On the Move

Transactions, promotions and new hires in the financial advisory industry.
Reported by PLANADVISER staff

TIAA selected Dave Dowrich as chief financial officer. He will be responsible for the Fortune 100 company’s financial planning, general account, management and reporting, plus its actuarial, tax and accounting operations and strategies. 


Aegon Asset Management appointed Nicole Grootveld-Sandig as its chief technology officer. She will be responsible for defining and executing its enterprise architecture plans and strategic road maps.


John Tyers joined Wells Fargo & Co. as head of the independent adviser group at Wells Fargo Advisors. He reports to Jim Hays, head of the adviser division.


Broadridge Financial Solutions hired Toby Cromwell as director, CIT [collective investment trust] funds product management. His responsibilities include product development, management, and governance and business management for all stable value and other CIT products in the U.S.


➜ The Investment Adviser Association entered a strategic partnership with ACA Group, a governance, risk and compliance adviser in financial services.


Brian Collins joined Hub International as chief investment officer of Hub Retirement and Private Wealth (HUB RPW). He will work on Hub RPW’s investment platforms.


GTCR LLC and Reverence Capital Partners L.P. will be rebranded as Allspring Global Investments, upon closing of their acquisition of Wells Fargo Asset Management (WFAM).


Morgan Stanley is partnering with Empower Retirement, expanding the former’s ability to serve adviser-sold plans of under $50 million in assets. Morgan Stanley at Work also announced “a retirement partnership” with Vestwell.


PGIM appointed Linda Gibson as CEO of its quantitative equity and multi-asset solutions specialist, QMA. Gibson has been with QMA since July 2019 as chief business officer.

Tags
advisory practice, M&As, retirement plan adviser,
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