Hennion & Walsh Asset Management has hired Michael Mentuck as a wholesaler covering the Mid-Atlantic region. Mentuck will pitch the Parsippany, New Jersey-based firm's SmartGrowth Lipper mutual funds and SmartTrust Unit Investment Trusts, and report to national sales director Dave D'Arcangelo.

Mentuck -- whose territory includes New Jersey, Pennsylvania, Delaware and Maryland -- joins Andy Gartrell, Ron Farrise and Mike Miranda on the sales team. He takes on the territory formerly covered by Victor Kopelakis, who is no longer with the firm.

Mentuck brings with him ten years of external wholesaling experience from Orbitex Management and Allegiant Asset Management (a division of PNC Investments).

Hennion & Walsh rolled out the SmartGrowth Lipper funds -- a roster of three target-risk mutual funds -- in June 2007 and has since been building out its sales team.

Hennion & Walsh first told the MFWire it planned to add two external and one internal wholesalers back in December 2008. A month later, in January 2009, the firm welcomed Ron Farrise as regional vice president covering New York, Connecticut, Rhode Island and Massachusetts, and Kopelakis as regional vice president overseeing the New Jersey, Pennsylvania, Maryland, Delaware, and Virginia territories.

In July of 2009, Kevin Mahn, managing director and chief investment officer of the SmartGrowth funds, revealed in an interview with the MFWire that the firm was aiming to bring on board two more external wholesalers to cover the West Coast, Midwest, and Southern regions, in addition to one internal wholesaler.

A company spokesperson was not immediately available to comment on whether wholesalers have been added to cover these regions or confirm if Hennion & Walsh is still on the prowl for more wholesalers.

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Company Press Release

Michael Mentuck Joins as Regional Vice President for the Mid Atlantic Territory, Representing SmartGrowth® Mutual Funds and SmartTrust® Unit Investment Trusts.

*Parsippany, NJ – January 13, 2010 *– Hennion & Walsh, a full-service securities firm providing disciplined and personalized approaches to investing for individual investors, is pleased to announce the appointment of Michael Mentuck to its growing wholesaling team representing the SmartGrowth® Mutual Funds and SmartTrust® Unit Investment Trusts.

Mr. Mentuck, who is based in Pennsylvania, joins Hennion & Walsh as a Regional Vice President and will cover the Mid Atlantic territory of the United States, including New Jersey, Pennsylvania, Delaware and Maryland. He brings nearly 20 years of experience in the asset management and financial services industry, including 10 years external wholesaling experience working at Orbitex Management and Allegiant Asset Management, a division of PNC Investments.

Mr. Mentuck currently holds his series 7, 63, 65 as well as his Life and Health licenses. He has an MBA from Long Island University. To speak to Mr. Mentuck directly, please contact him at 917.862.6083.

“At Hennion & Walsh, providing disciplined investment strategies and professional portfolio management for all investors is our driving focus. As we continue expanding the distribution of our SmartGrowth® and SmartTrust® offerings, this mission forms the basis of our wholesaling efforts,” said Bill Walsh, President and Partner, of Hennion & Walsh. “Michael brings extensive industry experience and expertise, and he will be an asset in our ongoing growth.”

“Michael is joining our talented and experienced wholesaling team, led by National Sales Director Dave D’Arcangelo. In his role, he will work alongside Andy Gartrell, Ron Farrise and Mike Miranda, filling out Hennion & Walsh’s committed group in delivering a personalized approach to investing in order to help individuals grow and protect their investments,” said Richard Hennion, Executive Vice President and Partner, of Hennion & Walsh.

The SmartGrowth® family of Mutual Funds includes a series of three target-risk mutual funds: SmartGrowth® Lipper Optimal Conservative Index Fund (LPCAX), SmartGrowth® Lipper Optimal Moderate Index Fund (ULPMAX) and the SmartGrowth® Lipper Optimal Growth Index Fund (LPGAX). The funds track investment benchmarks specifically designed to deliver risk/reward optimization. They encompass virtually the entire risk/reward spectrum, from very conservative to aggressive growth, for long-term investors.

The SmartTrust® UIT portfolios currently include nine UITs, including tax-free income, taxable income, equity income, and equity growth oriented portfolios. UITs generally invest in a fixed portfolio, typically for a predetermined period of time. Rather than selecting from individual stocks and bonds, UITs allow individuals to invest in a basket of securities with a single purchase. Each portfolio is strategically designed to handle a specific set of investment objectives and needs, keeping in mind risk, income requirements, diversification and liquidity.

“At Hennion & Walsh, it is our duty and privilege to guide clients’ portfolios to help meet their investment goals and objectives,” said Kevin Mahn, Portfolio Manager for the SmartGrowth® Mutual Funds and Chief Investment Officer at Hennion & Walsh. “We look forward to continuing to reinforce our service and distribution capabilities as an advocate for individual investors and provider of institutional-quality care for clients.”

To request more information or to speak with Bill Walsh, Richard Hennion and Kevin Mahn, please contact Carol Graumann at 973.732.3521 or _carol@jcpublicrelations.com_. You can also visit _www.hennionandwalsh.com_.

*About Hennion & Walsh *

Hennion & Walsh, Inc. was founded by Richard Hennion and William Walsh and has been serving clients as a full-service securities firm, specializing in municipal bonds, since 1990. The firm has built its reputation on developing strong, mutually beneficial relationships designed to last a lifetime. The firm offers 9 proprietary unit investment trusts under the SmartTrust^® brand. The firm also offers the SmartGrowth^® Lipper Mutual Funds as well as managed money portfolios to both individuals and retirement plans through its affiliate, Hennion & Walsh Asset Management Company. Additional information can be obtained at _www.hennionandwalsh.com__UT _or by calling (800) 836-8240.

/An investor can lose money by investing in this Trust. The Trust is not actively managed and will not sell securities in response to ordinary market fluctuations. An investment in this unit investment Trust is subject to market/

/risk, which is the possibility that the market values of securities owned by the Trust will decline and that the value of Trust units that you receive in connection with the Trust’s termination or a redemption of your units may /

/therefore be less than what you paid for them. There is no guarantee that the Trust will meet its investment objectives, that the securities comprising the portfolio will pay dividends or that the unit price will not decline. /

/Investors should consider the Trust’s investment objective, risks, charges and expenses carefully before investing. The prospectus contains this and other information relevant to an investment in the Trust. Please read the prospectus carefully before you send money./

 

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