Retirement Industry People Moves

This week: Jefferson National creates an investment and research position, CBIZ makes another acquisition, Arnerich Massena names a division managing director and more.

Thomas Quinn has joined Jefferson National as chief investment and research officer, a new position.

Quinn will develop proprietary research and investment tools to help registered investment advisers (RIAs) and fee-based advisers to optimize portfolio management and tax-advantaged investing. The firm is also launching Quinn’s Investing Insights whitepaper series, starting with “A Strategic Approach to Managing Taxes,” which offers strategies that can be implemented before the end of this year, as well as throughout 2016.

Quinn has 15 years’ experience in the investment industry, 10-plus as a portfolio manager, developing proprietary quantitative models to analyze and manage various investing needs and working with products including investment-only variable annuities (IOVAs), exchange-traded funds (ETFs), mutual funds and fixed income. He also has expertise in alternative investments.

Previously, Quinn was chief investment officer of Spouting Rock Financial Partners, a boutique consulting firm serving investment advisers and trust companies. He was the lead portfolio manager for RIA clients, overseeing asset allocation, manager selection and construction of liquid alternative portfolios. He also was senior portfolio manager and chief risk officer at a family office, where his proprietary quantitative models analyzed and managed the firm’s equity and hedge fund portfolios. He began his career at the Glenmede Trust Co. as a quantitative analyst and high-net-worth portfolio manager.

Laurence Greenberg, president of Jefferson National, says the job was created to make use of Quinn’s strengths as an investment professional and “innovative approach to analytics.”

Quinn holds a bachelor’s degree in economics from Ursinus College and a master’s degree in economics from Temple University. He holds the Chartered Financial Analyst (CFA) designation.

NEXT: CBIZ continues to expand with Kansas pension plan consultant

CBIZ Inc. has acquired The Cottonwood Group Inc. of Overland Park, Kansas, effective December 1.

Cottonwood, with 15 employees, provides pension plan consulting, actuarial and investment services for institutional pension plans, retirement funds, endowment funds and foundations. The firm reports that it recorded approximately $3.1 million in revenue over the past year.

Janet Thompson, principal of Cottonwood, says joining CBIZ will allow the company to offer the national resources that will help them compete in today's market. “We think joining CBIZ will also give our associates more room to grow in their careers and that will directly benefit our clients as well,” she says.

Steve Gerard, chairman and chief executive of CBIZ, cites Thompson and John Dykes, principal of Cottonwood, for their experience and reputation.

CBIZ acquired a pension administration firm in October and bough Tegrit Retirement Planning last year.   

NEXT: Arnerich Massena names new leadership in institutional services

Terri Schwartz has been named managing director of the institutional services group at Arnerich Massena Inc.

Previously, Schwartz was director of business development. She will be responsible for the strategic development of Arnerich Massena’s institutional and retirement plan services team, providing oversight of the firm’s services to corporate and non-profit clients. She will continue to oversee the firm’s business development team.

Schwartz has more than 30 years of experience in financial and investment consulting, client relations, and executive business planning. She previously served as director of consultant relations for Cutwater Asset Management, a BNY Mellon company, and as a financial consultant/principal and director of client relations for another consulting firm. She has also held various sales and marketing roles at Arnerich Massena & Associates, Inc., the Investment Consulting Group of Dain Bosworth, and Salomon Smith Barney.

Tony Arnerich, chief executive, cites Schwartz for her depth of experience and knowledge of the investment consulting industry.

NEXT: The Wagner Law Group takes on new ERISA attorney

Barry Salkin, a New York ERISA (the Employee Retirement Income and Security Act) and employee benefits attorney, will join The Wagner Law Group as of counsel, effective January 1.

Salkin is a prolific ERISA and employee benefits lawyer, with substantial expertise in both qualified and nonqualified retirement plans, executive compensation, welfare plans, and Title I ERISA matters.

He has been published on a variety of ERISA topics and is an editor of the “Benefits Law Journal.” Salkin has also been selected as a New York Super Lawyer from 2011 to the present.

Marcia Wagner, managing director of The Wagner Law Group, says Salkin will add a strategic element of “outstanding expertise” to the firm’s attorneys.