Deals & People

Nicolas Lance has joined the companies of OneAmerica in a newly created position of vice president, retirement income strategies.

Richard (Dick) Davies has returned to AllianceBernstein to lead the firm's defined contribution (DC) business.

The boards of directors of Ameritas Life Insurance Corp. and The Union Central Life Insurance Company approved a merger of the two affiliated insurance companies.

State Street Global Advisors (SSgA) appointed Mark Fortier as managing director and head of global defined contribution (DC) research and product development.

Mercer hired Mark Lawson and Ani Chatmajian within its U.S. benefits administration sales team.

Global asset manager Russell Investments has appointed Josh Cohen, CFA, as managing director, head of institutional defined contribution (DC).

Wells Fargo announced a leadership change in its institutional retirement business.

Transamerica Retirement Solutions added two positions to its pension sales and distribution team.

Fiduciary Investment Advisors (FIA) announced a series of promotions within the firm’s retirement consulting business.

The firm hired Michael Davis as director of institutional sales.

The firm hired Brad Schluter as vice president for institutional sales.

The firm hired Todd Burchett as a vice president and portfolio adviser within its portfolio management team.

Towers Watson has hired Edward Root as a senior pension risk transfer expert.

Zachary Karabell has joined Envestnet Inc. as head of global strategy, where he is tasked with helping advisers navigate the global economy’s impact.

Bank of America is moving its $19 billion defined contribution (DC) plan, currently with Fidelity, to the Merrill Lynch platform.

Raymond James announced Jim Bunn will become co-head of the firm’s investment banking practice starting January 1, 2014.

Householder Group, a network of 40 independent hybrid advisory practices, joined LPL Financial’s suite of broker/dealer and registered investment adviser (RIA) custodial platforms.

Mike DiCenso joined MassMutual’s Retirement Services Division as institutional segment market leader.

Andrew Gracan joined Great-West Financial as regional sales director of national accounts in the Northeast.

John Hancock Investments has hired three new managing directors for its Institutional team.