Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:W&R Names 3rd Party Distribution Head Not Rated 3.0 Email Routing List Email & Route  Print Print
Monday, October 9, 2000

W&R Names 3rd Party Distribution Head

Reported by Sean Hanna, Editor in Chief

Waddell & Reed (Overland Park, Kansas) has tapped Andrew Thinnes III as managing director of third-party distribution. In his newly created position he reports to Thomas W. Butch, senior vice president and chief marketing officer.

The move comes in the wake of Waddell & Reed's decision to broaden its distribution beyond its captive sales force to include third-party distributors and to rename its funds to clarify those channels. Other additions to the third-party distribution team include: James M. Stilwell who will act as national director, Registered Investment Advisor Group, and William K. Hurley, Jr., who will handle the retirement market as national director, Retirement Plans Group.

"We believe that Andrew's strong background and skills make him exceptionally well-suited to lead our third-party distribution efforts," said Butch. "He has a long track record of successfully building relationships and gathering assets in the channels we are most directly targeting, particularly the retirement and wrap markets."

Thinnes, 40, held a variety of positions with Strong Capital Management before joining Waddell & Reed, most recently as senior vice president of investment management sales and relationship management for the institutional client services division.

Stilwell, 58, has more than 15 years of experience in sales management and wholesaling of mutual funds. Most recently, he was national director, registered investment advisor division, for the Conseco Fund Group. He also served as western regional sales manager of the registered investment advisor division of Morgan Stanley/Van Kampen Funds.

Hurley, 36, most recently held the position of vice president, American Express Retirement Services. Prior to that position, he served as a vice president for Cigna Retirement & Investment Services and as an employee benefit consultant for Johnson & Higgins.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

3.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use