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

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

Rating:Transamerica Has a New Strategy for Pitching its Mutual Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, October 20, 2010

Transamerica Has a New Strategy for Pitching its Mutual Funds

Reported by Armie Margaret Lee

Transamerica Capital Management [see profile] has a new head of sales and a new approach for pitching its mutual funds. The Denver-based firm tapped Dave Paulsen as chief sales officer.

TCM will also start employing a "multi-channel approach to its mutual fund business," according to a press release on Tuesday. It will have smaller territories and increase wholesaling support to distributors and advisors.

Additional details about the new strategy could not immediately be obtained.
Company Press Release

Transamerica Introduces New Distribution Strategy Dave Paulsen Named Chief Sales Officer for Transamerica Capital Management

Dave Paulsen assumes the role of Chief Sales Officer for TCM. Dave joined Transamerica in 2007 as National Sales Manager for Annuities. Additionally, TCM will begin using a multi-channel approach to its mutual fund business, creating smaller territories and increased wholesaling support to distributors and advisors.

"Collaboration among our sales teams is vital to our success, and these changes align our teams more closely while positioning us for future growth," said Tom Swank, President and CEO of Transamerica Capital Management. "I look forward to Dave’s leadership and expertise in continuing to build on our achievements."

"This new strategy positions us well for challenges that arise now and in the future," Paulsen said. "We are committed to the mutual fund and annuity businesses, and we strongly believe this structure allows us to grow most efficiently moving forward."

About Transamerica Capital Management

Transamerica Capital Management is an operating division of Transamerica Capital, Inc., Transamerica Life Insurance Company and Transamerica Financial Life Insurance Company. Transamerica Capital, Inc. is the underwriting and wholesaling broker/dealer for variable annuities issued by Transamerica Life Insurance Company in Cedar Rapids, IA, and Transamerica Financial Life Insurance Company in Harrison, NY. All of these companies are AEGON companies. Transamerica Capital, Inc. works with financial professionals at wirehouse, regional, independent, and bank firms to provide a variety of insurance and investment solutions.

Transamerica Asset Management Group consists of Transamerica Funds, Transamerica Partners Funds, Transamerica Series Trust, Transamerica Income Shares, Inc., and Transamerica Asset Management, Inc. Transamerica Asset Management, Inc. is an AEGON company. As of September 30, 2010, Transamerica Asset Management, Inc. had approximately $45 billion in assets under management.

About AEGON N.V.

AEGON N.V., based in The Hague, The Netherlands, has life insurance, pension and investment businesses in over 20 markets in the Americas, Europe and Asia. AEGON companies employ approximately 28,000 people and have over 40 million customers across the globe. For more information about AEGON, visit www.aegon.com.
 

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

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2021: Q1
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


  1. Women in ETFs Global 2021 Virtual Conference, Jan 26-27
  2. Nicsa webinar - Investment Data Science: A World Outside of Spreadsheets, January 27
  3. MFDF Director Discussion Series - Open Forum via Zoom, January 27
  4. MFDF webinar - Post-Election Insights on Regulations and Issues That Affect Mutual Funds, January 28
  5. MMI Executive IQ Webinar: The 2021 Leadership Imperative, January 28
  6. ICI webinar - DOL's Stance on ESG Investments: A Look Ahead to 2021 and Beyond, January 29
  7. MFDF webinar - A New Fair Valuation Framework for Fund Directors, February 3
  8. MFDF Director Discussion Series - Open Forum via Zoom, February 10
  9. ICI webinar - ESG Fund Investing: The 2021 Landscape, February 16
  10. MFDF Director Discussion Series - Open Forum via Zoom (West Coast), February 24
  11. NICSA 2021 Strategic Leadership Forum, Feb 24-26
  12. IDC Foundations for Fund Directors, Mar 1-2
  13. MFDF Director Discussion Series - Open Forum via Zoom (Midwest), March 10
  14. 2021 Virtual Mutual Funds and Investment Management Conference, Mar 15-19
  15. ETFGI Global ETFs Insights Summit - ESG & Active ETF Trends, Mar 24-25
  16. MFDF Director Discussion Series - Open Forum via Zoom, March 24
  17. MFDF Director Discussion Series - Open Forum via Zoom, April 7
  18. ETF.com Awards 2020, April 20
  19. MFDF Director Discussion Series - Open Forum via Zoom (Northeast), April 21
  20. 44th Annual AIMSE Marketing & Sales Conference, May 2-4
  21. MFDF Director Discussion Series - Open Forum via Zoom (Southeast), May 5
  22. ICI 2021 General Membership Meeting - Day 1, May 6
  23. ICI 2021 General Membership Meeting - Day 2, May 13
  24. 2nd annual ETFGI Global ETFs Insights Summit - USA, May 19-20
  25. MFDF Director Discussion Series - Open Forum via Zoom, May 19
  26. ICI 2021 Operations and Technology Conference, May 20




©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use