Daniel D. Olson has launched Olson Tax & Financial Planning, LLC. Olson was previously with money market fund trading "portal" Citibank Online Investments.
Robert J. Schmelzer has left Jersey City-based Financial Sciences Corporation. Schmelzer was product manager of the company's money market and commercial paper trading platform.
James McDonald is retiring as portfolio manager of T. Rowe Price Summit Cash Reserves Fund.
Putnam Investments named Jeffrey R. Carney Senior Managing Director and Head of Global Marketing and Products, said Putnam President and CEO Robert L. Reynolds today in a press release. Carney was previously at Bank of America.