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Madison Avenue Securities Inc. of San Diego, an independent broker-dealer and investment advisory firm, has named Stephanie Akerstrom, 59, president.

Previously, she served as vice president and chief compliance officer for the compliance and regulatory department at Asset Marketing Systems Insurance Services LLC of San Diego, the parent company of Madison Avenue Securities.

Invest Financial Corp. of Tampa, Fla., has appointed Nathan Rheinhardt, 31, as vice president of advisory services.

In this role, he is primarily responsible for helping Invest’s financial institution and independent adviser partners make the transition to offering fee-based investment advisory services.

Mr. Rheinhardt joins Invest from Park Avenue Securities LLC of Bethlehem, Pa., where he most recently served as sales services representative for the company’s investment advisory services arm.

LaCrosse Global Fund Services of New York, a subsidiary of Cargill Inc. of Minneapolis, has appointed Robert Helszajn, 38, as head of client relationships and business development in Europe.

He will be based in London.

Mr. Helszajn was most recently at Barclays Capital of London in the derivatives prime brokerage, where he served as associate director.

Stanford Group Co. of Houston, has hired three financial advisers in its Baton Rouge, La., private-client-group office.

They are Keith Cox, 52, senior vice president/financial adviser; Arlen “Tiger” Blackwell, 36, senior financial adviser; and Dania Tanguis, 45, financial adviser.

All three join Stanford from Premier Financial Management Inc. of Baton Rouge, La., where Mr. Cox was president, Mr. Blackwell was most recently senior financial adviser and Ms. Tanguis was a senior financial consultant.

Charles Weiser, 49, has been appointed chief financial officer for Stanford Group Holdings Inc.

He has been with the company since 2005, serving most recently as senior vice president in Stanford’s merchant banking group.

Bigelow Investment Advisors LLC of Portland, Maine, has appointed Barbara Moran, 46, as assistant vice president.

Previously, she was an investment specialist with TD Banknorth Inc. of Portland.

State Street Corp. of Boston has appointed Mark Doherty, 42, as vice president of its institutional investor sales team, and has named Michael Pettit, 40, vice president of client management.

Mr. Doherty, who will be based in New York, joins State Street from Northern Trust Corp. of Chicago, where he was a senior sales representative responsible for local and national government entities and insurance companies.

Prior to joining State Street, Mr. Pettit was a senior relationship manager at Northern Trust for more than four years, covering public fund and Taft-Hartley pension and health plans. He will be based in Los Angeles.

WealthTrust LLC of Nashville, Tenn., has named Mark Rogozinski, 39, senior vice president of corporate development.

In this role, he will be responsible for acquisition development and external strategic relationships.

Mr. Rogozinski will be based in New York.

Previously, he was chief operating officer at Homrich & Berg Inc. of Atlanta.

Rochdale Investment Management of New York has hired Harry J. Martin, 59, as executive vice president.

He will be responsible for business development in the Mid-America Southern region and will be based in Dallas.

Mr. Martin was previously at Brown Brothers Harriman & Co. of New York, where he served most recently as managing director and Dallas regional branch office manager.

Chartwell Investment Partners of Berwyn, Pa., has appointed Daken J. Vanderburg as portfolio manager and director of quantitative research.

He will be responsible for heading up the firm’s first quantitative research team, designed to augment Chartwell’s existing investment strategies.

Mr. Vanderburg joins Chartwell from Gamma Capital Advisors of King of Prussia, Pa., where he served as partner and portfolio manager.

E*Trade Financial Corp. of New York has appointed Donald Layton, 57, as chief executive.

He will also continue with his duties as chairman of E*Trade, a position he has held since November.

The Carlyle Group of Washington has hired Oliver Sarkozy, 38, as head of its newly created global financial services firm in New York. Previously, he was with UBS AG of Zurich, Switzerland, as joint global head of FIG investment banking.

Mr. Sarkozy is a half brother of Nicolas Sarkozy, president of France.

Ullico Inc., labor’s own insurance and financial services company, said that Edward M. Smith, 53, will be named president effective May 1.

He is currently executive vice president of Ullico Inc. and a life-long member and long-time regional leader of the Laborers’ International Union of North America.

Great-West Retirement Services of Greenwood Village, Colo., has appointed three regional sales directors.

