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Rating:Hennion & Walsh is Hiring Wholesalers Not Rated 5.0 Email Routing List Email & Route  Print Print
Monday, December 01, 2008

Hennion & Walsh is Hiring Wholesalers

Reported by Armie Margaret Lee

Hennion & Walsh Asset Management is adding wholesalers whose mandate will be to pitch its line of funds-of-ETFs. The Parsippany, New Jersey-based firm is on the hunt for two wholesalers, one external and one internal, who will work under the direction of national sales manager David D'Arcangelo.

Hennion & Walsh already has two wholesalers dedicated to the funds, branded SmartGrowth Lipper Funds.

The firm plans to fill the two new posts "within the next couple of months," said Kevin Mahn, managing director and chief investment officer.

Hennion & Walsh launched the funds, which track Lipper's Optimal Target Risk Indices, in June of last year. Assets in the funds total about $21 million.

The funds are carried on 49 platforms, including LPL, Fidelity, Wachovia, RBC Dain Rauscher, JP Turner, Pershing, TD Ameritrade and E*Trade

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