TIAA, Capitalize Collaborate to Simplify Rollover Experience
TIAA Wealth Management, a division of TIAA, is partnering with Capitalize to offer a new digital rollover experience for self-directed IRAs at TIAA.
This new solution aims to help Americans find and consolidate left-behind retirement assets from former employers into TIAA IRAs with access to lifetime income products.
The rollover process leverages Capitalize’s Rollover API to help individuals locate former employer-sponsored retirement accounts and consolidate eligible assets into a TIAA IRA.
“Americans work hard to save for retirement, and their savings shouldn’t be harder to manage after a job change,” said David Nason, CEO of TIAA Wealth Management and Advice Solutions. “This partnership addresses a critical barrier in retirement planning: the friction that prevents people from consolidating and managing their savings. When we remove obstacles and simplify the process, we help millions of people keep more of their money working toward the retirement they deserve.”
“We’re proud to combine our innovative technology with TIAA’s trusted financial products to make it easier for people to consolidate their retirement accounts. Together, we’re helping Americans better save for retirement and maximize their assets on the way to a fulfilling and rewarding retirement,” said Gaurav Sharma, founder and CEO of Capitalize.
This partnership follows investment from TIAA Ventures, a strategic venture capital (VC) investment program operating within TIAA.
Nitrogen, Betterment Launch Partnership to Offer Personalized Advice
Nitrogen, an AI-powered advisor product suite, along with Betterment Advisor Solutions, are partnering to provide financial advisors with an automated custodial data integration.
The initiative allows advisors to sync client account data from Betterment directly into Nitrogen, with the aim of offering more personalized advice.
“We have entered an era where the advisors who win are those who are able to clearly demonstrate value in a meeting, whether that meeting is about table-stakes portfolio management or tax, retirement income, and legacy planning,” said Craig Clark, chief growth officer at Nitrogen. “With this integration, the RIA advisor can swivel their monitor around to share their advice, confident that the data is already there and accurate. This powers the analytics and visuals in Nitrogen, helping a client move from confusion to confident buy-in. We handle the heavy lifting in the background so the advisor can focus on the relationship.”
For advisors who opt in, Betterment will share custodial account and position data with Nitrogen on an ongoing basis, allowing advisors to link client accounts directly to the Nitrogen product suite, where they can apply the Risk Number® and guide conversations fueled by custodial updates.
“Our integration with Nitrogen helps advisors lead more confident client conversations by bringing portfolio data and risk insights together in one seamless experience,” said Alison Considine, director of Strategy & Operations at Betterment Advisor Solutions. “By combining Betterment’s tax-efficient tools with Nitrogen’s industry-leading risk analytics, advisors can turn complex portfolio information into personalized advice, without adding friction to their workflow.”
The integration is currently available at no incremental cost to all mutual Nitrogen and Betterment Advisor Solutions customers. Advisors can activate the feed by following the setup process within their Nitrogen dashboard.
AI-Powered Financial Planning Provider Names CMO
Quinn, an AI platform for fiduciary-grade financial planning and advice, has announced a continued expansion of its team and product capabilities as demand accelerates across banks, fintech platforms, publishers, and wealth management firms.
As part of this expansion, Quinn appointed Lindsay Davis as Chief Marketing Officer. Davis has held senior leadership roles at Tabapay and Atomic, where she led category positioning, organizational scale, and ecosystem partnerships.
Quinn was built to close the guidance gap by automating the creation and delivery of personalized, fiduciary-grade financial plans within institutional digital channels.
“The era of financial point solutions is over,” said Davis. “What consumers are demanding is an integrated financial truth that cuts through the noise. Quinn finally delivers it, making high-quality guidance near a universal right, not a privilege reserved for a few.”
In her role, Davis will oversee Quinn’s global marketing and go-to-market strategy as the company continues to expand its platform and customer base across the financial services industry.
Evolve Private Wealth Adds Managing Partner
Evolve Private Wealth, an independent wealth management firm serving high-net-worth and ultra-high-net-worth families, has added Brett Cohen as a managing partner.
