On the Move

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

TIAA named Thasunda Brown Duckett as its new president and CEO, starting May 1. Duckett was formerly CEO of Chase Consumer Banking for JPMorgan Chase, where she led a banking network with more than $600 billion in deposits.

Jamie Battmer joined Lockton Retirement Services as its chief investment officer. He will focus on accelerating retirement solutions for Lockton’s clients.

Hearts & Wallets appointed John Towle as chief client officer. He brings over 30 years of experience in product marketing, marketing communications and distribution marketing.

Prudential Financial Inc. selected Caroline Freeney to be CEO of its U.S. insurance and retirement business. She will be responsible for driving growth across U.S. businesses.

PWA Wealth Management joined CAPTRUST Financial Advisers. The Pittsburgh-based team brings 15 employees, including seven financial advisers, to its new firm.

OneDigital Investment Advisors acquired the assets of Fulcrum Partners, marking the former’s expansion into the nonqualified deferred compensation plan market.

Genovese Burford & Brothers Wealth & Retirement Plan Management LLC has merged with CAPTRUST Financial Advisors. Genovese Buford, headquartered in Sacramento, California, holds $3.13 billion in assets under advisement.

Will Fuller will succeed Mark Mullin as president and CEO of Transamerica. Mullin will become the new chairman of Transamerica Corp.’s board of directors.

Erin Cho joined Mayer Brown as a partner in its employment and benefits group in Washington, D.C. She specializes in Employee Retirement Income Security Act Title I fiduciary matters.

AIG selected Lisa M. Buckingham to the newly created role of executive vice president, global head of AIG enterprise design and life and retirement separation initiatives. 

Tags
advisory practice, M&As, retirement plan adviser,
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