They are Bob Riebesehl, 44, whose territory includes New York and its Long Island and Westchester County suburbs, and Keith Cattaneo, 41, and Matt Flynn, 40, who will be based in San Francisco.

Mr. Cattaneo is responsible for the East Bay and Sacramento, Calif., areas, as well as Reno, Nev., while Mr. Flynn covers the San Francisco peninsula,and San Jose and Monterey, Calif.

Mr. Riebesehl and Mr. Cattaneo both join Great-West Retirement Services from Lincoln Financial Group of Philadelphia, where they were regional sales directors.

Mr. Flynn previously worked at The Principal Financial Group of Des Moines, Iowa, where he served as emerging market representative.

NPB Financial Group LLC of Burbank, Calif., has hired Jennifer Williams, 42, as a registered representative and Sandra King, 44, as a registered sales associate.

Ms. Williams and Ms. King were formerly with Investment Centers of America Inc. of Bismarck, N.D., where the former served as a representative and the latter served as a registered sales associate.

In addition, NPB Financial Group has named Daniel Harutunian, 39, a registered principal and branch manager.

He will operate an office of supervisory jurisdiction in Valley Village, Calif.

Mr. Harutunian is a certified financial planner and has been in the securities business since 1994, most recently as an OSJ branch manager with AIG Financial Advisors in Phoenix for more than three years.

Old Mutual Financial Network of Baltimore has appointed Bruce Wing, 40, as vice president, life products distribution.

He is responsible for the strategic leadership of all sales and marketing activities related to the life products of OM Financial Life Insurance Co. and OM Financial Life Insurance Company of New York.

Previously, Mr. Wing was vice president of business development for Transamerica Reinsurance of Charlotte, N.C.

Penn Mutual Life Insurance Co. of Horsham, Pa., has appointed Eileen McDonnell, 45, as executive vice president and chief marketing officer.

The chief marketing officer role is a newly established position at the company.

Ms. McDonnell joins Penn Mutual’s executive leadership team as a key facilitator of the company’s strategic direction and will specifically focus on building distribution capacity. She will also make it a priority to ensure that Penn Mutual’s producer value commitment delivers a high level of support to producers who rely on its products, programs and services to build their businesses and meet clients’ financial needs.

A 20-year veteran of the financial services industry, she was most recently president and founder of ExecMPower Inc. of Rockville Centre, N.Y., which offers business planning, executive coaching and business redesign expertise.

National Planning Holdings Inc. of Santa Monica, Calif., has appointed Erik Feldman, 41, as vice president of practice management.

Based in Tampa, Fla., he is responsible for developing and implementing adviser support programs that are designed to help NPH-affiliated representatives in-crease productivity and enhance client relationships.

Previously, Mr. Feldman was a regional sales director for Rex & Co., a real estate investment company based in San Francisco.

Geode Capital Management LLC of Boston has named Patrick S. Perry, 41, vice president of investor relations.

He will be responsible for promoting Geode’s traditional strategies directly to institutional plan sponsors and consultants focusing on the Midwestern and Western regions of the United States.

Prior to joining Geode, Mr. Perry served as director of New York-based BlackRock Inc.’s alternative and wealth management team.

Advisors Asset Management of Monument, Colo., has named Richard A. Stewart, 42, as senior vice president responsible for all aspects of the firm’s unit investment trust business, including sales, trading and product development.

Previously the UIT product manager for UBS Financial Services Inc. of Weehawken, N.J., he will be based in Advisors Asset Management’s Princeton, N.J., office.

Northern Trust Corp. of Chicago has appointed Jon Dunham, 46, as head of asset servicing sales for North America.

He will manage a diverse institutional sales team based in Boston, Chicago, San Francisco and Toronto covering the public fund, not-for-profit, Taft-Hartley, corporate, insurance, investment manager and middle-market segments. While directing sales of Northern Trust asset servicing products, including global custody, benefit payments, fund administration and investment operations outsourcing, Mr. Dunham will also coordinate closely with Northern Trust Global Investments, the firm’s $757 billion asset management arm, to strengthen cross-selling efforts.

Previously, he was with what is now Bank of New York Mellon Corp., where he spent more than 20 years in various business development roles, most recently as national sales and marketing director.

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