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

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

Rating:HighMark Allies for B-D Distribution Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, November 15, 2005

HighMark Allies for B-D Distribution

by: Sean Hanna, Editor in Chief

HighMark Capital has paired up with Questar Asset Management to sell a new line of asset allocation models for managed accounts. The alliance pairs the asset management capabilities of the bank-owned fund family with the distribution of the publicly-owned broker-dealer.

"By partnering with HighMark, we can offer institutional-quality investment management to retail clients," explained John Gakenheimer, president of Questar Asset Management. "This really adds depth to the managed account options our Investment Advisor Representatives can provide."

The asset allocation strategies will be overseen by HighMark's chief stock picker David Goerz and sold through Questar Capital's network of 400 reps. Questar officials are planning to launch of the models through a nationwide series of road shows and meetings.

Greg Knopf, managing director of Mutual Funds for HighMark Capital Management (which is a subsidiary of Union Bank of California), explained the firm is responding to demand from financial advisors who are requesting "smarter" tools that allow them to better manage client assets.

HighMark Capital currently claims more than $20 billion in client assets under management.

Questar claims selling agreements with 90 mutual fund companies, some 70 variable life and annuity companies, and 15 fee-based money managers. 

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
2024: Q4Q3Q2Q1
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