Deals & People May 28, 2014

John Hancock Retirement Adds to Sales Staff

Thomas Martin joined John Hancock Retirement Plan Services (RPS) as a regional vice president for the firm’s Northeast markets.
Reported by

Martin is responsible for sales and relationship development efforts with financial representatives and retirement plan consultants in eastern New York State and in Fairfield County, Connecticut. He reports to Ray Hemstreet, divisional vice president, Northeast Division.

Bob Carroll, national sales manager, John Hancock RPS, says the firm hopes to leverage Martin’s field experience and sales expertise. Martin has more than 18 years of experience in the financial services industry, all in the field of retirement plans, and most recently served as a regional sales director for a large retirement plan provider.

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Martin earned a B.B.S. in management and economics and an A.S. in business management from the State University of New York, Empire State College. He holds Series 6, 7, 63, and 65 licenses from the Financial Industry Regulatory Authority (FINRA), as well as Life and Health licenses in New York, New Jersey and Connecticut.

John Hancock Financial is a division of Manulife Financial, a Canada-based financial services group with principal operations in Asia, Canada and the United States.

Additional information about John Hancock RPS may be found at www.jhrps.com/us/.

Deals & People May 28, 2014

Fort Pitt Capital Group Names Retirement Leader

Michael Woomer has joined the Pittsburgh-based Fort Pitt Capital Group as a senior vice president in charge of the firm’s retirement plan and institutional sales division.
Reported by

Woomer joins Fort Pitt Capital Group from OneAmerica Financial Partners, where he served as a regional sales director. He joined OneAmerica after eight years at Charles Schwab and carries nearly 25 years of collective industry experience.

In the new role, Woomer will provide investment consulting and plan design expertise to plan sponsor clients. He will also assist clients with fiduciary oversight and compliance issues, both for 401(k) and 403(b) defined contribution plans.

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“Today, people’s largest asset may no be longer their home, it’s likely their 401(k) or 403(b) plan, making this an extremely important asset to manage,” says Woomer, who will also be contributing to the Fort Pitt Capital Group Blog.

Mike Blehar, managing director and principal of Fort Pitt Capital Group, says the firm can act as an ERISA 3(21) fiduciary adviser and/or as an ERISA 3(38) full investment adviser—arrangements named for the section of the Employee Retirement Income Security Act (ERISA) in which they are described. Woomer will also be responsible for growing this area of the practice, Blehar says.

Fort Pitt Capital Group is an independent, fee-only investment management firm that provides solutions-based portfolio management and consulting. For more information, visit www.fortpittcapital.com.

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