On the Move

Transactions, promotions and new hires in the financial advisory industry.
Reported by PLANADVISER Staff

Hub International has named Joe DeNoyior as the new leader for its retirement and private wealth group. He takes over after the sudden death of the group’s previous president, Dave Reich.

➜ Retirement technology business Smart announced its new U.S. executive team, which will launch the company’s modern recordkeeping and retirement income solutions in the U.S. market.

Qualified Plan Advisors (QPA) acquired the retirement advisory practice of First National Bank of Omaha (FNBO). FNBO staff will join QPA to ensure a seamless transition for clients.

Mercer Global Advisors Inc. acquired Kays Financial Advisory Corp., a wealth management firm in Atlanta with more than $800 million of assets under management.

Vestwell named Richard Tatum as president of retirement services. Tatum will be responsible for scaling platform operations, administration and client services.

➜ Roger W. Ferguson Jr. of TIAA will retire as president and CEO on March 31. Ferguson steered TIAA through the financial crisis of 2008 and 2009 and moved quickly at the onset of the coronavirus pandemic to implement remote work for 17,000 global employees.

Beacon Pointe Advisors merged with CBD Wealth Management, a financial advisory firm in Metairie, Louisiana, with $690 million in assets under management.

Dechert LLP hired Howard Klein as a partner in the firm’s employee benefits and executive compensation group, in New York City.

PCS Retirement added to its leadership team: Tammy Ouverson, vice president of business development, and Savit Tewari, executive vice president of client service.

Empower Retirement appointed Jonathan Kreider to senior vice president and head of Great-West Investments, and Kenneth Munro III as national sales director for the company’s core market segment.

Tags
advisory practice, retirement plan adviser,
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