Richard Gardiner has joined Neuberger Berman Trust Company as chief investment officer. He will also lead the firm’s investment strategy group and join the firm’s asset-allocation committee.
Gardiner will work with Neuberger Berman’s wealth advisers and trust officers on high-net-worth individual, foundation and endowment clients. With oversight of asset allocation, manager selection, and portfolio construction, Gardiner and the investment strategy group will identify the most appropriate managers and investment strategies across multiple regions.
Previously, Gardiner was a consultant at the Reservoir Capital Group, and chief investment officer and co-founder of an independent wealth management firm. Earlier, he was head of arbitrage and credit at Man Investments, as well as a member of the firm’s investment committee. Before joining Man, he was responsible for convertible sales and trading at J.P. Morgan and at Goldman Sachs.
Erik Knutzen, chief investment officer of multi-asset class portfolios at Neuberger Berman, lauds Gardiner’s diverse background in wealth management and alternative investment strategies.
Gardiner calls diversification and asset allocation critically important to clients’ goals, and notes that global financial market volatility and changing economic conditions have caused dramatic shifts in the risk/reward characteristics of various asset classes. However, he says, “these obstacles can be overcome by pairing investment goals with the right set of portfolio managers who can execute on specific strategies utilizing a range of asset classes.”
Gardiner holds a bachelor’s degree, cum laude, from Yale University and a master’s degree in business administration from Harvard Business School.
Neuberger Berman Trust Company is an affiliate of Neuberger Berman, a private, independent, employee-owned investment manager.
NEXT: Creative Planning names industry pro to lead 401(k) unit.
Mike Rogers has joined Creative Planning to help lead its 401(k) division of Creative Planning.
Rogers, who has 27 years’ experience in retirement planning, has served in a range of capacities: for a registered investment advisory, a third-party administrator and a recordkeeping firm specializing in retirement plans. Previously, he was partner and head of pension services at Burr Pilger Mayer. His expertise includes plan design, vendor optimization and solutions for addressing fiduciary liability concerns. He also has extensive experience in pension services, retirement plan consulting, 401(k) advisory work, investment committee activities, retirement plan committee charters, Employee Retirement Income Security Act (ERISA) audits and Internal Revenue Service/Department of Labor correction programs.
Peter Mallouk, president and chief investment officer of Creative Planning, cites Rogers for his extensive background in the 401(k) industry.
Rogers is an active member of the Western Pension Benefit Conference's Silicon Valley Committee and the American Society of Pension Professionals & Actuaries (ASPPA), as well as an instructor for the ASPPA, San Jose State University and University of California Extension benefit classes.
Rogers holds a bachelor’s degree in agricultural economics with a concentration in managerial economics from the University of California at Davis. He holds a number of designations, including Qualified Pension Administrator (QPA), Accredited Investment Fiduciary (AIF) and Tax Exempt and Governmental Plan Consultant (TGPC).
Creative Planning is a financial adviser headquartered in Leawood, Kansas.
NEXT: Haven Financial Group opens PlanMember Financial Center in Salem, Oregon.
Michael E. Martindale of Haven Financial Group in Salem, Oregon, has affiliated with PlanMember Securities Corporation as a PlanMember Financial Center, expanding retirement investment planning and financial education opportunities for educators and employees of nonprofits in Salem, Bend, Corvallis and Eugene.
Combined with its satellite office in Bend, Oregon, Haven Financial Group has more than $115 million of assets under management. Martindale began his financial services career in 1980 and has been a PlanMember representative since 2011.
Jon Ziehl, founder and chief executive of PlanMember, says the affiliation supports the firm’s expansion plans.
PlanMember, headquartered in Carpinteria, California, is a broker/dealer and investment adviser that provides retirement planning to the public education and non-profit sectors.
NEXT: ERISApedia adds attorney author for qualified plan info.
Ilene H. Ferenczy will take over writing the Qualified Plan eSource published on ERISApedia.com.
Ferenczy is the managing partner of Ferenczy Benefits Law Center LLP, an employee benefits law firm in Atlanta. The Qualified Plan eSource is a treatise for Employee Retirement Income Security Act (ERISA) professionals working with defined contribution (DC) plans.
Ferenczy advises clients on all types of employee benefit plan issues, with a particular focus on qualified retirement plans, benefits issues in mergers and acquisitions, and advising third-party administrators of employee benefit programs on technical and practice issues. Ferenczy is a frequent national presenter and has written two books, three textbooks, and more than 90 articles on various aspects of employee benefits. She is a member of ASPPA’s leadership council, a former co-chair of the organization’s government affairs committee, and the 2007 recipient of ASPPA’s Educator of the Year Award. Ferenczy is also a Fellow in the American College of Employee Benefits Counsel, the highest honor awarded to ERISA lawyers.
Timothy McCutcheon, publisher of ERISApedia.com, says Ferenczy’s unique insight and practical examples will be valuable additions to the Qualified Plan eSource.
ERISApedia.com provides retirement plan sponsors, administrators with easy access to compliance information and important retirement industry materials.NEXT: Mercer adds senior pension risk transfer consultant.
Lynn Esenwine will join Mercer as a senior pension risk transfer (PRT) consultant in the financial strategy group (FSG) in April.
Esenwine will focus on facilitating large buyout transactions, coordinated with broader risk management and investment strategies, and on driving Mercer’s continued innovation and solutions in this space.
As the firm says it expects substantial growth in this area, Mercer calls Esenwine a key addition at a pivotal time for the PRT market.
Esenwine has 15 years’ experience in retirement services and has provided strategic leadership in the PRT market. She joins Mercer from MassMutual, where she was vice president in pension buyout, leading a cross-functional team focused on the growth of MassMutual’s market presence. Previously, she was vice president in a market-facing role serving the institutional PRT space at Prudential Retirement.
Esenwine will report to Richard McEvoy, head of the division, who cites Esenwine’s knowledge and transaction experience. “Lynn has had industry-level impact in helping drive the PRT business forward in recent years with her focus, energy and creativity,” he says.