BofA Merrill Lynch Adds Two to Retirement Team
Bank of America Merrill Lynch has expanded its Retirement & Philanthropic Services (RPS) group with the addition of two new members, one focused on the small business segment...
Deals & People
Lincoln Announces New 401(k) National Sales Manager, Sales Force Expansion
Lincoln Financial Distributors, the wholesale distribution subsidiary of Lincoln Financial Group has gone inside to find a new national sales manager for its 401(k) business.
Bill Barnes Joins Neuberger Berman in Public Funds Role
Neuberger Berman has named William H. Barnes as a senior vice president in institutional distribution focused on public funds.
Allianz Names Leader of Market Management
Allianz Life Insurance Company of North America has named Jeannee Hoppe as the new senior director of Market Management and Product Innovation.
The Retirement Advantage Adds Three to Wholesale Team
The Retirement Advantage, Inc. (TRA) announced the addition of Brenda Brumm and Jay Bloom to its wholesale team.
The Hartford Names New President of Wealth Management
The Hartford Financial Services Group, Inc. has named David N. Levenson President of Wealth Management, effective July 1.
Majority of Large Employers Use Automatic Enrollment
A majority of large employers now automatically enroll workers into their 401(k) plans, according to a new survey by Towers Watson.
NRP Offers Access to ADP ACCESS
ADP has announced that National Retirement Partners (NRP) has approved the marketing of ADP ACCESS’ 401(k) retirement plan product.
Poll Shows Support for Income Guarantees in 401(k)s
A new survey indicates three-out-of-four (77%) U.S. adults support the concept of modifying the 401(k) retirement plan system to specify that employer contributions be used to provide a...
First Mercantile Announces Addition to Sales Team
Echo Robinson recently joined First Mercantile's sales team as Regional Sales Director for the Pacific region.
BNY Mellon Appoints Leader for Employee Stock Plan Services
BNY Mellon Shareowner Services, the equity administration business of BNY Mellon, has announced the appointment of Julie Vander Veen as business manager and head of relationship management for...
Standard & Poor’s Licenses S&P 500 to Vanguard
Standard and Poor’s announced today that the S&P 500 Index will serve as the basis of a forthcoming Vanguard Exchange Traded Fund (ETF).
Participants Taking Action to Make Up for Affects of Downturn
More than one-third (38%) of retirement plan participants have increased the amount they are saving for retirement following the market downturn of recent years, according to a survey...
Rogerscasey Spinoff Brings Investment Analytics Tool to Market
A new spin-off from a familiar name is bringing an investment analytics tool to market.
White Horse Advisors Now an RIA
White Horse Advisors, LLC is now an SEC-registered investment advisor (RIA).
Clarity Expands its Actuarial Practice
Clarity in Numbers, LLC (Clarity) today announced its addition of a new practice leader to consult with closely held businesses.
BNY Mellon Makes Canadian Wealth Management Buy
BNY Mellon has made its first wealth management acquisition in Canada.
Adviser Who Misused Pension Funds Sentenced to Nine Years
John Orecchio, a former investment adviser accused of misusing funds from six union pension plans, was sentenced to nine years and four months in prison and ordered to...
SevenHills Benefit Partners Joins United Benefit Advisors
SevenHills Benefit Partners has joined United Benefit Advisors (UBA), an alliance of more than 140 independent benefit advisory firms located in over 165 offices throughout...
Merrill Edge Enters Online Trading Fray
Bank of America Merrill Lynch plans to launch a discount online brokerage aimed at young and new investors on Monday, according to published reports.