Minot, North Dakota-based Integrity Mutual Funds is searching for a new president and CEO, following the resignation of Mark Anderson. Bradley Wells, senior Vice president and director of retail administration, will be filling in on an interim basis.

Mark Anderson Integrity former president and CEO

"The board is currently going through a full due-diligence process, which happens whenever there is a resignation" a spokeswoman for Integrity told The MFWire.

Both internal and external candidates are being looked at, she added.

Anderson retired to move onto new and different opportunities, according to the spokeswoman.

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Company Press Release

Integrity Mutual Funds, Inc. (IMFD.OB), a mutual fund and financial services company, announced today that Bradley Wells will serve as interim President and CEO for the company. This appointment follows the resignation of Mark Anderson.

Brad Wells Integrity president and CEO

Wells has been in the financial industry for over 20 years and has been on Integrity’s senior management team since 2001 as a Senior Vice President and Director of Retail Administration. He has been an active part of building and running the Company broker-dealer division, Capital Financial Services. Under his direction, the Capital Financial Services team and production grew fifty percent in 2007 and also grew to one of the top 50 broker/dealers in the country by representative count.

Mr. Wells has served in various executive positions for Integrity and has been an integral part of the recent growth. Mr. Wells is a registered representative, registered investment advisor, and registered securities principal and holds a B.B. Administration from the University of North Dakota.

Integrity Mutual Funds, Inc. is publicly traded over the OTC Bulletin Board under the symbol IMFD.OB. With its subsidiaries, Integrity Money Management, Inc., Integrity Fund Services, Inc., and Integrity Funds Distributor, Inc., the firm sponsors, manages, and advises mutual funds. IMFD also owns Capital Financial Services, Inc., a full-service brokerage firm that specializes in providing investment products and services to 450 independent investment representatives, financial planners, and investment advisors throughout the United States. More information is available at http://corp.integrityfunds.com or by calling 800/276-1262. 

Edited by: Erin Kello


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