Industry

Former SunAmerica executive Frank Hayn will support existing retirement plan business and will help NPH representatives grow their practices in the retirement plan and 401(k) space.

Portland, Ore.-based Invest n Retire, LLC, a record keeper for tax-deferred retirement plans, has appointed Agustin J. (Gus) Fleites as chief executive officer.

The independent broker-dealer network National Planning Holdings, Inc. has named Frank Hayn vice president of retirement plans.

Benjamin F. Edwards & Co. has tapped Wells Fargo to hire a three-member advisory team to staff its new Ohio office, and also added a new financial consultant in Illinois.

Fifth Third Securities hires regional investment manager for Northern Ohio and Western Pennsylvania.

A typical fee-based advisor undercharges clients by about $20,000 each year, according to a presentation on the PriceMetrix site.

Wilshire Associates Inc. has promoted John Hindman to the role of president of the firm.

Analytical market data provider Benchmark Solutions has appointed Tim Grant has head of sales and marketing.

The advantages of having both an RIA and broker-dealer relationship include ownership of the business while having the support of a full service broker-dealer.

Running a planning practice takes you into a lot of chicken-and-egg situations, such as needing to have scale before you can get the tools you need to grow. Bob Veres has answers for RIAs starting out or struggling to grow their firms.