Deals & People

Clay Smudsky has been appointed managing director, head of distribution, a new position at Forward Management.

Kanika Brooks was hired as director of retirement plan services for Kolinsky Wealth Management Inc., an independent registered investment adviser in Woodcliff Lake, New Jersey.

The Guardian Insurance & Annuity Company Inc. named Jasonn D. Potter regional vice president for its retirement plan sales team.

SageView Advisory Group has added six retirement industry professionals to its team.

Bay Colony Partners, a retirement consulting group in Boston, was acquired by CAPTRUST Financial Advisors.

Redhawk Wealth Advisors Inc. selected ExpertPlan to provide recordkeeping and administrative services for the advisory firm’s qualified retirement plan business.

True Private Wealth Advisors LLC in Salem, Oregon, was formed by partners Brett Davis and Steve Altman, and partners Todd Gescher and Jason Herber.

Lauren Locker was elected national chairman of the National Association of Personal Financial Advisors (NAPFA) on August 31 to fill the recently vacated position.   

Sean Zent has been hired as a retirement plan consultant, opening an office in Buffalo, New York, for CPI Qualified Plan Consultants Inc.

Brendan M. Gill was appointed senior vice president and head of national accounts in the adviser solutions group of Neuberger Berman Group LLC.

Betsy Custer has joined White Horse Advisors LLC as a retirement plan adviser.

Massachusetts Mutual Life Insurance Company has agreed to purchase The Hartford’s retirement plans business for $400 million.

 Jim Dario has been named managing director of product management for TD Ameritrade Institutional.   

Several personnel appointments to support the small to midsize corporate retirement plans market were announced by ING U.S.’s retirement business.

Michael Bernstein was promoted to head of North American business development at Lyxor Asset Management Inc., an affiliate of Lyxor Asset Management S.A.

James T. Mattera was named regional director of sales, a new position at Tegrit Group.

Stefan Lambert has been appointed managing principal of Lincoln Financial Advisors Corp., serving as market leader for Northern Virginia and surrounding field offices.

Financial Telesis Inc. expanded its advisory team with the addition of ABD Retirement Services, a division of ABD Insurance and Financial Services.

Abigail P. Johnson, the granddaughter of Fidelity’s founder, has been tasked with a broader role in running more businesses of the financial services firm.

Richard Lundgren has been hired as regional director of bundled sales for private-sector retirement plans at Nationwide Financial.