New Managing Director of DCIO at Schwab

Charles Schwab has appointed Neil T. Hickey to be Managing Director, Defined Contribution Investment Only.

A news release said Hickey will be responsible for working with consultants, recordkeepers and plan sponsors to increase the adoption of Schwab’s retirement investment products in defined contribution plans.  Hickey will be based in Boston.

Hickey joins Schwab from Old Mutual Asset Management where he was a Vice President responsible for distribution of investment products including mutual funds, SMA’s and alternative investments to consultants, plan sponsors and retirement platforms as well as the RIA market. 

Prior to Old Mutual Asset Management, Hickey spent 15 years at Fidelity Investments where he was responsible for sales and relationship management coverage providing custody, investment and product solutions to fee-based registered investment advisers, bank trust, family offices and third party retirement plan administrators.