Great-West Expands Sales through Advisers, Consultants, and TPAs

Great-West Retirement Services has appointed three regional sales directors to focus on development of new corporate 401(k) plan business through brokers, financial advisers, consultants, and third-party administrators (TPAs).

Bill Harmon, vice president of 401(k) sales for Great-West Retirement Services, announced the appointment of new sales directors Bob Riebesehl, Keith Cattaneo, and Matt Flynn. Riebesehl’s territory includes Westchester County, New York City, and Long Island, New York; Cattaneo is responsible for the East Bay and Sacramento, California, areas and Reno, Nevada; and Flynn covers Peninsula, San Jose, and Monterey, California.

Riebesehl and Cattaneo both join Great-West Retirement Services from Lincoln Financial Group. Flynn previously worked at the Principal Financial Group, a company announcement said.

Great-West Retirement Services is a business unit of Great-West Life & Annuity Insurance Company and provides 401(k), 401(a), 403(b), and 457 retirement plan services to approximately 20,000 plans representing more than 3.5 million participants and $115 billion in assets at Dec. 31, 2007.

It was ranked the fourth-largest retirement plan recordkeeper based on total participants by PLANSPONSOR magazine in June 2007 (See Recordkeeping Survey 2007: Under Currents).