Kravitz opens and staffs a new Chicago office; Jody Ackerman joins John Hancock RPS as a regional vice president; Chris Barrett joins Stadion as a regional vice president; and James Macey becomes co-lead on Franklin Templeton Allocation funds and TDF suite.
In February, the weak stock market again led 401(k) participants to flee equity investments for fixed income funds, according to the results of the Hewitt 401(k) Index.