To focus on sales and growth for DCIO market
SPRINGFIELD, Mass., Oct. 24, 2017 – Massachusetts Mutual Life Insurance Co. (MassMutual) has appointed Jonathan Matta as Regional Managing Director for the Midwest, responsible for sales and growth of the MassMutual Funds in the defined contribution investment only (DCIO) marketplace.
“Jon, with more than 20 years of experience in mutual funds and other investment products, is a seasoned investment sales professional who will be an asset to financial advisors and plan sponsors,” said Aruna Hobbs, Head of Institutional Investments. “We are continuing to build our team to support the momentum the MassMutual Funds have enjoyed in the DCIO marketplace.”
Matta’s appointment brings MassMutual’s DCIO sales and support team to 10 members. The DCIO team partners with MassMutual’s 80 managing directors who support sales of bundled retirement plans.
The award-winning MassMutual Funds offer a multi-manager approach to fund investing. Managers are acknowledged experts in their investment styles, Hobbs said, which allows the fund family to offer unique products and manager combinations that may be unavailable elsewhere.
The family of 51 funds includes the Premier and Select funds, and the RetireSMARTSM family of target-date funds.
“We have deep conviction on our fund strategies and are not surprised to see increasing interest in our offerings as part of the investment solution for those saving for retirement,” Hobbs said.
Before joining MassMutual, Matta was a Sales Director for Janus Capital Group for more than 10 years, responsible for sales and business development. He served on the Janus Wholesaler Advisory Council. He earned a bachelor’s degree from Ohio University.
MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners. MassMutual offers a wide range of financial products and services, including life insurance, disability income insurance, long term care insurance, annuities, retirement plans and other employee benefits. For more information, visit www.massmutual.com.