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

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

Rating:Why a Michigan RIA Teamed Up With a Fund Firm Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, March 21, 2019

Why a Michigan RIA Teamed Up With a Fund Firm

Reported by Neil Anderson, Managing Editor

Thanks to a recent mutual fund merger, a midwestern broker-dealer and RIA is teaming up with a fund firm.

John Kailunas II
Regal Financial Group
Founder, CEO
Last month, Regal Investment Advisors' Regal Total Return Fund merged into North Star Investment Management's North Star Opportunity Fund [profile]. Grand Rapids, Michigan-based Regal, a full-service RIA with its own sister B-D, and Chicago, Illinois-based North Star, a fund firm, will have "a bright future together" thanks to the deal, Regal CEO John Kailunas tells MFWire.

"We decided we could get bigger quicker by teaming up with the professionals at North Star ... We're going to handle the distribution," Kailunas says. "North Star doesn't have a great deal of distribution, and we're hoping to change that."

"It was a perfect hand in glove opportunity for us to increase our size, increase our distribution, and lower costs for the retail," Kailunas adds. "We see a tremendous opportunity with the two firms aligned moving forward in the same direction."

Regal's Jim Tassoni now serves as a PM at North Star, and he continues to serve as chief investment officer for Regal Investment Advisors, too, Kailunas confirms. 

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

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q3Q2Q1
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:
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