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

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

Rating:MF Wrap Hits Billion Mark Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, June 1, 2005

MF Wrap Hits Billion Mark

by: Sean Hanna, Editor in Chief

Brinker Capital has gathered more than $1 billion of assets in its mutual fund wrap program. The Berwyn, Pennsylvania-based firm offers the Destinations mutual fund wrap program through 850 financial advisors.

Assets in the decade-old program tripled in 2004 from $247 million at the end of 2003 to just over $1 billion as of the close of market May 20, 2005, according to Brinker Capital officials. The mutual fund wrap offers advisors 10,000 funds and 12 investment strategies.

Much of the growth is accounted for by the growing number of financial advisors using Destinations. That number grew from 235 at the end of 2003 to more than 850 today.

Lee Dolan, a Brinker Capital principal and national sales director said that advisors see the value in working with Brinker to help structure portfolios for clients. The program offers 12 investment strategies: Capital Preservation-Taxable, Capital Preservation-Qualified, Capital Income & Growth-Taxable, Capital Income & Growth-Qualified, Balanced Income, Capital Growth & Income-Taxable, Capital Growth & Income, Qualified, Capital Growth-Taxable, Capital Growth-Qualified, Aggressive Capital Growth-Taxable, Aggressive Capital Growth-Qualified and Aggressive Equity Capital Growth.  

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

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q2Q1
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:
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