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

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

Rating:Spina Builds a Portfolio Service Team Not Rated 5.0 Email Routing List Email & Route  Print Print
Thursday, August 27, 2020

Spina Builds a Portfolio Service Team

Reported by Katherine Robertson

The team at Basking Ridge, New Jersey-based FLX Distribution has created a Portfolio Service Team (PST). The team, which consists of four members brought on board this summer, will manage connecting asset managers with the third-party marketing and distribution firm's (TPM's) marketplace resources.

Mark Vincent Spina
FLX Distribution
President, Chief Operating Officer
"The Portfolio Service Team overall is working in collaboration with our asset management partners to raise and retain assets on their behalf," Mark Spina, FLX president and chief operating officer, tells MFWire. "[Team members] are working across channels including, intermediary and institutional. Really, the role of the team is to introduce a capability to an advisor or a professional buyer, to review that portfolio capability, to respond to questions, to identify ways that that capability can be utilized in an overall portfolio, and then to provide ongoing info and insight as to how that particular capability is performing overtime."

The four members of the new team are Ralph Divino , Hillary Ambrose , Henry Kim , and Robert Britt . Most recently, the members held positions at Macquarie Group, LoCorr Funds, New York Life's Eagle Strategies, and Vanguard, respectively. All team members report directly to Spina.

Spokespeople from the Macquarie Group and LoCorr Funds did not immediately respond to requests for comment. A spokesperson from Vanguard declined to comment.

"Given the dynamism in the market and given the growth of the firm, we've really centered on versatility," Spina says to MFWire. "We've specifically hired individuals who can understand first and converse about a range of asset classes and product structures."

Spina hints at future growth, of FLX's asset manager client base and then of the PST team: "We expect that as we add additional asset managers in Q3 and Q4 of 2020, we expect to expand the Portfolios Services Team."

The unveiling of the PST team comes on the heels of the closing last month of FLX's $2.5-million seed round of funding. 

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

5.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2022: Q2Q1
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


  1. 2022 ICI Leadership Summit, May 25-26
  2. ALFI Roadshow to New York, May 25
  3. 2022 IDC Fund Directors Workshop, May 26
  4. Irish Funds Annual Global Funds Conference 2022, May 30-31
  5. WealthManagement Edge, May 31 - June 3
  6. MFDF 2022 Fund Governance and Regulatory Insights Conference, Jun 8-9
  7. 28th annual Expect Miracles East Coast Classic, June 9
  8. 2022 Sohn Investment Conference, June 9
  9. IDC webinar - Cybersecurity for Fund Boards: The Current Landscape, June 9
  10. MMI webinar - Driving Business Value with Artificial Intelligence & Data, June 15
  11. MFDF webinar - Key Takeaways From Morningstar's 2021 Annual Fund Fee Study, June 16
  12. MFDF Director Discussion Series - Open Forum (Chicago), June 21
  13. 2022 MMI Emerging Asset Managers Forum, June 23
  14. MFDF In Focus: Capitol Hill, A Conversation with Congressman Bryan Steil, June 28
  15. Financial Planning INVEST, Jun 28-29
  16. MFDF webinar - Differentiating Mutual-Fund-to-ETF Conversions, July 19
  17. MFDF Director Discussion Series - Open Forum (New York), July 20
  18. 2022 MMI Distribution Leadership Forum, Jul 20-21
  19. MFDF webinar - Fund Boards' Oversight of Investment Performance, July 28
  20. MFDF webinar - Performance, Perception and Manager Selection, September 14
  21. 2022 ICI Tax and Accounting Conference, Sep 18-21
  22. 5th annual Expect Miracles Atlantic Coast Classic, October 3
  23. Nicsa Fearless Leadership Symposium, Oct 6-7
  24. 2022 MMI Annual Conference, Oct 19-21
  25. 2022 IDC Fund Directors Conference, Oct 24-26
  26. 18th annual Expect Miracles Wine & Spirits Event, October 27




©All rights reserved to InvestmentWires, Inc. 1997-2022
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use