Retirement Industry People Moves

Certified Pension Professional Joins Transamerica’s Client Management Department

Transamerica announced that Nate Sherman joined its western region client management team, focusing on serving large-market retirement plan clients. Sherman will be a client executive and will report to Heather Cheda, regional director, Workplace Solutions.

Sherman has worked in the retirement plan industry for more than two decades, focused mostly on consultative and managerial roles. He is a certified pension consultant and qualified pension administrator through the American Society of Pension Professionals & Actuaries. He is also a member of the Western Pension & Benefits Conference. Sherman has a bachelor’s degree in economics from Rutgers University. He will be based in Portland, Oregon.

“Transamerica is dedicated to finding the best and brightest professionals that can bring a wide range of expertise to our retirement plan clients,” says Scott Ramey, senior vice president and head of Workplace Solutions for Transamerica. “Nate Sherman brings a wealth of knowledge and experience, and I am very pleased he joined our Client Management team.  I have every confidence our retirement plan sponsor clients will benefit from his expertise.”

Alliance Aims to Extend Expertise in HR Industry

IA Solutions Group, a strategic alliance offered by Innovo Benefits Group and Aegis Retirement Partners, has launched to give human resources (HR) and business leaders better solutions in an increasingly complex industry.

IA Solutions Group will address a gap in the market for clients. The new venture hopes to disrupt industry trends by enlarging coverage of the value proposition that has been at the heart of each firm’s success in their respective fields—pairing deep expertise with personalized service to yield innovative solutions that drive competitive advantage.

Without merging, thought leaders at both firms will join forces to serve clients who require a broader range of services. Aegis Retirement Partners and Innovo Benefits Group will continue to operate independently in their respective areas of expertise.

BlueBay Hires Addition to Developed Markets Team

Global specialist fixed income manager BlueBay Asset Management LLP (BlueBay) appointed Stephen Thariyan to the newly created role of co-head of Developed Markets.

Based in London and reporting to Raphael Robelin, chief investment officer, Thariyan will work alongside Mark Dowding, co-head of Developed Markets, and will assume responsibility for the Developed Markets’ corporate credit investment process and help develop and grow BlueBay’s corporate credit strategies across investment grade, leveraged finance and convertible bonds. 

Thariyan has over 25 years’ experience as a credit investor, most recently at Henderson Global Investors where he was global head of Credit for the last ten years. Prior to this he spent eight years as a senior portfolio manager at Rogge Global Partners and has also held roles at Natwest Markets and Chevron Corporation.

Procyon Partners Appoints Experienced Adviser to Portfolio Manager Position

Procyon Partners has hired Antonio Rodrigues, past senior portfolio manager for Olson Mobeck Investment Advisors and People’s United Advisors, for a continuing role as senior portfolio manager. 

Based in Shelton, Connectivut, Procyon Partners is an independent registered investment advisor (RIA) with a dual focus on institutional consulting and personal wealth management. Procyon Partners is also a member of the Dynasty Financial Partners Network.

Rodrigues has 20 years of professional experience working in the financial markets on behalf of individuals and families, corporations and non-profit organizations. As a senior portfolio manager for Olson Mobeck Investment Advisors and People’s United Advisors, he was a senior member of the investment committee. He led the efforts on the development, formalization and implementation of a covered option writing strategy, implementation of alternative investments as an asset class, as well as overall asset allocation while at the firm.

Prior to Olson Mobeck, he was a financial adviser, trader and investment associate at People’s Securities Inc. 

Rodrigues graduated with a Bachelor of Science from Fairfield University as well as a Masters in Finance from Fairfield University’s Charles F. Dolan School of Business. 

VP of Retirement Services Joins USI Consulting

USI Consulting Group confirmed that Michael Pegg has joined the company as vice president of retirement services, based in Philadelphia, Pennsylvania.

Pegg will be helping plan sponsor clients meet their fiduciary responsibilities while helping their participants achieve retirement security. He has over 10 years of experience in the retirement and investment services industry, and assisted plan sponsors in making informed choices through educated and well-developed retirement programs. Pegg also has experience with the design, implementation and servicing of defined contribution (DC) and defined benefit (DB) retirement plans with corporations and non-profits.