First Mercantile Adds Douglas Hajjar to National Sales Team

MEMPHIS, Tenn., May 13 /PRNewswire/ -- Douglas Hajjar has joined First Mercantile's sales team effective April 12, 2010 as Regional Sales Director for its new Rocky Mountains region.

"Doug brings high enthusiasm and a solid foundation of retirement plan experience to us," says Stan Label, Vice President of Sales and Distribution for First Mercantile, to whom Hajjar reports.  "He has proved himself as a consistent retirement plan sales leader in the past.  His sales skills and industry background will serve his clients well."

Mr. Hajjar is responsible for developing new business through bank brokers, consultants, employee benefit brokers, independent broker-dealers, life brokers, national wirehouses, regional broker-dealers, registered investment advisors and third party administrators in First Mercantile's Rocky Mountains region.  The Rocky Mountains region consists of Colorado, Utah, New Mexico and Arizona.  This new role was created to help serve First Mercantile's increasing sales pipeline.

Prior to First Mercantile, Doug was a Regional Sales Director with The Hartford Retirement Services.

Hajjar can be reached at [email protected].  For more information regarding First Mercantile, contact your investment professional or call First Mercantile at 800-753-3682.

Photo available upon request from [email protected].

About First Mercantile

First Mercantile, one of the premier collective investment trust (CIT) recordkeepers in the United States, offers investment solutions for qualified retirement plans.  Employing a due diligence process, First Mercantile Trust (FMT) searches the investment universe to select non-proprietary options suited for the investment platforms.  CITs are sub-advised by institutional money managers, or invest in mutual funds or exchange traded funds (ETFs).  Also included on the investment platform are Dimensional Fund Advisor (DFA) investments, Lifestyle and Target Date options.  First Mercantile acts in a fiduciary capacity with respect to the management of the assets of the collective investment trust.  The Advisor Review Committee oversees the entire due diligence process, which includes qualitative and quantitative analysis.

These investment products are distributed through solid relationships with quality investment consultants and third party administrators.  First Mercantile offers full fee disclosure and transparency with a flexible and competitive cost structure.  FMT has a national network of seasoned, knowledgeable professionals to provide excellent client service, customer care and support.

MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. www.firstmerc.com.

SOURCE First Mercantile