RidgeWorth Investments expands distribution team
RidgeWorth Investments is to grow its sales teams by 30 per cent in response to growing demand from financial advisors and institutional investors for its investment products.
"We're excited about our growth potential and are investing in new talent to expand our distribution team," says Ashi S Parikh, RidgeWorth CEO and chief investment officer.
Staffing plans that will drive RidgeWorth's wealth advisor channel will result in a one-to-one ratio of internal to external wholesalers.
Bob Kuberski, managing director, will continue to serve as national sales manager for the wealth advisor channel.
Expanding support for the defined contribution investment only (DCIO) channel is also an instrumental part of RidgeWorth's distribution strategy and will be led by Brandon Shea, managing director, who will continue to serve as national sales manager.
Complementing these expansion plans, additional specialists will be added to support RidgeWorth's institutional sales efforts, including two members dedicated to uncovering opportunities internationally.
"We pride ourselves on our performance, and investors are attracted to our boutique manager approach, which aligns investor and manager interests," says Parikh. "RidgeWorth's positive momentum continues, and we are strategically positioning ourselves for ongoing success in 2014."
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