Deals & People

The Retirement Services Division of Massachusetts Mutual Life Insurance Company announced changes to its senior management team.

Deloitte and Penbridge Advisors have established a strategic alliance to provide sponsors of U.S. defined benefit pension plans with pension risk transfer (PRT) advisory services.

LPL Financial appointed long-time executive William Morrissey as managing director of independent adviser services.

Financial services provider TIAA-CREF announced an agreement to acquire Nuveen Investments, a diversified investment management company.

CUNA Mutual Retirement Solutions named eight regional sales consultants as part of the firm’s effort to expand its intermediary sales footprint.

Morrie Symson and David Mizrahi joined independent hybrid registered investment adviser (RIA) firm Washington Wealth Management (WWM).

Pensionmark Retirement Group added a new affiliate office location in Westlake, California, under the firm’s Advisor Support Program.

Carmela Elco joined the Chicago-based institutional retirement and investment consulting firm Blue Prairie Group as an affiliated retirement consultant and office leader.

AllianceBernstein LP, a global investment management firm, announced that Roberta Matheny has joined the firm as vice president and senior client service officer.

Financial adviser Erik Swenson, president of Retirement Plan Solutions, has affiliated with Pensionmark Retirement Group, creating RPS Pensionmark.

Great-West has reached an agreement to acquire the J.P. Morgan Retirement Plan Services large-market recordkeeping business, which has $167 billion in plan assets across 200 plan sponsor clients...

Stephen Birmingham joined Taylor Investment Counselors as executive vice president, director of business development.

Scott Schaerer joined Pentegra Retirement Services as a regional director in charge of qualified plan sales and business development on the West Coast.

J. Scott Davison will begin serving as chief executive officer for the companies of OneAmerica on April 1.

Rob Corlito joined the retirement plan services division at Sapers & Wallack, an employee benefits and financial services consulting firm in Newton, Massachusetts.

Lincoln Financial Group appointed Sean Duncan as an institutional business development director within the firm’s retirement plan services business.

Professional services and consulting firm Towers Watson named Steve Carlson as head of investments for the Americas region.

MetLife, Inc. appointed Wayne Daniel as vice president for U.S. pensions within the firm's corporate benefit funding division.

Lincoln Financial Distributors, part of the Lincoln Financial Group, has named George Manning and Michael Rinaldi as regional sales directors for its intermediary retirement plan sales force.

Great-West Lifeco Inc., which owns investment services firms Great-West Financial and Putnam Investments, will combine the retirement businesses of both subsidiary companies.