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Winston Joins Confluence as Director of Development

Confluence has hired industry veteran Frederick Winston as vice president of corporate development, with responsibility to grow the firm's business in the U.S. and beyond, including strategic acquisition opportunities.

"Frederick Winston has a strong background in corporate strategy and analysis, management and business development," said Kirk Botula, president and chief operating officer of Confluence. "Frederick's venture capital experience and his work directing multimillion-dollar global programs will be of great value as we actively pursue acquisitions and initiatives."

Winston joins Confluence from US Bancorp Piper Jaffray Ventures, where he analyzed early-stage technology companies for strategic investment opportunities. He was also a senior executive with Broncus Technologies, where he helped to open markets in the U.S. and Europe and managed a $25 million research program across four continents.

Winston said of his new position, "As a fast-growth technology leader with top-tier global clients, Confluence is uniquely positioned to pursue acquisition opportunities that both deliver added value to their customers and accelerate the company's growth. I am honored to be joining a highly recognized industry leader and am committed to helping Confluence expand its international footprint."

NICSA Names Bhatt

Chairman of the Board

NICSA has named Nimish S. Bhatt of Calamos Investments chairman of the board of directors. A 25-year veteran of the accounting, operations and financial services industry, Bhatt is senior vice president, interim chief financial officer and director of operations at Calamos, in charge of corporate financial, accounting, tax, operations and administration of all investment products. He also serves as chief financial officer of the Calamos Family of Funds, an officer of Calamos Asset Management and a trustee of the board of directors of Calamos Global Funds.

In addition, Bhatt is a member of the Accounting/Treasurer Committee of the Investment Company Institute.

"It is a great honor and privilege to accept this industry leadership position at NICSA," Bhatt said. "Under the thoughtful stewardship of President Theresa Hamacher and outgoing Chairman Michael Woodall, the organization made significant progress towards providing education opportunities and networking forums for our members. I look forward to working with the board and NICSA staff to promote NICSA's mission and further strengthen its role in the global investment management community."

NICSA also elected Fred Naddaff, managing director of Citi Investor Services, Global Transaction Services, as vice chairman. Naddaff is also president of and North American business head for Citi Fund Services, in charge of inorganic growth through lift-outs and acquisitions. He is a 30-year veteran of the mutual fund industry.

NICSA also named four executives for six-year terms as directors of its board:

* Steve Aversa, director of fund administration within financial data services at Merrill Lynch/Bank of America.

* Michael Collins, vice president, proxy solicitation services at Broadridge Financial Solutions. Collins has been involved with NISCA for more than 20 years, including chairing NICSA's Distribution Committee.

* Brian W. Jones, executive vice president at Envision Financial Systems. Jones also chairs the NICSA East Coast Committee and has been an active supporter of the organization throughout his 27-year career in the industry.

* Karen Walsh, managing director and director of mutual fund shareholder services at Putnam Investments. Walsh has served on NICSA's Transfer Agency Committee and has more than 23 years of experience in the industry.

Genworth Taps Resnick as

SVP, Retail Distribution

Genworth Financial has named Lisa Resnick as senior vice president of retail distribution. Resnick comes to Genworth from AVIVA, where she was a senior vice president.

Throughout her 20 years of experience in the financial services industry, Resnick has held a variety of positions, including as top-producing agent, sales manager and agency head. She also spent six years at Allianz Life Insurance Company of North America, where she held several senior distribution, marketing and business leadership roles, including as president of the company's Life and Long Term Care Division.

HighTower Nabs Rieder

From Morgan Stanley

HighTower Advisors has snapped up Morgan Stanley Smith Barney Branch Manager Ann T. Rieder in the latest acquisition for its targeted national hiring spree.

Rieder will oversee HighTower's Midwest territory as a managing director based in the Chicago office, where the firm is also headquartered. Rieder will also serve on HighTower's Diversity Council, which aims to boost the diversity of the firm's employee force, particularly with U.S. military veterans.

Rieder comes to HighTower after spending 15 years at Morgan Stanley Smith Barney. Most recently, she served as branch manager in Oakbrook Terrace, Ill., responsible for $2 billion in assets including the private client and corporate services business.

Rieder's hiring is in line with HighTower's strategy to hire top wealth management talent in targeted geographic areas across the country. In September, HighTower hired UBS Financial Services Adviser Jeff Leventhal in Bethesda, Md.