Prudential Expands DC Business
Prudential Investments expanded its defined contribution business by establishing a new Southwest sales division.
Deals & People
Pacific Resources Under New Ownership
Pacific Resources—a nonmedical employee benefits advisory firm—was purchased by two of its senior executives.
F-Squared Hires Head of Investments
F-Squared Investments appointed Mark Marinella as head of investments.
Envestnet to Acquire Prima Capital
Envestnet Inc., a provider of wealth-management solutions for financial advisers, is acquiring Prima Capital Holding Inc.
BWC Launches as RIA Firm
Beirne Wealth Consulting LLC (BWC) launched as an independent registered investment adviser (RIA).
Great-West Appoints Regional Sales Director
Great-West Retirement Services appointed Cheney Hunt as regional sales director for San Diego, California.
CAPTRUST Continues Expansion
CAPTRUST has added four retirement industry veterans to its team of advisers and opened an office in Kansas City.
Goldman Acquiring Dwight Asset Management
Goldman Sachs Asset Management (GSAM) is acquiring Dwight Asset Management (Dwight) from Old Mutual Asset Management (OMAM).
TD Ameritrade Appoints President
Tom Nally was appointed president of TD Ameritrade Institutional, the firm’s business unit serving independent registered investment advisers (RIAs).
J.P. Morgan Asset Management Expands Strategy Group
J.P. Morgan Asset Management hired Roberts Grava as managing director in its Strategy Group.
Segal Advisors Acquires Rogerscasey
Segal Advisors acquired the business of Rogerscasey.
P-Solve Acquires Cassidy Retirement Group
P-Solve completed the merger of its U.S. subsidiary with Cassidy Retirement Group (CRG).
Retirement Plan Advisors Names VP
Retirement Plan Advisors (RPA) appointed Vernon Kempker as vice president of finance and operations in its Jefferson City, Missouri office.
U.S. Bank Acquires Trust and Custody Business of Union Bank
U.S. Bank National Association entered into a definitive agreement with Union Bank, N.A.
kasina Hires Head of Research
Larry Petrone was appointed as kasina’s head of research.
Curian Appoints Vice President
Curian Capital, LLC hired Keith Johnson as vice president of practice management.
Putnam Creates Head of Strategic Accounts Position
Putnam Investments appointed James F. Bumpus as the firm’s head of strategic accounts.
Alliant Expands Presence in Northeast
Alliant Insurance Services acquired Thesco Retirement Planning Services (TRPS).
Retirement Plan Advisory Group Forms Alliance with National Planning Holdings
Retirement Plan Advisory Group (RPAG) formed an alliance with National Planning Holdings Inc. (NPH) to provide access to its network of registered representatives looking to grow their retirement...
Pensionmark Expands to Indiana
Pensionmark Retirement Group opened an office in Fort Wayne, Indiana.