Deals and People

Principal says, with the acquisition, it will gain a strong foothold with mid-sized employers as more than two-thirds of Wells Fargo’s institutional retirement assets are in plans ranging...

BlackRock confirms leadership shift in retirement business; Buck selects wealth practice leader for Central region; and more.

Wilshire Phoenix names new partner for new division; Drinker Biddle & Reath hires new ERISA attorneys; and more.

Schroders adds promotions and hires to distribution team; Niles Lankford Group rebrands to Latitude; and Franklin Templeton names IPM for emerging markets team. 

“While the VALIC name is strong and well respected, the AIG name carries even greater recognition in the marketplace and among sponsors, consultants and participants,” Rob Scheinerman, president,...

intellicents buys Texas financial planner; Conte Weatlh Advisors adds primary adviser in Tampa location; and Jennison Associates hires fixed income team managing director.

"This transaction will allow PNC to focus on providing fiduciary investment advice to our retirement clients, which is the core of our business," says Alistair Jessiman, EVP and...

GoldPoint Partners Appoints Managing Principle; Jennison Associates Names Sales and Client Services Manager; IRI Promotes Former Legal and Governmental Industry Experts; and more. 

BPAS partners with bank to create 401(k) platform; intellicents opens office in Colorado; and Seelaus names managing director of firm’s subsidiary.

AXA Equitable appoints president; Wilshire announces series of promotions and hires; DWS Group adds investment solutions head; and more. 

Industry consultant moves to SageView; NIRS positions third executive director; TRA acquires pensions administration firm; and more.

Murphy and Reynolds take new roles at Great-West; Hooker & Holcombe announce promotion and hires; The Standard brings in director of stable value sales; and more.

While the firms are better known for their sizable banking businesses, both BB&T and SunTrust offer DC plan recordkeeping services; plan sponsor clients “should expect business to continue...

The founder of PIMCO is known as one of the most successful bond managers in U.S. history; his rocky 2014 breakup with the firm he founded offers some...

Voya names Government practice leader; Mercer reveals key leadership appointments; JHRPS discloses succession of TPA head; and more.

“Through Empower Retirement and Great-West Investments, we will have the opportunity to further our leadership position in the defined contribution retirement market and bolster our position in markets...

Former PBGC counsel joins The Wagner Law Group; Buck names chief actuary; Pentegra announces DC client services VP; and more.

Ascensus and State Farm conclude pension and IRA transfer; Drinker Biddle welcomes employee benefits partner; Cafaro Greenleaf hires head of Boston office; and more.

Jack Bogle set out to prove that mutual funds could operate independently, and do so in a manner that would directly benefit their shareholders; he said this was...

Jennifer Benz, senior vice president, who was CEO of Benz Communications, said its acquisition by The Segal Group expands areas of service for both firms.