This week in new hires, Putnam Investments welcomed Charlotte Walsh and Greg Weissman, Michael Belluomini was promoted at Securities America, and John Kim and Chris Blunt took new positions at New York Life.
Also, Shannon Knapp and Glen Mcdonald have moved up at New York Life Retirement; Dr. Biagio Manieri was named director of research at PFM Advisors; and David Burdette went to Prairie Capital.
Putnam Investments Builds Out Institutional Consultant Relations Team With Two Seasoned Vets
Putnam Investments announced Jan. 19 that it had hired Charlotte Walsh and Greg Weissman as consultant relations professionals for its global institutional management consultant relations team. They are based in Chicago and Boston, respectively, and will report directly to Joseph Phoenix, head of global institutional management.
Walsh, with more than 20 years of experience in the investment management industry, joins from Ranieri Partners, where she was managing director. Previous positions include consultant relations experience at firms such as Allegiant Asset Management, Oppenheimer Capital, and Banc One Investment Advisors/JP Morgan Asset Management, as well as investment consulting experience at Stratford Advisory Group and William M. Mercer Investment Consulting.
Weissman brings more than 20 years of experience, having joined from Old Mutual Asset Management where he was senior vice president, director of consultant relations. Prior to that, he was director, institutional sales for Cowen & Co. During his career, Weissman has also held senior roles at Pacific Crest Securities and Jefferies & Co.
Securities America Promotes Michael Belluomini to Regional Director
Securities America announced Jan. 19 that it had promoted Michael Belluomini to regional director of branch office development for the northeastern region. He began his career at Securities America in the rep relations center in 2005, and most recently was associate vice president of relationship management and branch sales. He also worked with advisors to utilize the firm’s business development programs to acquire client assets and meet their business goals, in addition to facilitating the Securities America Advisory Council.
Prior to working in business growth, Belluomini was a practice management technology consultant where he assisted hundreds of advisors to more effectively utilize the firm’s innovative technology.
New York Life Appoints John Kim and Chris Blunt to New Business Roles
New York Life Insurance Co. announced Friday the reorganization of the company into two major business units: the insurance group and the investments group. Chris Blunt and John Y. Kim, executive vice presidents, have been named to run these two businesses. Blunt joined New York Life in 2004, Kim in 2008.
Blunt has headed the company’s retirement income security (RIS) business since its formation in 2008, and will now run the company’s insurance business. Kim, who is the company’s chief investment officer and head of New York Life Investments, which he has led since 2008, will assume additional responsibility for RIS products and solutions, which is being combined with New York Life Investments. The combined businesses will operate as New York Life’s Investments Group.
New York Life Retirement Appoints Two to Sales Force
Westwood, Mass.-based New York Life Retirement Plan Services announced Jan. 19 that Shannon Knapp had been appointed vice president of institutional sales for the mid- and large-retirement plan markets in the south/central territory and Glenn Macdonald had been promoted to vice president, DCIO Stable Value, serving in the east region.
Knapp spent the last 11 years at Lincoln Financial Group, most recently as director of institutional retirement solutions. He is based inDallas.
Macdonald was previously a second vice president and senior investment specialist. Prior to joining New York Life in 2010, Macdonald worked for 16 years in Fidelity Investments' retirement business, most recently in its Pyramis Global Advisors unit as a northeast regional relationship manager.
PFM Names Dr. Biagio Manieri Director of Research
PFM Advisors, a division of PFM Asset Management LLC, announced Jan. 19 the appointment of Biagio Manieri, Ph.D., as director of research. Most recently an investment officer with the Federal Reserve, Manieri will head a team of analysts concentrating on the economy, capital markets, and investment management products.
At the Federal Reserve System in Newark, N.J., Manieri helped to manage over $13 billion in defined benefit and defined contribution plan assets and reported to the investment committee. He was also responsible for the Federal Reserve System’s liability-driven investment portfolio. Prior to his six years there, Manieri was an investment analyst at several asset management firms, including Lord Abbett & Co., FP Asset Management, Inc., and Goldman Sachs & Co.
David Burdette Joins Prairie Capital Advisors' Atlanta Office
Prairie Capital Advisors, Inc. announced Monday that it had hired David Burdette as vice president. In his new role, he will be responsible for business development, project management, corporate valuations and related transaction analyses for clients throughout the southeast region. He will be based at Prairie Capital Advisors' new Atlanta, Ga., office.
Burdette has over 10 years of transaction and valuation experience. Prior to joining Prairie Capital Advisors, he was a manager at Willamette Management Associates, based out of Atlanta. There he performed financial advisory services and economic analyses for various transactional purposes, including ESOP valuations, valuation of target company synergistic/strategic benefits, negotiation of deal price and terms, fairness analysis of proposed transactions, and valuation of debt and equity instruments.