Deals & People

Mercer named Sharan Mitchell Carlisle as market leader—Great Lakes region and Steve Gordon as market leader—Southeast region for its outsourcing business.

As ING Advisors Network considers what to do with its group of broker/dealers, Valerie Brown was named new CEO.

Barclays Plc and CVC Capital Partners may have already agreed to a $4.4-billion deal for Barclays’ iShares funds business, but Barclays apparently is still entertaining offers, according to...

Mercer announced the addition of six new hires to support the expanded distribution of its defined contribution (DC) administration services to plan sponsors with 500 or more employees.

HighTower, a financial services firm serving high-net-worth (HNW) clients, has added several advisory teams across the U.S.

RolloverSystems, Inc. (RSI), an independent provider of rollover services, announced it is boosting its distribution capabilities with the appointment of two new regional sales directors.

The Florida State Board of Administration (FSBA), has hired Hewitt Associates as recordkeeper for the FSBA’s $3.8-billion 401(a) retirement savings program.

Mobile, Alabama-based DailyAccess Corporation has named Michelle Gosnell as senior vice president of Operations.

USI Consulting Group tapped Kyle Stevens as a vice president of Retirement Services, based in Chicago.

An employee group finalized a deal to acquire a majority ownership stake in Neuberger Berman Group LLC, with the now-defunct Lehman Brothers continuing to hold the rest of...

Portland, Oregon-based Arnerich Massena&Associates, Inc., brought on Jacob O’Shaughnessy to its institutional client group.

Wells Fargo&Co. said Monday that it has rebranded its newly acquired brokerage, Wachovia Securities, as Wells Fargo Advisors.

Registered investment adviser Beck, Mack&Oliver, acquired Austin Investment Management, Inc.

SageView Advisory group has added Nichole Reidy and Frank Ricchiuti as advisers, the company said.

Bank of America (BofA) Chief Executive Kenneth Lewis was forced out of his role as chairman and will be replaced by Walter Massey.

Retirement plan recordkeeper ExpertPlan announced it has hired John Farmakis as its new executive vice president of Sales, Marketing&Business Development, effective May 1.

Seno Bril joined the SunTrust Banks, Inc., as managing director and head of International Wealth Management.

Bank of America Corp. is getting rid of one of its pay cuts for some lower producers, according to reports.

Wachovia Bank, a subsidiary of Wells Fargo&Company, has agreed to acquire the defined contribution plan recordkeeping business of Texas-based Comerica Bank.

The American Bar Association Retirement Funds Board of Directors has named Scarlett Ungurean as the program's executive director.