AllianceBernstein

Bernstein Private Wealth Management Opens Stamford Office

Retrieved on:

Monday, February 27, 2023

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STAMFORD, Conn., Feb. 27, 2023 /PRNewswire/ -- Bernstein Private Wealth Management ( Bernstein ), a unit of AllianceBernstein L.P. (NYSE: AB), announced today that the firm is expanding its presence in Connecticut and Westchester County with a new waterfront office in Shippan Landing in Stamford, which opened this month.

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STAMFORD, Conn., Feb. 27, 2023 /PRNewswire/ -- Bernstein Private Wealth Management ( Bernstein ), a unit of AllianceBernstein L.P. (NYSE: AB), announced today that the firm is expanding its presence in Connecticut and Westchester County with a new waterfront office in Shippan Landing in Stamford, which opened this month.
"Bernstein has been operating in the Connecticut and Westchester markets and building a significant network of client relationships for decades, and we're excited to deepen our commitment to the local community with a dedicated office presence," said Rick Meyers, Head of Client and Advisory at Bernstein.
The new Bernstein Private Wealth Management Stamford office will serve as a hub for local financial professionals as well as Bernstein executives from around the world working with clients in the area.
We welcome Bernstein to Connecticut and wish them many years of success and growth."

Lazard Asset Management Appoints Larry Cohen as Global Head of Technology & Operations

Retrieved on:

Wednesday, February 22, 2023

Finance, Consulting, Banking, Professional Services, Asset Management, AllianceBernstein, Morgan Stanley, Growth, LAM, Partner, Goldman Sachs, Lazard, UBS

Lazard Asset Management (LAM) today announced that Larry Cohen has been appointed as Managing Director and Global Head of Technology & Operations, effective immediately.

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Lazard Asset Management (LAM) today announced that Larry Cohen has been appointed as Managing Director and Global Head of Technology & Operations, effective immediately.
“Larry brings a wealth of experience in the asset management industry as well as in technology and operational infrastructure,” said Evan Russo, Chief Executive Officer of Lazard Asset Management.
“He will work with our teams globally to improve and refine our global technology, systems and operational infrastructure, which will help support the next stage of growth and expansion within the asset management business.”
Mr. Cohen joined the firm last August as a Strategic Advisor.
He has deep experience across operations, technology, portfolio implementation, and operational risk from a variety of roles within the asset management and financial services industry, including positions at Goldman Sachs, Morgan Stanley, UBS and, most recently, at AllianceBernstein where he was a Partner and Global Head of Operations and Technology.

AM Best Affirms Credit Ratings of Equitable Holdings, Inc. and Its Life Subsidiaries

Retrieved on:

Thursday, February 16, 2023

Concurrently, AM Best has affirmed the FSR of B++ (Good) and the Long-Term ICR of “bbb” (Good) of Equitable Financial Life and Annuity Company (Equitable Financial Life and Annuity) (Lakewood, CO).

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Concurrently, AM Best has affirmed the FSR of B++ (Good) and the Long-Term ICR of “bbb” (Good) of Equitable Financial Life and Annuity Company (Equitable Financial Life and Annuity) (Lakewood, CO).
Additionally, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) and the Long-Term Issue Credit Ratings (Long-Term IR) of Equitable Holdings, Inc. (Delaware).
The ratings reflect Equitable Life Group’s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management (ERM).
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

Denise Williams Joins Alight, Inc. Board of Directors

Retrieved on:

Thursday, February 2, 2023

Data Analytics, Business, Professional Services, Fintech, Human Resources, Organization, IBM, Human resources, NYSE, First Data, PwC, Cooper, AVI-SPL, AllianceBernstein, FIS, Policy, Alight, Management, University at Albany, SUNY

Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced that Denise Williams will join its Board of Directors (the “Board”), effective February 3, 2023.

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Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced that Denise Williams will join its Board of Directors (the “Board”), effective February 3, 2023.
The Board elected Ms. Williams to be a director on February 2, 2023.
With more than 25 years of experience, Ms. Williams has held human resources leadership roles across numerous market-leading organizations.
Alight intends to further expand the number of independent directors on its Board in the coming quarters.

Saviynt Raises $205M; Founder Rejoins as CEO, Appoints Seasoned President to Accelerate its Leadership in Identity Management

Retrieved on:

Tuesday, January 31, 2023

The company will use this funding to meet the market’s growing demand for its converged identity platform and accelerate innovation.

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The company will use this funding to meet the market’s growing demand for its converged identity platform and accelerate innovation.
Nayyar first led Saviynt from inception in 2011 to leadership in the identity governance market in 2018, exponentially increasing its revenue and customers during his initial tenure.
Nayyar rejoins Saviynt after serving as founder and CEO of cyber security company Securonix, which he led to a $1 billion+ growth investment led by Vista Equity Partners in 2022.
Seasoned executive Paul Zolfaghari joins Saviynt as President with over twenty years of software company operating experience.

Northern Trust Asset Management Names Client Portfolio Manager for Muni Team

Retrieved on:

Tuesday, January 24, 2023

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Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.0 trillion in assets under management as of December 31, 2022, announced today that, effective January 9, John Ceffalio has been hired as head of Municipal Client Portfolio Management, a newly created position within its global fixed income group.

