Janus Chief Financial Officer Greg Frost, will leave the firm on or around Aug. 1 and will be replaced by Bruce Koepfgen, who will join the firm in the beginning of June and succeed Frost in early August.

Koepfgen and Frost, who has worked at Janus for 14 years, will work together over the summer to ensure a smooth transition, the company said.

Koepfgen, 58, has more than 35 years of financial and asset management experience. From 2003 to 2009, he worked for Allianz Global Investors, during which he was CEO of Oppenheimer Capital, an Allianz subsidiary, and chairman of Allianz Global Investors Fund Management. Before working at Allianz, he spent 23 years at Salomon Brothers.

Koepfgen worked with Richard M. Weil, Janus' CEO, when both were members of Allianz Global Investors' executive committee. Weil became CEO of Janus in February 2010.


RidgeWorth Hires Team For Retail Sales Channel

RidgeWorth Investments has hired six salespeople to join its retail sales channel team, led by National Sales Manager Bob Kuberski. The team will focus on wealth advisers within wirehouses and independent broker-dealers, as well as registered investment advisors.

"Because of our significant growth over the past three years, we were able to build a sales team that is completely focused on the needs of the wealth adviser," said Jim Stueve, RidgeWorth president. "The quality of the team we built is a testament to the value proposition that RidgeWorth offers these advisers."

The new team includes:

* Regional Vice President, Northeast Gabriel Dutra, Jr. He has 13 years of industry experience, most recently with Allianz.

* Regional Vice President, New York/New Jersey Metro Domenic Diele. He has 18 years of experience, most recently with John Hancock Funds.

* Regional Associate, Mid-Atlantic Wade Monroe, who has seven years of industry experience, most recently as a retirement and investment specialist at RidgeWorth.

* Regional Vice President, Southeast Blake Jones. He has six years of industry experience, most recently with Pioneer.

* Regional Vice President, Great Lakes John Baka, a 14-year veteran of the industry, most recently with RiverSource.

* Regional Vice President, Northeast Scott Martin, who has five years of industry experience, also most recently with Pioneer.


Cooper Leads State Street's eExchange Derivatives

Charles "Charley" Cooper has joined State Street Corp.'s eExchange derivatives program as senior managing director, reporting to Clifford Lewis, executive vice president and head of the eExchange business. The unit delivers advanced trading solutions for foreign exchanges, futures, U.S. Treasuries and the subscription and redemption of money market and exchange-traded funds.

As head of the derivatives program, Cooper will respond to market changes stemming from the Dodd-Frank reform bill by ensuring the continued success of existing products and building new state-of-the-art trading and settlement offerings.

Cooper most recently worked at Deutsche Bank in London as global head of legal operations in the risk management division. Before that, he was chief operating officer and chief of staff for the U.S. Commodity Futures Trading Commission.

"We are excited to welcome Charley into our organization," Lewis said. "His extensive experience in both the public and private sector make him a unique resource to help State Street and our clients navigate the market and regulatory changes ahead."


Cogswell Joins PIMCO Retirement Unit as SVP

PIMCO has hired Michael Cogswell as a senior vice president on the retirement solutions team.

"Michael has substantial experience in the development of products for retirement income, particularly solutions that provide some element of longevity protection," said Wendy Cupps, a managing director and head of the product management group at PIMCO.

"This hire significantly adds to PIMCO's retirement solutions team and demonstrates our continuing commitment to retirement income solutions, an increasingly important market as advisers and institutions look for innovative income products to help tens of millions of Americans manage their retirement savings," Cupps said.

Cupps was previously with Genworth Financial, where he helped develop and launch variable annuities and other retirement solutions for both retail and institutional clients. Before that, he helped develop insurance and retirement income products at Sun Life Financial and Merrill Lynch.


UBS Selects Wagner as San Francisco Adviser

UBS Wealth Management Americas has hired financial adviser Henry Wagner to join its San Francisco office.

Wagner has been registered with UBS since April 18, according to FINRA records. He joins the firm from Stern, Agee & Leach, where he had $1.14 million in fees and commissions and $224 million in assets under management. Wagner reports to UBS Complex Director Michael Williams. The new addition comes as UBS has been on a hiring streak for its U.S. wealth management business.

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