Deals & People

Edge Asset Management in Seattle, Washington, announced Egor Rybakov has joined Edge as a portfolio manager for International Equity, effective December 1, 2010.

The Charles Schwab Corporation selected Marie A. Chandoha as president and CEO of Charles Schwab Investment Management, Inc. (CSIM), the investment adviser to Schwab and Laudus Funds.

Wilmington Trust appointed Richard F. Pagnoni as vice president for the Client Development team.

Russell Investments has hired Cynthia Steer as managing director, investment strategy.

J.P. Morgan Asset Management hired Michael Falcon as Managing Director and Head of Retirement in the U.S. and Canada.

New York Life announced the appointment of David Castellani as senior managing director and head of New York Life Retirement Plan Services (RPS), effective immediately.

The Morgia Group has joined HighTower, an open-source, adviser-owned cooperation of established practices specializing in high-net worth and institutional clients.   

Great-West Retirement Services appointed Julie Costello as a third-party administration (TPA) relationship manager for the west region.

Great-West Retirement Services appointed Michael Fennessy as regional sales director for Los Angeles.

Mercer signed an agreement to acquire Hammond Associates, an investment consultant for endowments, foundations and private wealth and health care markets.

Broadridge Financial Solutions signed an agreement to acquire Matrix Financial Solutions, Inc. for $201 million in cash.

Charles Schwab has appointed Neil T. Hickey to be Managing Director, Defined Contribution Investment Only.

Mesirow Advanced Strategies, Inc. (MAS) has hired Bruce McGuire as a vice president and senior member of its client relationship team.

New York Life Investments announced changes in its organizational structure in order to focus on the expansion of its third party institutional businesses initiatives.

Nationwide Financial Services has tapped Eric Stevenson as senior vice president and chief sales officer for its public-sector retirement plans subsidiary, Nationwide Retirement Solutions (NRS).

Northern Trust has appointed Peter Cherecwich as head of Global Fund Services (GFS).

Salient Partners, L.P. announced its acquisition of Integrity Capital Services, LLC and named Integrity’s founder, Lee Partridge, as Salient’s Chief Investment Officer.

Hand Benefits and Trust Company named Martin Campbell to the new position of Senior Consultant Institutional Trust, responsible for collective trust fund sales and consulting.

Goldleaf Partners is expanding its Regional Sales and Service Center in its Twin Cities Office and is hiring John Selander as Client Relationship Manager.

Paul G. Escobar will be heading up a new division at Bay Colony Partners, a privately held independent retirement planning firm.