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Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.0 trillion in assets under management as of December 31, 2022, announced today that, effective January 9, John Ceffalio has been hired as head of Municipal Client Portfolio Management, a newly created position within its global fixed income group.
The expansion of NTAM’s global fixed income team, responsible for $470 billion in fixed income assets under management, is designed to enhance capabilities as the team serves the evolving needs of fixed income investors worldwide.
As head of Municipal Client Portfolio Management, Ceffalio will work alongside the portfolio management and research teams, enabling him to bring meaningful insights to clients as he helps them navigate the evolving and increasingly challenging fixed income market.
The addition of Ceffalio to NTAM’s Fixed Income Group is part of the firm’s emphasis on delivering holistic global fixed income capabilities and exceptional client service experiences to investors.

Cboe Australia Announces Planned Retirement of CEO Vic Jokovic, Appoints Emma Quinn as Successor

Retrieved on:

Tuesday, February 14, 2023

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SYDNEY, Feb. 14, 2023 /PRNewswire/ -- Cboe Australia ("Cboe Australia") today announced the planned retirement of Cboe Australia CEO Vic Jokovic, effective March 31, 2023.

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SYDNEY, Feb. 14, 2023 /PRNewswire/ -- Cboe Australia ("Cboe Australia") today announced the planned retirement of Cboe Australia CEO Vic Jokovic, effective March 31, 2023.
Industry veteran Emma Quinn has been appointed as his successor and will assume the position of President, Cboe Australia, as of March 27, 2023.
Mr. Cordell is overseeing the business operations of Cboe Australia and Cboe Japan and leading Cboe's planned further expansion into the region.
Cboe Australia is the country's second largest securities exchange by volume traded, offering trading in Australian-listed securities, in addition to the exclusive trading of Cboe Australia quoted warrants and ETFs.

ANDREW (ANDY) MCCORMICK TO RETIRE FROM T. ROWE PRICE

Retrieved on:

Thursday, February 9, 2023

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BALTIMORE, Feb. 9, 2023 /PRNewswire/ -- T. Rowe Price, Inc. (NASDAQ-GS: TROW), announced today that Andrew (Andy) McCormick, head of the firm's Global Fixed Income division and one of the firm's chief investment officers (CIOs), plans to retire at the end of 2023. McCormick, who also serves as chair of T. Rowe Price's Fixed Income Steering Committee (FISC) and as a member of the firm's Management Committee, will be succeeded by Arif Husain, who is also one of the firm's CIOs and is currently head of International Fixed Income and a portfolio manager.

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BALTIMORE, Feb. 9, 2023 /PRNewswire/ -- T. Rowe Price, Inc. (NASDAQ-GS: TROW), announced today that Andrew (Andy) McCormick, head of the firm's Global Fixed Income division and one of the firm's chief investment officers (CIOs), plans to retire at the end of 2023.
McCormick joined T. Rowe Price in 2008 after beginning his investment career in 1983.
At that time, he will assume McCormick's position on T. Rowe Price's Management Committee and leadership of the FISC.
Following its typical robust succession planning process, T. Rowe Price has outlined a thoughtful transition for strategies currently led by Husain.

J.P. Morgan Asset Management Appoints Michael Conrath as Chief Retirement Strategist

Retrieved on:

Tuesday, January 31, 2023

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NEW YORK, Jan. 31, 2023 /PRNewswire/ -- J.P. Morgan Asset Management today announced the appointment of Michael Conrath as Chief Retirement Strategist, commencing February 1. In the role, Michael will define the firm's retirement research agenda and lead the Retirement Insights team, which serves as the engine for J.P. Morgan Asset Management's market-leading research, leveraging JPMorgan Chase's unique access to spending and saving data to improve retirement outcomes for all Americans. Based in New York, Michael will report to Dan Oldroyd, Portfolio Manager and Head of Target Date Strategies, J.P. Morgan Asset Management.

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NEW YORK, Jan. 31, 2023 /PRNewswire/ -- J.P. Morgan Asset Management today announced the appointment of Michael Conrath as Chief Retirement Strategist, commencing February 1.
In the role, Michael will define the firm's retirement research agenda and lead the Retirement Insights team, which serves as the engine for J.P. Morgan Asset Management's market-leading research, leveraging JPMorgan Chase's unique access to spending and saving data to improve retirement outcomes for all Americans.
Based in New York, Michael will report to Dan Oldroyd, Portfolio Manager and Head of Target Date Strategies, J.P. Morgan Asset Management.
"As one of the industry's foremost retirement providers, J.P. Morgan Asset Management continues to differentiate itself through data-fueled research, insights and thought leadership," said Dan Oldroyd, Portfolio Manager and Head of Target Date Strategies, J.P. Morgan Asset Management.

ADISA Announces 2023 President-Elect and Officers

Retrieved on:

Wednesday, January 25, 2023

INDIANAPOLIS, Jan. 25, 2023 /PRNewswire/ -- At its first board meeting of the year, the new ADISA (the Alternative & Direct Investment Securities Association) board, elected by the membership in late 2022, selected its 2023 officers.

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INDIANAPOLIS, Jan. 25, 2023 /PRNewswire/ -- At its first board meeting of the year, the new ADISA (the Alternative & Direct Investment Securities Association) board, elected by the membership in late 2022, selected its 2023 officers.
Michael Underhill of Capital Innovations begins his term as the 2023 ADISA president, and Jade Miller of Bourne Financial Group was elected as the 2023 president-elect and will serve as president in 2024.
The other ADISA officers selected were: John Grady of ABR Dynamic Funds as vice president; Catherine Bowman of The Bowman Law Firm as secretary; and Mark Kosanke of Concorde Investment Services as treasurer.
Miller began her career in 2013 as a junior planner with Ameriprise Financial, where she was introduced to alternative investments.