Lucido Leaves Watson Wyatt to Lead New Fidelity Practice
Rebecca Moore
July 2, 2008—Bob Lucido joined Fidelity Investments as a senior vice president in charge of a newly created Human Resource Strategy practice for Fidelity’s Consulting Services business, the company said.
FundQuest Adds Member to Investment Management Team
Ellie Behling
July 2, 2008—FundQuest hired Adam St. Germain to join as a financial analyst on its investment management team, the company said.
Rogerscasey Acquires Toronto Consultant Firm
Fred Schneyer
July 1, 2008—Rogerscasey acquired a Canadian investment consulting firm, Perimeter Capital Management Inc. (PCMI).
National Investment Managers Snaps Up Alaskan TPA
Rebecca Moore
July 1, 2008—National Investment Managers Inc. closed on the acquisition of Alaska Pension Services, Ltd. (APS).
Alger Consolidates Fund Brands
Rebecca Moore
June 27, 2008—Expect to see changes in the fund lineup of Fred Alger Management, Inc., including consolidation of all of the open-end mutual funds under the “Alger” brand.
NFP Names Three Executives
Ellie Behling
June 27, 2008—National Financial Partners Corp. named Elizabeth Weber to head of firm business development, James Poer to president of NFP Securities, Inc., and Stan Barton to General Counsel, the company said.
Northern Trust Strengthens Ohio Presence with Acquisition
Rebecca Moore
June 26, 2008—Northern Trust Bank, FSB, will acquire Lakepoint Investment Partners LLC of Cleveland, Ohio, an investment management firm.
Lundquist to Head RIA Channel of JPMorgan
Fred Schneyer
June 25, 2008—JPMorgan Funds, the U.S. mutual fund business of JPMorgan Asset Management, announced the appointment of Steve Lundquist as head of the registered investment advisor (RIA) channel.
ING Offers Morningstar Account Management Service to Clients
Rebecca Moore
June 25, 2008—ING is now making available Morningstar Retirement Manager, including a managed retirement account service, to more than 26,000 retirement plan sponsor clients and 1.8 million plus participants.
Wilmington Trust to Acquire UBS Fiduciary Trust Company
Nevin E. Adams
June 25, 2008—Wilmington Trust has made another big retirement plan services acquisition.
Alliance Benefit Group, FOLIOfn Offer Retirement Plan Systems
Rebecca Moore
June 24, 2008—Retirement plan consultant and recordkeeper Alliance Benefit Group has teamed up with FOLIOfn to offer advisers retirement plan system.
RBC Acquires Ferris, Baker Watts, Incorporated
Ellie Behling
June 23, 2008—Royal Bank of Canada completed the acquisition of broker/dealer Ferris, Baker Watts, Incorporated (FBW), the company said.
Arthur J. Gallagher & Co. Acquires the Lance Group
Ellie Behling
June 23, 2008—Arthur J. Gallagher & Co. acquired employee benefit broker The Lance Group, LLC, the company announced.
CPI Names National Director of B/D Relationships
Ellie Behling
June 23, 2008—Kyle Mitchum accepted the position of national director of broker/dealer relationships at CPI Qualified Plan Consultants, Inc., a third party recordkeeping and administration company.
The Standard Opens Indianapolis Office
Rebecca Moore
June 20, 2008—The Standard has opened a new Retirement Plans sales office in Indianapolis, Indiana.
Natixis Names Vice President of Institutional Services Division
Rebecca Moore
June 18, 2008—Natixis Global Asset Management, L.P. (NGAM) announced that Paul C. Anderson has been named vice president of its Institutional Services division.
Mercer DC Participants Obtain ClearCourse Access
Fred Schneyer
June 17, 2008—Mercer is making group variable annuity ClearCourse available as an investment option for the defined contribution plans it administers.
JPMorgan Retirement Brings On New Head of Investment Services
Rebecca Moore
June 16, 2008—JPMorgan Retirement Plan Services announced that Hal Bjornson joined the firm as head of investment services.
Emerald’s Alternative Allocation Strategies Offered on FOLIOfn Platform
Ellie Behling
June 16, 2008—Investment manager Emerald Asset Advisors, LLC, said its alternative strategies are now available on the FOLIOfn Institutional platform.
Mahoney & Associates Appoints Hooban as Qualified Plans Specialist
Ellie Behling
June 13, 2008—Mahoney & Associates, a privately held compensation and benefits management firm, hired David Hooban as qualified plans specialist.
