Deals & People

Dimensional Fund Advisors said it has hired John Blood, formerly with Commonwealth Financial, to lead a new initiative to develop relationships within the broker/dealer community.

Chicago-based consultant EnnisKnupp has announced three promotions for representatives working with defined contribution, private equity, and investment policy services clients.

ERISA Fiduciary Advisors, Inc., has hired a new manager to focus on sales and consulting in the northeastern United States.

Loomis, Sayles & Company said that core bond manager Lynne A. Royer has joined the company as vice president and co-head of a core bond strategy—and rejoined a...

Voyageur Asset Management Inc. has announced that it has changed its name to RBC Global Asset Management (U.S.) Inc.

Aviva Investors has agreed to buy 100% of River Road Asset Management, a Louisville, Kentucky-based U.S. value equity manager.

SunTrust Banks Inc. is trying to sell RidgeWorth Investments, its multi-boutique asset management business, people familiar with the matter said on Monday, according to Reuters.

Diversified Investment Advisors, Inc., has announced that Brodie Wood has been promoted to vice president and 403(b) market leader of the firm’s not-for-profit (NFP) practice.

National Planning Holdings, Inc. (NPH), said it has promoted Brian Sward to vice president of due diligence.

Prudential Financial, Inc., has completed the sale of its minority joint venture interest in Wachovia Securities Financial Holdings, LLC, including Wells Fargo Advisors, to Wells Fargo & Company,...

Tampa, Florida-based 401k ASP has announced a name change, which the company said will better reflect its expanding product lineup.

Capital Guardian, LLC, added The Locke-Cassells Group to its Charlotte, North Carolina, office, the company said.

Aon Consulting has made a new hire to expand its business with large market clients.

Mercer has named Dave Tolve as retirement business leader for its U.S. outsourcing business, effective January 11.

Piper Jaffray Companies has announced what it described as a “significant expansion” of its asset management business.

eRollover, which describes itself as a destination for retirement planning, education and analysis, has named Tim Harrington as the company’s first Chairman and Chief Executive Officer. 

Chicago wealth management firm Brewer Investment Group has tapped Michael Anthony Campo as senior vice president, Retirement Markets, effective immediately.

Wells Fargo’s Institutional Retirement and Trust division is offering retirement plan participants institutionally priced annuities on the Hueler Income Solutions platform.

Morgan Stanley Investment Management (MSIM) has announced the launch of the Morgan Stanley Emerging Manager Program (EM Program).

Brian Moynihan will take over as Bank of America’s (BofA) CEO and president following the retirement of Kenneth Lewis on December 31, the company announced.