401k Provider Symmetry Partners Hires Former Blackrock Exec

More 401(k) execs on the move.

More 401(k) execs on the move.

Asset management and 401(k) provider Symmetry Partners has hired former BlackRock director Timothy Baker, CFA, as director of product strategy. In his new role, Baker will be responsible for overseeing Symmetry’s product suite, with a focus on developing the firm’s factor-based ETF models.

According to the company, the new hire comes at a time of rapid growth for Symmetry. The expansion includes the hiring of 14 employees company-wide since January 2015–a 16 percent total increase. The firm recently unveiled its new headquarters in Glastonbury, Connecticut, which is set to hold up to 200 employees.

The firm has also expanded its relationships with both regional and national banks and added to its team of dedicated wholesalers to work exclusively with its banking partners. As part of his new role, Baker will help educate advisors and investors on these new initiatives, including the firm’s foray into alternatives.

While at BlackRock, Baker was responsible for the promotion of smart beta/factor investing in the United States across institutional and retail channels, as well as the promotion of the global equity product suite across all of the Americas for institutional and retail channels.

Symmetry announced additional hires, including:

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