Deals & People

CAPTRUST Financial Advisors announced that Jeff Montgomery and Quana Jew will join the firm’s advisory board.

Kravitz, a consultant in the design, implementation, and management of cash balance pension plans, has introduced the Cash Balance TPA Partners Program.

AIG VALIC has renamed its distributor, VALIC Financial Advisors, Inc. as AIG Retirement Advisors, Inc.

Executive benefit plan providers The Newport Group and The Todd Organization on Wednesday announced a deal under which Newport will acquire Todd’s administrative services unit, Todd Consulting, Inc....

Sentinel Investments, the investment management arm of National Life Group, and Citizens Advisers, Inc., the investment adviser to Citizens Funds, have agreed that Sentinel will acquire substantially all...

Jim Drury, the founder, Chairman, and CEO of BenefitStreet, has left the firm.

The Standard has announced the appointment of regional pension managers for the Midwest and Houston regions.

Sandy McCarthy, CitiStreet president of Retirement Services, has been named president of the company, it was announced today.

John Hancock Annuities has announced a new distribution partnership with retail brokerage firm Edward Jones through which John Hancock annuity products are expected to become available for distribution...

The Hartford has tapped Keith Sloane, a 23-year investment industry veteran, for the newly created position of senior vice president to lead the company’s mutual fund and 529...

ING Direct has agreed to buy ShareBuilder Corporation's online brokerage business for $220 million.

State Street Global Advisors (SSgA), the investment management arm of State Street Corporation, has announced that Thomas Anderson has joined its Intermediary Business Group as head of the...

Hewitt Associates has expanded its 401(k) services through a relationship with Wealth Management Systems Inc. (WMSI) and WMSI’s rollover resource.

Affiliated Computer Services (ACS) announced that it is partnering with Wealth Management Systems Inc. (WMSI) to offer a suite of rollover distribution options.

The Hartford Financial Services Group has named Keith Sloane to the newly created position of senior vice president to lead the company’s mutual fund and 529 businesses.

Lincoln Financial Advisors has hammered out an agreement with the American Osteopathic Association (AOA) to give AOA members access to Lincoln advisers’ services.

WealthTrust LLC announced it has signed definitive agreements to acquire Fairport Asset Management, a Cleveland, Ohio-based wealth management firm, and Axiom Asset Management, a Radnor, Pennsylvania-based wealth management...

The PNC Financial Services Group, Inc. has signed a definitive agreement to acquire Lawrenceville, New Jersey-based Albridge Solutions Inc., a provider of portfolio accounting and enterprise wealth management...

The Online 401(k), a provider of full-service Web-based 401(k) plans for small and single-person businesses, has announced its partnership with KG Advisors.

Dietz&Lynch Financial Group has unveiled an enhanced suite of retirement plan consulting services.