JP Morgan Asset Management has hired James Gearin as Chief Operating Officer of its Retirement Plan Services (RPS) business. Gearin will be based in Overland Park, KS, and will report to David Musto, CEO of JP Morgan RPS.
Gearin will be responsible for the overall strategic direction and execution of JP Morgan RPS business operations, including oversight of operations and technology programs and initiatives, project management, and business management.
"With more than 25 years of experience working across many facets of the retirement and financial services industry, Jim brings an exceptional track record and skill set that will enhance our business," says David Musto, CEO of JP Morgan RPS. "Our clients expect the finest record-keeping and administration solutions for their plans and participants, and our reputation is built on the high-quality execution of these programs and services."
Gearin joins JP Morgan Asset Management from the consulting group Knowledgent, where he most recently led its Retirement practice. Between 1983 and 2008, Gearin worked in the Retirement and Benefits Outsourcing business at Fidelity Investments where he measurably increased service excellence, operational efficiency and business growth through his leadership of a variety of business functions, including financial operations, client services, integrated product development, and business development strategy.
JP Morgan’s firm-wide retirement capabilities serve the needs of institutions, plan sponsors, and individual investors. Retirement Plan Services provides bundled defined contribution services to 1.6 million plan-level participants, re
presenting nearly USD125 billion in retirement plan assets as of June 30, 2011. JP Morgan is dedicated across its lines of business to providing world-class investment solutions and services to help individuals optimise their retirement outcomes.