Deals & People

John Harrington was named vice president and director of U.S. Consultant Relations for Old Mutual Asset Management (OMAM).

 Mercer's Outsourcing business selected Millennium Trust Co. as the exclusive provider for its clients' automatic IRA distribution needs.   

MassMutual's Retirement Services Division promoted Niel Cabrera to sales director covering the Southeast region, effective July 1.  

Mark Dehmel joined New York Life Retirement Plan Services as vice president of sales for the Western region of the country.

 South Carolina chose Columbia Management to be the program manager of its college savings plan. 

Thomas Mangan was appointed chief executive of United Benefit Advisors (UBA), an independent employee benefits advisory organization.  

Achaean Financial said that Shlomo Benartzi, an authority on behavioral finance, has agreed to serve as the firm’s first academic adviser.

Jeff Kearny joined Northern Trust to lead new business development for asset servicing in the western part of the country.

 Cheryl Courtney was named regional vice president of the western territory for Ascensus, a provider of retirement plan solutions.   

National Financial Partners Corp. (NFP), a provider of benefits, insurance and wealth management services, acquired Fusion Advisor Network, a practice management and consultant to advisers.

 Brian Schweitzer became strategic account manager, Craig Miller was promoted to key account manager, and Tina White was promoted to IO sales desk supervisor.  

Paul Citron was named regional vice president for retirement business sales for the northern region of the companies of OneAmerica.

Lincoln Trust Co. has acquired Benefit Solutions Corp., a 401(k) recordkeeper and third-party administrator (TPA).

Carl R. Tannenbaum, formerly with the Federal Reserve Bank of Chicago, was appointed chief economist at Northern Trust.

Commonfund has hired Irakli Odisharia as director in its Risk Management Team.

Chris Somers joined Lincoln Financial Distributors (LFD) as a regional sales director for the Institutional Retirement Solutions Distribution (IRSD) team.

Andrew Ashton and Dennis Rothe were appointed to new roles in Franklin Templeton Investments’ advisory service divisions.

Janus Capital Group Inc. announced two institutional appointments to strengthen its institutional client and consultant relationships in the U.S.

 John Hancock Funds announced Keith F. Hartstein’s retirement and Andrew G. Arnott as his replacement as president and chief executive. 

Capital Investment Companies has added Charles Pendergraft II, John Zachary Carnes, Cort Meinelschmidt, Chelsea Miller, J. Marshall Culp III and James Beam as advisers.