PAi Appoints EVP of Sales

Steven Shackelford joined PAi as executive vice president of sales.

Shackelford brings 27 years of experience in retirement from his previous position at American Funds, where he was responsible for operations, sales and product development on behalf of key strategic client relationships.  He worked with a number of groups within the industry, industry including advisers, recordkeepers, third-party administrators (TPAs), transfer agents, insurance companies and trust companies.

As executive vice president of sales, Shackelford will be responsible for building a team to connect with brokers, advisers, TPAs and other outsource partners, to promote PAi’s brand as an independent national retirement recordkeeper.

PAi is a provider of 401(k) solutions for small-business customers.