Deals & People

A partnership between Boston Wealth Management (BWM) and Marathon Retirement & Pension Consulting (Marathon RPC) brings joint assets to more than $500 million.

John Hancock Retirement Plan Services (RPS) announced the promotion of Barbara Wilderman to regional vice president in the Southeast division.

Wellspring Advisor Group is the newest addition to the LPL Financial broker/dealer platform.

With the affiliation of John Carroll and his new company, Wellspring Advisor Group LLC, Pensionmark Retirement Group has opened its first office in Louisiana.

Gate City Advisors, based in Greensboro, North Carolina, is the newest firm to join the NFP Advisor Services platform.

Global consultant Mercer has appointed Muriel Knapp as the national business leader for its Defined Contribution (DC) Advisors specialty practice.

The London Stock Exchange Group says it intends to sell the investment management portion of Russell Investments, while keeping Russell’s lucrative indexing business.

Independent retirement plan provider Northwest Plan Services expands its business and services with the acquisition of CDM Retirement Consultants.

QBI, LLC has acquired Strategic Pension Services, Inc. of Irvine, California.

Three key hires—Elizabeth Murphy, Mary Beth Glotzbach and Christina Manonian—in institutional sales, relationship management and consultant relations will strengthen Franklin Templeton’s foothold in the institutional marketplace.

Securian Financial Group expanded its Chicago office with the addition of David Foley as regional sales vice president.

Treye Weilbacher has joined John Hancock Retirement Plan Services as a regional vice president, responsible for sales and relationship development with financial representatives and plan consultants.

Jim Lake, previously national sales manager of individual annuities, has been promoted to national sales manager of Guardian Retirement Solutions.

Asset management and financial technology company EQIS appointed Tom Cote to head its capital 401(k) managed account program.

Norm Champ will step down from his post as director of the division of investment management at the Securities and Exchange Commission (SEC) later in January.

Annette Guarisco Fildes has been appointed CEO of the ERISA Industry Committee (ERIC).

Pinnacle Plan Design has expanded into the New York market with the addition of Susan Feit as a consulting actuary.

Broadridge Financial Solutions has signed an agreement to acquire the trade processing business of the Wilmington Trust Retirement and Institutional Services (WTRIS) unit of M&T Bank Corp.

Mercer has appointed Christine Mahoney as South market leader and Scott Jarboe as South market retirement leader, both based in Washington, D.C.

Shane Hall Financial has partnered with PlanMember Securities Corporation as a PlanMember Financial Center.