Symetra Expands Sales Team with Three East Coast Reps

David Cohen, Andrew Olig and Ken Terranova have been added to Symetra Financial Corp.’s registered investments sales team.

The sales consultants will represent Symetra True Variable Annuitywith fee-only registered investment advisers and fee-based broker/dealer advisers from Maine to Pennsylvania:

Cohenjoins Symetra from Sentinel Investments where he was senior vice president, investment strategy group, responsible for sales support to the registered investment adviser channel nationwide. He previously held sales positions with J.P. Morgan Fleming Asset Management, State Street Research and Hartford Life Distributors. He holds a bachelor’s degree from Ithaca College, and Series 7 and 65 licenses from FINRA. Based in Philadelphia, Cohen is Symetra’s senior investment specialist for Pennsylvania and West Virginia.

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Olig most recently was regional marketing director at Hartford Mutual Funds, where he served on the Hartford Mutual Funds Advisory Board. Before his eight years at The Hartford, Olig worked at Putnam Investments as an internal wholesaler and regional sales associate. He holds a bachelor’s degree from Central College in Iowa, and Series 6, 7 and 63 licenses from FINRA. Based in Boston, Olig is Symetra’s senior investment specialist for the New England area.

Terranova brings to Symetra extensive investment product sales experience at Prudential, State Street Global Advisors and, most recently, at Tocqueville Asset Management. At Tocqueville, he served as director of intermediary sales and worked with registered investment advisers, wirehouses, retirement platform providers and key account partners. He holds a bachelor’s degree from Rutgers University, and Series 7 and 63 licenses from FINRA. He has the following certifications: CIMA, AIF, CMFC and AAMS. Based in northern New Jersey, Terranova is Symetra’s senior investment specialist for the Greater New York market.

 

Firm Rolls Out 401(k) Loan Protection Campaign

Custodia Financial launched Protect My 401(k) Loan, a campaign to raise awareness of 401(k) involuntary loan defaults, and introduce a solution.

Anchored by a new educational website at www.ProtectMy401kLoan.com, the campaign strives to educate the general public, media and members of Congress about the growing problem of involuntary 401(k) loan defaults and a solution that exists.  

According to the firm, Congress is currently debating a bill that could provide relief to borrowers across the country. H.R. 3656, the Retirement Savings Security Act, would allow defined contribution plans to enroll participants into loan life, disability and unemployment insurance or similar protection.   

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H.R. 3656 encourages plans to auto-enroll participants, who may opt out or decline coverage, into 401(k) loan protection.  

Custodia Financial offers protection for personal financial resources, including retirement savings loan protection.

 

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