KANSAS CITY, Mo., June 26, 2014 /PRNewswire/ -- Pam Popp will join Lockton as President of its Retirement Services operation effective Sept. 2, based in Kansas City, Mo. Popp is a longtime retirement plan executive with experience both at CAPTRUST and as CEO of J.P. Morgan Retirement Plan Services.
"Adding Pam to our team is part of our commitment to our clients' growing needs in retirement services," said John L. Lumelleau, President and CEO of Lockton, Inc., the world's largest privately held insurance broker. "Pam is a widely respected retirement plan expert and advisor who will support the continued growth of Lockton Retirement Services."
Popp will be named President of Lockton Financial Advisors, LLC, a registered broker-dealer, and Lockton Investment Advisors, a federally registered investment advisor.
Lockton provides employers and plan sponsors with guidance to optimize their qualified retirement plans, comply with a myriad of regulations, and analyze investment options. Lockton also consults with clients on non-qualified plans and executive benefit programs.
Lockton has grown its retirement services business rapidly, from $12 billion in assets under advisement in 2011 to $32 billion today, serving 940 retirement plans in the U.S.
"Retirement plan sponsors face complex, specialized challenges in a highly regulated environment," said Popp. "I look forward to working with Lockton's clients to mitigate risks for sponsors and identify opportunities to help participants achieve their retirement goals."
Popp has more than 25 years of experience in the retirement plan industry, most recently as an institutional retirement advisor with CAPTRUST. She served more than 15 years at J.P. Morgan Chase as J.P. Morgan Retirement Plan Services CEO and as a Managing Director. She is also active in Kansas City civic and community affairs serving on the boards of the Overland Park Chamber of Commerce and Johnson County Community College Foundation, and has previously been a member of the Nelson-Atkins Business Council Steering Committee. Popp holds an undergraduate degree from the University of Indiana in finance and an MBA from the Kellogg School of Management at Northwestern University.
More than 5,000 professionals at Lockton provide 35,000 clients around the world with risk management, insurance, and employee benefits consulting services that improve their businesses. From its founding in 1966 in Kansas City, Missouri, Lockton has attracted entrepreneurial professionals who have driven its growth to become the largest privately held insurance broker in the world and 9th largest overall. Independent researcher Greenwich Associates has awarded Lockton its Service Excellence Award for risk management for large companies. For five consecutive years, Business Insurance has recognized Lockton as a "Best Place to Work in Insurance." To see the latest insights from Lockton's experts, check Lockton Market Update.
Securities offered through Lockton Financial Advisors, LLC a registered broker-dealer, member FINRA, SIPC. Investment advisory services offered through Lockton Investment Advisors, LLC, a federally registered investment adviser. For California, Lockton Financial Advisors, LLC, d.b.a. Lockton Insurance Services, LLC, license number 0G13569. Securities and investment advisory services may also be offered through representatives of NFP Securities, Inc. (NFPSI) a broker-dealer, member FINRA, SIPC and federally registered investment adviser. Not all members affiliated with Lockton offer securities or investment advisory services. Lockton Insurance Agency, Inc. is the parent company of LFA and LIA. Lockton Insurance Agency, Inc. and its subsidiaries are not affiliated with NFPSI.