PARSIPPANY, N.J. – NYLIM Retirement Plan Services, a division of New York Life Investment Management LLC (NYLIM), today announced that it has more than doubled the size of its sales force in the financial advisor channel, hiring four new regional sales directors.  This growth is part of NYLIM Retirement Plan Services’ continuing push to sell its retirement products through financial advisors.  

  The new regional sales directors are: Amy Glynn in the Northeast region, Sean Kelley in the West region, Kurt Mihelich in the Midwest region and Duane Watson in the Central region.  These sales professionals join Tony Leonard, who covers the Southeast, and Scott Zeleznik, who oversees the MidAtlantic states.  All of these sales directors report to Mark Strazzeri, NYLIM Retirement Plan Services’ national sales manager for the financial advisor channel. 

“The addition of this incredible team of sales professionals is our latest step in making the financial advisor channel our foremost mode of transacting business,” said Strazzeri.  “Each of them brings many years of financial sales experience to his or her new role and we are thrilled that they’ve joined our team.”

Amy Glynn joins NYLIM from Sapers & Wallack Advisors, where she had been a managing director.  In 1999, she founded the Women's Executive Network (WEN), the first Web-enhanced job placement and career management company for women.  She has also held sales management positions earlier in her career with Salomon Smith Barney/Citigroup, MFS Investor Services and Prudential Securities. 

Sean Kelley comes to NYLIM from Fidelity Investments Institutional Services Company Inc., where he had been a vice president.   Mr. Kelley joined Fidelity from AIM Investment Management Group, a part of AMVESCAP, PLC, where he managed retirement plan sales for Southern California and Nevada.  Prior to AIM, he was with John Hancock Funds, where he guided the retirement sales efforts for the Southwest Region.

Kurt Mihelich joins NYLIM from RW Baird & Company, where he had been a first vice president responsible for selling corporate and executive financial services to Fortune 500 companies.   Mr. Mihelich began his financial services career with Baird in the mid-1990s as a financial advisor and prior to that was co-owner of a mineral processing company.

Duane Watson comes to NYLIM from Citistreet/Smith Barney where he served as national sales director and divisional sales manager.  Before that, he had been a regional sales director with Salomon Smith Barney in Dallas, Texas, and had his own financial services sales firm, Watson & Associates, in the early 1990s.  He began his career with American United Life in Dallas. 

About NYLIM Retirement Plan Services

NYLIM Retirement Plan Services oversees more than 1,500 comprehensive defined contribution, defined benefit and deferred compensation plans as of December 31, 2002.  With offices in Norwood, Massachusetts, and Parsippany, New Jersey, NYLIM Retirement Plan Services administers retirement programs for small, medium and large companies, unions, and individuals throughout the United States, and is widely recognized for its leadership in bundled defined contribution and bundled defined benefit plans.

With more than $155 billion in assets under management as of December 31, 2002, New York Life Investment Management LLC and its affiliates provide investment management and related services to a wide range of individual, corporate, public, and Taft-Hartley clients.  NYLIM offers institutional asset management, retail investments, retirement plan services, guaranteed products, real estate investments, and alternative investments.