Deals & People

Financial advisers affiliated with 3 Mark Financial will now have access to Symetra Life Insurance Co.’s wealth management product, which helps high net worth clients transfer their assets.

PNC Institutional Investments has added Genworth’s ClearCourse group variable annuity as a 401(k) option on PNC’s platform.

Fidelity Investments announced on Monday that it had tapped Rodger A. Lawson as president of FMR Corp., Fidelity's holding company.

Transamerica Retirement Services has been added to Morgan Stanley’s roster of 401(k) providers.

CAPTRUST didn't have to look far for its latest acquisition.

Goldman Sachs Group Inc. has hired former U.S. Trust Chief Executive Peter Scaturro, 47, as the global head of its private wealth management business.

BISYS Retirement Services has acquired Fargo, North Dakota-based Frontier Trust Company from AXA Financial, Inc.

MassMutual Retirement Income (MMRI) has tapped Douglas. G. Russell, 47, as senior vice president, chief operating officer (COO) and chief financial officer (CFO).

Standard Retirement Services, Inc. has agreed to acquire the assets of Portland, Oregon based third-party retirement plan administrators DPA, Inc., and its associated investment adviser business, MasterPlan Advisors,...

Aon Consulting has tapped Cecil Hemingway to head its retirement practice operations.

Security Benefit on Thursday announced the signing of a definitive purchase agreement to acquire Rydex Investments.

Principal Global Investors, LLC has announced a definitive agreement to acquire Morley Financial Services, Inc., a stable value asset manager with over $14.0 billion in institutional assets under...

UBS Global Asset Management today announced the formation of the Defined Contribution and Retirement Solutions Group, established to help today’s defined contribution plans better meet the needs of...

BlackRock, Inc. has entered into an agreement under which it will acquire the fund of funds business of Quellos Group, LLC for up to $1.7 billion.

Nuveen Investments has agreed to be acquired by an investor group majority-led by Chicago-based Madison Dearborn Partners, LLC (MDP).

Chicago-based investment consulting firm Clark Strategic Advisors, Inc. (“CSA″) has become Stratford Advisory Group, Inc.

Aurora, Illinois-based Sikich LLP has announced the formation of a new subsidiary, Sikich Retirement Plan Services LLC.

Ceridian Corp., which last month agreed to be bought by private equity firm Thomas H. Lee Partners and Fidelity National Financial Inc., said on Wednesday it would be...

Mercer announced Wednesday that Barbara Marder has been appointed Global Defined Contribution Consulting Leader at Mercer, effective immediately.

Rydex Investments, manager of mutual and exchange-traded funds (ETFs), is near a deal to sell itself for about $800 million to $1 billion, according to TheStreet.com.