Timothy Pettee has joined SunAmerica Asset Management Corp. as its chief investment officer and director of research.
He will oversee the investment team of AIG SunAmerica Mutual Funds, which manages more than $7 billion in equity and fixed-income assets. Pettee will also manage the firm's research and trading units and report to SunAmerica President Peter Harbeck.
Pettee most recently served as EVP and global director of research at Schroder Investment Management.
Advisor360° names former MassMutual exec Mike Fanning as its new CEO
Caz Craffy admitted to taking nearly $10 million entrusted to him by Gold Star families and using it for excessive trades through outside brokerage firms.
The number of experienced financial advisor recruits fell in the first quarter, but Ameriprise's overall headcount and its profits are on the rise.
Opponents haven't stated publicly that they will file a lawsuit, but one will almost certainly challenge the Biden administration's expansion of the fiduciary duty.
Few U.S. adults have done any estate planning. Even fewer have done so for their pets. Advisors can help them get started.
Fidelity launched a new hub aimed at helping advisors who said they're struggling to grow organically. The move comes as LPL Financial and BlackRock launched similar hubs this year.
