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NU Online News Service, Aug 2, 2004, 12:15 p.m. EDT
Genworth Financial Inc., Richmond, Va., has named Scott McKay chief information officer.[@@]
McKay, who has been the company’s senior vice president of operations and quality, will combine that title with the CIO title, Genworth says.
McKay has a bachelor’s degree in computer science from West Chester University.
But an analyst of robo-advisors questions whether the no-fee model is sustainable.
“The day may come soon when FinLife Partners eclipses United Capital in size,” CEO Joe Duran said.
There may be more than $100 billion in unclaimed retirement money, GAO estimates.
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