GFWM Hires SVP of Business and Channel Development

Genworth Financial Wealth Management (GFWM), a subsidiary of Genworth Financial, has hired Michael Kim as senior vice president of business and channel development.

Kim will head a new department to support those advisers servicing high-net worth investors. These include Genworth’s core market of independent broker/dealer advisers, as well as registered investment advisers. 

Reporting directly to GFWM President Gurinder Ahluwalia and serving on the executive management team, Kim will be responsible for the development of enhanced products and services, with the goal of helping advisers increase their assets under management (AUM) and serve high-net worth investors.

Kim was most recently senior vice president at Fidelity Institutional Wealth Services, where he was responsible for functions including sales management, relationship management, and practice management. Kim started his financial services career at Coopers & Lybrand, LLC, a national public accounting firm, where he specialized in providing audit and consulting services to investment advisers, broker/dealers and mutual fund companies.