hired Mary Powers
, previously with John Hancock Financial, and Jason Xanthakis
, formerly with Ameriprise Financial, for its newly rechristened business development group.
That group was previously known as the relationship management team.
| Joe Kringdon|
Head of U.S. Retail Distribution
Business development is under the purview of Bill Taylor
, who also oversees
the investment-only and retirement group. That group was formerly called the strategic
alliances team. Taylor's title changed from senior vice president and head of relationship management
and strategic alliances to senior vice president and head of the business development
and investment-only and retirement group.
The change in the name of Taylor's group took place last month, said Taylor's boss,
, executive vice president and head of U.S. retail distribution, in an interview
with The MFWire
on Wednesday. There was no change in Taylor's duties.
"The phrase sounded nice, very glitzy," Kringdon said of the group's old name. "But it didn't
state specifically what the team was looking to do."
As for the new hires, Powers joined as vice president, business development officer for the advisory
channel. She spent 19 years at Hancock, most recently in the role of national account
manager at John Hancock Financial Services.
Xanthakis, for his part, is a portfolio consultant in the wealth management team. He was previously
a senior research analyst at Ameriprise specializing in platform placement and
earlier worked at Fidelity.
Meanwhile, Kimberly Boucher
, who was promoted to key account manager in the wealth management channel.
Powers reports to Tom Coffey, senior vice president of the business development group, advisory channel.
Xanthakis and Boucher report to Thom Jones, senior vice president of the business development group,
wealth management channel.
Coffey and Jones are among Taylor's direct reports.
Pioneer on Wednesday also unveiled appointments on the investment-only retirement side.
Company Press Release
BOSTON - (Business Wire) Pioneer Investments today announced seven additions to its U.S. sales team, continuing the expansion of its sales force aimed at supporting the firm’s largest retail clients.
“These new additions will help us to expand our efforts to provide investment solutions to larger clients, including broker-dealer wealth management platforms, independent financial advisory firms, defined-contribution providers, banks, and insurance firms,” said Joseph Kringdon, Executive Vice President and Head of U.S. Retail Distribution. “We have developed strong sales momentum this year across a range of distribution channels, and the expansion of our sales team with experienced and talented professionals is aimed at continuing that momentum,” Kringdon added.
Bill C. Taylor, Senior Vice President and Head of Business Development and Investment Only and Retirement Group, added that the new additions are part of an effort to strengthen the sales organization’s focus on the DCIO platform market, develop new business with large clients, and provide a high level of client service. “This is the fastest-growing area of our business and holds great potential going forward, so it’s important for us to be much more pro-active in this marketplace with more staff resources and support,” Taylor said. Pioneer now has a 12-person team dedicated to the DCIO platform marketplace.
The additions include:
Christopher G. Laucks, CFP®. Chris has been promoted to Senior Vice President, Director of Sales, Investment Only and Retirement Group. Before accepting this position, Chris served as Vice President, Director of Retirement and Annuity Markets. He will be responsible for national sales for the DCIO platform marketplace. Chris has more than 20 years of industry experience and joined Pioneer in 2002 from Allmerica Financial, where he was Vice President of Channel Management for Strategic Alliances. Previously, he also served as a Branch Manager at Raymond James Financial, and also held management positions at State Street Bank and Fidelity Investments. He has a B.A. and an M.B.A. from Boston College.
Kimberly Gannis. Kimberly has been named Vice President, Business Development Officer in the Investment Only and Retirement Group. Kimberly joins Pioneer from American Century Investments, where she was Vice President, National Accounts. Her responsibilities included overseeing key client accounts as well as working on new business growth. Prior to American Century Investments, Kimberly was Managing Director at PNC Bank with her primary focus on the middle market retirement business. Kimberly has a B.S. degree from the University of Pittsburgh.
Mary Powers. Mary has been named Vice President, Business Development Officer for the Business Development Group, Advisory Channel. Mary has over 24 years of experience in the financial services industry. She joins Pioneer after 19 years with John Hancock, where she held numerous positions, most recently National Account Manager for John Hancock Financial Services. She graduated from Arizona State University with a B.S. in Finance and received an M.B.A. from Northeastern University.
Jason C. Xanthakis. Jason has joined Pioneer as Portfolio Consultant in the Wealth Management team. He previously worked for Ameriprise Financial as a Senior Research Analyst specializing in platform placement. Prior to Ameriprise, Jason was a research analyst at Fidelity Employer Services Company analyzing mutual funds for 401(k) clients. He has a Bachelor’s in Economics from the University of Piraeus in Greece.
Kimberly Boucher. Kimberly has been promoted to Key Account Manager in the Wealth Management Channel. She joined Pioneer in 2005 and was previously a Regional Sales Specialist. Prior to joining Pioneer, she was a Financial Advisor and Advisor Coach at American Express Financial Advisors. She has a B.A. from Clark University.
Brandi Kinsman. Brandi has been promoted to Key Account Manager in the Business Development Group. Brandi was previously a Product Manager covering retirement and annuity products. She joined Pioneer in 2005 after working as Senior Product Marketing Specialist, Annuities, at Sun Life Financial. She has a B.A. and M.B.A. from Boston College.
John Mueller. John Mueller has been promoted to National Investment Only and Retirement Sales Specialist after having served as a Regional Sales Specialist. His new position focuses on sales of investment products through the Investment Only and Retirement Group. Prior to joining Pioneer, John was a Regional Marketing Associate with Putnam Investments. He has a B.A. from Boston College.
About Pioneer Investments
Pioneer Investments is the trade name for Pioneer Global Asset Management S.p.A. and its subsidiaries, a global investment firm with offices in 31 countries and approximately $260 billion in assets under management as of November 30, 2009, of which approximately $58 billion was managed in the U.S. Founded in 1928, its flagship mutual fund, Pioneer Fund, is the third-oldest mutual fund in the U.S. Pioneer Investment Management USA Inc. is the North American operating subsidiary of Pioneer Global Asset Management S.p.A., which is a wholly-owned subsidiary of UniCredit S.p.A. Pioneer Investment Management, Inc. is the firm’s U.S. investment advisory subsidiary, and Pioneer Funds Distributor, Inc. is the firm’s U.S. distribution subsidiary.
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