Diversified Investment Advisors Adds SVP for Retirement Services
PURCHASE, NY, December 8, 2006 -- Ed Ryan, CFA, a recognized leader in the retirement services industry, has joined Diversified Investment Advisors, Inc., as senior vice president for Total Retirement Services. Ryan will lead Diversified's growth in total retirement outsourcing (TRO) services and head up its Newton, MA, defined benefit operations. Diversified is a national investment advisory firm specializing in retirement plans.
Ryan joins Diversified from MassMutual where he spent the last 30 years. Most recently he served as senior vice president of operations, based out of its Springfield, MA office. Ryan also was senior vice president of sales from 2002 to 2005 and was responsible for record sales during this period. Ryan joined MassMutual in 1976 as vice president of marketing.
Ryan is on the Board of Directors and a founding member of the Society of Professional Administrators and Recordkeepers (SPARK). He has a bachelor's degree in mathematics from Boston College and an MBA from Suffolk University.
"Ed brings exceptional credentials and industry tenure to Diversified. He will play a central role in our expansion of total retirement outsourcing capabilities and services, an area where we have already enjoyed considerable success," said Diversified President and Chief Operating Officer Peter Kunkel. "The Pension Protection Act and shifting trends in defined benefit plans present tremendous opportunities for continued growth. Ed's previous success in guiding and directing operations, as well as his progressive vision of quality service delivery will be instrumental to our plan to further develop our state of the art TRO capabilities. We are thrilled that Ed has joined our organization and we look forward to his leadership."
According to Dorann Cafaro, president of The Cafaro Group LLC, a member firm of National Retirement Partners, located in Little Silver, New Jersey, "Ed is highly regarded within the retirement planning industry both for his extensive knowledge and professionalism. He will serve Diversified's growing client base of mid- and large-sized organizations well and is an outstanding addition to the Diversified team."
About Diversified Investment Advisors
Diversified Investment Advisors, Inc. is a national investment advisory firm specializing in retirement plans. The company's expertise covers the entire spectrum of defined benefit and defined contribution plans, including: 401(k) and 403(b) (Traditional and Roth); 457; non-qualified deferred compensation; profit sharing; money purchase; cash balance and Taft-Hartley plans; and rollover and Roth IRA. Diversified helps more than 1.4 million participants save and invest wisely to and through retirement.
###
Click here for more material dealing with current trends, opinion, news, legislative action, investments, marketing, sales, consulting, and legal issues on 401k plans.
This is a press release provided by the company or its representatives. 401khelpcenter.com, LLC is not the author of this release and is not associated or affiliated with any firm or organization mentioned unless otherwise noted. Use of any information obtained from this release is voluntary, and reliance on it should only be undertaken after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by 401khelpcenter.com, LLC.
