MFS Investment Management has expanded its Defined Contribution Investments Only specialist sales team from seven to nine, with the addition of new positions in the Mid-West and Southeast.

Specifically, Philip Stewart has joined the firm as a DCIO specialist, responsible for DCIO sales in the Mid-West, based in Minneapolis. David Bryant, formerly an inside DCI0 specialist, has been promoted to DCIO specialist, focused on the Southeast. Prior to joining MFS, Stewart spent 16 years with Wells Fargo, the last seven of which were spent working directly with advisors and retirement consultants in the DC. Bryant joined MFS in 2008 as an internal wholesaler and was named an internal DCIO specialist in 2010.

"This latest expansion of our DCI team paves the way for MFS to provide additional support to professional retirement advisors and allows us to extend our resources to more retirement practices in the Mid-West and Southeast regions," stated Ryan Mullen, senior managing director and head of national sales for MFS' DCIO group.

Across its different business lines, MFS manages more than $35 billion in defined contribution assets.

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