Deals & People

Eugene Schloss, founder of Schloss & Company, is retiring after 39 years of providing retirement planning solutions to clients in Long Island, New York.

UBS Global Asset Management has hired Louis Finney as Executive Director and Senior Strategist, Global Investment Solutions. 

Old Mutual Asset Management (OMAM) has named Michael Raso Senior Vice President and Director of Institutional Retirement. 

Symetra Life Insurance Company has hired three regional sales leaders: Christopher Koettker, Andrew McMillan, and Steve Mezei. 

Wells Fargo Insurance Services announced the acquisition of EDIFY, LLC, an employee benefits consulting firm based in Fort Lauderdale, Florida.

Principal Global Investors, LLC made a definitive agreement to acquire a 74% stake in Origin Asset Management, LLP for approximately $66 million.

Echo Point Investment Management has appointed Howard Hassen as Consultant Relations Specialist.

Great-West Retirement Services announced that Mark Berman will join the firm as regional sales director for its Great Lakes market. 

Wesley S. Chan will join Acadian Asset Management LLC as Director of Research Operations.

SunTrust Banks, Inc. has appointed Ernest N. Dawal as Chief Investment Officer for its Private Wealth Management and Institutional Investment Solutions. 

Portland, Oregon-based Morley Financial Services has announced the appointment of Bill Gardner as director of sales and relationship management.

J.P. Morgan Asset Management has been selected as the investment manager and distributor for New York's 529 College Savings Program Advisor Plan.

MassMutual Retirement Services has hired Brian Curtin, Tapas Ghosh, and Richard Wright to join the firm’s Retirement Services sales and client management team. 

Cohen Milstein Sellers & Toll are launching its Fiduciary and Ethics Consulting Practice, with Suzanne M. Dugan and Luke Bierman as its first hires.

Russell Investments has promoted John Harrell and Paul Izzo to serve in the newly created positions of National Account Executive in the U.S. bank channel for its adviser-sold...

Manulife Asset Management announced that Nils C. Hegstad, CFA, will join its global Consultant Relations team as Manager.

Protective Life Corporation announced that Elaine L. Chao, former U.S. Secretary of Labor, has been elected to the Birmingham, Alabama, insurer’s Board of Directors. 

MetWest Ventures LLC announced it has acquired a majority interest in Reed Conner & Birdwell, LLC (RCB).

ERISA attorney Allison Grimm has joined Pension Planning $olutions, Inc. as General Counsel and Chief Compliance Officer. 

Independent investment firm Windham Capital appointed Chris Arnold as vice president, client relationship management.