New hires

Lincoln Financial Group of Philadelphia has promoted Terry Mullen to president of Lincoln Financial Distributors Inc., from senior vice president of sales. He will report to Dennis Glass, president and chief operating officer of Lincoln Financial Group.
In his new role, Mr. Mullen, 42, will be responsible for all existing functions, including sales, relationship management, marketing, finance, and advanced sales support and specialty markets.

International Assets Advisory LLC of Orlando, Fla., has appointed Ed Cofrancesco president, Richard Panchookian managing partner and director of capital markets, and Jeff Winn managing partner and director of sales.
Mr. Cofrancesco, 42, was director of Pluris Partners LLC and Telluride Partners LLC, both based in Orlando. He has 25 years’ industry experience.
Mr. Panchookian, 42, during the past two years served as the director of fixed-income trading for IAA. He has 20 years’ industry experience.
Mr. Winn, 35, has been with IAA for the past five years. In his new role, he will maintain his former responsibilities as a financial consultant, and director of retirement and estate planning. He has 12 years’ industry experience.

Securian Financial Services Inc., the St. Paul, Minn.-based
broker-dealer for Securian Financial Group Inc., has appointed Peg Milosevich strategic relationship manager.
Ms. Milosevich, 46, coordinates service to the Securian financial network, which comprises the firms and advisers across the nation who market Securian products to individual consumers.
She joined Securian in 1983 in the management development center.

ProofSpace Inc., a technology firm in Chicago and Grand Rapids, Mich., has hired David McClellan, 38, as vice president and general manager of its financial services division.
He was a vice president at Chicago-based Morningstar Inc., where he led business development for adviser products and retirement income.

Trust Company of America in Englewood, Colo., has hired Mark Massa as vice president of client services and operations.
Mr. Massa, 49, has held many senior leadership positions within the Fiserv Trust Group. Most recently, he served as senior vice president of product operations, where he let the combined operations of Denver-based Fiserv Investment Support Services.

Householder Group in Scottsdale, Ariz., has hired Russ Mawha, 53, as regional vice president.
Mr. Mawha, based in Livonia, Mich., has more than 20 years’ experience in retirement planning. In addition to maintaining a private practice, he has trained other financial advisers.

Bay Capital Advisors LLC of Virginia Beach, Va., has hired Brain Bourdon, 46, as a vice president and Washington regional manager.
He has worked in financial services in the Washington area for more than 20 years, most recently as portfolio manager for the Malone Financial Group in Reston, Va., part of Silver Spring, Md.-based Ferris Baker Watts Inc.

AXA Advisors LLC in New York has hired Brian H. Ashe as a financial professional.
Mr. Ashe, 61, will continue doing business as president of Brian Ashe & Associates Ltd. in Lisle, Ill. In 2000, he served as president of the Million Dollar Round Table, based in Park, Ridge, Ill.

Brown Smith Wallace LLC of St. Louis has promoted Joanne Kearbey to manager in its insurance and reinsurance practice.
Since joining the firm in 2005, Ms. Kearbey, 45, has been responsible for reviewing federal income tax provisions for insurance companies, including deferred tax calculations for both statutory-accounting and generally accepted accounting principles purposes.
She has seven years’ experience in the insurance and tax industry.

First Quadrant LP, a Pasadena, Calif.-based affiliate of Affiliated Managers Group Inc., has named Steven Richey as a partner.
Mr. Richey, 33, has been with First Quadrant since 1999. He was promoted to director of derivatives trading in 2003 and will remain in that role.

AXA Financial Inc. of New York has promoted Richard Dziadzio to chief financial officer. He most recently was deputy chief financial officer.
With this promotion, Mr. Dziadzio, 43, assumes added responsibility for all actuarial, investment and risk management functions. He continues his oversight of expense management, corporate-real-estate, corporate-sourcing-and-procurement, and distribution finance areas.

Thornburg Investment Management Inc. of Santa Fe, N.M., has named Josh Gonze and Christopher Ihlefeld co-managers of its five municipal bond funds.
Mr. Gonze, 44, is a managing director responsible for credit analysis for new bond transactions, monitoring credit quality within portfolios, and the evaluation of credit trends. He joined the firm in 1999.
Mr. Ihlefeld, 36, also is a managing director of Thornburg. He analyzes and trades municipal securities for the portfolios. Mr. Ihlefeld joined the firm as a dealer representative in 1996.
The pair will be joining George Strickland, who also is a co-manager of the firm’s five muni funds.

Energy Investors Funds Group LLC of Boston has promoted Andrew E. Schroeder to senior partner and Keith Derman to vice president of its New York offices.
Mr. Schroeder, 38, and Mr. Derman, 34, are both responsible for originating, analyzing, structuring and closing new fund investments, as well as continuing portfolio company management.
Most recently, Mr. Schroeder served as a partner, and Mr. Derman was a senior associate. The former joined the group’s New York offices in 2001; the latter joined in 2005.

The Securities Industry and Financial Markets Association of Washington and New York has hired Scott DeFife as senior managing director of government affairs. He and fellow senior managing director of government affairs Richard Hunt will share responsibilities for SIFMA’s legislative strategy.
Mr. DeFife, 42, has worked in Washington for more than 18 years. Most recently, he was senior policy adviser to House Majority Leader Steny Hoyer, D-Md., for whom he had worked since 2003. Previously, he served separately as legislative director for Reps. Bart Gordon, D-Tenn., and Karen McCarthy, D-Mo.

AssetMark Investment Services Inc. of Pleasant Hill, Calif., has hired Ingrid Ramsey as chief financial officer, Zoë Brunson as director of investment strategies and Charbel Amine as director of adviser services.
Ms. Ramsey, 42, provides financial leadership for AssetMark and works out of the firm’s corporate headquarters. She most recently spent six years with Los Angeles-based AIG SunAmerica Inc., where she was vice president of business analysis in the retirement markets division.
Ms. Brunson’s most recent post was as a director at New York-based Standard & Poor’s, where she managed the fund analyst team responsible for mutual fund oversight and recommendations. She is 34.
Mr. Amine, 42, is working with AssetMark’s customer service and training leadership teams to develop an overall service model in the company’s adviser services group. He most recently served as director of customer service operations at Bankfirst Corp. of Sioux Falls, S.D.

Northern Trust Corp. of Chicago has appointed Allison Coleman to the North America asset servicing sales team, focusing on the not-for-profit segment including foundations, endowments and health-care organizations.
Ms. Coleman, 42, joins Northern Trust from JPMorgan Chase & Co.’s worldwide securities services division in New York, where she led new-business development in the not-for-profit segment. Based in New York, she reports to Jeff Conover, senior vice president and head of North American sales.

Highland Financial Holdings Group LLC, a New York-based alternative-investment manager that focuses on mortgage-backed and asset-backed securities, has hired Vincent Thompson, 46, as managing director of marketing and investor relations.
He will be responsible primarily for marketing the firm to institutional investors in North America. He joins HFH Group from JPMorgan Incubator Funds in New York, where he was director of marketing.

Stonebrook Capital Management Inc. of New York, which specializes in alternative beta solutions, has hired Darryl B. Thompson as president.
Mr. Thompson, 45, is responsible for business development, marketing and sales, and will work closely with Jerome Abernathy, chief investment officer and founder of Stonebrook. He most recently was a partner at TSG Capital Group LLC, a private-equity fund in Stamford, Conn., managing more than $700 million in assets.

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