This week in new hires, Security Benefit Corp. welcomed George Beale and Jeffrey Kayajanian, CapWealth named Phoebe Venable president and COO, and the Department of Labor named five new ERISA Advisory Council members.
Also, Peter Carnathan joined Signature Estate and Investment Advisors and Hedge Funds Care announced that Dean Backer is its new president.
Security Benefit Adds Beale, Kayajanian
Security Benefit Corp. announced George Beale and Jeffrey Kayajanian as the newest members of its defined contribution team as field vice presidents serving the western U.S.
Based in Denver, Beale has more than 20 years’ experience in sales and regional sales management of 403(b), 457 and 401(k) plans, working previously at Securities America, MetLife, ING and Security First Group. He works with advisors in the Midwest and Rocky Mountain states, from Montana south and east to Louisiana, including Texas.
Kayajanian, also a 20-year veteran, was formerly a divisional vice president of Hartford Retirement Plans Group. He has also served as national sales manager at State Street Research and was a regional vice president for ReliaStar Retirement Plans. Earlier still, he was affiliated with AXA/Equitable Annuities and Guardian Life. Based in Solana Beach, Calif., he supports advisors in Arizona, California, Oregon, Nevada, Utah and Washington.
CapWealth Advisors Names Phoebe Venable President, COO
CapWealth Advisors announced Friday that Phoebe Venable will become president and chief operating officer of the company, effective Jan. 1. Tim Pagliara will continue to serve as chairman and chief executive officer of the firm he founded in 2000.
Venable joined in March of 2011 as managing principal, working alongside Pagliara and a staff of 12 professionals. She came to CapWealth from the Nashville office of GenSpring Family Offices. Prior to that she was the managing director of private wealth management for SunTrust Banks, after having served a number of years as an investment portfolio manager and private client advisor.
DOL Appoints Five New ERISA Advisory Council Members
Secretary of Labor Hilda Solis announced the appointments of five new members to the 2013 Advisory Council on Employee Welfare and Pension Benefit Plans–known as the ERISA Advisory Council. She also announced the incoming chair and vice chair of the council.
The 15-member council provides advice on policies and regulations affecting employee benefit plans governed by the Employee Retirement Income Security Act. By law, members of the council serve for staggered three-year terms. Current members Karen Kay Barnes and Neal Schelberg will serve as the chair and vice chair, respectively, of the council.
Barnes is a managing counsel in the legal department of McDonald’s Corp. in Oak Brook, Ill. She is recognized as a leader in the 401(k) industry and has more than 30 years of experience in the employee benefits field.
Schelberg is a senior partner at Proskauer Rose LLP in New York. He serves as legal counsel to the boards of trustees for more than 50 multi-employer and single employer pension and welfare benefits plans. He has more than 30 years of experience in the employee benefits field as an attorney, author and professor.