Wealth management

SBLI USA Mutual Life Insurance Co. Inc. of New York has appointed June Rokoff, a high-technology management coach, to its corporate advisory board.

Standard Insurance Co. of Portland, Ore., is offering a package of services for pension consulting firms, third-party administrators, and other providers of retirement plan services to offer to employers.

Bank of New York is buying the execution and commission management assets of Wilshire Associates Inc., a Santa Monica, Calif., investment management and consulting firm.

For the first time, an outside director is now the chairman of Hartford Mutual Funds.

Northern Trust Corp. has expanded its personal financial services segment and is exploring opportunities to open more branches in the Northeast and to make acquisitions there.

HSA Bank, the trade name for the health savings accounts operation of Wisconsin's State Bank of Howards Grove, announced Monday that it will be the health savings account trustee for high-deductible health plans to be offered by Mutual of Omaha Insurance Co.

Bank of New York Co.'s investment management arm announced Monday that it had formed a consultant relations team.

MyVest Corp. is trying to interest banks and other financial services companies in an automated wealth management service designed to bolster their private client divisions.

Northern Trust Global Advisors Inc. has named Heidi J. Levin the vice president of its private equity group.

Pioneer Investment Management USA Inc. is buying a minority ownership in Oak Ridge Investments LLC.

Joseph Gilmour, the executive vice president and the chief financial officer of New York Life International, will succeed Gary Benanav as its chief executive officer March 1.

MetLife Retirement and Savings has launched a fixed deferred-income annuity that protects near-retirement employees and retirees against longevity risk.

David Kuhn has joined Balboa Insurance Group Inc., the Irvine, Calif., insurance subsidiary of Countrywide Financial Corp., as the executive vice president of agency and business insurance operations.

New York Life Investment Management is increasing its marketing efforts, launching new products, and hiring staff to increase distribution while competitors, wary of scandals and market conditions, remain on the sidelines.

Genworth Financial Inc. announced two appointments Thursday in its retirement income and investments business.

Assets held in hedge funds rose slightly in August, according to monthly data released Wednesday.

Massachusetts Mutual Life Insurance Co. has introduced a fixed deferred annuity that offers a higher rate than its predecessor and flexible income features for conservative investors.