DST Retirement Solutions Hires Sales VP

John Farmakis has joined DST Retirement Solutions as vice president of sales.

Farmakis has more than 30 years of sales, relationship management and strategic business development experience specializing in the financial services, pension and asset management industries, according to DST. Most recently, he served as senior vice president of sales and business development for Expertplan, Inc. He has also held senior roles at Ascensus and Great-West Life & Annuity/FASCorp.  

DST Retirement Solutions, LLC offers retirement outsourcing solutions for organizations distributing retirement investment products.

Guggenheim Partners Launches Advisory Services

Guggenheim Partners, a financial services firm, established the Guggenheim Investment Advisory division to serve the needs of investment advisers and other financial intermediaries.  

Guggenheim Investment Advisory will provide advisers with an open-architecture platform to create investment solutions for clients using a suite of products and services from Guggenheim and through external managers, the company announced.

“Through Guggenheim Investment Advisory we are delivering our firm’s core competencies to high-end intermediaries serving sophisticated investors,” said Mark Walter, CEO of Guggenheim Partners. “As these advisers seek better ways to differentiate and grow their businesses, we see important opportunities for Guggenheim to contribute to their success.”

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Guggenheim Investment Advisory is available to intermediaries in the United States and internationally and is based in Chicago.

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