People

The Federal Reserve Board has named Patrick M. Parkinson, 57, director of the Division of Banking Supervision and Regulation. He will be responsible for providing banking supervision and regulation and will represent the board on domestic interagency policy and coordination committees. Previously, Mr. Parkinson was deputy director of the board's Division of Research and Statistics, where he provided oversight on the division's microfinancial functions. The Securities and Exchange Commission has hired Adam Storch, 29, as managing executive of its Division of Enforcement. He will be responsible for project management and work flow for the division's infrastructure and operational aspects. In addition, Mr. Storch will oversee the collection and distribution of fair funds to harmed investors and will supervise the Office of Market Intelligence. Previously, he was a vice president in the business intelligence group at The Goldman Sachs Group Inc. Deloitte Financial Advisory Services LLP has hired Jonathan Ball, 49, as a director responsible for leading the firm's reorganization services group in the North Central region. Previously, he was a corporate adviser to Daifuku Company Ltd. in Japan, where he assisted the company and its global subsidiaries in developing and implementing strategies to achieve corporate growth objectives. kasina LLC has hired Bryan Kozlowski, 34, as a senior managing consultant responsible for working with clients on the development of distribution and e-business strategies, as well as helping to advance the firm's industry research. Previously, he was an associate director at Casey Quirk & Associates LLC, where he was responsible for solving marketing, investment platform and business strategy issues with senior asset management executives. Mr. Kozlowski also oversaw financial modeling for business plans, ventures and transactions. Invest Financial Corp. has hired Steven H. Dowden, 48, as president and chief executive. He will replace Lynn Niedermeier, who retired in July. Mr. Dowden will be responsible for building the company's network of financial institutions and independent offices, working with the other firms in the National Planning Holdings Inc. broker-dealer network, and leading Invest's long-term strategic direction. Previously, he served as a senior vice president of distribution, and president and chief executive of CUNA Brokerage Services Inc. There, he was responsible for all sales within the asset accumulation division. SunAmerica Inc. has named Stephen Maginn, 57, chief distribution officer in addition to his current position as executive vice president and senior managing director of sales for the company's retirement markets. He will now oversee the wholesaling and national account management resources of SunAmerica Retirement Markets and SunAmerica Asset Management's mutual fund business. Commonwealth Asset Management Inc. has hired Henley Smith, 53, as president and chief investment officer, responsible for offering fixed-income products and wealth management strategies for family offices, business owners and institutions. Previously, Mr. Smith was chief investment officer at Castleton Partners LLC, where he was responsible for managing the firm's taxable-fixed-income portfolios. Krusen Capital Management LLC has hired Florian Weber, 32, as a director who will be responsible for manager research and consultant relations. Previously, he was a director in global asset management at UBS Financial Services Inc., where he acted as a client portfolio manager for the international-growth team. McGee Financial Strategies Inc. has hired Joan Lintz, 56, as a registered assistant to assist with new client interviews, client portfolio reviews, financial planning, marketing and client events. Previously, she worked as a registered assistant at Advanced Wealth Management Group, where she also held client-related as well as financial planning and marketing responsibilities. Brewer Investment Group LLC has hired Mark Olson as president and John Wallin as senior vice president of national sales. Mr. Olson, 61, will work with chief executive Steve Brewer on executing the company's growth strategy and finding new ways to market its wealth management products and services. Previously, Mr. Olson was co-national sales director and chief operating officer at Allstate Financial Services LLC, where he oversaw the financial services sales activities of thousands of producers and managed the company's daily broker-dealer operation. Mr. Wallin, 60, will be responsible for all aspects of sales across Brewer Investment Group's six divisions. He will manage short- and long-term strategies, develop and integrate new account acquisitions and distribution channels, and identify profitable relationships. Previously, he was president of GWG Life Settlements LLC, where he was responsible for building national distribution, marketing and sales. Ron Surz, 64, has founded Target Date Solutions as a division of his consulting firm PPCA Inc. Mr. Surz will advise and manage target date funds, known as “to” funds, which end at the target date. Previously, he was co-founder and principal of Target Date Analytics LLC, where he designed and developed the Plansponsor On-Target Indexes for target date investing.