Stadion Money Management announced it has hired four new sales executives to meet financial advisers’ growing demand for its investment products.
Tim Butler, as Stadion vice president – institutional, will be responsible for distributing investment products to registered investment adviser (RIA) firms registered with the Securities and Exchange Commission (SEC), as well as to family offices and other institutions. He began his more than 25-year career in institutional investments, working in corporate retirement plan sales at Charles Schwab and at other defined contribution (DC) plan providers. He spent the last 11 years in charge of RIA custody sales with Fidelity’s Institutional Wealth Services. Butler has a BBA from the University of Georgia and a CEBS from the International Foundation of Employee Benefit Plans.
Brendan Kinnarney joins Stadion as regional vice president of investments in its New York State and metro New Jersey area. There he is charged with helping expand the firm’s investment solutions in its retail distribution channels and educating advisers and their clients about Stadion strategies and products. With a degree in business administration from the College of Charleston, Kinnarney was “a sales leader in the insurance industry,” before joining Stadion, the company says.
As regional vice president of investments, Chris Malkin will tend the Mid-Atlantic region, facilitating advisers’ and their clients’ understanding of the role of Stadion’s products in their client portfolios. Malkin attended Minnesota State University at Moorhead, where he earned a bachelor’s degree in marketing.
Ron Rodriguez, regional vice president of investments, will focus on retail distribution channels in South Texas, Louisiana and Mississippi. He has 28 years of investment management experience, having spent 18 years as a financial planner before joining Hartford in 2006 as a retirement and wealth consultant/wholesaler. Over the past seven years, he served as a regional vice president for Griffin Capital Securities, Realty Capital Securities and Resource Real Estate. He holds Series 7 and 63 registrations.
According to Jud Doherty, president and CEO of Stadion Money Management, the new hires are part of Stadion’s 50% overall growth in staff since 2011. Stadion, an independent proprietary money management firm, oversaw approximately $4.7 billion as of March 31