ING Adds to Consultant Relations Team

ING Investment Management U.S. has appointed Brant Grimes and Conor Sullivan as Senior Consultant Relations Managers.

Grimes will be responsible for the Western region and Sullivan for the Midwest.

Grimes joined ING IM U.S. earlier this year from RCM Capital Management, where he worked as Vice President of Consultant Relations. He had previously spent three years with Citizens Advisers and four years with Strong Capital Management, serving in similar roles. He is based in San Francisco.

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Based in Chicago, Sullivan joins ING IM U.S. Consultant Relations from UBS Global Asset Management, where he was Director, Consultant Relations. Earlier in his career, he spent eight years at Putnam Investments in a variety of  roles, the last one being Senior Vice President of Consultant Relations.

Lincoln Financial Introducing LVIP Protected Profile Funds

Lincoln Financial Group is rolling out the LVIP Protected Profile Funds, a target-date fund-of-funds investment option available through its micro-to-small market retirement plan solution.

The Protected Profile Funds offers investors access to both capital protection and volatility management within a target-date fund. Advantages include a simplified process to help investors achieve a diversified portfolio and exposure to a wide variety of asset classes, regions, and investments styles.

The new funds are made up of a mix of asset classes, managed by multiple managers, designed to accommodate changing market conditions and help investors meet their investment objectives throughout retirement, according to the company.

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The Protected Profile Funds seek to reduce volatility risk by targeting a specific level of variability of returns based on each fund’s respective target date.  While the results are not guaranteed, the fund seeks to manage this and other risks by employing a protection strategy designed to respond to changing market conditions and periodically rebalance and adjust their overall asset allocation to reflect the level of risk in the market. 

The investment lineup with the Lincoln micro-to-small market retirement program offers a range of investment options, providing plan participants with an opportunity to choose from over 90 investment options from 17 fund families. The program also offers a range of distribution options, including Lincoln’s patented i4LIFE Advantage solution.

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