The Money Management Institute (MMI) has announced the election of its new Officers and the appointment of its Executive Committee Members.  

The following elections took effect on May 1, 2026:

• Chair – Jim Devaney, Head of U.S. Distribution, PGIM
• Chair-Elect – Brad Jung, Head of North America, Advisor and Intermediary Solutions, Russell Investments
• Treasurer – Kyle Thompson, Senior Vice President, Strategic Relationships Manager, Voya Investment Management
• Secretary – Annie Brown, Co-Head, Wealth Management, U.S. Intermediaries, T. Rowe Price
• Chair Emeritus – Brendan Clark, CEO, Clark Capital Management Group

As Jim Devaney assumes the role of Chair, the MMI Board extends its warm thank you to Chair Emeritus, Brendan Clark, CEO, Clark Capital Management Group, and Outgoing Chair Emeritus, Anne Steer, Head of Distribution at Congress Asset Management – for their continuing leadership, insights, and engagement in furthering MMI’s core mission.

“Assuming the role of Chair of the MMI Board of Governors is a privilege, and I’m honored to help advance the organization’s mission at such a pivotal time in our industry,” Mr. Devaney said. “I look forward to working closely with the MMI Board, Executive Committee, and our members to drive meaningful progress and deliver value across the communities we serve."

The Board also extends its gratitude to Scott Kilgallen, Managing Director, Head of NA Intermediary, Neuberger Berman, and John McDonough, Head of Americas Distribution, Invesco, as their Executive Committee terms come to a close.

The Officers, along with MMI President and CEO Craig Pfeiffer, welcome Executive Committee members:

New

• Tim Kresl, Managing Principal, Head of U.S. Client Success, Broadridge,
• Jay Link, Managing Director, Head of Fiduciary Programs and Platforms, Bank of America Merrill Lynch, and
• Cheryl Nash, President, APL, InvestCloud.

Continuing

• David Giffen, Managing Director, UBS,
• Brian Schappert, SVP, Head of U.S. Intermediary Distribution, American Century, and
• Mike Serchen, SVP, Director of Managed Accounts, Anchor Capital.

“MMI is proud to recognize the continued leadership of our Board as members step into new roles to help guide our strategic direction at an important time for the organization,” said Mr. Pfeiffer. “As we formally recognize our Officers and Executive Committee Members in their new capacities, I want to thank each of them for their ongoing commitment to MMI’s mission. Their leadership continues to shape our progress and impact, and we were pleased to recognize the full Board at our annual Board Retreat this week.” 

About the Money Management Institute (MMI):

Established in 1997, the Money Management Institute (MMI) is the industry association for financial services firms, serving as the leading catalyst and resource for the advancement of investment advice. MMI advances the wealth and asset management industries through connections, knowledge, and professional growth. We are committed to fostering collaboration, supporting diversity of thought, sharing expertise, and driving innovation. By championing best practices and encouraging open dialogue in investment advice, we empower firms and professionals to better serve clients and investors in an ever-evolving world. We offer our members premier professional development programs, specialized curriculums, invaluable thought leadership, and dynamic peer-to-peer networks.        

Our membership spans wealth managers, asset managers, and solutions providers of all sizes, with professionals representing every functional area of the financial services ecosystem. Together, we are shaping the future of investment advice. Follow MMI on LinkedIn.

Media Contact:

Josephine Orsini
First Vice President
Director of Marketing Communications
Money Management Institute
646.868.8504
jorsini@mminst.org