FLX Expands a Team By Four and Adds a Sage
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Monday, October 12, 2020

FLX Expands a Team By Four and Adds a Sage

The team at the financial technology firm FLX Distribution is expanding. Four members have been added to the FLX Portfolio Service Team (PST). In addition, Grail Partners LLC founder Darlene DeRemer has joined FLX's advisory board.

"We are seeing strong growth and market demand for the new FLX Distribution model," FLX president and COO Mark Spina wrote in a statement to MFWire. "In response to that we are committed to a positive experience for our asset management clients and adding resources commensurate with growth. "

The four PST new hires are Gregg Beagle, John Feeley, Jared Teach, and Jack Van Dyke , who most recently served at Pacific Funds, Conway Investment Research, Hartford Funds, and Carillon Tower Advisers, respectively. The four hires hold the title of director and report to Spina.

"As we build out the PST, these individuals add significant experience and versatility across asset classes, product wrappers, channels and geography. The PST is at the core of the new FLX Distribution model," stated Spina, noting that "[FLX expects] to add more to the PST over time."

DeRemer currently serves as a special advisory partner at Grail Partners. Her previous experience includes serving as an investment banker at Putnam Lovell NBF and founding DeRemer + Associates, a consultancy focused on the US mutual fund industry.

"Darlene has terrific experience across asset management and financial technology. As a leading advisor to the financial services industry, she has particular expertise in the implementation of innovative service strategies, experience which is highly applicable to FLX Distribution," Spina stated to MFWire. "We have an exceptionally strong board in place and expect to add modestly."

These additions follow the unveiling of the FLX PST and its first four members in August. Spina, who created the PST, joined FLX back in May.

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