Zimpleman Expands Role at Principal
Larry D. Zimpleman will take on the new role of chief executive officer at the Principal Financial Group, effective May 1, 2008.
Deals & People
Citi, Legg Mason in Overlay Business Deal
Citi and Legg Mason have agreed that Citi Global Wealth Management (GWM) will acquire the overlay and implementation business of Legg Mason Private Portfolio Group (LMPPG).
Wall Street Access’ Private Wealth Management Group Names New MD
Charles McCollough Wright, CFA, has joined Wall Street Access’ Private Wealth Management Group as Managing Director.
Mutual of Omaha Puts Out TPA Service
Mutual of Omaha is now offering plan sponsors a retirement platform that integrates with existing third party administrators.
US Fiduciary Forms New Wealth Management Team
US Fiduciary, Inc. (USF) announced that Mark Tidwell and Charlie Rawl have left Stanford Financial and joined US Fiduciary’s platform, under the brand Zenith Wealth Management.
Mutual of Omaha to Acquire Retirement Product Wholesaler
Mutual of Omaha has entered into a definitive agreement to acquire the assets and personnel of Retirement Marketing Services (RMS), a Dublin, Ohio-based independent wholesaler specializing in marketing...
William McNabb III to Replace Vanguard Top Exec
The Board of Directors of The Vanguard Group has elected F. William McNabb III as President and Director of Vanguard, effective March 1.
RS Investments Bolsters Institutional Sales Team
Jared Buell has joined the San Francisco-based investment management firm as Vice President of Institutional Sales and Service.
Gateway Investment Advisers Acquired By Natixis Global Asset Management
Today, Natixis Global Asset Management announced its acquisition of Cincinnati-based investment manager Gateway Investment Advisers.
CBH Pensions Joins Alliance Benefit Group
CBH Pensions, Inc., provider of retirement plan consulting and administrative services, has joined Alliance Benefit Group, a national network of independently owned retirement plan consulting and administration firms.
Cornell Named to Pru Retirement Post
Prudential Retirement has tapped James K. Cornell as senior vice president and chief marketing officer.
OH Consultant Merges with RIA
Cincinnati-based financial consulting firm, CHALK Advisory Board, Inc., has merged with registered investment advisory firm, Fiduciary Consulting Group, Inc.
Principal Integrates Consultant and RIA Support
The Principal Financial Group has adopted an integrated approach to support retirement plan consultants and independent registered investment advisers (RIAs).
JPMorgan Taps Murphy for Retirement Plan Services Post
JPMorgan has named James E. Murphy as chief executive officer of JPMorgan Retirement Plan Services.
Lincoln Announces New Head of Product for DC and Executive Benefits
Cynthia King has joined Lincoln National Corporation as Head of Product for Lincoln Employer Markets’ Defined Contribution and Executive Benefits business segment.
Waltman to Head up Pru Retirement Investment Products Team
Frank Waltman has joined Prudential Retirement as head of its Investment Products team.
Pru Fixed Income Taps Lillard as CIO
Prudential Fixed Income Management (PFIM) has named Michael Lillard as Chief Investment Officer, the company announced
Newport Group to Distribute Pru’s IncomeFlex
Prudential Retirement has entered into a distribution agreement with The Newport Group to offer Prudential IncomeFlex, a 401(k) retirement income solution.
Keane Joins MassMutual's Northeast Sales Team
William Keane has joined MassMutual's Retirement Services Division as a sales director, according to the firm.
A New Adviser Focus at T. Rowe Price
Heidi Walsh, who has headed up T. Rowe Price’s strategic marketing efforts, will now turn her focus to consultants and advisers.