Deals & People

ING Investment Management has hired Ken Sarafa as Senior Vice President, Institutional Sales and Relationship Management, with responsibility for the Midwest region.

Symetra Life Insurance Company plans to expand its annuities portfolio and develop new registered products, hiring Kevin Knull to head up these endeavors.  

Safe Harbor Asset Management (SAM) has formed a partnership with MilleniuM Investment & Retirement Advisors (MIRA) in support of its 401k Solution.

Fiduciary Investment Advisors, LLC (FIA) announced that Vincent M. Smith has joined the firm as an investment consultant.

Rafalko Investment Advisory, LLC has acquired Piedmont Independent Fiduciaries, both Virginia-based firms.

The Guardian Life Insurance Company of America has appointed Jason Frain, Vice President, 401(k) Product Management and Development, Retirement Solutions.

Great-West Retirement Services has appointed Daniel Friel as third-party administrator relationship manager for the East region.

Ariel Investments, LLC named Rupal J. Bhansali as Senior Vice President and Chief Investment Officer of International Equities.

Russell Investments announced that Shelton Unger joined the firm to lead Russell Index sales and relationships with retirement plan sponsors, foundations, and endowments.  

Prisma Capital Partners has hired Arthur Richardson to work as a risk manager. 

Russell Investments has expanded its institutional defined contribution team with the appointments of Keith Lennon and Michelle Rappa.

Franklin Templeton Multi-Asset Strategies (FTMAS) has hired five investment professionals to the platform’s global tactical asset allocation (GTAA) group.

Edge Asset Management has appointed Greg Tornga as portfolio manager and head of fixed income.

UBS Global Asset Management announced that Aaron Kilberg has joined the firm in a new role as Executive Director, Head of Equity Growth Sales.

Kelley Drye & Warren LLP has announced the election of three partners and appointment of two special counsel.

DBL Investors appointed Lisa Hagerman as Director of Double Bottom Line Programs, and Patrick Sagisi and Sarah Ham to be Associates on the investment team.

Dee Sawyer has been appointed Head of Defined Contribution (DC) Product Management at Bank of America Merrill Lynch. 

Charles Schwab Investment Management, Inc. (CSIM), the investment adviser to Schwab and Laudus Funds, has announced the appointments of Omar Aguilar, Brett Wander, and John Sturiale to the...

Russell Investments has appointed Len Brennan as president and chief executive officer.

HighTower, a national financial services company serving high net worth and institutional clients, has acquired VWG Wealth Management, located in Vienna, Virginia.