Deals & People

Secretary of Labor Hilda L. Solis announced her resignation.

Brad Adams has been promoted to managing director of Tortoise Capital Advisors LLC in Leawood, Kansas.

J.P. Morgan Asset Management – Global Real Assets hired John Faust as a managing director and client portfolio manager for real estate.  

On a steady course of expansion, CAPTRUST Financial Advisors in Raleigh, North Carolina, has acquired Freedom One Financial Group in Clarkston, Michigan.

T. Timothy Ryan Jr., Securities Industry and Financial Markets Association (SIFMA) president and chief executive, has submitted his resignation.

Donie Lochan joined LPL Financial LLC as executive vice president of business technology services (BTS).  

Mark Dacey has been named head of U.S. consultant relations and Amy DiMarzio, fixed-income investment strategist, at Pioneer Investments.

Nancy Grady has joined Northern Trust as head of U.S. fund administration and fund accounting-Americas. 

Citigroup Chief Executive Michael Corbat appointed Jamie Forese and Manuel Medina-Mora as co-presidents of Citi.

Jorge Martinez-Fonts joined ERISA Fiduciary Advisors (EFA) as director of client services.

John B. McDermott has become chief investment strategist of Symmetry Partners LLC.

Gregory Frost was named chief financial officer of Hartford Mutual Funds.

 

Thomas Klugherz was hired as portfolio and client services officer by the U.S. real estate business of UBS Global Asset Management.

 Gabriela Heffernan was named regional director for the South West for Putnam Investments’ 401(k) team.  

Segal expanded and renamed its fiduciary liability insurance practice. 

Keith Reynolds and Richard Pietrzak have been named consultants at Segal Rogerscasey.

Independent Wealth Advisors Group and TBCI have merged into a registered investment advisory with total assets under management of more than $100 million.

Greg Tencza was named managing director and head of institutional distribution at ING U.S. Investment Management.

Evercore Wealth Management LLC announced the completion of its acquisition of Mt. Eden Investment Advisors in San Francisco.