J.P. Morgan Asset Management bolstered its retirement business in announcing a pair of high-profile hires Monday, with Josh Forstater and Tina Anstett joining the firm in key leadership positions on the Retirement team.
Forstater will serve as Managing Director, Head of Everyday 401(k), a retirement plan service for small businesses and startups, where he will lead efforts to expand and scale the firm’s offering. In this newly created role, Forstater reports to Brant Wong, Head of Retirement Platform. Forstater joins from Vestwell, a leading workplace retirement and savings platform, where he was one of Vestwell’s first 10 employees and had roles successfully leading the firm’s Business Development and Workplace Sales & Distribution organizations.
“Josh’s expertise in leveraging technology and distribution will play an important role in expanding our Everyday 401(k) platform. With projections of 300,000 new retirement plans by 2030, primarily from small businesses, J.P. Morgan is committed to providing retirement solutions that meet the evolving needs of small business owners and advisors alike,” said Steve Rubino, Head of Retirement at J.P. Morgan Asset Management.
Tina Anstett joins as Executive Director, ERISA Strategist, bringing over 25 years of industry experience. In this role, she reports to Michael Conrath, Chief Retirement Strategist. She will lead the firm’s legislative and regulatory thought leadership program. This initiative will provide timely and educational content, further enhancing J.P. Morgan’s Retirement Insights platform. Previously, Anstett was with Smart USA Co., where she supported the design and delivery of ERISA fiduciary oversight services and provided regulatory guidance for their retirement plan technology development initiatives.
“Tina’s extensive experience with advisors, plan sponsors, and key industry stakeholders uniquely positions her to guide our clients through the regulatory and legislative complexities of the expanding defined contribution marketplace. Her insights will be invaluable in maintaining J.P. Morgan’s leadership in delivering timely and relevant information to our clients and partners as they navigate the evolving landscape to provide retirement solutions” said Conrath.
In a press release announcing the moves, the company said the two strategic hires reflect J.P. Morgan Asset Management’s dedication to providing innovative solutions and insights to support the evolving needs of retirement plan sponsors, advisors, consultants, and participants.
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