets from Morningstar
Morningstar Wealth TAMP clients and advisers will gain access to AssetMark’s platform, while advisers using AssetMark can access to Morningstar’s...
Retirement Industry People Moves – 6/21/24
Ascensus names regional VP for retirement sales; Nowak promoted to DC director at Marquette; Alerus names health and welfare sales...
Advisory M&A News – 6/17/24
Summit Financial adds SRM Private Wealth; Cetera Financial Group welcomes North Ridge Wealth Planning; Adam Udy Group opens office in...
Taking a ‘Startup’ Job at a Legacy Insurer
Ben Thomason discusses why working in the in-plan guaranteed income space is akin to roles he’s held at startups.
Retirement Industry People Moves – 6/14/24
Sequoia Financial hires chief strategy and partnerships officer; TIAA names new head of consultant relations; The Standard taps regional vice...
Nuveen CEO Minaya Steps Down, President Huffman Takes Role
William Huffman will take the CEO role for TIAA’s investment management division.
Marsh McLennan’s Mercer to Acquire UK-based Retirement Plan Consultant
Mercer parent Marsh McLennan will expand its international retirement footprint with purchase of Cardano.
Advisory M&A News – 6/10/24
Blue Ridge Associates acquires Tax Sheltered Corporation; Generational Wealth Partners returns to Ameriprise Financial; Kin Wealth joins Commonwealth; and more.
Cetera Hires Jerry Patterson to Lead Retirement, Annuity Push
Firm taps Fidelity’s life insurance president to bolster retirement, life insurance and annuity offerings to its network of over 10,000...
Retirement Industry People Moves – 6/7/24
CFP Board appoints managing directors; Royal Bank taps Sanya as CEO of U.S. asset management; Aon names Reese CFO; and...
Ascensus Restructures Sales Team
The tax-advantaged savings provider continues retirement division restructurings.
Empower Names Marta Norton Chief Investment Strategist
Separately, J.P. Morgan appoints Shayan Hussain as head of US Investment Specialists.
Goldman Sachs Recruits New Leader of DC Large Market Institutional Sales
Heidi Walsh is joining from T. Rowe Price to work on investments, advisory services and financial wellness topics with the...
Retirement Industry People Moves – 5/31/24
3(38) Investment Fiduciaries adds director of investments; Freedom Fiduciaries hires retirement plan consultant; Miller to lead AssuredPartners retirement services practice;...
Advisory M&A News – 5/28/24
Waverly Advisors acquires Derbend Asset Management; Cetera adds partners at Wilde Wealth Management; Modern Wealth expands into 2 new locations.
Retirement Industry People Moves – 5/24/24
Hopkins elevated to chief wealth officer at WSFS; Abrdn CEO steps down as asset manager searches for a replacement; Principal...
Mariner Begins Market Push as $230B Retirement, Wealth Advisory
The head of Mariner’s new institutional retirement division says plan sponsor demand for wealth services was part of the decision...
Institutional Retirement Income Council Names New Executive Director
Kevin Crain, the former the head of retirement research at Bank of America, succeeds Michelle Richter-Gordon in the lead role...
Advisory M&A News – 5/20/24
Blue Ridge Associates acquires TSC 401K; Alerus Financial Corporation and HMN Financial announce strategic transaction; Bluespring Wealth Partners acquires KDI...