Deals & People

Advantus Capital Management, an institutional fixed income and real estate securities asset manager, created the Client Strategies Group in its insurance asset management practice.

Bolton Partners, Inc., of Baltimore, Md., has acquired Stephen R. Thomas Actuarial Associates, Inc., of Trenton, N.J.

Royal Alliance Associates, an independent broker/dealer, hired Kevin Beard as Senior Vice President of Recruiting. 

Sheridan Road Financial, a provider of corporate advisory, corporate retirement, and wealth management services, has hired two investment consultants, Steven Kellar and...

Genworth Financial, Inc. agreed to acquire the Altegris companies, a provider of alternative investments including hedge funds and managed futures products, representing approximately $2 billion in client assets.

Putnam Investments has made changes to senior roles on its defined contribution team, in what Edmund F. Murphy, III, Managing Director, Head of Defined Contribution, called “the...

David Ravarino will be the new regional vice president in Transamerica Retirement Service’s western region.

Symetra Life Insurance Company named Richard Moran vice president and national sales manager for the company’s retirement and life insurance products.

Forward Management, LLC hired Victor Melinauskas as Regional Sales Director for the Pacific Northwest Territory.

Tom Fickinger was appointed head of Financial Advisor Strategy, a newly created role, at Merrill Lynch.   

Fifth Third Institutional Services has named John Kahle as National Head of Sales for the Bank’s 12-state service area.

Wilmington Trust has hired Karen S. Bonn as a client development officer at Wilmington Trust Retirement and Institutional Services Company (WTRIS).

Plan Sponsor Advisors, LLC (PSA) has hired Theresa “Tess” Malone as its new National Practice Leader.

State Street Global Advisors (SSgA) announced two appointments to its fixed income and equity investment teams.

GE Asset Management (GEAM) has hired Steve Johnson as Senior Vice President and Head of Sales – U.S. and Asia.

Aon Corporation has announced a $325 million restructuring plan, undertaken in connection with its acquisition of Hewitt Associates, in which 1,500 to 1,800 jobs are expected to be...

Rich Linton, the recently appointed head of Business Retirement Solutions at Bank of America (BofA) Merrill Lynch, has announced organizational changes to his team.

The benefits provider and human resources firm are joining forces to offer expanded options to small and mid-sized plans.

Hewitt EnnisKnupp hired Karen Rode as the leader of its Global Private Equity group.

Benjamin Woloshin joins New York Life Insurance Company as senior vice president and head of relationship management for its Retirement Income Security (RIS) business.