Lincoln Financial Network, the retail distribution division of Lincoln Financial Group, has tapped Dee Morgan and David Taksen for its financial planner/adviser recruiting group.
Deals & People
Salient Wealth Management LLC will now be included in Fidelity Investments’ Wealth Advisor Solutions, which gives customers of the financial services firm the opportunity to build relationships with Fidelity’s network of registered investment advisers.
California-based National Retirement Partners Inc (NRP) has signed RolloverSystems to help with its asset-retention and rollover strategy.
California-based VisionLink Corporate Insurance Services, LLC (VCIS) has become a member firm of M Financial Group, a network of independent insurance, investment, and executive benefit firms.
Informa Investment Solutions, Inc. (IIS) is set to expand its wealth management services with the acquisition of Investment Scorecard, a company that provides fully outsourced, integrated client reporting and wealth analytics solutions for the wealth management industry.
Mercer HR Services has announced it will use the technology of Wealth Management Systems, Inc. (WMSI) to enable former retirement plan participants to easily rollover assets into an Individual Retirement Account (IRA).
The investment management arm of State Street Corporation is making some changes to the structure of its financial intermediary group, which was created in 2001 to service investors such as financial advisers, broker-dealers, registered investment advisers (RIAs), and family offices.
MG Advisory Services, a wholly-owned subsidiary of Matrix Settlement&Clearance Services (Matrix), will provide retirement account services to third party administrator Sunwest Pensions’s retirement plan participants.
The program, offered in conjunction with The 401k Coach, is designed to help advisers grow and more effectively manage their retirement plan business.
Intercare Insurance Solutions, a benefits consulting firm, has acquired retirement planning firm SFG Benefits Financial.
National Retirement Partners, Inc. (NRP), announced its acquisition of Bryan, Ohio-based broker/dealer Oberlin Financial Corp.
Standard&Poor's is selling its mutual fund data business to Morningstar, including mutual fund data on performance, rankings and holdings on more than 135,000 funds in over 30 countries, as well as desktop applications and data feed products, for $55 million in cash.
Charles Schwab Corp. has tapped Walt Bettinger II, head of its investor services unit, as president and chief operating officer.
Former U.S. Representative Harold E. Ford Jr. has been hired by Merrill Lynch&Co.
AIG SunAmerica Retirement Markets has announced a partnership with plan administrator PAi, Inc., as part of AIG’s Polaris401 (k) program for small- to medium-sized companies.
XShares Advisors LLC has announced its agreement with Elliott Wave International, Inc. (EWI) to create exchange traded funds (ETFs) based on technical methods developed or validated by EWI.
SunGard has announced a joint marketing agreement between its ProNvest and Signix business units with Wealth Management Systems Inc. (WMSI), a provider of technology-based rollover services.
Boston-based State Street Corporation announced Monday that it has agreed to buy Investors Financial Services Corporation in a stock transaction worth approximately $4.5 billion.
Portland, Oregon-based Invest n Retire will now offer PowerShares exchange-traded funds (ETFs) on its platform for tax-deferred retirement plans, the companies announced yesterday.
Pershing LLC has formed an alliance with PriceMetrix Inc. that will help Pershing’s introducing broker-dealer customers better evaluate their businesses and identify growth opportunities.