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

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

Rating:Federated is Hiring Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, July 05, 2011

Federated is Hiring

Reported by Armie Margaret Lee

Federated Investors [see profile] is growing its sales force in an effort to call on more regional broker-dealers. The Pittsburgh-based mutual fund firm has appointed a pair of regional sales managers and plans to add nine external wholesalers, five internals and four administrative staff, said Tom Territ, president of Federated Securities Corp.

"I hope to have a good mix of internal and external candidates," Territ said in an interview.

Federated will kick off the search for the wholesaler and admin posts in the next two weeks.

The two newly appointed regional sales managers are Erik Zettelmayer and Matthew Khan.

Colin Starks and Peter Eisenbrandt continue to run the b-d sales channel as national sales managers.

Territ traced the sales force expansion to a trio of factors: "solid investment performance, sales success and our recommitment to advertising, marketing and the Web site."

Currently, Federated's salespeople in the b-d channel spend about 75 percent of their time calling on wirehouses. The new additions to the sales force will concentrate on the regional players.

At present, the b-d channel has 45 external wholesalers and the same number of internals.

Federated's other channels include wealth management, which focuses on private banks and RIAs and institutional, which calls on plan sponsors. The firm also has an SMA team.

The wealth management group has 32 externals, the institutional team has 24 and the SMA team has 10.

Federated's sales organization has a total of 61 internal wholesalers.  

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

 Do You Recommend This Story?

Return to Top
 News Archives
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. 1997-2022
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use