Frank Waltman has joined Prudential Retirement as head of the organizations Investment Products team.
In this role, Waltman will have overall management responsibility for the investment platform that Prudential Retirement offers to defined contribution, defined benefit and non-qualified plan clients. Prudential Retirement is a business of Prudential Financial Inc.
As head of Investment Products, Waltman will report to George Palms, senior vice president, and will oversee an open architecture product suite comprised of equity, fixed income, balanced, and other retail and sub-advised investment offerings, totaling more than 1,000 individual funds and approximately $100 billion in invested assets.
Waltman will also direct Prudential Retirements Due Diligence Advisor program, which utilizes a multifactor process, incorporating both risk and return, to evaluate investment performance.
He will also oversee the continued development of the firms institutional sub-advised funds platform, which has grown to encompass over 50 funds and $22 billion in assets. Here, Waltman and his team will monitor and, if necessary, replace investment managers which assists clients invested in Prudential Retirements sub-advised fund offerings to meet their fiduciary responsibilities.