News & Opinions / Deals and People

Deals and People


LPL Financial Platform Adds Riverfront Investment Group >

July 28, 2008 -- Riverfront Investment Group, LLC, a registered investment adviser (RIA), has been added to LPL Financial’s consulting services platform.

Otto Launches New RIA >

July 28, 2008 -- Al Otto, who recently departed White Horse Advisors, has launched a new firm.

AllianceBernstein Manager for Vanguard Growth Offerings Replaced >

July 25, 2008 -- Vanguard appointed new portfolio managers to the AllianceBernstein L.P. portions of the $4.8 billion Vanguard U.S. Growth Fund and the $314 million Growth Portfolio of the Vanguard Variable Insurance Fund.

Sentinel Fills Sales Management Positions >

July 25, 2008 -- Sentinel Investments, the investment management arm of National Life Group, said it has filled several key roles in its distribution channel.

Schwab Names Bettinger as CEO >

July 23, 2008 -- The Charles Schwab Corporation has tapped Walter W. Bettinger II as its new CEO effective October 1, the company said.

Lincoln Reorganizes Employer, Individual Markets >

July 21, 2008 -- Lincoln Financial Groups realigned its Employer Markets and Individual Markets divisions into two new divisions: Retirement Solutions and Insurance Solutions.

PSA Acquires Alliance Benefit Group Office >

July 21, 2008 -- PSA Insurance&Financial Services acquired the Baltimore office of Alliance Benefit Group Mid-Atlantic (ABG), the company said.

RESOURCES for Retirement Hires Investment Analyst >

July 21, 2008 -- RESOURCES for Retirement, a plan advisory and consulting firm, brought on Abraham Nel to provide plan investment analytics to its expanding client base, the company said.

M Financial Group Firm Leaves Wachovia >

July 18, 2008 -- M Financial Group today reintroduced Barry, Evans, Josephs&Snipes as its member firm.

Principal, CIMB Create Islamic Asset Management Firm >

July 17, 2008 -- The Principal Financial Group and CIMB Group today launched The CIMB-Principal Islamic Asset Management Sdn Bhd.


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