Deals and People

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.

 

Gina Gurgiolo has joined Mercer's defined contribution (DC) advisers specialty practice.

 

Mercer said it has agreed to acquire SCM Strategic Capital Management AG, a Swiss-based specialist private markets adviser and delegated solutions provider. 

Callan Associates will use RiskFirst’s pensions risk analytics platform, PFaroe, to help institutional investors conduct asset allocation and asset/liability studies.

Laura Ramanis has joined Verisight’s leadership team as chief operating officer, effective November 17.

Craig Anzlovar has joined Boston-based Pioneer Investments as fixed-income client portfolio manager.

Bringing more than 20 years of experience in the health care industry, Ted M. Makowiec has joined The Segal Group’s Midwest region as a vice president and health...

Karen Amato, R.N. joined Lockton’s Washington, D.C., employee benefits operation as the director of Health Risk Solutions.

Jeffrey Johnson has joined Pentegra Retirement Services as a regional director for Pentegra’s qualified plan sales. 

 

Managed account and investment services provider Financial Engines announced Lawrence Raffone will succeed Jeffrey Maggioncalda as chief executive officer of the firm, effective January 1, 2015.

Sandy McCarthy has been named benefits administration leader at Mercer. 

Jeff Passmore has joined investment manager Barrow, Hanley Mewhinney & Strauss LLC to focus on liability-driven investing solutions.

October 23, 2014 (PLANSPONSOR.com) - President Obama has appointed Donald J. Butt to serve as a member of the Advisory Committee of the Pension Benefit Guaranty Corporation.

October 23, 2014 (PLANSPONSOR.com) - Drew Miyawaki and Aodhagan Byrne, both members of the U.K. operations of Legal & General Investment Management America Inc. (LGIMA), have joined the...