Deals & People

Verity Asset Management added five new investment adviser representatives as part of its expansion of advisory services in the 403(b) marketplace, the company said.

The Illinois Bankers Association (IBA) and the Springfield, Illinois-based Empire Advisory Group are teaming up to offer Empire's 401(k) plan, 403(b) plan, and nonqualified deferred compensation (NQDC) plans...

Days after Bank of America (BofA) announced the appointment of Sallie Krawcheck to run global wealth and investment management, Daniel Sontag said he will leave BofA, according to...

Franklin Templeton Investments has lured Yaqub Ahmed from his post at Columbia Funds.

Global index provider Dow Jones Indexes has named Tariq Al-Rifai as its new director of Islamic indexes.

UBS did some more rearranging of its wealth management units, but the American business will stay the same.

Security Benefit has won a contract with the Retirement Investors' Club (RIC) of Iowa to be a provider for the 457 plans and 401(a) plans offered by state...

Bank of America Corporation (BofA) unveiled four senior management changes, including the appointment of Sallie Krawcheck to lead Global Wealth and Investment Management.

Diversified Investment Advisors, Inc., has announced that Scott J. Pawlich has joined the firm as vice president of sales.

Following the recent departure of Sandy McCarthy as president of Institutional Plan Services, ING said it has further streamlined its Retirement Services structure, while ensuring the institutional businesses...

Asset International, Inc. (‘AI’) has agreed to acquire Strategic Insight (“SI”), a research and technology firm serving the investment management industry.  

Brian Mineweaser has joined DST Retirement Solutions as director of new business development.

JennisonDryden, the proprietary mutual fund family of Prudential Financial, Inc., has hired Joseph Gill as vice president of client management in its investment-only defined contribution (IODC) group.

MassMutual announced it is continuing to develop its sales team with the addition of Francesca Messano as managing director covering southern California and Hawaii.

MassMutual's Retirement Services Division has announced Daniel Darby joined its field sales team as a managing director.

Neuberger Berman Group LLC has agreed to acquire Lehman Brothers Trust Company, N.A., and Lehman Brothers Trust Company of Delaware.

Sandy McCarthy, late of ING and CitiStreet, has joined Mercer to head its retirement business. 

DailyAccess Corporation, a national provider of retirement plan and benefits services, has announced the appointment of Gary A. Plourde as Senior Vice President of Sales and...

Cornerstone Group, a West Warwick, Rhode Island, benefits advisory firm, has added Cornerstone Retirement Advisors as a subsidiary.

Mitch Cox has been named Managing Director and Head of the Global Investment & Product Office (I&PO) at Barclays Wealth, a global wealth manager and adviser.