Ascensus Taps 3 Regional Sales Heads
The retirement and tax-advantaged services provider follows recent restructuring with new retirement sales leads.
Deals & People
BIP Wealth Acquires The Money Advisor Group
Separately, Diversify Advisor Network launches a retirement plan advisory services program for financial advisers.
Fiducient Promotes Goss to President
He will succeed Mark Wetzel in the role and report to Sabrina Bailey, named CEO last year.
Advisory M&A News – 4/29/24
Aon completes acquisition of NFP; Wealth Enhancement Group adds Lynch Retirement Investment Group; UBS hires financial adviser team led by...
Retirement Industry People Moves – 4/26/24
PCS Retirement hires head of corporate development; Principal names Bhatia asset management arm CEO; Voya adds two MEP-focused roles; and...
Retirement Practice Lead Eickman Departing QPA
The national retirement lead for PCIA’s Qualified Plan Advisors will leave in July to join Bonnie Treichel at Endeavor Retirement...
401GO Raises $12M Series A Funding Led by Next Frontier Capital
Rally Ventures, Impression Ventures and Stout Street Capital contributed to the round, fueling the small plan provider’s growth strategy to...
Advisor360 Names Mike Fanning CEO
Fanning will succeed Richard Napolitano effective May 1.
Eric Henderson Retiring as Head of Nationwide’s Annuity Business
He plans to depart at the end of 2024 after nearly 40 years with the firm.
Betterment to Acquire Robo-Investing Accounts from Goldman Sachs
Goldman is shedding Marcus Invest accounts less than one year after exiting its personal finance management division; will keep Marcus...
Advisory M&A News – 4/22/24
Shore to Shore Private Wealth joins Janney; Ritholtz Wealth Management opens Los Angeles office; Citizens adds San Francisco wealth team...
Retirement Industry People Moves – 4/18/24
Ascensus names Torgerson to lead; New York Life hires Nixon as head of group benefit solutions claim operations; Pettman joins...
CAPTRUST M&A Head Benton Leaving Firm
Rush Benton, who worked on more than 40 wealth management-focused deals, will be leaving to start his own business.
Ted Benna Joins Salt Labs as Strategic Adviser
The ‘Father of the 401(k)’ will drive Salt’s market strategy to support hourly workers.
Product Partnerships – 4/17/24
Baird selects CAIS to centralize alternative investments; Cerity Partners merges with Agility in OCIO push; Ameritas works with Pontera to...
Ascensus to Acquire Vanguard’s Individual 401(k) Business
Vanguard to shed its individual 401(k), Multi-SEP, and SIMPLE IRA Plans.
Victory to Acquire Amundi’s $104B U.S. Division
The Paris-based asset manager Amundi will cede its U.S. business to Victory in exchange for a 26.1% stake in the...
Advisory M&A News – 4/15/24
Modern Wealth Management appoints Del Col to head advisory services; Waverly Advisors acquires McShane Partners; Chairez joins Ameriprise.
Citi Global Wealth CIO Stepping Down
David Bailin, who ran the investment office of Citi’s wealth division, is leaving May 15.
Retirement Industry People Moves – 4/12/24
Fava, Carter join Carson Group; Hub adds managing director of M&A and CMO; Farrell named retirement plan services director at...