Deals and People

Mercer Advisors acquires Jordan Financial Strategies; Putnam Investments names head of sustainability strategy; Alera Group Retirement Plan Services names national practice leader; and more.

MetLife Investment Management to acquire Affirmative Investment Management; Commonwealth hires deputy general counsel and chief privacy officer; Millennium Trust names chief marketing officer; and more.

Mercer enhances global investments and retirement leadership; Calvert hires executive director of engagement; HUB names new chief compliance officer; and more.

Schroders announces strategic changes to U.S. distribution team; Strategic Financial Solutions joins Commonwealth Financial Network; NexPoint distribution team makes four new hires in July; and more.

Nuveen hires new head of responsible investing strategy, Solutions; Macquarie Expands its Transition Management Franchise; Calvert Institutional Solutions Group Names New Managing Director; and more.

Empower bolsters its brand with legacy name alignment; Pentegra combines with new Pinnacle Consulting Group; Strategic Investment Group adds to client portfolio management team; and more.

Mesirow strategic fixed income adds key specialist; Mercer appoints U.S. not-for-profit CIO; and Schroders appoints sustainability investment director.

Lincoln Financial Group names workplace solutions head; T. Rowe Price adds two senior executives to its institutional DC business; new attorney joins The Wagner Law Group; and more.

Ascensus announces new state-facilitated retirement program leader; Principal Financial Group names workplace retirement business leader; Global Atlantic hires investment office COO; and more.

First Trust Capital Partners acquires direct indexing firm; New York Life appoints head of retail annuities; Security Benefit appoints chief operating officer; and more.

Mesirow names new CEO; Austin Capital Retirement Plan Services rebrands to RetireBetter; Lockton hires new director of compliance services; and more.

Morgan Stanley at Work to acquire American Financial Systems; The Standard hires stable value sales director; Lincoln Financial Group unites investments, risk and sustainability teams; and more.

Following a two-day planned meeting where the organization discussed its priorities for the year, the committee has named a new president and chief operations officer.

The new combined platform seeks to allow users to prepare and plan for college, accelerate and optimize debt repayment, and more.

Prudential hires global head of digital products.

Awards were given in nine categories representing various plan types and sizes.

TIAA appoints chief institutional client officer, and Wilshire enhances investment capabilities with new senior vice president.

Cohen & Steers appoints DCIO specialist for Northeast U.S. territory; abrdn further expands institutional team; Manulife Investment Management names new global head of retirement; and more.

A Senate vote is scheduled for next week on the appointment of Lisa Gomez as head of the Employee Benefits Security Administration.  

T. Rowe Price appoints senior ESG leader; Alerus names new retirement executive; Voya hires chief information security officer; and more.