Industry

Wells Fargo has promoted Dean Junkans to the role of chief investment officer of Wells Fargo Advisors and Wells Fargo Private Bank.

StanCorp Equities has appointed Jennifer Giampaolo as a pension consultant for its Orange County Retirement Plans Office, responsible for retirement plan sales in Orange, San Diego, San Bernardino and Riverside counties. She will also serve Arizona and New Mexico.

Independent broker-dealer Paulson Investment Company has agreed to transfer its retail operations to RIA and broker-dealer JHS Capital Advisors.

Independent advisory firm French, Wolf and Farr has increased its AUM after taking on Piedmont Asset Management.

The onslaught of retirement business over the next 20 years has been the big story-but beyond that, demographics paint an uncertain picture.

Barclays Wealth has hired eight financial advisors in the latest bid of its Americas expansion strategy. In Los Angeles, Barclays has hired Lisa Amster from Goldman Sachs, Audra Lalley from Morgan Stanley Private Wealth Management, Mark T. Lindee from Wells Fargo, and Kevin Monaco and David Garfin from Credit Suisse Private Banking. In Chicago, three-member team Stuart Buck, William Scherr and David Yaccino join from Goldman Sachs.

The managing director, global head of manager due diligence, private bank, at J.P. Morgan discusses her 17 years in the securities business.

Mutual of Omaha has named Seth Friedman to serve as 401(k) national sales director. He takes over for Michael Ziccardi, who left the firm in December to join Rekon Intrelligence, which works with advisors to help them build out their businesses.

The group chose Securities America because “we want to expand our business … [and]… we feel this is a better opportunity and fit than any other firm we researched and reviewed,” according to Tom Gahler.

Alternative mutual fund shop Direxion has hired Greg Blue to serve as senior regional sales director, focusing on the Florida market.