Deals & People

Ellyn A. McColgan, who left Fidelity Investments abruptly this summer, has been named president and chief operating officer of Morgan Stanley’s global wealth-management group.

Matrix Financial Solutions, a provider of back-office, trust, custody, trading, and mutual fund settlement services for financial institutions, has acquired ICC Plan Solutions, a provider of communication materials...

Mobile, Alabama-based recordkeeper DailyAccess Corporation has announced the creation of an Institutional Sales team.

Raleigh, NC-based Schwab Performance Technologies (SPT) has entered into an agreement to acquire RIA back office outsourcing provider Etelligent Consulting, Inc.

The Hartford has made another acquisition – this time Sun Life Retirement Services (U.S.), Inc. (RSI), a 401(k) plan administration business.

Patrick Sullivan has been named as leader of SEI’s National Accounts Team, which delivers specialized support to broker/dealer home offices.

John Hancock Retirement Plan Services (JHRPS) has turned to Paul Fichera as Senior Vice President of Sales Development Services.

RolloverSystems Inc. (RSI) announced that DailyAccess has included RSI's retirement plan rollover and support services on its recordkeeping and administrative services platform.

Wealth Management Systems, Inc. (WMSI), provider of technology-based rollover services, announced that Scottrade, an online investment firm, will join WMSI’s IRA Marketplace.

Trusco Capital Management, Inc. has named James E. Stueve to the newly created position of Managing Director of Consultant and Financial Intermediary Sales.

ProManage, LLC, a managed account service provider, has appointed Stephen Foster as head of sales and marketing for the firm.

Marsh&McLennan Companies (MMC) has tapped Daniel S. Glaser as the new chief executive officer for its Marsh insurance brokerage.

Janus Capital Group Inc. has announced that Daniel P. Charles, vice president of institutional sales, has been promoted to managing director of the company’s institutional business.

Thomson Tax&Accounting has unveiled an online 401(K) feature in Payroll CS, its payroll processing application.

Union Bank of California, N.A., has signed a definitive agreement to sell its retirement recordkeeping business to Prudential Retirement.

XShares Advisors LLC has partnered with RPG Consultants, a retirement plan provider, to provide plan sponsors, advisers, and third-party administrators (TPAs) the ability to add lower-cost exchange-traded funds...

Topeka, Kansas-based Security Global Investors (SGI) has reached an agreement with Nationwide’s NWD Investment Management to hire the nine-person growth equity investment team from Nationwide Separate Accounts (NSA),...

ExpertPlan today announced it is partnering with Hauppauge, New York-based AccountantsWorld to provide full service retirement plan services to accountants and their clients.

Daniel Young has been appointed President and Chief Operating Officer of NFP Securities, Inc. (NFPSI), the broker-dealer of National Financial Partners Corp. (NFP), a national network of independent...

AIG VALIC has named Greg Garvin Executive Vice President of Independent Distribution.