Symetra Investment Services, Inc., the broker-dealer registered investment advisor arm of Symetra Financial Corporation, has hired John Forrest to serve as director of business development, responsible for managing relationships, development advisors and managing sales.

Forrest, who will report to Richard Moran, president of Symetra, was hired away from Lincoln Financial Network, where as director of sales and business development oversaw sponsor relationship management and the network sales desk. He served in this role for both Lincoln Financial Advisors Corp., and Lincoln Financial Securities Corp.

Previously, he was senior relationship manager at Oppenheimer Funds Distributors in New York, where he worked with analysts to secure sub-advisory, institutional or advisory platform mandates as well as negotiate revenue sharing.

"John is a seasoned business development professional who will bring a new dynamic to SIS," stated Moran. "His diverse financial experience and broad network of industry relationships will help us accelerate growth and expand our broker-dealer operation."

Symetra Investment provides advisors with a variety of products for brokerage and cash management accounts, mutual funds, retirement plans, managed accounts and education savings.

Tommy Fernandez writes for Money Management Executive.