Deals & People

Troy Redstone joined Lockton Companies in Kansas City as a producer specializing in employer-sponsored retirement plans and investment advisory consultation.

The Securities and Exchange Commission (SEC) announced the formation of an Investor Advisory Committee to give investors “a greater voice in the Commission's work.″

Invesco announced that Thomas J. Hughes has joined its Institutional Sales and Client Service team as managing director.

Stephen L. Deschenes has been named senior vice president and general manager of the Annuities Division for the U.S. operating unit of Sun Life Financial, the company announced...

Bank of New York Mellon subsidiary Pershing added more than 30 solution providers to its ValueAlliance program.

M Financial Group announced that Woodbury, Minnesota-based Legacy Wealth LLC joined as an M Member Firm.

Abigail Johnson, daughter of Fidelity Investments Chairman Edward C. Johnson III, was named the new chair of the Fidelity board that oversees its 161 fixed-income and asset-allocated funds.

Angelo Auriemma joined Plan Sponsor Advisors as the director of Investment Advisory Services, the firm announced.

Portland, Oregon-based independent investment consulting firm Arnerich Massena&Associates, Inc., brought on David Reichle as director of Arnerich Massena Wealth Management.

The Vanguard Group has submitted a $5-billion bid for the iShares unit of Barclays, according to news reports.

National Retirement Partners, Inc. (NRP), announced that nine practices have recently joined its network of independent, retirement-focused advisory firms.

The Retirement Services division at American United Life Insurance Company (AUL) announced the appointment of Mitchell Haber as a regional sales director in the Los Angeles-based regional retirement...

Transamerica Retirement Services announced the promotion of Stig Nybo to president of Transamerica Retirement Services.

The Online 401(k), a provider of full-service Web-based 401(k) plans, continues to expand its network of financial advisers.

Neuberger Berman Group LLC announced Michael J. Holmberg, a veteran distressed credit portfolio manager, has joined the firm.

Fidelity Investments has tapped Jacques Perold for the newly created position of chief operating officer of Asset Management.

EPIC Advisors, Inc., announced it has entered into a strategic partnership with Structured Wealth Management, Inc., of Fort Worth, Texas, to represent EPIC's services in the Southwest.

OppenheimerFunds, Inc., announced that Manind ('Mani') Govil was named team leader and portfolio manager of the Main Street equity team.

While considering selling its iShares unit to the CVC Capital Partners Group equity firm, Barclays has also received inquiries from other possible suitors for its Barclays Global Investors...

CPI Qualified Plan Consultants, a Great Bend, Kansas-based third-party administrator (TPA) and recordkeeper, agreed to acquire Gatekeeper Administration&Consulting, a Flagstaff, Arizona-based TPA specializing in the education industry.