Curian Capital has hired Mike Petko as divisional vice president, in charge of distribution efforts in the Eastern region. In this position, he will oversee a team of Curian's regional business consultants.

Petko comes to the firm from Transamerica Capital, where he was executive vice president and national sales manager, overseeing four divisional vice president and 52 wholesalers. During his time at Transamerica, he helped reorganize the company's distribution efforts across three national advisory channels.

"Mike is a decisive leader who has been recognized for sound business judgment and the ability to build high-performing teams," said Greg Verfaillie, senior vice president and national sales manager at Curian. "His unique wholesaling, management and strategic leadership skills will be a tremendous asset to our organization."

Petko said: "Curian's growth is a direct result of continually introducing innovative solutions, working with the right partners and expanding the depth and breadth of its product offerings. The organization has garnered a substantial distribution footprint across the country, and I'm excited to play a part in its ongoing development."


Gabelli Selects Goldman as VP, General Counsel

GAMCO Investors has named David M. Goldman vice president, corporate development and general counsel of Gabelli Funds, advisor to GAMCO's registered investment companies. Goldman will report director to Chairman Mario J. Gabelli.

Goldman comes to Gabelli from Deutsche Asset Management's retail asset management division, where he was a director. He initially joined Bankers Trust-Alex Brown prior to the acquisition by Deutsche Bank.

"David has developed an excellent foundation in the fund industry," Gabelli said. "We look forward to benefitting from his knowledge as we set the path for growth of our fund business in the years ahead."


Aviva Promotes Junge to CIO, Fixed Income-N.A.

Aviva Investors North America has promoted Ross Junge to chief investment officer-North America, from head of portfolio management. As CIO, Junge will continue to have an integral role in the oversight of investment strategy, asset allocation and risk positioning of fixed income portfolios totaling more than $45 billion in assets under management.

Junge has been with Aviva since 1998 and has more than 18 years of investment management experience, including four years at Aegon USA Investment Management, where his responsibilities included security analysis, portfolio management and trading.

"Under Ross' leadership, we have developed a disciplined investment process and have achieved consistently strong results across a range of fixed income capabilities," said Pat O'Brien, chief executive officer of Aviva Investors North America. "In his expanded role, Ross will continue to lead our teams in delivering the highest-quality fixed income solutions and investment returns to our institutional clients."


U.S. Bank Taps Rauchle to Head Ultra-HNW Division

U.S. Bank Wealth Management has hired Daniel J. Rauchle as head of investment management in its Ultra High Net Worth Group. In this role, he is in charge of portfolio construction, asset allocation, manager due diligence, risk management and investment communication.

"Dan Rauchle is a seasoned investment executive who brings to our firm a wealth of knowledge about the asset management business," said Michael Cole, president of the Ultra High Net Worth Group. "His experience in managing money across a wide variety of platforms will help us serve our clients more effectively."

A 22-year veteran of the financial services industry, Rauchle previously was founder and president of Wells Fargo Alternative Asset Management. He was also head of the Wells Fargo Family Wealth Alternative Investment Group. Prior to joining Wells Fargo, Rauchle was a director with Charles Schwab's investment management and retirement divisions and headed U.S. Bank's Qualivest mutual fund complex.


Schlafly Resigns from Presidency at FSC

Mark Schlafly has resigned as president and chief executive officer at FSC Securities, one of the three independent broker-dealer groups owned by AIG.

The company has not named a replacement for Schlafly, who had been at FSC Securities since June 2008. Larry Roth, president and chief executive officer of Advisor Group, will assume Schlafly's responsibilities, carrying both titles, until a replacement is named.

Schlafly had decided to return home to St. Louis for family reasons, according to a company statement.

FSC credited Schlafly with stabilizing and accelerating adviser retention, and retaining its position as a strong independent broker-dealer.

Previously, Schlafly had been a senior vice president at LPL Financial and a vice president at A.G. Edwards.


PIMCO Snags Two Loan Managers from Lord Abbett

PIMCO has nabbed two bank loan portfolio managers from Lord Abbett. Elizabeth MacLean and Jason Duko will join PIMCO in early April, reporting to Marc Seidner, a managing director and senior member of the portfolio management group.

At Lord Abbett, MacLean oversaw bank loan and structured product areas. She was previously a leveraged loan portfolio manager at Nomura Corporate Research and Asset Management, and a portfolio manager at Pilgrim Investments. Duko was an associate portfolio manager at Lord Abbett, also focusing on bank loans and structured products. Before joining that firm in 2006, he was with Nomura Corporate Research.

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