American Express Financial Advisors, Minneapolis, is searching for a head of asset management-institutional distribution. Steve Roszell, senior vice president, institutional group, is holding that position until he retires in March. Interested candidates should contact Chief Investment Officer Ted Truscott, who stressed that the position is focused on marketing, not investment management. Mr. Truscott declined to name the executive recruiter conducting the search. He said if a suitable outside candidate is not found, the company may go with "an internal solution."
Also, AmEx is searching for a hedge fund analyst for its New York research team, Mr. Truscott said. He declined to give details on the position.