Deals & People

Former Co-Heads of Morgan Stanley Smith Barney’s Capital Markets Division, Kevin Morano and Tom O’Brien, have founded SumRidge Partners, LLC, a fixed income broker/dealer.

Ridgeworth Investments has chosen Bob Kuberski to build and lead a retail sales team in the newly-created role of National Sales Manager for the Retail Advisor channel. 

Putnam Investments announced the promotions of Robert E. Alan to Head of North America Consultant Relations and Keith E. Thomas to Head of International Consultant Relations.

John J. Sohn has been named a partner of The Wagner Law Group, effective January 1.

linkedFA, a social networking site specifically for financial professionals, announced today that Richard Joyce will become Chairman of the Board.  

Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Strategic Benefit Solutions, Inc. (SBS).

Charlie Vieth and Steve Zients of Act2 Retirement Consulting have affiliated with practice management firm Retirement Plan Advisory Group (RPAG).

 Mariner Wealth Advisors has acquired the CBIZ Wealth Management team, formerly a part of CBIZ Inc., effective January 1.  

USI Consulting Group named Erica Swett as Vice President of Retirement Services, based in Dallas, Texas.

J.P. Morgan Asset Management (JPAM) has tapped John Galateria as managing director, head of Defined Contribution Investment Solutions (DCIS). 

CAPTRUST Financial Advisors has announced the acquisition of another adviser team. 

While most of the nation was at home preparing for the holidays, Charles Schwab was in the hospital. 

Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Trion Group Inc.

ProManage, a firm that provides customized managed accounts, participant advice, plan metrics, and consulting services to defined contribution plan sponsors, has named a new CIO....

JMG Financial Group, Ltd. has appointed Thomas Harty as a retirement plan consultant.

Nationwide Financial Services has turned to Charles F. Rolph as Director of Advanced Sales.

Wilmington Trust has added three senior wealth advisors to the company’s Wealth Advisory Services (WAS) business in the Northeast region.   

Bonnie Baker has joined Lincoln Financial Distributors as relationship manager for the Institutional Retirement Solutions Distribution (IRSD) consultant channel, focused on wirehouses.

BMO Financial Group announced Friday that it will acquire Marshall & Ilsley Corporation (M&I) in a stock-for-stock transaction.

First Allied Securities, an independent broker/dealer, hired Guy J. Hocker as Senior Managing Director of its pension services division.