Deals & People

OppenheimerFunds has tapped William C. (Bill) Carey as head of distribution and Martha B. (Marty) Willis as chief marketing officer.

INVEST Financial Corporation (INVEST), a subsidiary of National Planning Holdings, announced a partnership with four banks to provide brokerage and investment services.

Michael Clark, president of Fidelity Investments’ institutional products group, has stepped down from his post.

Another advisory group braves the frontiers of being an independent firm.

MassMutual has tapped Joel Almeida to undertake a new sales role focused on Southern California and Hawaii.

CAPTRUST said Mike Curran will lead the firm’s efforts to broaden nonqualified deferred compensation services.

Janus Capital Group Inc. has announced that Dominic Martellaro, executive vice president and managing director of Janus Global Advisors, will step down from his position effective...

A Nashville, Tennessee, service provider has tapped Courtenay Shipley as vice president, Retirement Services.

Benefit Consultants Group (BCG) said Ken Weaver will lead its internal adviser support teams.

DWS Investments, the U.S. retail unit of Deutsche Bank’s global asset management division, has announced the appointment of Michael J. Woods as U.S. head of distribution.

The Retirement Advantage, Inc. (TRA), has announced the acquisition of 401(k) Administrators out of Las Vegas.

Aon Consulting Worldwide has appointed Martha Spano as a senior vice president and Central West Coast regional leader for Aon Investment Consulting in the Los Angeles office.

Three former representatives of Morgan Stanley Smith Barney (MSSB) have left the firm to form Three Bridge Wealth Advisors in Menlo Park, California.

Reuters, quoting anonymous sources, said discussions about a deal for all or a portion of Van Kampen are at an early stage.

The Dow Jones Industrial Average (DJIA), long an iconic measure of the stock market’s performance, may soon have a new name.

Shams Talib has joined Mercer’s retirement, risk, and finance business as market business leader for the Pacific Southwest.

American International Group, Inc. (AIG), announced that Jay S. Wintrob has been named to the new position of president and chief executive officer of Domestic Life and Retirement...

WESPAC, provider of retirement plan consulting, wealth management, and health and welfare benefits, added a team of advisers previously of Tower Asset Management.

Lincoln Financial Group said today it has agreed sell Delaware Investments to Sydney, Australia-based Macquarie Group.

TIAA-CREF was selected, along with four other providers, for the Iowa Department of Administrative Services Statewide 457(b) and 401(a) Plans.