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Bob Tuszynski has joined UMB Fund Services as senior vice president and director of distribution services. One of his key responsibilities is to market “Total Distribution,” which helps fund companies pinpoint their most profitable sales intermediaries through customer relationship management. UMB also offers other marketing and sales distribution support services.

PIMCO has named Mohamed El-Erian chief executive officer, a position he currently shares as co-CEO with Bill Thompson, who will be retiring at the end of the year.

Pioneer Investments has selected Brian E. Stack as manager of the Pioneer Growth Opportunities Fund. A 21-year veteran of the mutual fund industry, Stack has specialized in small- and mid-cap growth.

Catherine J. Weatherford has been named president and chief executive officer of NAVA, the Association for Insured Retirement Solutions, based in Reston, Va.

Forward Management has hired Jeffrey P. Cusack as president. J. Alan Reid, Jr. will remain chief executive officer, focusing on strategic direction.

Khan Heads Development For ING U.S. Wealth Unit

Clapp Accepts Sales Post With Fred Alger Mgmt.

After months of vacancies, Chairman Christopher Cox finally has a full slate of commissioners to work with at the Securities and Exchange Commission.

Troy A. Paredes was sworn in Friday afternoon as the newest commissioner of the Securities and Exchange Commission by SEC Chairman Christopher Cox.

The board of directors at The Vanguard Group Inc. has elected F. William McNabb III as its chief executive officer.

Rampart Promotes Two to Managing Director

Luis A. Aguilar, a former partner at McKenna Long & Aldridge LLP in Atlanta, was sworn in as a member of the Securities and Exchange Commission on July 31.

Richard Jenrette Joins Blackstone Board

GAMCO Investors announced today its appointment of Jeffrey M. Farber as executive vice president of finance/corporate development and chief financial officer.

In his last public appearance as a member of the Securities and Exchange Commission, Commissioner Paul Atkins said that, with regards to shareholder rights, the agency “would be wise to continue to respect the principles of federalism and avoid the temptation to exceed the limitations on its authority delegated by the Congress.”

Callan Joins Credit Suisse As Head of Hedge Funds

U.S. Bancorp has named William Benjamin as CEO of U.S. Bancorp Investments Inc. and U.S. Bancorp Insurance Services LLC.

The Philadelphia wealth management firm Janney Montgomery Scott LLC has hired Francis J. McAleer Jr. as director of wealth management sales and marketing in its wealth management department.

Erin Callan, who was recently ousted from her position as Lehman Brothers’ chief financial officer, will begin a new role as head of Credit Suisse’s global hedge fund business on Sept. 2.

President and CEO of Federated Investors, Inc., J. Christopher Donahue, recently announced Federated’s acquisition of assets associated with the Prudent Bear and Prudent Global Income Funds. Federated is set to purchase these assets from David W. Tice & Associates at an initial price of $43 million with future contingent payments over the next four years of up to $100 million. These funds have an estimated net worth of $1.2 billion and $502 million, respectively.