J.P. Morgan adds ERISA Strategist Daniel Notto to Retirement Solutions Group, Bolsters Focus on Legislative and Regulatory Issues Impacting Defined Contribution Plans

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Feb 09, 2016, 09:30 ET

NEW YORK, Feb. 9, 2016 /PRNewswire/ -- J.P. Morgan Asset Management today announced the addition of Daniel Notto, managing director and ERISA strategist, to its Retirement Solutions group. In this role, Mr. Notto will work to strengthen the firm's focus on current legislative and regulatory changes, help inform product strategy and provide timely updates to plan sponsors and financial advisors on policies that could impact defined contribution (DC) plans. He will report to Anne Lester, managing director, portfolio manager and head of Retirement Solutions, in the firm's New York headquarters.

"From newly enacted laws to pending proposals, reforms and litigation, the legislative and regulatory landscape is continually evolving at a rapid pace. Now more than ever it's critical for DC plans to stay current on policy changes and understand their fiduciary responsibilities," said Lester. "As we work to address this growing and very specific need, we're pleased to welcome to Dan to the team. With more than 30 years of experience, his expertise will help drive our DC business strategy and product development process, and he will play a key role in simplifying complex ERISA requirements for the plan sponsors and financial advisors we work with through white papers, bulletins, webcasts and in-person meetings."

Before joining J.P. Morgan, Mr. Notto served as senior retirement plan counsel at AllianceBernstein and general counsel and consulting practice director at Universal Pensions (now Ascensus). He also worked in the legal department of Investors Diversified Services (now Ameriprise Financial). Mr. Notto holds a BS from the University of Minnesota and a JD, cum laude, from William Mitchell College of Law. He has received the Certified Pension Consultant (CPC) designation from the American Society of Pension Professionals & Actuaries (ASPPA) and is a member of the bar of New York State.

J.P. Morgan Asset Management, is a leading provider of comprehensive retirement solutions and is dedicated to improving individual retirement outcomes. The firm has defined contribution assets under management of nearly $151.8B as of December 31, 2015. To learn more about J.P. Morgan Asset Management's leading DC investment strategies, product innovations and resources for advisors and plan sponsors, please click here.

About J.P. Morgan Asset Management

J.P. Morgan Asset Management, with assets under management of $1.7 trillion, is a global leader in investment management. J.P. Morgan Asset Management's clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. JPMorgan Chase & Co. (NYSE: JPM), the parent company of J.P. Morgan Asset Management, is a leading global asset management firm with assets of approximately $2.4 trillion and operations in more than 60 countries. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. and its affiliates worldwide.

SOURCE J.P. Morgan Asset Management