Retirement Industry People Moves – 5/10/24

Riley Joins NEPC Defined Contribution Team

Allie Riley

Allie Riley will be joining the NEPC LLC’s defined contribution team as a consultant. She will report to Bill Ryan, partner and DC team leader.

Riley’s primary focus will be on consulting to mega DC-plans ranging from $1 billion to over $30 billion in assets. She will also be advising NEPC’s DC multi-asset solution team on best practices in target date fund and retirement income research. 

Riley was previously a senior consultant and head of target date fund research at Aon.

AdvicePay Promotes Lewis to President

Kelsey Lewis

AdvicePay, a platform for processing payments and overseeing compliance of fee-for-service financial planning, announced that it has appointed Kelsey Lewis as president, promoting the former head of customer success to the “No. 2” position at the company, where she will closely collaborate with founder and CEO Alan Moore.

In her role as president, Lewis will serve as an integrator, overseeing day-to-day company management and ensuring all departments work closely to execute the company’s strategic goals. She will also serve as the highest point of escalation for customers.

Lewis joined AdvicePay in December of 2021 as the firm’s first head of customer success. In that role, Lewis worked with many of the industry’s largest RIAs and broker-dealers, overseeing customer success and support efforts, including onboarding, relationship management and solutions consulting.

OneDigital Investment Advisors Adds Flach as Senior Consultant

Amy Flach

OneDigital Investment Advisors has hired Amy Flach as a senior retirement plan consultant.

In her new position, Flach will develop client relationships in the DC, Maryland and Virginia markets. She will oversee strategic retirement planning solutions for OneDigital clients and their employees.

“We are thrilled to have Amy join our DMV team as a senior retirement plan consultant,” Jania Stout, senior vice president of OneDigital Retirement + Wealth, said in a social media post. “She will be working with some of our teams’ largest clients. Amy’s background in plan administration and compliance coupled with her enthusiasm for helping the employees towards financial independence makes her a great addition to our team.”

Prior to joining OneDigital, Flach spent 18 years at Fidelity Investments, starting as a customer service representative, eventually becoming managing director for core markets. As managing director, she oversaw a portfolio of around 40 contribution retirement relationships, generating $2 million in annual revenue.

Human Interest Advisors Appoints 2 Investment Experts to Board

Anne Lester

Richard Arney

Human Interest Advisors, an SEC-registered investment adviser, announced their appointment of two veteran investment experts, Anne Lester and Richard Arney, to the board.

Lester joins HIA’s Board with over 30 years of experience in senior leadership roles in the retirement industry, most recently at J.P. Morgan Asset Management, where she served as managing director, portfolio manager and launched the JPMorgan SmartRetirement target date franchise. 

Arney is currently a director at Accial Capital, an investor in small business and consumer loan portfolios in emerging markets. He also serves as a director of hedge funds in the consumer lending and real estate space. Before his current role, Richard worked at BlackRock, McKinsey & Company, Accenture, and the California State Senate.

“Anne and Richard’s commitment to HIA’s mission and culture of compliance combined with their expertise will be a tremendous asset as we continue to build out our investment services platform to help participants make informed investment decisions,” Klinton Miyao, head of HIA, said in a statement.

Devane Named Director of Participant Education at SageView

Mike Devane

Mike Devane has been named the director of participant education at SageView Advisory Group, leading a team of financial coaches through the firm’s PersonalSAGE financial education and engagement platform.

He is focused on developing personalized financial education to retirement plan participants of SageView’s plan sponsor clients. He will report directly to Bob Patton, a SageView managing director, but Devane will work closely with Kerry Tapia (formerly Woods) and Erin Cowell who also recently joined.