By Alex Ortolani, PlanSponsor 

Verity’s Al Otto Named Vice Chairman for the Center for Board Certified FiduciariesVerity Asset Management announced that the Center for Board Certified Fiduciaries appointed Al Otto Verity’s national director of plan governance solutions, as Vice Chairman of the CBCF.Otto leads Vynntana, Verity’s plan governance platform that provides guidance and a suite of tools supporting 403(b) and 457(b) employer sponsors and the non-ERISA retirement plans they provide for their eligible K-14 public school, college, church, governmental agency and nonprofit employees, the Durham, North Carolina-based Verity said in a press release.Otto joined Verity in 2018 and is a 20-year veteran of the retirement advisory and employer-sponsored plans industry, which includes experience founding several successful advisory and fiduciary-related businesses, the release said.

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He is also a published author and speaker on issues pertaining to tax-exempt retirement plan management, fiduciary governance and other related areas.

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Halbert Hargrove Names Brian Spinelli Co-CIO

Halbert Hargrove, a fiduciary investment management and wealth advisory firm, promoted a senior wealth advisor and the chair of its investment committee, Brian Spinelli, to co-CIO.

Spinelli joined Halbert Hargrove in 2006 and became part of the management team in 2012, the Long Beach, California-based advisory said in a press release. Spinelli’s role involved overseeing a range of investment responsibilities and wealth advisory services, the firm said.

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As co-CIO, Spinelli will be responsible for the oversight and management of Halbert Hargrove’s investments and investment committee, as well as providing the general parameters for investment advice provided to the firm’s clients.

Halbert Hargrove’s announcement noted that it also promoted Tim Kohler to director of research and trading operations, David Koch to director of portfolio management and Taylor Sutherland to director of portfolio strategy.

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