Deals & People

MassMutual has named Aruna Hobbs as head of institutional investments for retirement plans.

John Krieg has been appointed global head of institutional distribution at Northern Trust Asset Management.

Moira Hagy has joined Assurance Financial Services’ retirement plan services team as a vice president.

PSA Insurance & Financial Services Inc. has established a strategic partnership with The PFE Group that unites the companies' fiduciary consulting practices.

Fiduciary Management Associates (FMA) has added two senior investment professionals, John Nelson and Xiaoling Wang, to its investment research and analysis staff.

Moira Hagy has joined the retirement services team of Assurance Financial Services as a vice president. 

Retirement readiness can be strengthened by financial wellness programs, say Compass Financial Partners and Financial Finesse, which recently agreed to partner.

Lincoln Financial Group’s retirement plan services business announced the addition of three retirement plan specialists to its national participant engagement team.

Investment advisory and retirement plan consulting firm Compass Financial Partners LLC has teamed with Financial Finesse to bring enhanced financial wellness training capabilities to clients.

National Financial Partners Corp. (NFP) acquired the Cincinnati-based Benefit Resources Inc., an insurance consulting and brokerage firm. The deal closed on July 31. 

Jean-Dominique Butikofer joined the fixed-income team as head of emerging markets at Voya Investment Management, the asset management business of Voya Financial Inc. 

Pete Schroedle has joined OneAmerica in a new executive sales position, in which he will target new and existing clients in the firm’s recently created central region.

The newly founded Financial Advocacy Network (FAN) has joined the LPL Financial broker/dealer and registered investment adviser (RIA) custodial platform.

MassMutual Retirement Services has hired seven new regional sales directors to support sales of defined contribution (DC) retirement plan products and services in the small-plan market.

NFP, a provider of employee benefits and wealth management advisory services, has added 53 new advisers to its staff.

Financial services provider HighTower has added a Baltimore-based advisory firm, Fiduciary Plan Advisors, to its national employee benefit and institutional investment services network.

The Retirement Advantage, Inc. (TRA) has hired Courtney Zanghi as a new business consultant in the Mid-Atlantic region.

RCS Capital Corporation (RCAP) has entered into an agreement to purchase independent broker/dealer Girard Securities, Inc., further expanding the RCAP advisory network’s major 2014 growth.

The Principal Financial Group has hired Mike Parrett as vice president of consulting.

Drew McCorkle joined the Atlanta office of CAPTRUST Financial Advisors as vice president and financial adviser.