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As the U.S. economy makes progress in a slow recovery, the Mercer consulting and benefits outsourcing firm is trying to position itself to serve clients in an increasingly complex financial marketplace.

Joe Moglia, was introduced Wednesday as the president and head coach of the expansion Virginia Destroyers of the United Football League.

Morningstar has named Peng Chen, president of its Ibbotson Associates unit, president of its global investment management division. In this role, Chen will be responsible for the company’s investment consulting, retirement advice and investment management operations in North America, Europe, Asia and Australia, including Morningstar Associates, Ibbotson Associates, Morningstar Investment Services, Old Broad Street Research and Seeds Finance.

Chen, who was president of Morningstar’s Ibbotson Associates unit, will oversee the company’s investment consulting, retirement advice, and investment management operations in North America, Europe, Asia, and Australia, including Morningstar Associates, Ibbotson Associates, Morningstar Investment Services, Old Broad Street Research, and Seeds Finance.

Winkler joined UBS in 2003 from Credit Suisse First Boston where he specialized in TMT M&A for five years. He began his career in July 1997 at Deutsche Morgan Grenfell as a member of the M&A team.

UBS Wealth Management Americas hired three advisors from Morgan Stanley Smith Barney in its Los Angeles operation.

PineBridge Investments has hired George Hornig, the former managing director and co-global chief operating officer at Credit Suisse Asset Management, to serve in a similar capacity at the New York-based institutional and individual investment management firm.

At its national conference in Denver, the Financial Planning Association spent a lot of time discussing education and regulation. It is fitting, then, that its president-elect also has financial literacy leadership under his belt.

Oppenheimer has hired two executives in its fixed income division-Mark Anderson as managing director, institutional fixed income sales and trading, and Neil Snoep as director, bank strategist. Both report to Robert s. Lowenthal, senior managing director of the taxable fixed income group.

The firm added research teams and begins coverage of master limited partnerships.

The Denver-based company hired Edward DeMarino as vice president and director of financial institutions.

Joanne Frawley has worked at a string of prominent firms in her financial services technology career, but she never felt those companies shared her level of motivation for providing portfolio performance data that strictly adhered to industry standards.

The vice chairman's departure follows a management shuffle that put another executive in the top post at the firm's investment bank.

Valli Kindred and Chad Stephens together manage $170 million, from which they generated $1.7 million in production, according to the company.

Catie Tobin succeeds Mike Kavanagh as head of RBC Correspondent and Advisor Services.

Wells added an advisor in South Carolina and another in Georgia.

RBC Capital Markets plans to announce Wednesday that Francisco Gonzalez has joined its municipal finance group to focus on large issues.

James Kern joins the firm from JPMorgan, where he was a senior member of the financial institutions group.

Thomas Hirsch will oversee financial advisors serving clients across Kentucky while also serving his own clients as a senior vice president of investments.

The Stamford, Conn., based company, which has $6.5 billion in assets under management, opened Chilton Trust Management LLC in Palm Beach, Fla., to provide full-service, private wealth management services including: asset allocation advice and portfolio management.