Dr. W. Van Harlow has been named director for Investment Retirement Solutions at Putnam Investments where he will focus on the development of asset allocation tools and planning methodologies used by financial advisors, consultants and plan sponsors in the retirement and institutional markets, the firm announced today.

Harlow will work closely with Jeffrey Carney, head of marketing for Products and Retirement, at Putnam. He will report directly to Head of Global Asset Allocation Jeffrey Knight.

Harlow has been serving in a consulting role at the Boston-based firm. Prior to that, he held several positions with Fidelity Investments from 1991 to 2008. While there, he served as a managing director of the Fidelity Research Institute, as a managing director of strategic new business development and was president and CIO of Fidelity Asset Management Services. Earlier on, he worked on quantitative investment and trading strategies as a VP at Salomon Brothers.

In the announcement, Knight highlighted Harlow’s “substantial contributions” to the firm’s “innovative thinking and product solutions for the retirement market.”

Meanwhile, Carney said: “Investors need help in meeting the market challenges that have changed significantly over the past generation. They won’t succeed in meeting their objectives by relying on outdated strategies and ways of thinking. The hiring of Dr. Harlow builds upon the intellectual firepower and thought leadership that has driven innovation at Putnam over the past two years, and brought new product offerings, services and strategies to better serve our clients.”