This week in personnel announcements and new hires, Global X welcomed Luis Berruga and Tom Lynch, David Heroux went to Pensionmark and Joseph Cusick joined MoneyBlock.
Also, Commonfund named Robert Litterman board of trustees chairman, Katy Spangler and Richard Hinz joined the American Benefits Council and Barry Mandinach went to Virtus Investment Partners.
Berruga, Lynch Join Global X
Global X Management Co. LLC has announced that Luis Berruga has been named chief operating officer and Tom Lynch senior compliance officer.
Berruga joins from Jefferies LLC, where he advised on mergers and acquisitions, capital raising and strategic planning for financial institutions. Previously, he spent nine years at Morgan Stanley. His experience includes accounting, finance, marketing, technology, operations, training and strategic planning.
Lynch, with nearly 30 years of experience in the financial services industry, joins from Van Eck, where he spent six years as chief compliance officer. Prior to that he served as treasurer at Van Eck for two years and earlier spent nine years at TIAA-CREF as second vice president.
Pensionmark Adds Heroux
Pensionmark Retirement has announced that David Heroux has been named managing director of its new Westlake, Calif., office.
Heroux, with 10 years of experience in advisory and financial planning services for corporate retirement plans and high-net-worth individuals, was formerly president and equity partner at 401k Management Group.
MoneyBlock Names Cusick VP of Wealth and Asset Management
MoneyBlock has announced that Joseph Cusick has joined as vice president of wealth and asset management. In this role, he will lead development of MoneyBlock’s wealth management platform.