Retirement Industry Deals and People Moves – 5/29/2026

Jacqui Smith Joins Fiduciary Trust Co. as VP, Investment Officer

Jacqui Smith

Fiduciary Trust Co., a Boston-based private wealth management firm, hired Jacqui Smith as a vice president and investment officer. Smith will report to Sid Queler, head of wealth management.

Smith will work closely with individuals, families and endowments on investment strategies and legacy planning.

Prior to joining Fiduciary, Smith was a portfolio manager and sustainability strategist at Reynders, McVeigh Capital Management, where she advised clients, helped guide the firm’s sustainability strategy and participated in shareholder engagement efforts.

More broadly, her experience spans finance, sustainability and energy roles in financial services. Smith began her career in the energy industry, which sparked her interest in sustainable investing, according to the announcement.

She earned a bachelor of arts degree from the University of Massachusetts Amherst and an MBA from Bentley University.

Nancy DeRusso to Head Guardian’s Client Solutions

Nancy DeRusso

The Guardian Life Insurance Co. of America named Nancy DeRusso as head of client solutions. DeRusso will focus on the adviser and client experience and support integrated guidance on wealth, insurance and long‑term outcomes.

DeRusso last worked at Goldman Sachs Ayco, where she held senior leadership roles for more than two decades and was named managing director in 2021. Her career includes jobs in holistic financial planning, digital advice, adviser development, enterprise relationship management and advising ultra‑high‑net‑worth families.

DeRusso earned a master of science degree in personal financial planning from the College for Financial Planning, along with a J.D. from Albany Law School and a bachelor of arts degree from the University at Albany.

Wells Fargo Hires Andre Mansour as AI Leader

Andre Mansour

Andre Mansour joined Wells Fargo & Co. as the head of artificial intelligence for wealth and investment management, according to Mansour’s post on LinkedIn. Mansour wrote that he will “drive the adoption of … compliant [artificial intelligence] capabilities” for financial advisers.

Mansour was last at Google for eight years, where he was head of capital markets for investment banking and asset management.

Previously, Mansour was the chief business officer at Palatine Analytics, product manager and strategist for Rare Carat, and an associate portfolio manager for Harris Associates, according to his LinkedIn page.

InspereX Names George Barbar as Chief Commercial Officer

George Barbar

Brokerage firm InspereX LLC appointed George Barbar as chief commercial officer. He will join the firm in mid-July, be based in Delray Beach, Florida, and report to CEO Scott Mitchell.

Barbar joins InspereX from Mesirow, where he most recently worked as a senior managing director and head of regional development and strategy. Prior to that, he held positions at BNY Pershing and LaSalle Bank.

Barbar earned a bachelor of arts degree from Wheaton College and an MBA from Florida Atlantic University.

SEI Names Nathan Shetty as CIO

Nathan Shetty

Nathan Shetty was named CIO of SEI Investments Co., effective June 1. He will be responsible for leading the financial technology service provider and asset manager’s investment platform across research, portfolio management and operations, according to the announcement.

Shetty joins SEI from Nuveen Asset Management, where he served eight years as managing director and head of multi-asset investing. Before that, he was global co-head of portfolio management for investment solutions at UBS Global Asset Management.

He earned a bachelor of science degree in finance from Duquesne University, a master of science degree in communication from Northwestern University, a master of science degree in statistics from Texas A&M University and an MBA in analytical finance and econometrics from the Booth School of Business at the University of Chicago.

UBS Wealth Management Appoints 2 Southeast Executives

UBS Wealth Management USA appointed two leaders of its Southeast wealth management region.

John Houlihan was named market executive for the South market and oversees private wealth management and wealth management businesses in Georgia, Tennessee and Arkansas. He succeeds Greg Achten, a recently retired 10-year veteran of UBS, and reports to Julie Fox, the Southeast regional director based in Atlanta.

Joining UBS in 2015, Houlihan was most recently regional market director for the Northeast. His more than three decades in financial services include being a regional director at Barclays and a variety of leadership roles at Morgan Stanley.

Tyler Hutchens was named market executive for the Greater Florida and Gulf Coast market. He oversees financial advisers in multiple Florida and Louisiana locations, including Orlando and New Orleans, as well as Jackson, Mississippi, and Montgomery, Alabama. He also reports to Fox and is relocating to Naples, Florida.

Hutchens most recently served as executive director and senior market director at UBS, overseeing offices in Denver and Boulder, Colorado. Prior to joining UBS in 2015, Hutchens held senior leadership roles with Bank of America Merrill Lynch.