Search results for: ceo of posit
Garvin to Lead AIG VALIC Independent Distribution Effort
AIG VALIC has named Greg Garvin Executive Vice President of Independent Distribution.
Citi Hit With Another Lawsuit Over 401(k) Plan
Citigroup, which suffered a recent management shakeup over its subprime mortgage crisis fallout, has been charged with imprudently allowing 401(k) company stock investments despite “serious mismanagement.″
O'Neal Leaving Merrill
Following billions of dollars in write-downs and an unauthorized look to Wachovia Corp. for a possible merger, Stan O'Neal will reportedly be leaving his post as CEO of...
Fidelity Appoints Head of Institutional Services Operation
Fidelity Investments named Michael K. Clark, former chief executive officer of JPMorgan’s securities services operation, to head its Institutional Services business.
CEO Storms is Out at Marsh
Marsh&McLennan Companies, Inc. says that Brian M. Storms is stepping down from his position as chief executive officer of Marsh, Inc., MMC’s insurance broking subsidiary, effective immediately.
Boston Financial Names Metcalfe as Retirement Services Head
Boston Financial Data Services, Inc., a Quincy, Massachusetts-based financial services outsourcing provider, has tapped Jude Metcalfe as senior vice president and head of Retirement Services.
El-Erian Leaves Harvard and Returns to PIMCO
Newport Beach, California–based PIMCO announced Tuesday that the former head of Harvard University’s endowment is returning to help run the Golden State money manager.
Metcalfe Resigns as WMSI CEO
Automated rollover provider Wealth Management Systems Inc. (WMSI) has appointed John Geli as Chief Executive Officer (CEO).
Employees Financially Worse Off Than Last Year
More than half (56%) of employees say they are financially worse off this year than they were last year, and 30% say they are one major setback away...
Great-West Continues Buying in RK Space
Great-West Life&Annuity Insurance Co. (GWLA) has agreed to acquire Franklin Templeton Investment’s 401(k) recordkeeping business, the firms announced.
Perspective: Don’t Fall For the Experience and Intuition Trap
The first of seven ineffective habits of retirement plan advisers.
Wisdom Tree Aims to Bring ETFs to 401(k)s
WisdomTree Investments has created a business unit focused on delivering exchange traded funds (ETFs) to the 401(k) marketplace.
Franklin Templeton Offers Adviser Guidance on Directed Trusts
A new white paper released by Franklin Templeton Bank & Trust provides guidance to advisers about using directed trust services to retain management of assets of affluent baby...
New York Could Lose Spot as World Financial Capital
In the next decade, New York may lose its position as financial capital of the world to a city such as London, Dubai, Hong Kong, or Tokyo, which...
UBS Securities LLC Gets New CEO
Teresa Mullett Ressel has been appointed as the new Chief Executive Officer of UBS Securities LLC, the US broker-dealer unit of UBS Group Americas, the company announced today.
Will ETFs Catch On With 401(k) Plans?
The most alluring feature of ETF-based retirement accounts is their cost advantage. Darwin Abrahamson, CEO of Invest n Retire in Portland, Oregon, and a 401(k) innovator, contends he...