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Prudentiala?s Wealth Management Solutions names John Yackel as Director of Sales and Relationship Management

^{Published on 2011-06-20 09:35:36 - Market Wire}
 

NEWARK, N.J.--([ BUSINESS WIRE ])--Prudentiala™s Wealth Management Solutions has named John Yackel senior vice president and director of sales and relationship management. Yackel, a 20-year industry veteran who most recently worked for Fortigent LLC, is responsible for developing new relationships and leading the efforts to help existing client firms grow. Wealth Management Solutions, a business of Prudential Financial, Inc. (NYSE: PRU), helps financial institutions scale advice delivery and improve business performance.

"John brings a keen understanding of the need to meet increasingly complex demands on wealth managers for advice, transparency and risk management"

aJohn brings a keen understanding of the need to meet increasingly complex demands on wealth managers for advice, transparency and risk management,a said Kevin Osborn, head of Wealth Management Solutions. aWea™re privileged to work for some of the most influential financial institutions. With Johna™s leadership, we are well-positioned for tremendous growth as we seek to serve banks, trust companies, family offices, broker-dealers and other organizations as they strive to grow their businesses and improve service delivery to their affluent, high net worth and institutional clients.a

While at Fortigent, Yackel was responsible for driving business development, where he developed new relationships with institutions and advisors who serve ultra high net worth clients. He has specific expertise working with banks, trust companies, registered investment advisors and family offices. Earlier, he worked for SEI, where he held a variety of leadership roles in sales management, business development, marketing, relationship management and business strategy. Yackel has a bachelora™s degree in economics from Bucknell University.

Wealth Management Solutions provides services including investment platform technology, investment research consulting, and professional development designed to help wealth management organizations scale advice delivery encompassing both proprietary and non-proprietary investment management capabilities. The group offers a multi-currency investment platform that helps enable financial institutions to support growth, improve profitability and better manage risk. More information is available at [ http://www.managedaccounts.com ].

Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $859 billion of assets under management as of March 31, 2011, has operations in the United States, Asia, Europe, and Latin America. Prudentiala™s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services. In the U.S., Prudentiala™s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit [ http://www.news.prudential.com/ ].

Wealth Management Solutions is a division of Prudential Investments LLC, Newark N.J., a Prudential Financial company. Prudential Investments, Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.