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Rating:External Wholesalers Wanted to Break into B-D Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, January 10, 2013

External Wholesalers Wanted to Break into B-D

Reported by Tommy Fernandez

An asset manager, represented by Dolan Capital Group is looking for regional external wholesalers for a variety of regions: NY, Arizona; Colorado; Pacific NW; Texas; Pennsylvania; Central/North FLA, and Minnesota.

The asset manager looking for these wholesalers isn’t named but in the Linkedin posting it is described in the following way:
A Top Asset Management firm (affiliated with one of the top twenty-five banks in the country) is looking forexperienced external wholesalers to join our existing team. Currently this asset manager has $15 billion AUM and twenty-six mutual funds (some four & five star), but has never accessed B/D channels before.
The primary goal of these positions is described as follows:
The primary goal of this position will be to maximize the sale of Mutual Funds through Financial Advisors in the wirehouse, regional, independent and RIA sales channels for an assigned territory. The firm has sales agreements with three of the four largest wirehouses (the 4th is pending) as well as many other large regional B/Ds, banks, RIAs, insurance companies, and independent B/Ds. Altogether the firm has over sixty sales agreements with broker/dealers.
Read more about the job here.  

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