This week in personnel announcements and new hires, Advisor Partners named Rahul Agrawal head of equities, Don Hagan joined Carson Institutional Alliance as a consultant, Michael Holt has been named global head of equity and corporate credit research at Morningstar, the Securities and Excnage Commission named David Gottesman deputy chief litigation counsel in its enforcement division, and Pacific Life announced changes in its sales organization.
Also, Edmond Markel joined Hennion & Walsh; Christopher Willis was named a fellow of the American College of Consumer Financial Services Lawyers, and WBI Investments brought in Kerri Cain.
BrightScope Names Chris Riggio Its First Chief Revenue Officer
BrightScope, a provider of software, analytics and data to financial institutions, announced that Chris Riggio has joined the company as chief revenue officer, reporting to the CEO and responsible for accelerating the company’s growth.
Riggio brings 16 years of experience in the financial services industry and a reputation for driving revenue generation by building highly successful sales and client support teams.
Mike Alfred, CEO and co-founder of BrightScope, said in a statement that “BrightScope has experienced tremendous growth in recent years and our management team has become increasingly aware that the company’s addressable market is far larger than we had originally projected. We have reached an important inflection point where the addition of an experienced leader can have an outsized impact on our growth trajectory."
Riggio started his career in 1998 at Chase Manhattan Bank and held senior roles at TheStreet.com, SmartMoney, Dow Jones, and most recently Interactive Data, where he managed a team of sales executives and account managers.
Rahul Agrawal Names Advisor Partners Equity Chief
Rahul Agrawal has joined Advisor Partners as head of equities.
Prior to joining Advisor Partners, Agrawal was a vice president at Deutsche Bank. He was also a vice president and portfolio manager for Goldman Sachs Asset Management, creating and managing beta portfolios.
Agrawal received his B.S. in electrical engineering from MIT in 2004, when he also completed his master of engineering, in electrical engineering and computer science.
Hagan Joins Investment Committee at Carson Institutional Alliance
Carson Institutional Alliance has announced that Don Hagan has joined the firm’s investment committee as a consultant. In this role, he will lead weekly calls for the firm’s advisors and their investors focusing on the performance, behavior and structure of the current macroeconomic environment.
Hagan has been providing investment research and recommendations to global financial institutions since 1988. He is currently serving as partner and director of research at Day Hagan Asset Management, a firm he cofounded in 2004. Prior to founding the firm, he served as senior vice president and senior portfolio manager for Wells Fargo Bank’s private client services. Earlier he served as director of research for SCI Capital Management and chief sector analyst and editor for Ned David Research Inc.
Morningstar Inc. announced that Michael Holt has been named global head of equity and corporate credit research. Based in Chicago, Holt reports to Haywood Kelly, the firm’s head of global research.
Holt joined the firm in 2008 as an equity analyst and became a senior analyst in 2009. He then served as associate director, comanaging the technology equity research team. In 2012, he was named director of North American equity research. Before joining, Holt was as an associate with Municipal Mortgage and Equity and spent four years in the software industry.
Gottesman Moves Up at SEC
The SEC has announced the appointment of David Gottesman as deputy chief litigation counsel in the division of enforcement.
Gottesman, who joined the SEC in 2004, was promoted to a supervisory role in the trial unit in 2011. Prior to joining, he was a trial attorney in the commercial litigation branch of the civil division of the U.S. Department of Justice from 1991 to 2004. He began his legal career as an associate at the law firm of Rosenthal and Schanfield, P.C. in Chicago in 1982, and was a partner there from 1988 to 1991.
Pacific Life Announces Sales Organization Changes
Pacific Life has announced sales organization changes in its retirement services division. All personnel listed report to Chris van Mierlo, chief marketing officer and senior vice president of sales for the division.
Stuart Holland has been promoted to the newly created position of vice president, retail sales. His responsibilities include managing sales of variable annuities, fixed annuities, and mutual fund products in all three of the division’s retail distribution channels. He will also manage the division’s mutual funds field resources, national sales managers, internal sales desk, and retirement plan consultants.
George Paulik has assumed responsibilities as national sales manager for the independent planners channel. Mike Miranne was promoted to Paulik’s former role as national sales manager, financial institutions channel. Tom Marks was promoted and, as of Feb. 1, became regional sales manager of the financial institutions channel, central. In the area of sales support, John White has the new role of vice president, sales support, with responsibilities that include national accounts, broker-dealer services, conference planning, sales training, and sales reporting.
Markel, Winkler Join Hennion & Walsh
Edmond Markel and Brian Winkler have joined Hennion & Walsh. Markel is a vice president in the firm’s south Florida office, following its acquisition of Delray Beach, Fla.-based PMK Securities and Research, Inc. Winkler has assumed the dual position of internal wholesaler and manager of the internal sales desk for the SmartTrust unit investment trust (UIT) platform.
Markel was most recently senior vice president/electronic marketing manager for the Miami/Fort Lauderdale office of JB Hanauer & Co./RBC Wealth Management for 12 years, following a series of securities positions including vice president and general manager of First Miami Securities Inc.
Winkler joins from Equinox Group Distributors in Princeton, N.J., where he served as regional sales representative. Prior to that, he spent 13 years at Oppenheimer Funds Inc., most recently as N.Y. metro division sales manager.
Willis Named Fellow at American College of Financial Services Lawyers
Attorney Christopher Willis has been named a fellow at the American College of Financial Services Lawyers.
Willis, a partner at Ballard Spahr in its consumer financial services practice, is based in the firm’sAtlantaoffice and devotes a significant portion of his practice to assisting clients in responding to civil investigative demands and examinations by the Consumer Financial Protection Bureau.
Cain Named CFO at WBI Investments
Kerri Cain has joined Red Bank, N.J.-based WBI Investments as chief financial officer.
Cain is an industry veteran with nearly 20 years of experience in finance, accounting and compliance. Most recently director of central compliance at Guggenheim Partners, LLC, she earlier managed the accounting department at Caxton Associates, LLC.