Deals & People

Al Otto, who recently departed White Horse Advisors, has launched a new firm.

Vanguard appointed new portfolio managers to the AllianceBernstein L.P. portions of the $4.8 billion Vanguard U.S. Growth Fund and the $314 million Growth Portfolio of the Vanguard Variable...

Sentinel Investments, the investment management arm of National Life Group, said it has filled several key roles in its distribution channel.

The Charles Schwab Corporation has tapped Walter W. Bettinger II as its new CEO effective October 1, the company said.

Lincoln Financial Groups realigned its Employer Markets and Individual Markets divisions into two new divisions: Retirement Solutions and Insurance Solutions.

PSA Insurance&Financial Services acquired the Baltimore office of Alliance Benefit Group Mid-Atlantic (ABG), the company said.

RESOURCES for Retirement, a plan advisory and consulting firm, brought on Abraham Nel to provide plan investment analytics to its expanding client base, the company said.

M Financial Group today reintroduced Barry, Evans, Josephs&Snipes as its member firm.

The Principal Financial Group and CIMB Group today launched The CIMB-Principal Islamic Asset Management Sdn Bhd.

DWS Scudder changed its name to DWS Investments, completing a rebranding started two years ago to align with Deutsche Bank Asset Management (DeAM).

Merrill Lynch Global Wealth Management announced organizational changes and leadership appointments in its Retirement Group.

Firm veteran Scott Carlson was promoted to lead sales and recruiting for Woodbury Financial Services, a subsidiary of The Hartford Financial Services Group, the company said.

Invesco Aim announced today a new team approach for the AIM Global Value Fund.

John Irvin has been appointed president of PartnersFinancial, one of National Financial Partners Corp.’s (NFP) national membership organizations, the company said.

Ameriprise Financial, Inc. has agreed to acquire asset management firm J.&W. Seligman&Co. Incorporated.

Janus Capital Group Inc. has announced plans to pump another $90 million into U.S. value manager Perkins, Wolf, McDonnell and Company, LLC.

Invesco PowerShares and Deutsche Bank renamed 11 recently listed long and short Agriculture, Gold, and Commodity exchange-traded notes (ETNs) linked to variations of the Deutsche Bank Liquid Commodity...

Bob Lucido joined Fidelity Investments as a senior vice president in charge of a newly created Human Resource Strategy practice for Fidelity’s Consulting Services business, the company said.

FundQuest hired Adam St. Germain to join as a financial analyst on its investment management team, the company said.

Jefferson Pilot Securities Corp., an independent broker/dealer affiliate of Lincoln Financial Group,changed its name to Lincoln Financial Securities Corp, the company said.