Nuveen Expands DCIO Efforts


Nuveen Investments announced additional efforts in developing its business platform that serves the employer-sponsored retirement market as a defined contribution investment only (DCIO) service provider.

 Chris Fitzgerald has joined the firm as a Senior Vice President. He joins the existing sales team of Joe Iarrobino, Paul Redden and Anders Smith who work with Nuveen’s recordkeeper partners and retirement plan advisers throughout the country as Retirement Plan Consultants.   

Based in Chicago, Fitzgerald will serve as Director of Business Development for retirement platforms. He will report to David Levi, Managing Director, Global Business Development.  

According to the announcement, Fitzgerald has enjoyed an 18-year career in the financial services and retirement plan industry, and joins Nuveen from Van Kampen Investments where he most recently managed its defined contribution home office relationships. Prior to Van Kampen, he served at Nationwide Financial and Strong Investments.  

In addition, the company announced that effective July 1, 2010, the majority of Nuveen’s equity mutual funds lowered their management fees and extended and/or lowered their expense caps.  

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