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Thursday, February 04, 2010

Schroders Lures Two Sales Pros

Reported by Armie Margaret Lee

There are two new faces on Schroders' sales team. The asset manager has brought on board John Maguire and Julie Macalka as external wholesalers, company spokeswoman Jennifer Manser told The MFWire. They report to Carter Sims, head of intermediary distribution for North America.

There are a total of five external and two internal wholesalers on Sims' team.

Maguire started at Schroders on January 11 as West Coast sales director, succeeding Mike Kinney. Previously, Maguire spent nine years at Gannett Welsh & Kotler, the last four as regional sales director for the Western U.S.

A GWK representative was not immediately available for comment on how Maguire's duties are being handled.

Macalka arrived at Schroders last December, joining Steven Wagenbach in covering the Northeast. Macalkca came from Evergreen Investments, where she was a wholesaler focusing on Wells Fargo financial advisors in New York, New Jersey and Connecticut. (Wells Fargo acquired Evergreen's parent, Wachovia Corp., at the beginning of 2009.) Earlier in her career, Macalka worked as an analyst at Bank of America's global corporate finance group.

It was not immediately clear how Macalka's duties at Evergreen are being handled. A spokesperson for Evergreen/Wells Fargo declined to comment on personnel matters, citing company policy. 

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