Wealth management

Hartford Financial Services Group Inc. on Wednesday kicked off "Prepare to Live."

Mellon Financial Corp.'s private wealth management group plans to increase its sales force, its marketing, and its geographic reach, in order to double its assets under management in the next five years.

Nuveen Investments has revamped ETFConnect.com, which provides information on exchange-traded closed-end funds and index exchange-traded funds.

Guaranteed lifetime income and retirement security are among the top benefits to consumers of investing in a variable annuity within a tax-advantaged defined contribution plan or individual retirement account, a survey of financial advisers found.

VantisLife Insurance Co. plans to increase its assets and distribution by extending its reach with banks, particularly small and midsize ones.

Mellon Financial Corp. has created a unit in its private wealth management group to help increase sales and marketing and promoted Craig Sutherland to lead the unit as its vice chairman.

Dow Jones Indexes has unveiled three regional and country indexes that track the highest-yielding stocks in the Asia/Pacific region, Asia, and Japan.

The New York investment management firm Oak Hill Advisors LP has hired an executive from Goldman Sachs & Co. as a managing director.

MGIC Investment Corp., the top U.S. home mortgage insurer, said it gave information about reinsurance arrangements to Minnesota regulators last month in response to a subpoena.

Bank of America Corp.'s global wealth and investment management division announced Monday that it named Reed Murphy director of its consulting services group.

Arden Asset Management Inc., a fund of hedge funds manager, announced Monday that it named John D. Rogers a managing director.

PFPC Inc.’s agreement to provide investment processing and subaccounting services for ConnectYourCare’s health savings accounts will help meld the financial services and health-care silos that make up the accounts, according to Terry Hunter, ConnectYourCare’s chief executive officer.

W.P. Stewart & Co. Ltd., an asset manager based in Hamilton, Bermuda, announced Monday that John C. Russell will be its interim president and chief executive starting March 31.

Newton Capital Management Ltd. of London, an asset management arm of Mellon Financial Corp., announced Monday that it appointed Jon Ritz senior sales executive of its U.S. business.

Dreyfus Corp., Mellon Financial Corp.'s mutual fund arm, announced Monday that it hired Jon Baum as vice chairman of distribution.

Rydex Investments, a Rockville, Md., asset manager, announced Monday that it and Jefferson National Life Insurance Co. of Dallas will launch a pair of variable trust products with hedge fund strategies.

Evergreen Investments, an investment management subsidiary of Wachovia Corp., says it hopes to rebound from months of stagnant asset growth by broadening its products, distribution, and profile.

Fitch Ratings said Friday that it had assigned an A-plus rating to Sun Life Financial Inc.'s new issue of up to $603 million of senior unsecured debentures.