Cohen joins Evolve from Morgan Stanley. With his addition, Los Angeles–based Evolve Private Wealth now manages more than $2.5 billion in assets and has grown to 22 employees.
Cohen will oversee the continued buildout and day-to-day leadership of the firm’s New York office, while also working alongside the other managing partners on the firm’s overall leadership and strategic direction.
“At this stage of my career, the question wasn’t just scale, it was structure,” Cohen said. “I wanted a firm that could support sophisticated families through liquidity events, multigenerational planning and complex tax considerations without being constrained by a legacy platform. Evolve has built that environment deliberately, and it was clear this was the right place for my clients and me for the long term.”
Cohen works primarily with private business owners and multigenerational families, providing comprehensive wealth management that spans investment strategy, tax planning, estate coordination and strategic business advisory.
Securian Financial Promotes Veteran Actuary to SVP
Securian Financial has promoted Kent Peterson to senior vice president for Institutional Retirement Solutions.
In this role, Peterson leads a business that, through products issued by Minnesota Life Insurance Company and Securian Life Insurance Company, delivers guaranteed income solutions for defined contribution retirement plans, stable value investments, guaranteed investment contracts and pension risk transfer solutions.
Peterson reports to Chris Hilger, Securian Financial’s chairman, president and CEO, and he joins the company’s executive leadership team.
“Kent’s deep expertise in retirement solutions, risk management and investment strategy, along with his long-standing commitment to our customers and our company, make him the right leader for this role,” said Hilger. “He has played a critical role in shaping our retirement strategy, and his leadership will help ensure we continue delivering innovative, trusted solutions that support financial security for plan sponsors and participants.”
Peterson joined Securian Financial in 1990 as an actuary and has built a career focused on retirement plan product development, risk management and investment-related fiduciary issues. He was promoted to second vice president in 2018 and to vice president in 2022.
He holds a bachelor’s degree in statistics from Montana State University in Bozeman, Montana. Peterson is a Fellow of the Society of Actuaries (FSA), a Chartered Financial Analyst (CFA), a member of the American Academy of Actuaries and an Accredited Investment Fiduciary.
Peterson serves on the board of the Minnesota Zoo Foundation and is a member of its finance committee. He also serves as executive sponsor for Securian Financial’s Mental Wellness and Disability associate resource group.
Suzette Huovinen, who led Securian’s Institutional Retirement Solutions business prior to Peterson, has been promoted to executive vice president for Enterprise Capital and Risk Management, reporting to Hilger. Huovinen is also president of Securian Asset Management.
Northern Trust Taps Asset Servicing Lead
Northern Trust has appointed Jessica Donohue as head of Asset Servicing, Americas. In her new role, Donohue will report to Clive Bellows, co-president of Northern Trust Asset Servicing.
Donohue joined Northern Trust in September 2025 as global head of product management for Asset Servicing. Before joining Northern Trust, she held senior leadership positions at State Street, including global head for the Asset Owner segment, head of the Global Clients division responsible for State Street’s most complex, global and strategic client relationships across the asset manager, asset owner, alternatives, insurance and official institutions segments, and head of Global Investment Insights, Sustainability, and Impact.
She also led teams focused on innovation, advisory and information solutions, as well as performance and analytics for institutional and asset manager clients.
“Jess Donohue brings exceptional industry expertise and proven leadership to this role, which will be invaluable for our Americas business,” said Bellows. “Her deep knowledge of asset servicing and the challenges facing both asset managers and asset owners will help us deliver an enhanced level of capability in the region.”
Additionally, Northern Trust announced that John Turney will succeed Donohue as head of Product Management for Asset Servicing and will also report to Clive Bellows. Turney will lead a global team of product executives delivering custody, administration, fiduciary, and data solutions for institutional clients. With more than 15 years at Northern Trust, Turney most recently served as global head of Total Portfolio Solutions, overseeing software and solutions for the entire investment life cycle.
“John Turney’s experience and vision will be instrumental as we continue to innovate our asset servicing capabilities,” said Bellows. “His leadership and deep understanding of our clients’ evolving needs position us to deliver best-in-class solutions for institutional investors around the world.”