This week in new hires, Christian Brothers Investment Services announced it had appointed four members of the firm to key positions; American Century announced that Joseph Schultz will join the firm; and Mary Ann Bartels became CIO of portfolio strategies at Bank of America-Merrill Lynch.
Also, New York Life named Matthew Grove senior managing director and appointed Joel Steinberg to its executive management committee; Rusty Guinn and Todd Centurino went to Salient Partners; and MassMutual welcomed Stefanie Watson and Joshua Czuper.
Christian Brothers Investment Services Makes Key Personnel Appointments
Christian Brothers Investment Services (CBIS) announced the appointment of Paul Ainslie to the position of vice president for strategic initiatives and product development. The appointment was effective Jan. 1, when he joined the management team of CBIS. In appointments effective Nov. 13, CBIS promoted Gale Dickinson to director, distribution services; Robert Stelben to senior director, head of institutional development and marketing; and Diane Miller to compliance officer.
Since joining CBIS in 1999, Ainslie served as an investment advisor and regional director within the firm’s participant services department, and later as the firm’s alternative investment dpecialist. Prior to joining, he was employed by Lynch & Mayer, Inc., and Yamaichi Capital Management, Inc.
Stelben joined in 2001 as director of marketing and communications. In 2006 he assumed the responsibility for developing and managing relationships with institutional investment management consultants. In addition, he is a member of the product development committee and works with senior management on developing marketing plans and strategies. Previously, he worked for META Group and for Greenwich Associates.
Dickinson joined in 1995 as a participant service representative and was promoted to assistant director of operations in 1999. She was responsible for overseeing the day-to-day activities of the operations group and assisting with individual managed portfolios, opening new accounts, participant servicing and fund accounting. Prior to joining, she was an internal auditor at Wayne Hummer and Company.
After joining in 2005, Miller obtained certification as an investment advisor certified compliance professional and took on many compliance responsibilities. Prior to that, she worked at Komico, LLC, where she handled compliance for both equity and futures rules and regulations put forth by the NASD (now FINRA), NFA, SEC and CFTC.
American Century Investments Welcomes Joseph Schultz
American Century Investments has named Joseph Schultz senior vice president and head of intermediary sales. In his new role, he will lead the firm’s domestic intermediary sales group with responsibility for field and internal sales businesses, including wirehouses, regional and independent advisors, RIAs, insurance company advisors and broker-dealer key account management. He will report to Peter Cieszko, chief client officer, Americas, and will join the company on April 15. He will also be a member of the product and markets and distribution operating committees.
A former managing director and head of U.S. broker-dealer sales and relationship management at Goldman Sachs Asset Management, Schultz has been in the industry for 19 years and was earlier senior vice president and director of sales and distribution for Prudential Financial. He joined Prudential from PaineWebber.
Bank of America-Merrill Lynch Appoints Mary Ann Bartels
Bank of America-Merrill Lynch announced that Mary Ann Bartels has joined the investment management and guidance (IMG) team as CIO of portfolio strategies. In her new role, she will be responsible for leading the portfolios strategy desk, ETF strategies and the marketing and communications around IMG’s content platform, product launches and publications. She will also serve as a spokeswoman for the firm’s thought leadership and act as an advocate for IMG’s implementation ideas. She will also be a primary partner with BofA Merrill Lynch Global Research and the IMG team.
Bartels has more than 25 years of investment experience, with 17 of them at the firm, where she most recently served as head of technical and market analysis for BofA Merrill Lynch Global Research. She is an institutional investor-ranked analyst and has developed proprietary models for equity pairs trading and for her sector, industry and stock selection, as well as for her extensive work on hedge funds.
Chris Wolfe continues to serve as interim CIO and head of IMG. New York Life Announces Promotion, Appointment