Deals and People

Nonprofit trade association PSCA has appointed Tony Verheyen as executive director, following the resignation of Bob Benish.

ABD Insurance and Financial Services hired Brian Ashworth as vice president of its retirement services group.

U.S. Retirement Partners (USRP) reported that it has acquired Kades-Margolis Corporation (KMC), which will join USRP’s national network of 403(b) providers.

Acquisition of New York Life’s RPS business accelerates John Hancock’s expansion into the mid-case and large-case retirement plan markets.

Independent advisory firm SevenHills Benefit Partners announced it will partner with Pensionmark.

Transamerica Retirement Solutions welcomes Mark Valentine as vice president of defined benefit sales and business development.

 

David Saunders and Victor Traub, III, have joined PSA Insurance & Financial Services.

Seth Weingram joins Acadian Asset Management as senior vice president, strategist, bringing more than 15 years of experience to the firm.

 

Philip Gould has joined Pentegra Retirement Services to support the company’s business development efforts in Texas.

Sherry Marcolongo will oversee all 403(b) educational material at TSA Consulting Group.

NFP says acquisition of Foran’s insurance and advisory team expands its footprint and capabilities in New England markets.

Lockton announced the hire of a new senior staffer within the firm's Chicago-based employee benefits operation.

Krista Rivers will lead RMB Asset Management's institutional business development and client relationship efforts.

Independent retirement firm, SageView Advisory Group has hired Geoff Rhines and David Anderson to its Southeast division.

Retirement plan consulting firm Multnomah Group has hired a new investment consultant for its Portland, Oregon, office.

Nationwide has hired two wholesalers and expanded its 401(k) sales team into new territory.

New York Life Investment Management is making its first entry into the ETF industry with the acquisition of IndexIQ.

Northwestern Mutual completed a $2.7 billion sale of its subsidiary Frank Russell Company, also known as Russell Investments, to the London Stock Exchange Group.

The Principal Financial Group's board of directors has elected Daniel J. Houston to the role of president and chief operating officer, effective immediately.

Patrick Coughlin is joining Buck Consultants at Xerox as principal and retirement consultant in the firm's wealth practice.