There is a new man in charge of Phoenix Investment Partners wholesaling operations. The Hartford, Connecticut-based firm promoted David N. Wadley as national sales director of its U.S. wholesaling operation. Wadley had been senior vice president and regional investment consultant for the south central states before the promotion.

In his new role Wadley will oversee the day to day management of Phoenix's 21 regional investment consultants, who provide dedicated sales and service support to financial advisors who sell Phoenix's individual investment products, primarily mutual funds and separately managed accounts. He reports to Steve Gresham, executive vice president of Phoenix Investment Partners, and senior vice president of The Phoenix Companies.

The promotion is the culmination of a building effort that has seen Phoenix add 37 new and adopted retail mutual funds. All counted the firm now offers 69 mutual funds in the PhoenixFunds family.

"Now we're focused on broadening our distribution among national and regional broker dealers and independent planners, and David's deep experience in the marketplace will be a key part of that effort," said Gresham.

Wadley is a 30-year industry veteran and has been a regional investment consultant with Phoenix, marketing the company's mutual funds and managed accounts to financial advisors in Texas, Louisiana, Oklahoma, and Arkansas since 1997. Prior to joining Phoenix, he was president of CAI Securities, where he was responsible for direct mutual fund sales through independent broker-dealers and financial planners in 14 states. Earlier he was president of Geodyne Securities in Houston, Texas, and held senior positions with other securities firms.  

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