It's a big happy family for Hartford Mutual Funds, which announced today five new additions to its team.
Former Janus Capital Group chief financial officer Gregory Frost, was appointed chief financial officer of the Radnor, Pa.-based company. In addition, Hartford also hired four external advisor consultants to serve wirehouse and non-wirehouse firms in New York, northern California and Washington, D.C.
Regarding Frost's hiring, James Davey, executive vice president of Hartford Mutual Funds, said in a press release, “Greg will provide financial perspective and analysis for key initiatives aimed at improving our business performance.”
The new consultants include James Gilbarty, formerly with New York Life’s Main Stay Investments, who will serve non-wirehouse firms in New York City; Joffrey Pearlman, formerly with PIMCO and Allianz, who will serve wirehouse firms in New York City; Chris Malkin, who will serve non-wirehouse firms in Washington, D.C.; and Peter Bentley, formerly with Janus, who will serve wirehouse firms in northern California.
The five personnel additions follows a recently expanded relationship with Wellington Management, which now serves as the primary sub-adviser for Hartford's equity, fixed-income, mixed-asset, asset-allocation and target-retirement funds. Wellington oversees $748 billion in assets as of Sept. 30.
As of Sept. 30, Hartford manages $87.4 billion in assets.