Deals & People November 26, 2007

NFP Securities Appoints President and COO

Daniel Young has been appointed President and Chief Operating Officer of NFP Securities, Inc. (NFPSI), the broker-dealer of National Financial Partners Corp. (NFP), a national network of independent financial advisers.
Reported by

Young will be responsible for the day-to-day management of NFPSI, relationships with NFP owned and member firm producers, as well as the marketing activities and operations of NFPSI, the company announced. He will report to Jeff Montgomery, CEO of NFPSI and EVP and COO of NFP Insurance Services, Inc.

Previously, Young was President and Chief Executive Officer of NYLIFE Securities, New York Life’s broker-dealer subsidiary, and Eagle Strategies, New York Life’s registered investment adviser

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NFP is headquartered in New York and operates a distribution network of over 180 firms that specialize in life insurance and wealth transfer, corporate and executive benefits, and financial planning and investment advisory services. More information is available at www.nfp.com.

Deals & People November 26, 2007

Garvin to Lead AIG VALIC Independent Distribution Effort

AIG VALIC has named Greg Garvin Executive Vice President of Independent Distribution.
Reported by
In this position, Garvin will manage a newly formed division focused exclusively on AIG VALIC’s expansion into the independent distribution channel. He will report to Bruce R. Abrams, President and CEO of VALIC and the VALIC Retirement Services Company.
Garvin has nearly 25 years of experience in the financial services industry and has held a variety of senior management positions focused principally on the distribution of insurance and retirement-related products through third-party channels, according to a press release. Most recently, he served as President of Security Distributors, a unit of Security Benefit Life Insurance Company, and he previously served as President of the Institutional Marketing Group, an Aegon Financial Services Group unit marketing insurance and annuity products to large banks.
Garvin has also served as Vice President, Providian Capital Management where he was responsible for distribution strategy and product development for wirehouses, regional brokerage firms and independent general agents. Garvin began his financial services industry career as President and Founding Officer of Goldome Agency in 1983 before pursuing career opportunities in product marketing and distribution for banks, brokerage firms, and independent financial advisers.

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