WINDSOR, Conn., Oct. 24, 2013 /PRNewswire/ -- ING U.S. announced today that it has hired Thomas Halloran as president of its registered broker-dealer, ING Financial Partners (IFP). The IFP broker-dealer, part of ING U.S.'s family of companies, offers retail financial products, services and support to clients through a network of over 2,400 affiliated representatives across the country. These offerings include education, financial planning and a broad range of personalized asset accumulation, protection and distribution solutions to help advance the retirement readiness and financial security needs of Americans.
In his role, Halloran will be responsible for the overall management, strategy and growth of IFP, which is currently a top ten broker-dealer in the United States in terms of total licensed representatives. Halloran will be based in ING U.S.'s Braintree, Mass. office and report to Rich Linton, president of Individual Markets for ING U.S. Retirement Solutions. Halloran's position is effective November 18, 2013.
Halloran replaces Karl Lindberg, who will take on a new role developing and overseeing IFP's evolving advisory practice, infrastructure and service model in support of its growing number of registered representatives that offer planning and advice to their clients. Lindberg will also manage the program roll-out and ongoing service delivery to IFP advisors participating in retirement readiness engagements with ING U.S.'s plan sponsor clients and their participants, an important focus of the company.
An industry veteran, Halloran comes to ING U.S. with 25 years working with financial advisors in various marketing and sales leadership roles. Halloran most recently served as managing director at Bank of America Merrill Lynch, where he developed advisory solutions for the mass affluent customer segment. Previously, Halloran held positions of increasing responsibility at Putnam Investments.
"Throughout his career, Tom has been a consistent catalyst for growth, delivering innovative solutions that meet the needs of the advisors he served. His experience as a collaborative and results-oriented leader will help further define IFP as a prominent provider of advice and planning services," noted Linton. "We're thrilled Tom is joining at this pivotal point in our journey to being America's Retirement Company. Karl has provided a solid foundation to build upon, and he will now turn his attention to creating a sustainable and effective service model for advisory-focused IFP reps to deliver advice to their clients."
Halloran received a B.S in business administration from Worcester State College in Worcester, Mass. and an M.B.A. from Boston University. He holds FINRA Series 6, 7, 24, 26, 51, 63 and 65 licenses.
"As the need for holistic financial planning and guidance continues to grow, we know that many advisors must shift from a product-centric client approach to one centered on building relationships," said Halloran. "From retirement income training and practice management resources, to a new industry leading advisory platform and personal finance aggregation tools, IFP is making important investments to support the needs of its representatives and the clients they serve. I'm excited to be part of an organization that values its broker-dealer as an asset to help solve the retirement readiness challenge this country faces."
As an industry leader and advocate for greater retirement readiness, ING U.S. is committed to the mission of making a secure financial future possible — one person, one family, one institution at a time.
About ING U.S.
ING U.S. (NYSE: VOYA), which plans to rebrand in the future as Voya Financial, is a premier retirement, investment and insurance company serving the financial needs of approximately 13 million individual and institutional customers in the United States. The company's vision is to be America's Retirement Company and its guiding principle is centered on solving the most daunting financial challenge facing Americans today — retirement readiness. Working directly with clients and through a broad group of financial intermediaries, independent producers, affiliated advisors and dedicated sales specialists, ING U.S. provides a comprehensive portfolio of asset accumulation, asset protection and asset distribution products and services. With a dedicated workforce of approximately 7,000 employees, ING U.S. is grounded in a clear mission to make a secure financial future possible — one person, one family and one institution at a time. For more information, visit http://ing.us.
Securities and investment advisory services offered through ING Financial Partners, member SIPC.
SOURCE ING U.S.