Walsh Jumps to J.P. Morgan Asset Management

May 26, 2010 (PLANSPONSOR.com) - Heidi Walsh has left T. Rowe Price to join J.P. Morgan Asset Management.

As vice president, Defined Contribution Investment Solutions, Walsh will lead J.P. Morgan Asset Management’s sales efforts to defined contribution recordkeeping and intermediary firms, in partnership with the company’s retail national accounts teams, according to an internal memo.

She will report to David Musto, the head of Defined Contribution Investment Services (part of J.P. Morgan Funds), (see J.P. Morgan Asset Management Realigns DCIO Teams), and be based in Baltimore. Walsh confirmed she began her new role this week.

“Heidi’s arrival and new role further expands the level of DC knowledge and sales expertise we can bring to our mutual clients—operating within the successful partnership model that is already in place across our teams,” Musto said in the internal memo.

Walsh moves to J.P. Morgan from T. Rowe Price, where she was vice president and director of intermediary relations (see A New Adviser Focus at T. Rowe Price).  In her 13 years with T. Rowe’s full-service retirement business, she also led strategic marketing and research and client communications functions.

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