Deals and People January 16, 2008

FundQuest Hires New Director of Retirement Management Solutions

January 16, 2008 (PLANSPONSOR.com) - FundQuest, a global provider of managed account investment solutions for financial institutions and advisers, has hired Leslie Prescott as Director of Retirement Management Solutions.
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Prescott will lead the development of FundQuest’s retirement platform offering which is currently available to over 2,000 advisers, according to a press release.

Prescott was previously at Fidelity Investments where she held various positions including Vice President for the Retail Retirement Services group, focusing on rollovers and joint marketing efforts with the Fidelity Brokerage Company. She developed a scalable financial planning offering targeted to employees of Fidelity’s retirement plan sponsor clients, the announcement said.

Prior to her time with Fidelity Investments, Prescott was a management consultant at CSC Index Group, working with Fortune 500 companies on strategic and operational projects.

“We are eager to see the retirement platform evolve through Leslie’s direction,” said Bob Del Col, Founder and Chairman of FundQuest Incorporated, in the announcement. “We’re confident Leslie’s leadership and experience will enable her to make continuous improvements to the platform to support our current clients and to attract new financial advisory firms for FundQuest’s services.”

FundQuest’s turnkey retirement platform enables financial advisers to deliver advanced planning, implementation, and monitoring services to help individual investors achieve sustainable income during retirement. A white paper, “A Process-Centered Approach to Retirement Income – Best Practices for Institutions and Advisors,” describes the practical and actionable framework for FundQuest’s platform and is available at www.fundquest.com/press-resea .

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