Ameritrade Adds to Institutional Team

The pair will focus on building relationships with independent investment advisers. They will also help helping existing adviser clients grow their retirement plan advice businesses.

Hommel, based in Denver, will cover the Midwestern U.S. market for Ameritrade. He carries 20 years of retirement plan experience with Fidelity Investments and has worked directly with plan sponsors in a variety of settings.

Based in Hingham, Massachusetts, Panasuk will cover the Eastern U.S. market. He has more than 16 years of experience in the retirement business through Putnam Investments, CitiStreet and ING.  Most recently, Panasuk worked as a financial adviser and retirement plan expert for the Boston office of Credit Suisse’s U.S. private banking business.

The two will collaborate with Jeff Allen, who covers the Western U.S. region as a vice president for sales and retirement plan solutions.

TD Ameritrade Institutional serves the employer-sponsored retirement plan market through registered investment advisers (RIAs). The firm also provides plan sponsors with trust, custody and brokerage services.