The deal also points to an emerging market shift as investment managers move away from specialized providers to outsourcing partners with diverse expertise and platforms that work across investment product lines
LeMoin stated, "With a proven track record of successfully managing triple-digit growth in clients and assets with an investment product line
, Steve is the ideal candidate for this position.
a wholly owned subsidiary of Area Bancshares Corporation, and will manage the company's non- deposit investment product line
under the name Area Investment Services.
Faller has responsibility for marketing the firm's full investment product line
- mutual funds, managed accounts, retirement plans and variable annuity products - to wirehouses, national, regional and independent broker/dealers, registered investment advisors and insurance sales channels.
We believe that the convenience of Standard Federal's numerous retail locations coupled with the flexibility of an expanded investment product line
will appeal to existing customers and help attract new customers as well.
Mutual funds are a vital component of the strategy as the company expands its retail investment product line