Jodka Becomes Schroders' US National Sales Manager
September 19, 2011
Schroders has hired David Jodka as national sales manager of U.S. intermediary distribution, overseeing a team of 11 sales professionals, seven of whom are external wholesalers. Jodka reports to Carter Sims, head of U.S. intermediary distribution.
A 20-year veteran of the investment industry, Jodka joins Schroders from Wells Fargo/Evergreen Investment, where he was vice president and divisional sales manager in the funds management group. There, he oversaw the team serving the wirehouse, independent/regional and registered investment advisors in the East Coast and Central regions. Before Wells Fargo, Jodka spent 14 years at MFS Fund Distributors, his last role being regional vice president in the broker-dealer channel.
"The addition of David in this new role reflects our continued success and growth in the U.S. market over the last five years," Sims said. "We are committed to providing the U.S. intermediary market with the highest level of service, as they have come to expect from Schroders. We welcome David as a proven leader to continue to grow an already strong distribution team. He will help our team build on our current adviser relationships in the U.S. and will help drive the team's future business strategy."
Genworth Selects Rothfeld As Chief Marketing Officer
Genworth Financial Wealth Management has appointed former Citibank and Charles Schwab executive Myra Rothfeld as its chief marketing officer.
Rothfeld, who most recently led the development of a new independent adviser channel for high-net-worth clients at Citibank, will be responsible for marketing, brand strategy and product management initiatives in support of the more than 6,000 independent financial advisers GFWM serves.
"Myra is passionate about the independent adviser space and she brings innovative ideas to help the advisers we serve grow and compete in their markets," said Genworth CEO Gurinder Ahluwalia. "With today's challenging landscape, we want to be more proactive and responsive in supporting our advisers. Adding her breadth of marketing experience and familiarity with the independent financial adviser will help us fulfill our mission."
Rothfeld also previously served as senior vice president of marketing at Schwab Institutional, where she was responsible for marketing, client experience and product management for the independent RIA business.
First Republic Bank Adds Krusko to Wealth Team
First Republic Bank has hired Matt Krusko as a managing director and wealth adviser for its investment management, trust and brokerage unit in New York.
Krusko joins the San Francisco-based private bank and wealth management firm from Bernstein Global Wealth Management, where he served as a vice president and financial adviser.
In his new role at First Republic Private Wealth Management, Krusko will work with high-net-worth individuals and families, foundations, endowments and non-profits providing customized wealth management solutions, including trust, investment management and brokerage services.
"Matt Krusko is a very successful investment adviser with a proven track record of developing highly customized wealth management solutions for clients," said Katherin August-deWilde, president and chief operating officer at First Republic Bank.
Forward Hires McCarthy, Clarke for Sales, Marketing
Forward Management has appointed Eileen McCarthy as senior product marketing manager, with a focus on alternative investments, and Jason Clarke as vice president of sales and regional sales director for the Eastern territory.
"The expansion of Forward's sales and marketing team was spurred by investors' growing interest in alternative mutual fund strategies as tools to help manage risk and pursue higher absolute returns," said Forward Chief Executive Officer J. Alan Reid. "Advisers and investors increasingly recognize why they will need new investment solutions in order to get ahead in today's market climate. It's up to us, as solution providers and innovators, to help them stay abreast of the rapidly growing range of alternative investment choices available."
McCarthy comes to Forward from Mellon Capital Management, where she was director of marketing communications. She previously held senior marketing roles at Bank of America and Wells Fargo.
Clarke joins from Merrill Lynch, where he served as a vice president in the wealth management division, overseeing the Mideast region of Ohio, Michigan and West Virginia.
5 Recruits at Oppenheimer In Strategic Accounts Unit
OppenheimerFunds has hired five executives in its strategic accounts group, which includes the sales channels covering retail, institutional, large trust banks, defined contribution investment only and consultant relations.
Joining the third-party distribution effort are John Leonard, a 17-year veteran of the investment management industry and formerly head of the DCIO group at Deutsche Bank/DWS Investments, and Megan Pigott, most recently with Lord Abbett.
Sean Clark, formerly with John Hancock, and Tim Scanlan, who hails from Titanium Asset Management, are now with Oppenheimer's consultant relations team based in Chicago. Tim Stidham has joined the institutional sales team and was most recently with Putnam Investments.
"These hires highlight our commitment to providing best-in-class talent across our strategic accounts team," said Senior Vice President Kim Mustin.