Tech-enabled brokerage Newfront has introduced the appointment of Wealthy Schainker (pictured above) to its retirement services team. Schainker has greater than 30 years of trade expertise.
“Wealthy is well-known within the trade as a real knowledgeable in our discipline,” stated Chris Name, president of retirement services at Newfront. “I’m thrilled to welcome him to our gifted group and proceed establishing a dynamic method to fiduciary oversight.”
Schainker joins Newfront from Financial institution of America, the place he served as director of worker advantages. Previous to that, he served as senior regional vice chairman for retirement plans at Invesco. He has additionally held management roles at John Hancock, Principal Monetary Group and T. Rowe Value.
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Schainker will likely be based mostly in San Francisco and serve shoppers throughout the nation.
“I’m desirous to proceed blazing the path the team has embarked upon to assist sound fiduciary stewardship whereas placing staff heading in the right direction for a profitable retirement,” he stated. “In very quick order, I’ve come to be taught that the key sauce behind the success of Newfront is the tradition they’ve created.”