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Rating:Advantus Hires SVP of Institutional Account Sales Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, April 18, 2007

Advantus Hires SVP of Institutional Account Sales

News summary by MFWire's editors

Advantus Capital Management has hired Jay H. Strohmaier as senior vice president of institutional account sales. He will lead sales efforts in the institutional and insurance markets.

Jay H. Strohmaier, CFA, has joined Advantus Capital Management as senior vice president of institutional account sales. He will lead the St. Paul-based asset manager’s sales effort in the institutional and insurance markets.

“Jay comes to Advantus with 23 years of sales success in the institutional market,” said Mary Marston, vice president, Marketing and Investment Products. “He brings a strong work ethic, solid relationship skills and desire to make a difference that will be a good fit with our culture.”

Strohmaier joins Advantus from Peregrine Capital Management, where he most recently was senior vice president and portfolio manager. His experience in the investment industry spans a broad range of investment strategies, including fixed income, equities and derivative products. Strohmaier holds a bachelor’s degree from Washington State University and a master’s from the University of Minnesota; he earned his CFA designation in 2005.

Strohmaier plans to expand the sales function at Advantus, which has seen a 15 percent compounded annual growth rate over the past two years. Future growth is expected to be driven, in part, by three newer products, including long duration fixed income, core plus fixed income and a Schedule B commercial mortgage product.

Advantus Capital Management http://www.advantuscapital.com offers fixed income and real estate investment products and services to institutional investors, including subadvised mutual funds, 401(k) offerings and variable insurance and annuity portfolios. Advantus has $18 billion under management and distributes its insurance variable series fund through Securian Financial Services, Inc., member NASD/SIPC, 400 Robert Street North, St. Paul, MN 55101. [END]

EDITOR: A high-resolution color photo of Jay Strohmaier is available via email by contacting margaret.jensen@securian.com 

Edited by: Erin Kello

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