MassMutual Launches New DCIO Team

With its sights set on competing in the defined contribution investment only (DCIO) market, MassMutual Retirement Services introduced a new institutional sales and operations team.

Led by Aruna Hobbs, senior managing director and head of institutional investments, the team works to make MassMutual’s retirement-focused funds, including mutual funds and stable value products, available to more plans and participants.

“MassMutual’s mutual funds and stable value products are designed specifically to help retirement savers reach their goals and retire on their own terms,” says Elaine Sarsynski, executive vice president of retirement services and worksite insurance.

MassMutual’s retirement products include the MassMutual RetireSMART, Select, and Premier Funds. 

“Our multimanager approach is well-suited for financial advisers and plan sponsors who are looking for diversification,” Sarsynski adds. “Additionally, these funds are available on not just our own platform, but are also on more than 20 other platforms for use by advisers and plans.”

Working alongside Hobbs, the DCIO sales team is comprised of four additional members including Johanna Vogel, managing director, national consultant relations; Paul Webb, national practice leader for adviser channels; and Rob Olszewski and John Hipsher, regional investment directors, tasked with growing MassMutual fund assets. The team is supported by a four-member operations unit.

The team will reach out to the retirement plans marketplace, Sarsynski notes, partnering with MassMutual’s regional sales and managing directors and working directly with financial advisers and consultants.

MassMutual’s retirement services division serves retirement plans, offering products and services for corporate, union, nonprofit and governmental employers’ defined benefit, defined contribution and non-qualified deferred compensation plans.