NEW YORK - Putnam Lovell Securities Inc. announced Monday that Dan Hanwacker has been appointed managing director in the firm's asset management investment banking group.

He was previously at Constellation Financial Management Co., a firm he helped found in 1994 that distributes financial services to investment managers.

Putnam Lovell hired Mr. Hanwacker to extend its coverage in the fund sector, a spokeswoman said. He will be responsible managing relationships with current and future mutual fund clients, she said.

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