JOHN BRETT TO HEAD METLIFE BROKER DEALER
NEW YORK, August 08, 2007
MetLife announced today that John J. Brett joined the company to lead sales and investment product management for the MetLife Broker Dealer group, a unit at MetLife that serves the company’s 13,000 registered representatives in its affiliated broker-dealers.
"John has an excellent reputation within the industry and his expertise in financial services distribution will be valuable to MetLife Broker Dealer," said Lisa M. Weber, president, MetLife Individual Business. "His knowledge and leadership will be instrumental as we continue to build a securities platform that supports the diverse needs of all of our advisors’ clients."
"Our broker-dealer team plays a critical role in attracting and retaining top advisors," added Michael K. Farrell, executive vice president, Independent Distribution Group. "In the last three years, we have made tremendous progress increasing the ease of doing business and enhancing our investment product lineup. John and his team will continue that momentum."
Before joining MetLife, Brett headed U.S. Private Client Distribution for BlackRock, where he was responsible for National Accounts and drove the integration of Merrill Lynch investment managers and legacy BlackRock into the retail broker-dealer client base. Prior to that, he served as the Director of Strategic Relationships and Director of Strategic Advisory Group for Lord Abbett, and held a number of key distribution roles at Merrill Lynch, where he began his career in 1980.
MetLife Broker Dealer consists of more than 13,000 registered representatives affiliated with MetLife’s NASD-registered broker-dealers who sell MetLife products through five distribution channels, including MetLife; MetLife Resources; New England Financial; Walnut Street Securities; and Tower Square Securities.
MetLife is a subsidiary of MetLife, Inc. (NYSE: MET), a leading provider of insurance and financial services with operations throughout the United States and the Latin America, Europe and Asia Pacific regions. Through its domestic and international subsidiaries and affiliates, MetLife, Inc. reaches more than 70 million clients around the world and MetLife is the largest life insurer in the United States (based on life insurance in-force). The MetLife companies offer life insurance, annuities, auto and home insurance, retail banking and other financial services to individuals, as well as group insurance, reinsurance and retirement & savings products and services to corporations and other institutions. For more information, please visit www.metlife.com.