Jackson Appoints Former NPH CEO as President of Advisory Solutions
Jackson National Life Insurance Company has appointed Scott Romine as president of advisory solutions for Jackson National Life Distributors LLC, the marketing and distribution arm of Jackson.
Jackson National Life Insurance Company has appointed Scott Romine as president of advisory solutions for Jackson National Life Distributors LLC, the marketing and distribution arm of Jackson.
Romine is responsible for building Jackson’s advisory business across the country, and will be based in the company’s Franklin, Tennessee office.
Romine returns to Jackson National Life Distributors after serving as the president and chief executive officer of National Planning Holdings Inc., Jackson’s affiliated independent broker-dealer network that was sold to LPL Financial in August 2017 for an initial price of $325 million.
Prior to leading NPH, he held various sales leadership positions at Jackson National Life Distributors since joining the firm in 1997, most recently serving as president from January 2015 to July 2016. Romine began his career in financial services as a retail investment advisor at Dean Witter Reynolds and holds FINRA Series 7, 24, 63, and 66 registrations.
“Scott has a significant amount of experience leading two parts of our distribution business — the broker-dealer industry and our sales organization — making him the perfect visionary to drive our advisory efforts,” said Greg Cicotte, executive vice president and chief distribution officer for Jackson.
He added, “We are excited to have him back at JNLD and are confident his skillset and institutional knowledge are exactly what we need to build this new initiative and help our partners adapt to our evolving industry.”
Romine oversees several departments including the national sales desk, national accounts, advisory sales strategy, advisory resource group, and trust/RIA teams.
The company recently named Greg Masucci as senior vice president of national accounts for Jackson National Life Distributors. In this role, he will oversee the national accounts team, which serves as the liaison for the firm’s distribution partners. Masucci joins the firm from J.P. Morgan Asset Management, where he most recently served as executive director of global strategic relationships.
Another addition to Romine’s advisory team is Tim Munsie, who recently joined the company as senior vice president of the advisory resource group. He joins the company from NPH where he oversaw the broker-dealer network’s advisory and platform strategy. His group will function as the conduit between Jackson’s products and third-party fintech providers and platforms, particularly those related to the firm’s advisory initiatives.
Jackson is a provider of retirement products for industry professionals and their clients. The company has $264.4 billion in assets and offers variable, fixed and fixed index annuities for retail customers, and fixed income products for institutional investors. Jackson subsidiaries and affiliates provide specialized asset management and retail brokerage services.
